GOOG vs. IBIT
GOOG (Alphabet 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, GOOG returned 107.32% vs -39.44% for IBIT. At a 0.25 correlation, their price movements are largely independent.
Performance
GOOG vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, GOOG achieves a 15.25% return, which is significantly higher than IBIT's -27.71% return.
GOOG
- 1D
- -1.20%
- 1M
- -8.98%
- YTD
- 15.25%
- 6M
- 15.01%
- 1Y
- 107.32%
- 3Y*
- 43.67%
- 5Y*
- 23.94%
- 10Y*
- 26.05%
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOOG vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GOOG Alphabet Inc | 15.25% | 65.42% | 33.03% |
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 99.21% |
Correlation
The correlation between GOOG and IBIT is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.25 |
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Return for Risk
GOOG vs. IBIT — Risk / Return Rank
GOOG
IBIT
GOOG vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alphabet Inc (GOOG) 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.
| GOOG | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.66 | ||
| Sortino ratioReturn per unit of downside risk | +6.39 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 0.86 | +0.75 |
| Calmar ratioReturn relative to maximum drawdown | 5.20 | -0.76 | +5.96 |
| Martin ratioReturn relative to average drawdown | 18.68 | -1.36 | +20.04 |
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
| GOOG | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.76 | -0.90 | +4.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.26 | +0.56 |
Drawdowns
GOOG vs. IBIT - Drawdown Comparison
The maximum GOOG drawdown since its inception was -44.60%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for GOOG and IBIT.
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Drawdown Indicators
| GOOG | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.60% | -52.11% | +7.51% |
Max Drawdown (1Y)Largest decline over 1 year | -20.75% | -52.11% | +31.36% |
Max Drawdown (3Y)Largest decline over 3 years | -29.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -44.60% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.60% | — | — |
Current DrawdownCurrent decline from peak | -9.44% | -49.66% | +40.22% |
Average DrawdownAverage peak-to-trough decline | -8.89% | -16.19% | +7.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.77% | 28.97% | -23.20% |
Volatility
GOOG vs. IBIT - Volatility Comparison
The current volatility for Alphabet Inc (GOOG) is 8.43%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 11.85%. This indicates that GOOG 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
| GOOG | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.43% | 11.85% | -3.42% |
Volatility (6M)Calculated over the trailing 6-month period | 20.50% | 34.60% | -14.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.74% | 44.28% | -15.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.14% | 50.32% | -19.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.02% | 50.32% | -21.30% |
Dividends
GOOG vs. IBIT - Dividend Comparison
GOOG's dividend yield for the trailing twelve months is around 0.29%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GOOG Alphabet Inc | 0.29% | 0.26% | 0.32% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GOOG and IBIT have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (11.85%) compared to GOOG (8.43%). In terms of maximum drawdown, GOOG dropped -44.60% vs IBIT's -52.11%.
GOOG currently has the higher Sharpe Ratio (3.76 vs -0.90), 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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