DVYE vs. IBIT
DVYE (iShares Emerging Markets Dividend ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - DVYE is a Emerging Markets Equities fund tracking the Dow Jones Emerging Markets 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, DVYE returned 28.60% vs -39.60% for IBIT. At a 0.29 correlation, their price movements are largely independent. DVYE charges 0.49%/yr vs 0.25%/yr for IBIT.
Performance
DVYE vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DVYE achieves a 10.74% return, which is significantly higher than IBIT's -27.45% return.
DVYE
- 1D
- 0.23%
- 1M
- -2.08%
- YTD
- 10.74%
- 6M
- 11.14%
- 1Y
- 28.60%
- 3Y*
- 22.07%
- 5Y*
- 4.84%
- 10Y*
- 7.81%
IBIT
- 1D
- -2.65%
- 1M
- -22.17%
- YTD
- -27.45%
- 6M
- -31.40%
- 1Y
- -39.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DVYE vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DVYE iShares Emerging Markets Dividend ETF | 10.74% | 28.36% | 10.86% |
IBIT iShares Bitcoin Trust ETF | -27.45% | -6.41% | 99.21% |
Correlation
The correlation between DVYE and IBIT is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.29 |
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
DVYE vs. IBIT — Risk / Return Rank
DVYE
IBIT
DVYE vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Emerging Markets Dividend ETF (DVYE) 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.
| DVYE | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.91 | ||
| Sortino ratioReturn per unit of downside risk | +3.98 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 0.86 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 4.42 | -0.80 | +5.23 |
| Martin ratioReturn relative to average drawdown | 12.61 | -1.39 | +13.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DVYE | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.01 | -0.91 | +2.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.27 | -0.11 |
Drawdowns
DVYE vs. IBIT - Drawdown Comparison
The maximum DVYE drawdown since its inception was -47.42%, roughly equal to the maximum IBIT drawdown of -49.47%. Use the drawdown chart below to compare losses from any high point for DVYE and IBIT.
Loading charts...
Drawdown Indicators
| DVYE | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.42% | -49.47% | +2.05% |
Max Drawdown (1Y)Largest decline over 1 year | -6.49% | -49.47% | +42.98% |
Max Drawdown (3Y)Largest decline over 3 years | -14.63% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.89% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.89% | — | — |
Current DrawdownCurrent decline from peak | -3.83% | -49.47% | +45.64% |
Average DrawdownAverage peak-to-trough decline | -15.37% | -16.07% | +0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 28.61% | -26.34% |
Volatility
DVYE vs. IBIT - Volatility Comparison
The current volatility for iShares Emerging Markets Dividend ETF (DVYE) is 5.48%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.14%. This indicates that DVYE 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.
Loading charts...
Volatility by Period
| DVYE | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.48% | 9.14% | -3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 11.61% | 33.89% | -22.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.32% | 43.76% | -29.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.99% | 50.18% | -33.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.39% | 50.18% | -31.79% |
DVYE vs. IBIT - Expense Ratio Comparison
DVYE has a 0.49% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
DVYE vs. IBIT - Dividend Comparison
DVYE's dividend yield for the trailing twelve months is around 5.11%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVYE iShares Emerging Markets Dividend ETF | 5.11% | 5.88% | 11.81% | 9.05% | 9.89% | 7.31% | 5.27% | 5.97% | 5.69% | 4.81% | 4.56% | 6.53% |
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
DVYE and IBIT 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.
IBIT has higher volatility (9.14%) compared to DVYE (5.48%). In terms of maximum drawdown, DVYE dropped -47.42% vs IBIT's -49.47%.
On 1-year performance, DVYE leads with 28.60% vs -39.60% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, DVYE has been the lower-risk option at 5.48%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DVYE has performed better with a 28.60% return vs -39.60%. 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 0.49% for DVYE.
DVYE has the higher dividend yield at 5.11%, compared with 0.00% for IBIT.
DVYE is categorized as Emerging Markets Equities, while IBIT is Cryptocurrency. DVYE tracks Dow Jones Emerging Markets Select Dividend Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.49% for DVYE and 0.25% for IBIT.
DVYE currently has the higher Sharpe Ratio (2.01 vs -0.91), 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 DVYE 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