EIDO vs. IBIT
EIDO (iShares MSCI Indonesia ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - EIDO is a Indonesia Equities fund tracking the MSCI Indonesia 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, EIDO returned -27.16% vs -43.69% for IBIT. Their 0.20 correlation means their historical movements had little consistent relationship. EIDO charges 0.59%/yr vs 0.25%/yr for IBIT.
Performance
EIDO vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, EIDO achieves a -32.06% return, which is significantly lower than IBIT's -27.17% return.
EIDO
- 1D
- 0.81%
- 1M
- 8.91%
- 6M
- -27.03%
- YTD
- -32.06%
- 1Y
- -27.16%
- 3Y*
- -15.44%
- 5Y*
- -6.41%
- 10Y*
- -5.01%
- ALL TIME*
- -1.53%
IBIT
- 1D
- 1.46%
- 1M
- 3.70%
- 6M
- -18.23%
- YTD
- -27.17%
- 1Y
- -43.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $13.59M | $15.49M | $20.66M | |
| $1.33B | $1.34B | $1.65B |
EIDO vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EIDO iShares MSCI Indonesia ETF | -32.06% | 4.90% | -13.02% |
IBIT iShares Bitcoin Trust ETF | -27.17% | -6.41% | 89.87% |
Correlation
The correlation between EIDO and IBIT is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.20 |
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Return for Risk
EIDO vs. IBIT — Risk / Return Rank
EIDO
IBIT
EIDO vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Indonesia ETF (EIDO) 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.
| EIDO | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 0.84 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | -0.82 | +0.20 |
| Martin ratioReturn relative to average drawdown | -1.44 | -1.26 | -0.18 |
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Drawdowns
EIDO vs. IBIT - Drawdown Comparison
The maximum EIDO drawdown since its inception was -63.21%, which is greater than IBIT's maximum drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for EIDO and IBIT.
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Drawdown Indicators
| EIDO | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.21% | -53.30% | -9.91% |
Max Drawdown (1Y)Largest decline over 1 year | -43.81% | -53.30% | +9.49% |
Max Drawdown (3Y)Largest decline over 3 years | -51.77% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -51.77% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -59.41% | — | — |
Current DrawdownCurrent decline from peak | -53.63% | -49.28% | -4.35% |
Average DrawdownAverage peak-to-trough decline | -24.93% | -18.29% | -6.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.87% | 34.80% | -15.93% |
Volatility
EIDO vs. IBIT - Volatility Comparison
The current volatility for iShares MSCI Indonesia ETF (EIDO) is 6.67%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 8.98%. This indicates that EIDO 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
| EIDO | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.67% | 8.98% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 21.33% | 33.79% | -12.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.27% | 44.48% | -18.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.69% | 49.57% | -28.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.02% | 49.57% | -24.55% |
EIDO vs. IBIT - Expense Ratio Comparison
EIDO has a 0.59% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
EIDO vs. IBIT - Dividend Comparison
EIDO's dividend yield for the trailing twelve months is around 3.28%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EIDO iShares MSCI Indonesia ETF | 3.28% | 3.56% | 5.20% | 2.94% | 2.53% | 1.33% | 1.51% | 1.78% | 1.99% | 1.26% | 1.16% | 1.67% |
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
EIDO and IBIT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (8.98%) compared to EIDO (6.67%). In terms of maximum drawdown, EIDO dropped -63.21% vs IBIT's -53.30%.
On 1-year performance, EIDO leads with -27.16% vs -43.69% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, EIDO has been the lower-risk option at 6.67%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EIDO has performed better with a -27.16% return vs -43.69%. 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 EIDO.
EIDO has the higher dividend yield at 3.28%, compared with 0.00% for IBIT.
EIDO is categorized as Indonesia Equities, while IBIT is Cryptocurrency. EIDO tracks MSCI Indonesia Investable Market Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.59% for EIDO and 0.25% for IBIT.
IBIT currently has the higher Sharpe Ratio (-0.99 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.
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