ECH vs. IBIT
ECH (iShares MSCI Chile ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - ECH is a Foreign Large Cap Equities fund tracking the MSCI Chile Investable Market 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, ECH returned 29.60% vs -38.74% for IBIT. At a 0.27 correlation, their price movements are largely independent. ECH charges 0.59%/yr vs 0.25%/yr for IBIT.
Performance
ECH vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, ECH achieves a -1.19% return, which is significantly higher than IBIT's -25.48% return.
ECH
- 1D
- -1.65%
- 1M
- -0.47%
- YTD
- -1.19%
- 6M
- 3.73%
- 1Y
- 29.60%
- 3Y*
- 14.12%
- 5Y*
- 10.98%
- 10Y*
- 4.25%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ECH vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ECH iShares MSCI Chile ETF | -1.19% | 65.41% | -1.66% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between ECH and IBIT is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.27 |
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Return for Risk
ECH vs. IBIT — Risk / Return Rank
ECH
IBIT
ECH vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Chile ETF (ECH) 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.
| ECH | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.09 | ||
| Sortino ratioReturn per unit of downside risk | +2.92 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.86 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | -0.79 | +2.30 |
| Martin ratioReturn relative to average drawdown | 3.82 | -1.36 | +5.19 |
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
| ECH | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | -0.89 | +2.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.30 | -0.24 |
Drawdowns
ECH vs. IBIT - Drawdown Comparison
The maximum ECH drawdown since its inception was -74.08%, which is greater than IBIT's maximum drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for ECH and IBIT.
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Drawdown Indicators
| ECH | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.08% | -49.36% | -24.72% |
Max Drawdown (1Y)Largest decline over 1 year | -19.65% | -49.36% | +29.71% |
Max Drawdown (3Y)Largest decline over 3 years | -25.59% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -66.89% | — | — |
Current DrawdownCurrent decline from peak | -26.58% | -48.10% | +21.52% |
Average DrawdownAverage peak-to-trough decline | -37.52% | -16.02% | -21.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.76% | 28.44% | -20.68% |
Volatility
ECH vs. IBIT - Volatility Comparison
The current volatility for iShares MSCI Chile ETF (ECH) is 7.72%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that ECH 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
| ECH | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.72% | 9.50% | -1.78% |
Volatility (6M)Calculated over the trailing 6-month period | 20.29% | 34.44% | -14.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.85% | 43.73% | -18.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.51% | 50.19% | -22.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.21% | 50.19% | -22.98% |
ECH vs. IBIT - Expense Ratio Comparison
ECH has a 0.59% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
ECH vs. IBIT - Dividend Comparison
ECH's dividend yield for the trailing twelve months is around 2.04%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ECH iShares MSCI Chile ETF | 2.04% | 2.01% | 3.12% | 4.77% | 6.73% | 5.49% | 2.16% | 2.47% | 2.37% | 1.42% | 1.85% | 2.13% |
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
ECH and IBIT have a correlation of 0.28, 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 ECH (7.72%). In terms of maximum drawdown, ECH dropped -74.08% vs IBIT's -49.36%.
On 1-year performance, ECH leads with 29.60% vs -38.74% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, ECH has been the lower-risk option at 7.72%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ECH has performed better with a 29.60% 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 0.59% for ECH.
ECH has the higher dividend yield at 2.04%, compared with 0.00% for IBIT.
ECH is categorized as Foreign Large Cap Equities, while IBIT is Cryptocurrency. ECH tracks MSCI Chile Investable Market Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.59% for ECH and 0.25% for IBIT.
ECH currently has the higher Sharpe Ratio (1.20 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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