EUIG vs. IBIT

Last updated Jun 4, 2026

EUIG (iShares Euro Investment Grade Corporate Bond USD Hedged ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - EUIG is a European Corporate Bonds fund tracking the BBG Euro Corporate Index, 100% USD Hedged, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. At a 0.17 correlation, their price movements are largely independent. EUIG charges 0.18%/yr vs 0.25%/yr for IBIT.

Performance

EUIG vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Euro Investment Grade Corporate Bond USD Hedged ETF (EUIG) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EUIG achieves a 1.18% return, which is significantly higher than IBIT's -25.48% return.

EUIG

• 1D: 0.03%
• 1M: 0.90%
• YTD: 1.18%
• 6M: 1.23%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIT

• 1D: -2.76%
• 1M: -18.50%
• YTD: -25.48%
• 6M: -29.84%
• 1Y: -38.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EUIG vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025
EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF	1.18%	-0.10%
IBIT iShares Bitcoin Trust ETF	-25.48%	-13.29%

Correlation

The correlation between EUIG and IBIT is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 7, 2025	0.17

Return for Risk

EUIG vs. IBIT — Risk / Return Rank

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

IBIT

IBIT Risk / Return Rank: 2
IBIT Sharpe Ratio Rank: 2
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.

EUIG vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Euro Investment Grade Corporate Bond USD Hedged ETF (EUIG) 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.

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

Sharpe Ratios by Period

	EUIG	IBIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.62	0.30	+0.33

Drawdowns

EUIG vs. IBIT - Drawdown Comparison

The maximum EUIG drawdown since its inception was -2.32%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for EUIG and IBIT.

Drawdown Indicators

	EUIG	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-2.32%	-49.36%	+47.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.36%	—
Current Drawdown Current decline from peak	-0.30%	-48.10%	+47.80%
Average Drawdown Average peak-to-trough decline	-0.57%	-16.02%	+15.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.44%	—

Volatility

Volatility by Period

	EUIG	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.07%	43.73%	-40.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.07%	50.19%	-47.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.07%	50.19%	-47.12%

EUIG vs. IBIT - Expense Ratio Comparison

EUIG 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

EUIG vs. IBIT - Dividend Comparison

EUIG's dividend yield for the trailing twelve months is around 1.60%, while IBIT has not paid dividends to shareholders.

Position	TTM	2025
EUIG iShares Euro Investment Grade Corporate Bond USD Hedged ETF	1.60%	0.43%
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both EUIG and IBIT in my portfolio?

EUIG and IBIT have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EUIG or IBIT?

On fees, EUIG is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EUIG or IBIT?

EUIG is cheaper with a 0.18% expense ratio, compared with 0.25% for IBIT.

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

EUIG has the higher dividend yield at 1.60%, compared with 0.00% for IBIT.

What is the main difference between EUIG and IBIT?

EUIG is categorized as European Corporate Bonds, while IBIT is Cryptocurrency. EUIG tracks BBG Euro Corporate Index, 100% USD Hedged, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.18% for EUIG and 0.25% for IBIT.