DWUS vs. IBIT
DWUS (AdvisorShares Dorsey Wright FSM US Core ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - DWUS is a Diversified Portfolio fund actively managed by AdvisorShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. DWUS is actively managed, while IBIT is passively managed. Over the past year, DWUS returned 20.28% vs -41.92% for IBIT. At a 0.39 correlation, their price movements are largely independent. DWUS charges 1.17%/yr vs 0.25%/yr for IBIT.
Performance
DWUS vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, DWUS achieves a 12.62% return, which is significantly higher than IBIT's -27.25% return.
DWUS
- 1D
- 1.51%
- 1M
- 3.61%
- 6M
- 11.28%
- YTD
- 12.62%
- 1Y
- 20.28%
- 3Y*
- 18.96%
- 5Y*
- 10.64%
- 10Y*
- —
IBIT
- 1D
- 3.58%
- 1M
- 5.80%
- 6M
- -32.44%
- YTD
- -27.25%
- 1Y
- -41.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DWUS vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
DWUS AdvisorShares Dorsey Wright FSM US Core ETF | 12.62% | 12.75% | 20.21% |
IBIT iShares Bitcoin Trust ETF | -27.25% | -6.41% | 89.87% |
Correlation
The correlation between DWUS and IBIT is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.39 |
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Return for Risk
DWUS vs. IBIT — Risk / Return Rank
DWUS
IBIT
DWUS vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) 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.
| DWUS | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.02 | ||
| Sortino ratioReturn per unit of downside risk | +2.86 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.85 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | -0.79 | +2.49 |
| Martin ratioReturn relative to average drawdown | 6.11 | -1.31 | +7.42 |
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Drawdowns
DWUS vs. IBIT - Drawdown Comparison
The maximum DWUS drawdown since its inception was -30.47%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for DWUS and IBIT.
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Drawdown Indicators
| DWUS | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.47% | -53.30% | +22.83% |
Max Drawdown (1Y)Largest decline over 1 year | -11.98% | -53.30% | +41.32% |
Max Drawdown (3Y)Largest decline over 3 years | -19.63% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.45% | — | — |
Current DrawdownCurrent decline from peak | -4.51% | -49.33% | +44.82% |
Average DrawdownAverage peak-to-trough decline | -6.81% | -17.30% | +10.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.33% | 31.95% | -28.62% |
Volatility
DWUS vs. IBIT - Volatility Comparison
The current volatility for AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) is 11.61%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.47%. This indicates that DWUS 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
| DWUS | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.61% | 13.47% | -1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 16.33% | 35.10% | -18.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.97% | 44.56% | -25.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.34% | 50.10% | -30.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.49% | 50.10% | -27.61% |
DWUS vs. IBIT - Expense Ratio Comparison
DWUS has a 1.17% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
DWUS vs. IBIT - Dividend Comparison
DWUS's dividend yield for the trailing twelve months is around 0.03%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
DWUS AdvisorShares Dorsey Wright FSM US Core ETF | 0.03% | 0.03% | 0.18% | 0.29% | 0.89% | 0.35% | 0.08% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DWUS and IBIT have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (13.47%) compared to DWUS (11.61%). In terms of maximum drawdown, DWUS dropped -30.47% vs IBIT's -53.30%.
On 1-year performance, DWUS leads with 20.28% vs -41.92% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, DWUS has been the lower-risk option at 11.61%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DWUS has performed better with a 20.28% return vs -41.92%. 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 1.17% for DWUS.
DWUS has the higher dividend yield at 0.03%, compared with 0.00% for IBIT.
DWUS is categorized as Diversified Portfolio, while IBIT is Cryptocurrency. They also come from different issuers: AdvisorShares and iShares. Their fees differ too: 1.17% for DWUS and 0.25% for IBIT.
DWUS currently has the higher Sharpe Ratio (1.08 vs -0.95), 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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