BTCFX vs. IBIT
BTCFX (Bitcoin ProFund Investor) and IBIT (iShares Bitcoin Trust ETF) are both Cryptocurrency funds. Over the past year, BTCFX returned -39.91% vs -38.74% for IBIT. With a 1.00 correlation, they move nearly in lockstep. BTCFX charges 1.41%/yr vs 0.25%/yr for IBIT.
Performance
BTCFX vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with BTCFX having a -24.39% return and IBIT slightly lower at -25.48%.
BTCFX
- 1D
- -6.10%
- 1M
- -16.39%
- YTD
- -24.39%
- 6M
- -29.06%
- 1Y
- -39.91%
- 3Y*
- 25.47%
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTCFX vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BTCFX Bitcoin ProFund Investor | -24.39% | -11.83% | 86.21% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between BTCFX and IBIT is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 1.00 |
The correlation between BTCFX and IBIT has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BTCFX vs. IBIT — Risk / Return Rank
BTCFX
IBIT
BTCFX vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bitcoin ProFund Investor (BTCFX) 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.
| BTCFX | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.86 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | -0.79 | +0.01 |
| Martin ratioReturn relative to average drawdown | -1.33 | -1.36 | +0.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BTCFX | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.89 | -0.89 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.03 | 0.30 | -0.26 |
Drawdowns
BTCFX vs. IBIT - Drawdown Comparison
The maximum BTCFX drawdown since its inception was -77.89%, which is greater than IBIT's maximum drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for BTCFX and IBIT.
Loading charts...
Drawdown Indicators
| BTCFX | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.89% | -49.36% | -28.53% |
Max Drawdown (1Y)Largest decline over 1 year | -50.35% | -49.36% | -0.99% |
Max Drawdown (3Y)Largest decline over 3 years | -50.35% | — | — |
Current DrawdownCurrent decline from peak | -48.15% | -48.10% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -35.94% | -16.02% | -19.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.17% | 28.44% | +0.73% |
Volatility
BTCFX vs. IBIT - Volatility Comparison
Bitcoin ProFund Investor (BTCFX) and iShares Bitcoin Trust ETF (IBIT) have volatilities of 9.82% and 9.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BTCFX | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.82% | 9.50% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 35.00% | 34.44% | +0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.90% | 43.73% | +0.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.42% | 50.19% | +5.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.42% | 50.19% | +5.23% |
BTCFX vs. IBIT - Expense Ratio Comparison
BTCFX has a 1.41% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
BTCFX vs. IBIT - Dividend Comparison
BTCFX's dividend yield for the trailing twelve months is around 37.01%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BTCFX Bitcoin ProFund Investor | 37.01% | 44.62% | 24.28% | 10.95% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, BTCFX and IBIT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BTCFX has higher volatility (9.82%) compared to IBIT (9.50%). In terms of maximum drawdown, BTCFX dropped -77.89% vs IBIT's -49.36%.
BTCFX currently has the higher Sharpe Ratio (-0.89 vs -0.89), 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.
Find the right allocation for BTCFX and IBIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer