BTOT vs. IYE
BTOT (iShares Total USD Fixed Income Market ETF) and IYE (iShares U.S. Energy ETF) are both exchange-traded funds - BTOT is a Total Bond Market fund tracking the Bloomberg US Total Fixed Income Market Index, while IYE is a Energy Equities fund tracking the Dow Jones U.S. Oil & Gas Index. Both are passively managed. At a correlation of -0.34, they often move in opposite directions. BTOT charges 0.09%/yr vs 0.42%/yr for IYE.
Performance
BTOT vs. IYE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BTOT achieves a 1.10% return, which is significantly lower than IYE's 22.21% return.
BTOT
- 1D
- 0.06%
- 1M
- 0.87%
- YTD
- 1.10%
- 6M
- 1.03%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IYE
- 1D
- 1.04%
- 1M
- -5.86%
- YTD
- 22.21%
- 6M
- 23.06%
- 1Y
- 31.06%
- 3Y*
- 14.49%
- 5Y*
- 17.54%
- 10Y*
- 8.42%
BTOT vs. IYE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BTOT iShares Total USD Fixed Income Market ETF | 1.10% | 0.12% |
IYE iShares U.S. Energy ETF | 22.21% | -2.35% |
Correlation
The correlation between BTOT and IYE is -0.34, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025 | -0.34 |
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
BTOT vs. IYE — Risk / Return Rank
BTOT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IYE
BTOT vs. IYE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Total USD Fixed Income Market ETF (BTOT) and iShares U.S. Energy ETF (IYE). 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.
| BTOT | IYE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.26 | — |
| Martin ratioReturn relative to average drawdown | — | 6.59 | — |
Loading charts...
Drawdowns
BTOT vs. IYE - Drawdown Comparison
The maximum BTOT drawdown since its inception was -2.36%, smaller than the maximum IYE drawdown of -73.74%. Use the drawdown chart below to compare losses from any high point for BTOT and IYE.
Loading charts...
Drawdown Indicators
| BTOT | IYE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.36% | -73.74% | +71.38% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.81% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.37% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.59% | — |
Current DrawdownCurrent decline from peak | -0.48% | -12.70% | +12.22% |
Average DrawdownAverage peak-to-trough decline | -0.79% | -19.34% | +18.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 4.73% | — |
Volatility
BTOT vs. IYE - Volatility Comparison
Loading charts...
Volatility by Period
| BTOT | IYE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.79% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 16.50% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.72% | 20.29% | -16.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.72% | 25.68% | -21.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.72% | 29.52% | -25.80% |
BTOT vs. IYE - Expense Ratio Comparison
BTOT has a 0.09% expense ratio, which is lower than IYE's 0.42% expense ratio.
Dividends
BTOT vs. IYE - Dividend Comparison
BTOT's dividend yield for the trailing twelve months is around 2.11%, less than IYE's 2.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTOT iShares Total USD Fixed Income Market ETF | 2.11% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IYE iShares U.S. Energy ETF | 2.33% | 2.85% | 2.75% | 2.99% | 3.37% | 2.98% | 4.75% | 6.60% | 3.16% | 2.66% | 2.11% | 3.39% |
Frequently Asked Questions
BTOT and IYE have a correlation of -0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BTOT is cheaper at 0.09% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BTOT is cheaper with a 0.09% expense ratio, compared with 0.42% for IYE.
IYE has the higher dividend yield at 2.33%, compared with 2.11% for BTOT.
BTOT is categorized as Total Bond Market, while IYE is Energy Equities. BTOT tracks Bloomberg US Total Fixed Income Market Index, while IYE tracks Dow Jones U.S. Oil & Gas Index. Their fees differ too: 0.09% for BTOT and 0.42% for IYE.
Find the right allocation for BTOT and IYE
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