ESMV vs. IBIT
ESMV (iShares ESG MSCI USA Min Vol Factor ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - ESMV is a Large Cap Blend Equities fund tracking the MSCI USA Minimum Volatility Extended ESG Reduced Carbon Target Index - Benchmark TR Gross, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, ESMV returned 6.76% vs -38.74% for IBIT. At a 0.25 correlation, their price movements are largely independent. ESMV charges 0.18%/yr vs 0.25%/yr for IBIT.
Performance
ESMV vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ESMV achieves a 5.28% return, which is significantly higher than IBIT's -25.48% return.
ESMV
- 1D
- -0.78%
- 1M
- 3.36%
- YTD
- 5.28%
- 6M
- 5.39%
- 1Y
- 6.76%
- 3Y*
- 11.27%
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ESMV vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ESMV iShares ESG MSCI USA Min Vol Factor ETF | 5.28% | 5.34% | 12.83% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between ESMV and IBIT is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.25 |
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
ESMV vs. IBIT — Risk / Return Rank
ESMV
IBIT
ESMV vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG MSCI USA Min Vol Factor ETF (ESMV) 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.
| ESMV | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.56 | ||
| Sortino ratioReturn per unit of downside risk | +2.22 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 0.86 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | -0.79 | +1.76 |
| Martin ratioReturn relative to average drawdown | 2.97 | -1.36 | +4.34 |
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
| ESMV | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | -0.89 | +1.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.30 | +0.14 |
Drawdowns
ESMV vs. IBIT - Drawdown Comparison
The maximum ESMV drawdown since its inception was -19.77%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for ESMV and IBIT.
Loading charts...
Drawdown Indicators
| ESMV | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.77% | -49.36% | +29.59% |
Max Drawdown (1Y)Largest decline over 1 year | -7.01% | -49.36% | +42.35% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | — | — |
Current DrawdownCurrent decline from peak | -0.78% | -48.10% | +47.32% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -16.02% | +10.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 28.44% | -26.16% |
Volatility
ESMV vs. IBIT - Volatility Comparison
The current volatility for iShares ESG MSCI USA Min Vol Factor ETF (ESMV) is 2.25%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that ESMV 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
| ESMV | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.25% | 9.50% | -7.25% |
Volatility (6M)Calculated over the trailing 6-month period | 6.26% | 34.44% | -28.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.06% | 43.73% | -33.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.24% | 50.19% | -36.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.24% | 50.19% | -36.95% |
ESMV vs. IBIT - Expense Ratio Comparison
ESMV has a 0.18% expense ratio, which is lower than IBIT's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ESMV vs. IBIT - Dividend Comparison
ESMV's dividend yield for the trailing twelve months is around 1.58%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ESMV iShares ESG MSCI USA Min Vol Factor ETF | 1.58% | 1.56% | 1.71% | 1.75% | 1.66% | 0.24% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ESMV and IBIT have a correlation of 0.25, 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 ESMV (2.25%). In terms of maximum drawdown, ESMV dropped -19.77% vs IBIT's -49.36%.
On 1-year performance, ESMV leads with 6.76% vs -38.74% for IBIT. On fees, ESMV is cheaper at 0.18% per year. On volatility, ESMV has been the lower-risk option at 2.25%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ESMV has performed better with a 6.76% return vs -38.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ESMV is cheaper with a 0.18% expense ratio, compared with 0.25% for IBIT.
ESMV has the higher dividend yield at 1.58%, compared with 0.00% for IBIT.
ESMV is categorized as Large Cap Blend Equities, while IBIT is Cryptocurrency. ESMV tracks MSCI USA Minimum Volatility Extended ESG Reduced Carbon Target Index - Benchmark TR Gross, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.18% for ESMV and 0.25% for IBIT.
ESMV currently has the higher Sharpe Ratio (0.67 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.
Find the right allocation for ESMV 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