DVY vs. IBIT
DVY (iShares Select Dividend ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - DVY is a Large Cap Value Equities fund tracking the Dow Jones U.S. Select Dividend Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, DVY returned 21.04% vs -38.74% for IBIT. At a 0.26 correlation, their price movements are largely independent. DVY charges 0.39%/yr vs 0.25%/yr for IBIT.
Performance
DVY vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, DVY achieves a 9.70% return, which is significantly higher than IBIT's -25.48% return.
DVY
- 1D
- -0.76%
- 1M
- 0.05%
- YTD
- 9.70%
- 6M
- 10.36%
- 1Y
- 21.04%
- 3Y*
- 15.52%
- 5Y*
- 8.51%
- 10Y*
- 10.13%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DVY vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DVY iShares Select Dividend ETF | 9.70% | 11.60% | 17.00% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between DVY and IBIT is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.26 |
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Return for Risk
DVY vs. IBIT — Risk / Return Rank
DVY
IBIT
DVY vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Select Dividend ETF (DVY) 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.
| DVY | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.79 | ||
| Sortino ratioReturn per unit of downside risk | +4.02 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.86 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 3.07 | -0.79 | +3.85 |
| Martin ratioReturn relative to average drawdown | 10.83 | -1.36 | +12.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| DVY | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.90 | -0.89 | +2.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.30 | +0.18 |
Drawdowns
DVY vs. IBIT - Drawdown Comparison
The maximum DVY drawdown since its inception was -62.59%, which is greater than IBIT's maximum drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for DVY and IBIT.
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Drawdown Indicators
| DVY | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.59% | -49.36% | -13.23% |
Max Drawdown (1Y)Largest decline over 1 year | -6.89% | -49.36% | +42.47% |
Max Drawdown (3Y)Largest decline over 3 years | -16.00% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.54% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -41.59% | — | — |
Current DrawdownCurrent decline from peak | -1.96% | -48.10% | +46.14% |
Average DrawdownAverage peak-to-trough decline | -8.79% | -16.02% | +7.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 28.44% | -26.49% |
Volatility
DVY vs. IBIT - Volatility Comparison
The current volatility for iShares Select Dividend ETF (DVY) is 2.79%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that DVY experiences smaller price fluctuations and is considered to be less risky 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
| DVY | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.79% | 9.50% | -6.71% |
Volatility (6M)Calculated over the trailing 6-month period | 7.56% | 34.44% | -26.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.14% | 43.73% | -32.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.20% | 50.19% | -34.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.01% | 50.19% | -32.18% |
DVY vs. IBIT - Expense Ratio Comparison
DVY has a 0.39% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
DVY vs. IBIT - Dividend Comparison
DVY's dividend yield for the trailing twelve months is around 3.41%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVY iShares Select Dividend ETF | 3.41% | 3.65% | 3.65% | 3.82% | 3.43% | 3.12% | 3.66% | 3.41% | 3.58% | 3.00% | 3.04% | 3.45% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DVY and IBIT have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (9.50%) compared to DVY (2.79%). In terms of maximum drawdown, DVY dropped -62.59% vs IBIT's -49.36%.
On 1-year performance, DVY leads with 21.04% vs -38.74% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, DVY has been the lower-risk option at 2.79%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DVY has performed better with a 21.04% return vs -38.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.39% for DVY.
DVY has the higher dividend yield at 3.41%, compared with 0.00% for IBIT.
DVY is categorized as Large Cap Value Equities, while IBIT is Cryptocurrency. DVY tracks Dow Jones U.S. Select Dividend Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.39% for DVY and 0.25% for IBIT.
DVY currently has the higher Sharpe Ratio (1.90 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.
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