BGRO vs. IBIT
BGRO (BlackRock Large Cap Growth ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - BGRO is a Large Cap Growth Equities fund actively managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. BGRO is actively managed, while IBIT is passively managed. Over the past year, BGRO returned 13.92% vs -44.50% for IBIT. Their 0.42 correlation means their historical movements had little consistent relationship. BGRO charges 0.55%/yr vs 0.25%/yr for IBIT.
Performance
BGRO vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, BGRO achieves a 8.91% return, which is significantly higher than IBIT's -28.22% return.
BGRO
- 1D
- 1.70%
- 1M
- -0.79%
- 6M
- 8.95%
- YTD
- 8.91%
- 1Y
- 13.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 15.33%
IBIT
- 1D
- -2.89%
- 1M
- 2.21%
- 6M
- -24.95%
- YTD
- -28.22%
- 1Y
- -44.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.79K | $25.19K | $34.77K | |
| $1.30B | $1.34B | $1.68B |
BGRO vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BGRO BlackRock Large Cap Growth ETF | 8.91% | 12.37% | 11.06% |
IBIT iShares Bitcoin Trust ETF | -28.22% | -6.41% | 32.06% |
Correlation
The correlation between BGRO and IBIT is 0.48, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.48 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2024 | 0.42 |
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Return for Risk
BGRO vs. IBIT — Risk / Return Rank
BGRO
IBIT
BGRO vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Large Cap Growth ETF (BGRO) and iShares Bitcoin Trust ETF (IBIT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BGRO | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.48 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.83 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | -0.87 | +1.51 |
| Martin ratioReturn relative to average drawdown | 1.97 | -1.34 | +3.30 |
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Drawdowns
BGRO vs. IBIT - Drawdown Comparison
The maximum BGRO drawdown since its inception was -24.94%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for BGRO and IBIT.
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Drawdown Indicators
| BGRO | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.94% | -53.30% | +28.36% |
Max Drawdown (1Y)Largest decline over 1 year | -17.64% | -53.30% | +35.66% |
Current DrawdownCurrent decline from peak | -6.19% | -50.01% | +43.82% |
Average DrawdownAverage peak-to-trough decline | -4.82% | -18.24% | +13.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.76% | 34.66% | -28.90% |
Volatility
BGRO vs. IBIT - Volatility Comparison
The current volatility for BlackRock Large Cap Growth ETF (BGRO) is 6.02%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.21%. This indicates that BGRO experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BGRO | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.02% | 9.21% | -3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 16.00% | 33.74% | -17.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.92% | 44.46% | -24.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.57% | 49.60% | -26.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.57% | 49.60% | -26.03% |
BGRO vs. IBIT - Expense Ratio Comparison
BGRO has a 0.55% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
BGRO vs. IBIT - Dividend Comparison
BGRO's dividend yield for the trailing twelve months is around 0.03%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
BGRO BlackRock Large Cap Growth ETF | 0.03% | 0.04% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% |
Frequently Asked Questions
BGRO and IBIT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (9.21%) compared to BGRO (6.02%). In terms of maximum drawdown, BGRO dropped -24.94% vs IBIT's -53.30%.
On 1-year performance, BGRO leads with 13.92% vs -44.50% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, BGRO has been the lower-risk option at 6.02%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BGRO has performed better with a 13.92% return vs -44.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.55% for BGRO.
BGRO has the higher dividend yield at 0.03%, compared with 0.00% for IBIT.
BGRO is categorized as Large Cap Growth Equities, while IBIT is Cryptocurrency. Their fees differ too: 0.55% for BGRO and 0.25% for IBIT.
BGRO currently has the higher Sharpe Ratio (0.57 vs -1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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