GLOF vs. IBIT
GLOF (iShares Global Equity Factor ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - GLOF is a Global Equities fund tracking the STOXX Global Equity Factor 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, GLOF returned 30.42% vs -38.74% for IBIT. At a 0.39 correlation, their price movements are largely independent. GLOF charges 0.20%/yr vs 0.25%/yr for IBIT.
Performance
GLOF vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, GLOF achieves a 13.19% return, which is significantly higher than IBIT's -25.48% return.
GLOF
- 1D
- -0.77%
- 1M
- 5.15%
- YTD
- 13.19%
- 6M
- 14.18%
- 1Y
- 30.42%
- 3Y*
- 22.67%
- 5Y*
- 11.56%
- 10Y*
- 12.29%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLOF vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GLOF iShares Global Equity Factor ETF | 13.19% | 23.92% | 16.91% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between GLOF and IBIT is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.39 |
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Return for Risk
GLOF vs. IBIT — Risk / Return Rank
GLOF
IBIT
GLOF vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Equity Factor ETF (GLOF) 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.
| GLOF | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.32 | ||
| Sortino ratioReturn per unit of downside risk | +4.64 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 0.86 | +0.57 |
| Calmar ratioReturn relative to maximum drawdown | 3.38 | -0.79 | +4.16 |
| Martin ratioReturn relative to average drawdown | 15.08 | -1.36 | +16.44 |
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
| GLOF | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.43 | -0.89 | +3.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.30 | +0.30 |
Drawdowns
GLOF vs. IBIT - Drawdown Comparison
The maximum GLOF drawdown since its inception was -34.12%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for GLOF and IBIT.
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Drawdown Indicators
| GLOF | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.12% | -49.36% | +15.24% |
Max Drawdown (1Y)Largest decline over 1 year | -9.05% | -49.36% | +40.31% |
Max Drawdown (3Y)Largest decline over 3 years | -16.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.15% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.12% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | -48.10% | +47.33% |
Average DrawdownAverage peak-to-trough decline | -6.12% | -16.02% | +9.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 28.44% | -26.42% |
Volatility
GLOF vs. IBIT - Volatility Comparison
The current volatility for iShares Global Equity Factor ETF (GLOF) is 3.65%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that GLOF 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
| GLOF | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.65% | 9.50% | -5.85% |
Volatility (6M)Calculated over the trailing 6-month period | 10.10% | 34.44% | -24.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.57% | 43.73% | -31.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.69% | 50.19% | -34.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.17% | 50.19% | -33.02% |
GLOF vs. IBIT - Expense Ratio Comparison
GLOF has a 0.20% 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
GLOF vs. IBIT - Dividend Comparison
GLOF's dividend yield for the trailing twelve months is around 1.50%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLOF iShares Global Equity Factor ETF | 1.50% | 1.70% | 2.59% | 2.51% | 2.53% | 1.90% | 1.73% | 2.41% | 2.03% | 1.94% | 1.94% | 0.92% |
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
GLOF and IBIT have a correlation of 0.44, 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 GLOF (3.65%). In terms of maximum drawdown, GLOF dropped -34.12% vs IBIT's -49.36%.
On 1-year performance, GLOF leads with 30.42% vs -38.74% for IBIT. On fees, GLOF is cheaper at 0.20% per year. On volatility, GLOF has been the lower-risk option at 3.65%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GLOF has performed better with a 30.42% return vs -38.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GLOF is cheaper with a 0.20% expense ratio, compared with 0.25% for IBIT.
GLOF has the higher dividend yield at 1.50%, compared with 0.00% for IBIT.
GLOF is categorized as Global Equities, while IBIT is Cryptocurrency. GLOF tracks STOXX Global Equity Factor Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.20% for GLOF and 0.25% for IBIT.
GLOF currently has the higher Sharpe Ratio (2.43 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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