ETHB vs. IBIT

Last updated Jul 12, 2026

ETHB (iShares Staked Ethereum Trust ETF) and IBIT (iShares Bitcoin Trust ETF) are both Cryptocurrency funds from iShares - ETHB tracks the CME CF Ether Dollar Reference Rate - New York Variant while IBIT tracks the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.

Performance

ETHB vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Staked Ethereum Trust ETF (ETHB) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ETHB

• 1D: 2.63%
• 1M: 6.67%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIT

• 1D: 1.17%
• 1M: 0.50%
• 6M: -29.18%
• YTD: -27.03%
• 1Y: -46.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ETHB vs. IBIT - Yearly Performance Comparison

	2026 (YTD)
ETHB iShares Staked Ethereum Trust ETF	-12.83%
IBIT iShares Bitcoin Trust ETF	-9.58%

Correlation

The correlation between ETHB and IBIT is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 12, 2026	0.93

Return for Risk

ETHB vs. IBIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ETHB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IBIT

IBIT Risk / Return Rank: 2
IBIT Sharpe Ratio Rank: 1
IBIT Sortino Ratio Rank: 2
IBIT Omega Ratio Rank: 2
IBIT Calmar Ratio Rank: 2
IBIT Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ETHB vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Staked Ethereum Trust ETF (ETHB) 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.

	ETHB	IBIT	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.99	—
Sortino ratio: Return per unit of downside risk	—	-1.45	—
Omega ratio: Gain probability vs. loss probability	—	0.84	—
Calmar ratio: Return relative to maximum drawdown	—	-0.82	—
Martin ratio: Return relative to average drawdown	—	-1.35	—

Drawdowns

ETHB vs. IBIT - Drawdown Comparison

The maximum ETHB drawdown since its inception was -35.92%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for ETHB and IBIT.

Drawdown Indicators

	ETHB	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-35.92%	-53.30%	+17.38%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.30%	—
Current Drawdown Current decline from peak	-26.18%	-49.18%	+23.00%
Average Drawdown Average peak-to-trough decline	-14.61%	-17.51%	+2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	32.56%	—

Volatility

Volatility by Period

	ETHB	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	11.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.70%	—
Volatility (1Y) Calculated over the trailing 1-year period	54.01%	44.47%	+9.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.01%	49.98%	+4.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.01%	49.98%	+4.03%

ETHB vs. IBIT - Expense Ratio Comparison

Both ETHB and IBIT have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

ETHB vs. IBIT - Dividend Comparison

ETHB's dividend yield for the trailing twelve months is around 0.21%, while IBIT has not paid dividends to shareholders.

Position	TTM
ETHB iShares Staked Ethereum Trust ETF	0.21%
IBIT iShares Bitcoin Trust ETF	0.00%

Frequently Asked Questions

Can I hold both ETHB and IBIT in my portfolio?

With a correlation of 0.93, ETHB and IBIT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, ETHB or IBIT?

Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ETHB or IBIT?

ETHB and IBIT have the same expense ratio: 0.25% per year.

Which ETF pays a higher dividend yield, ETHB or IBIT?

ETHB has the higher dividend yield at 0.21%, compared with 0.00% for IBIT.

What is the main difference between ETHB and IBIT?

ETHB tracks CME CF Ether Dollar Reference Rate - New York Variant, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant.