EPHE vs. IBIT
EPHE (iShares MSCI Philippines ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - EPHE is a Asia Pacific Equities fund tracking the MSCI Philippines 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, EPHE returned -9.52% vs -38.74% for IBIT. At a 0.16 correlation, their price movements are largely independent. EPHE charges 0.59%/yr vs 0.25%/yr for IBIT.
Performance
EPHE vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, EPHE achieves a -1.12% return, which is significantly higher than IBIT's -25.48% return.
EPHE
- 1D
- 0.24%
- 1M
- 1.36%
- YTD
- -1.12%
- 6M
- 0.64%
- 1Y
- -9.52%
- 3Y*
- 0.24%
- 5Y*
- -3.12%
- 10Y*
- -3.20%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EPHE vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EPHE iShares MSCI Philippines ETF | -1.12% | 1.56% | -2.39% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between EPHE and IBIT is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.16 |
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Return for Risk
EPHE vs. IBIT — Risk / Return Rank
EPHE
IBIT
EPHE vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Philippines ETF (EPHE) 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.
| EPHE | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.38 | ||
| Sortino ratioReturn per unit of downside risk | +0.60 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 0.86 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | -0.79 | +0.20 |
| Martin ratioReturn relative to average drawdown | -1.05 | -1.36 | +0.31 |
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
| EPHE | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.51 | -0.89 | +0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.17 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.14 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.05 | 0.30 | -0.25 |
Drawdowns
EPHE vs. IBIT - Drawdown Comparison
The maximum EPHE drawdown since its inception was -53.82%, which is greater than IBIT's maximum drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for EPHE and IBIT.
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Drawdown Indicators
| EPHE | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.82% | -49.36% | -4.46% |
Max Drawdown (1Y)Largest decline over 1 year | -16.22% | -49.36% | +33.14% |
Max Drawdown (3Y)Largest decline over 3 years | -21.42% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -32.96% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -51.62% | — | — |
Current DrawdownCurrent decline from peak | -34.62% | -48.10% | +13.48% |
Average DrawdownAverage peak-to-trough decline | -20.98% | -16.02% | -4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.08% | 28.44% | -19.36% |
Volatility
EPHE vs. IBIT - Volatility Comparison
The current volatility for iShares MSCI Philippines ETF (EPHE) is 5.60%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that EPHE 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
| EPHE | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 9.50% | -3.90% |
Volatility (6M)Calculated over the trailing 6-month period | 13.77% | 34.44% | -20.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.87% | 43.73% | -24.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.05% | 50.19% | -32.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.24% | 50.19% | -27.95% |
EPHE vs. IBIT - Expense Ratio Comparison
EPHE has a 0.59% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
EPHE vs. IBIT - Dividend Comparison
EPHE's dividend yield for the trailing twelve months is around 2.13%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EPHE iShares MSCI Philippines ETF | 2.13% | 2.11% | 2.32% | 2.01% | 1.73% | 1.05% | 0.72% | 0.78% | 0.45% | 0.36% | 0.71% | 1.03% |
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
EPHE and IBIT have a correlation of 0.11, 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 EPHE (5.60%). In terms of maximum drawdown, EPHE dropped -53.82% vs IBIT's -49.36%.
On 1-year performance, EPHE leads with -9.52% vs -38.74% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, EPHE has been the lower-risk option at 5.60%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EPHE has performed better with a -9.52% 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 EPHE.
EPHE has the higher dividend yield at 2.13%, compared with 0.00% for IBIT.
EPHE is categorized as Asia Pacific Equities, while IBIT is Cryptocurrency. EPHE tracks MSCI Philippines Investable Market Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.59% for EPHE and 0.25% for IBIT.
EPHE currently has the higher Sharpe Ratio (-0.51 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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