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COIN vs. IBTM.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

COIN vs. IBTM.L

Last updated Jun 9, 2026

COIN (Coinbase Global, Inc.) is a stock, while IBTM.L (iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)) is Government Bonds fund tracking the ICE U.S. Treasury 7-10 Year Bond Index. Over the past 5 years, COIN returned -6.29%/yr vs -1.15%/yr for IBTM.L. At a 0.08 correlation, their price movements are largely independent.

Performance

COIN vs. IBTM.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Coinbase Global, Inc. (COIN) and iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

COIN is traded in USD, while IBTM.L is traded in GBP. To make them comparable, the IBTM.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, COIN achieves a -28.31% return, which is significantly lower than IBTM.L's -1.33% return.

COIN

1D
6.37%
1M
-19.41%
YTD
-28.31%
6M
-40.88%
1Y
-35.48%
3Y*
44.90%
5Y*
-6.29%
10Y*
—

IBTM.L

1D
0.23%
1M
-1.12%
YTD
-1.33%
6M
-0.69%
1Y
3.94%
3Y*
2.61%
5Y*
-1.15%
10Y*
0.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

COIN vs. IBTM.L - Yearly Performance Comparison

2026 (YTD)20252024202320222021
COIN
Coinbase Global, Inc.		-28.31%-8.92%42.77%391.44%-85.98%-33.76%
IBTM.L
iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)		-1.33%8.50%-0.23%2.90%-14.92%2.36%

Correlation

The correlation between COIN and IBTM.L is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.09

Correlation (3Y)
Calculated over the trailing 3-year period

0.06

Correlation (5Y)
Calculated over the trailing 5-year period

0.08

Correlation (All Time)
Calculated using the full available price history since Apr 14, 2021

0.08

Compare stocks, funds, or ETFs

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Coinbase Global, Inc.

iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)

Often compared with COIN:
COIN vs. BTC-USDCOIN vs. MSTRCOIN vs. HOODCOIN vs. CRCLCOIN vs. CONYCOIN vs. GLXY.TOCOIN vs. SPY
Often compared with IBTM.L:
IBTM.L vs. IEFIBTM.L vs. IBTS.LIBTM.L vs. VUTA.LIBTM.L vs. VUTY.LIBTM.L vs. SGLP.LIBTM.L vs. TLTIBTM.L vs. BND

Return for Risk

COIN vs. IBTM.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
COIN
COIN Risk / Return Rank: 2323
Overall Rank
COIN Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
COIN Sortino Ratio Rank: 2222
Sortino Ratio Rank
COIN Omega Ratio Rank: 2424
Omega Ratio Rank
COIN Calmar Ratio Rank: 2323
Calmar Ratio Rank
COIN Martin Ratio Rank: 2525
Martin Ratio Rank
IBTM.L
IBTM.L Risk / Return Rank: 2424
Overall Rank
IBTM.L Sharpe Ratio Rank: 2626
Sharpe Ratio Rank
IBTM.L Sortino Ratio Rank: 2727
Sortino Ratio Rank
IBTM.L Omega Ratio Rank: 2424
Omega Ratio Rank
IBTM.L Calmar Ratio Rank: 2323
Calmar Ratio Rank
IBTM.L Martin Ratio Rank: 2121
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COIN vs. IBTM.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Coinbase Global, Inc. (COIN) and iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L). 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.

COINIBTM.LDifference
Sharpe ratioReturn per unit of total volatility
-0.51
0.69

-1.19

Sortino ratioReturn per unit of downside risk
-0.41
1.07

-1.48

Omega ratioGain probability vs. loss probability

0.95

1.12

-0.17

Calmar ratioReturn relative to maximum drawdown

-0.54

0.94

-1.48

Martin ratioReturn relative to average drawdown

-0.88

2.78

-3.67

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

COIN vs. IBTM.L - Sharpe Ratio Comparison

The current COIN Sharpe Ratio is -0.51, which is lower than the IBTM.L Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of COIN and IBTM.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

COINIBTM.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.51

0.69

-1.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.07

-0.14

+0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.09

—

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.15

0.02

-0.17

Drawdowns

COIN vs. IBTM.L - Drawdown Comparison

The maximum COIN drawdown since its inception was -90.90%, which is greater than IBTM.L's maximum drawdown of -53.26%. Use the drawdown chart below to compare losses from any high point for COIN and IBTM.L.

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Drawdown Indicators

COINIBTM.LDifference

Max Drawdown

Largest peak-to-trough decline

-90.90%

-53.26%

-37.64%

Max Drawdown (1Y)

Largest decline over 1 year

-66.39%

-4.18%

-62.21%

Max Drawdown (3Y)

Largest decline over 3 years

-66.39%

-7.61%

-58.78%

Max Drawdown (5Y)

Largest decline over 5 years

-90.90%

-21.13%

-69.77%

Max Drawdown (10Y)

Largest decline over 10 years

—

-23.64%

—

Current Drawdown

Current decline from peak

-61.38%

-21.09%

-40.29%

Average Drawdown

Average peak-to-trough decline

-49.86%

-29.36%

-20.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

40.25%

1.41%

+38.84%

Volatility

COIN vs. IBTM.L - Volatility Comparison

Coinbase Global, Inc. (COIN) has a higher volatility of 21.42% compared to iShares USD Treasury Bond 7-10yr UCITS ETF (Dist) (IBTM.L) at 1.91%. This indicates that COIN's price experiences larger fluctuations and is considered to be riskier than IBTM.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

COINIBTM.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

21.42%

1.91%

+19.51%

Volatility (6M)

Calculated over the trailing 6-month period

51.58%

4.14%

+47.44%

Volatility (1Y)

Calculated over the trailing 1-year period

70.60%

5.71%

+64.89%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

85.93%

8.51%

+77.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

85.40%

7.83%

+77.57%

Dividends

COIN vs. IBTM.L - Dividend Comparison

COIN has not paid dividends to shareholders, while IBTM.L's dividend yield for the trailing twelve months is around 4.36%.

PositionTTM20252024202320222021202020192018201720162015
COIN
Coinbase Global, Inc.		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IBTM.L
iShares USD Treasury Bond 7-10yr UCITS ETF (Dist)		4.36%4.19%3.94%3.16%1.96%1.14%1.69%2.53%2.34%2.02%1.79%1.97%

Frequently Asked Questions

COIN and IBTM.L have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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