CORZZ vs. IBIT
CORZZ (Core Scientific Inc. Tranche 2 Warrants) 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, CORZZ returned 67.27% vs -44.50% for IBIT. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
CORZZ vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CORZZ achieves a 45.53% return, which is significantly higher than IBIT's -28.22% return.
CORZZ
- 1D
- -3.29%
- 1M
- -1.03%
- 6M
- 17.43%
- YTD
- 45.53%
- 1Y
- 67.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 155.37%
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) |
|---|---|---|---|
| $162.54K | $159.83K | $552.12K | |
| $1.30B | $1.34B | $1.68B |
CORZZ vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
CORZZ Core Scientific Inc. Tranche 2 Warrants | 45.53% | 3.71% | 601.00% |
IBIT iShares Bitcoin Trust ETF | -28.22% | -6.41% | 137.68% |
Correlation
The correlation between CORZZ and IBIT is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2024 | 0.42 |
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
CORZZ vs. IBIT — Risk / Return Rank
CORZZ
IBIT
CORZZ vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Core Scientific Inc. Tranche 2 Warrants (CORZZ) 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.
| CORZZ | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.85 | ||
| Sortino ratioReturn per unit of downside risk | +3.05 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.83 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | -0.87 | +2.27 |
| Martin ratioReturn relative to average drawdown | 2.81 | -1.34 | +4.14 |
Loading charts...
Drawdowns
CORZZ vs. IBIT - Drawdown Comparison
The maximum CORZZ drawdown since its inception was -65.20%, which is greater than IBIT's maximum drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for CORZZ and IBIT.
Loading charts...
Drawdown Indicators
| CORZZ | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.20% | -53.30% | -11.90% |
Max Drawdown (1Y)Largest decline over 1 year | -40.39% | -53.30% | +12.91% |
Current DrawdownCurrent decline from peak | -27.29% | -50.01% | +22.72% |
Average DrawdownAverage peak-to-trough decline | -21.24% | -18.24% | -3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.09% | 34.66% | -14.57% |
Volatility
CORZZ vs. IBIT - Volatility Comparison
Core Scientific Inc. Tranche 2 Warrants (CORZZ) has a higher volatility of 33.46% compared to iShares Bitcoin Trust ETF (IBIT) at 9.21%. This indicates that CORZZ'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.
Loading charts...
Volatility by Period
| CORZZ | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.46% | 9.21% | +24.25% |
Volatility (6M)Calculated over the trailing 6-month period | 55.51% | 33.74% | +21.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.94% | 44.46% | +25.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 97.80% | 49.60% | +48.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 97.80% | 49.60% | +48.20% |
Dividends
CORZZ vs. IBIT - Dividend Comparison
Neither CORZZ nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
CORZZ and IBIT have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CORZZ has higher volatility (33.46%) compared to IBIT (9.21%). In terms of maximum drawdown, CORZZ dropped -65.20% vs IBIT's -53.30%.
CORZZ currently has the higher Sharpe Ratio (0.81 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.
Find the right allocation for CORZZ 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