EUSA vs. IBIT
EUSA (iShares MSCI USA Equal Weighted ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - EUSA is a Mid Cap Blend Equities fund tracking the MSCI USA Equal Weighted 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, EUSA returned 19.17% vs -39.60% for IBIT. At a 0.39 correlation, their price movements are largely independent. EUSA charges 0.09%/yr vs 0.25%/yr for IBIT.
Performance
EUSA vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, EUSA achieves a 10.04% return, which is significantly higher than IBIT's -27.45% return.
EUSA
- 1D
- 0.81%
- 1M
- 3.88%
- YTD
- 10.04%
- 6M
- 10.00%
- 1Y
- 19.17%
- 3Y*
- 16.37%
- 5Y*
- 7.90%
- 10Y*
- 11.57%
IBIT
- 1D
- -2.65%
- 1M
- -22.17%
- YTD
- -27.45%
- 6M
- -31.40%
- 1Y
- -39.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EUSA vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EUSA iShares MSCI USA Equal Weighted ETF | 10.04% | 10.24% | 16.05% |
IBIT iShares Bitcoin Trust ETF | -27.45% | -6.41% | 99.21% |
Correlation
The correlation between EUSA and IBIT is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.39 |
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Return for Risk
EUSA vs. IBIT — Risk / Return Rank
EUSA
IBIT
EUSA vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Equal Weighted ETF (EUSA) 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.
| EUSA | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.54 | ||
| Sortino ratioReturn per unit of downside risk | +3.63 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.86 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | -0.80 | +3.26 |
| Martin ratioReturn relative to average drawdown | 9.76 | -1.39 | +11.14 |
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
| EUSA | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.63 | -0.91 | +2.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.27 | +0.44 |
Drawdowns
EUSA vs. IBIT - Drawdown Comparison
The maximum EUSA drawdown since its inception was -39.16%, smaller than the maximum IBIT drawdown of -49.47%. Use the drawdown chart below to compare losses from any high point for EUSA and IBIT.
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Drawdown Indicators
| EUSA | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.16% | -49.47% | +10.31% |
Max Drawdown (1Y)Largest decline over 1 year | -7.82% | -49.47% | +41.65% |
Max Drawdown (3Y)Largest decline over 3 years | -18.20% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.24% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -39.16% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -49.47% | +49.47% |
Average DrawdownAverage peak-to-trough decline | -4.59% | -16.07% | +11.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 28.61% | -26.64% |
Volatility
EUSA vs. IBIT - Volatility Comparison
The current volatility for iShares MSCI USA Equal Weighted ETF (EUSA) is 2.93%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.14%. This indicates that EUSA 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
| EUSA | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.93% | 9.14% | -6.21% |
Volatility (6M)Calculated over the trailing 6-month period | 8.75% | 33.89% | -25.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.80% | 43.76% | -31.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.95% | 50.18% | -33.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.34% | 50.18% | -31.84% |
EUSA vs. IBIT - Expense Ratio Comparison
EUSA has a 0.09% 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
EUSA vs. IBIT - Dividend Comparison
EUSA's dividend yield for the trailing twelve months is around 1.51%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUSA iShares MSCI USA Equal Weighted ETF | 1.51% | 1.63% | 1.47% | 1.53% | 1.73% | 1.23% | 1.45% | 1.49% | 2.01% | 1.50% | 1.59% | 2.21% |
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
EUSA and IBIT have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (9.14%) compared to EUSA (2.93%). In terms of maximum drawdown, EUSA dropped -39.16% vs IBIT's -49.47%.
On 1-year performance, EUSA leads with 19.17% vs -39.60% for IBIT. On fees, EUSA is cheaper at 0.09% per year. On volatility, EUSA has been the lower-risk option at 2.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, EUSA has performed better with a 19.17% return vs -39.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EUSA is cheaper with a 0.09% expense ratio, compared with 0.25% for IBIT.
EUSA has the higher dividend yield at 1.51%, compared with 0.00% for IBIT.
EUSA is categorized as Mid Cap Blend Equities, while IBIT is Cryptocurrency. EUSA tracks MSCI USA Equal Weighted Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.09% for EUSA and 0.25% for IBIT.
EUSA currently has the higher Sharpe Ratio (1.63 vs -0.91), 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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