CEG vs. IBIT
CEG (Constellation Energy Corp) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, CEG returned -15.08% vs -40.63% for IBIT. At a 0.28 correlation, their price movements are largely independent.
Performance
CEG vs. IBIT - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with CEG having a -27.96% return and IBIT slightly higher at -27.41%.
CEG
- 1D
- 2.86%
- 1M
- -7.54%
- YTD
- -27.96%
- 6M
- -27.70%
- 1Y
- -15.08%
- 3Y*
- 40.06%
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CEG vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CEG Constellation Energy Corp | -27.96% | 58.80% | 94.44% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between CEG and IBIT is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.28 |
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Return for Risk
CEG vs. IBIT — Risk / Return Rank
CEG
IBIT
CEG vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Energy Corp (CEG) 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.
| CEG | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.60 | ||
| Sortino ratioReturn per unit of downside risk | +1.14 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.85 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | -0.78 | +0.40 |
| Martin ratioReturn relative to average drawdown | -0.78 | -1.37 | +0.59 |
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Drawdowns
CEG vs. IBIT - Drawdown Comparison
The maximum CEG drawdown since its inception was -50.70%, roughly equal to the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for CEG and IBIT.
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Drawdown Indicators
| CEG | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -52.11% | +1.41% |
Max Drawdown (1Y)Largest decline over 1 year | -39.77% | -52.11% | +12.34% |
Max Drawdown (3Y)Largest decline over 3 years | -50.70% | — | — |
Current DrawdownCurrent decline from peak | -36.93% | -49.45% | +12.52% |
Average DrawdownAverage peak-to-trough decline | -11.67% | -16.53% | +4.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.38% | 29.64% | -10.26% |
Volatility
CEG vs. IBIT - Volatility Comparison
Constellation Energy Corp (CEG) has a higher volatility of 15.26% compared to iShares Bitcoin Trust ETF (IBIT) at 12.07%. This indicates that CEG's price experiences larger fluctuations and is considered to be riskier 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
| CEG | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.26% | 12.07% | +3.19% |
Volatility (6M)Calculated over the trailing 6-month period | 37.72% | 34.45% | +3.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.66% | 44.10% | +2.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.38% | 50.26% | -0.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.38% | 50.26% | -0.88% |
Dividends
CEG vs. IBIT - Dividend Comparison
CEG's dividend yield for the trailing twelve months is around 0.64%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CEG Constellation Energy Corp | 0.64% | 0.44% | 0.63% | 0.97% | 0.65% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CEG and IBIT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CEG has higher volatility (15.26%) compared to IBIT (12.07%). In terms of maximum drawdown, CEG dropped -50.70% vs IBIT's -52.11%.
CEG currently has the higher Sharpe Ratio (-0.32 vs -0.92), 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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