GLSI vs. IBIT
GLSI (Greenwich LifeSciences, Inc.) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, GLSI returned 154.35% vs -38.74% for IBIT. At a 0.24 correlation, their price movements are largely independent.
Performance
GLSI vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLSI achieves a 15.61% return, which is significantly higher than IBIT's -25.48% return.
GLSI
- 1D
- 0.00%
- 1M
- 10.51%
- YTD
- 15.61%
- 6M
- 188.82%
- 1Y
- 154.35%
- 3Y*
- 30.34%
- 5Y*
- -9.06%
- 10Y*
- —
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLSI vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GLSI Greenwich LifeSciences, Inc. | 15.61% | 87.09% | 21.54% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between GLSI and IBIT is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.24 |
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
GLSI vs. IBIT — Risk / Return Rank
GLSI
IBIT
GLSI vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Greenwich LifeSciences, Inc. (GLSI) 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.
| GLSI | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.57 | ||
| Sortino ratioReturn per unit of downside risk | +3.66 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.86 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 4.18 | -0.79 | +4.97 |
| Martin ratioReturn relative to average drawdown | 7.83 | -1.36 | +9.19 |
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
| GLSI | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | -0.89 | +2.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.30 | -0.22 |
Drawdowns
GLSI vs. IBIT - Drawdown Comparison
The maximum GLSI drawdown since its inception was -90.11%, which is greater than IBIT's maximum drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for GLSI and IBIT.
Loading charts...
Drawdown Indicators
| GLSI | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.11% | -49.36% | -40.75% |
Max Drawdown (1Y)Largest decline over 1 year | -37.15% | -49.36% | +12.21% |
Max Drawdown (3Y)Largest decline over 3 years | -61.37% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -84.90% | — | — |
Current DrawdownCurrent decline from peak | -66.37% | -48.10% | -18.27% |
Average DrawdownAverage peak-to-trough decline | -72.51% | -16.02% | -56.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.79% | 28.44% | -8.65% |
Volatility
GLSI vs. IBIT - Volatility Comparison
Greenwich LifeSciences, Inc. (GLSI) has a higher volatility of 25.00% compared to iShares Bitcoin Trust ETF (IBIT) at 9.50%. This indicates that GLSI's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLSI | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.00% | 9.50% | +15.50% |
Volatility (6M)Calculated over the trailing 6-month period | 82.46% | 34.44% | +48.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.50% | 43.73% | +48.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.76% | 50.19% | +28.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 428.58% | 50.19% | +378.39% |
Dividends
GLSI vs. IBIT - Dividend Comparison
Neither GLSI nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
GLSI and IBIT have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLSI has higher volatility (25.00%) compared to IBIT (9.50%). In terms of maximum drawdown, GLSI dropped -90.11% vs IBIT's -49.36%.
GLSI currently has the higher Sharpe Ratio (1.68 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 GLSI 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