HEI vs. IBIT
HEI (HEICO Corporation) 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, HEI returned 6.72% vs -39.44% for IBIT. At a 0.17 correlation, their price movements are largely independent.
Performance
HEI vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, HEI achieves a 0.01% return, which is significantly higher than IBIT's -27.71% return.
HEI
- 1D
- -2.39%
- 1M
- 10.59%
- YTD
- 0.01%
- 6M
- 2.87%
- 1Y
- 6.72%
- 3Y*
- 25.63%
- 5Y*
- 17.50%
- 10Y*
- 25.42%
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HEI vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
HEI HEICO Corporation | 0.01% | 36.22% | 37.91% |
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 99.21% |
Correlation
The correlation between HEI and IBIT is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.17 |
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Return for Risk
HEI vs. IBIT — Risk / Return Rank
HEI
IBIT
HEI vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for HEICO Corporation (HEI) 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.
| HEI | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 0.86 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.25 | -0.76 | +1.01 |
| Martin ratioReturn relative to average drawdown | 0.60 | -1.36 | +1.97 |
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
| HEI | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.21 | -0.90 | +1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.26 | +0.25 |
Drawdowns
HEI vs. IBIT - Drawdown Comparison
The maximum HEI drawdown since its inception was -75.50%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for HEI and IBIT.
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Drawdown Indicators
| HEI | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.50% | -52.11% | -23.39% |
Max Drawdown (1Y)Largest decline over 1 year | -27.11% | -52.11% | +25.00% |
Max Drawdown (3Y)Largest decline over 3 years | -27.11% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.11% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -57.73% | — | — |
Current DrawdownCurrent decline from peak | -9.65% | -49.66% | +40.01% |
Average DrawdownAverage peak-to-trough decline | -19.96% | -16.19% | -3.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.14% | 28.97% | -17.83% |
Volatility
HEI vs. IBIT - Volatility Comparison
HEICO Corporation (HEI) has a higher volatility of 13.61% compared to iShares Bitcoin Trust ETF (IBIT) at 11.85%. This indicates that HEI'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.
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Volatility by Period
| HEI | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.61% | 11.85% | +1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 27.21% | 34.60% | -7.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.79% | 44.28% | -11.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.59% | 50.32% | -22.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.61% | 50.32% | -19.71% |
Dividends
HEI vs. IBIT - Dividend Comparison
HEI's dividend yield for the trailing twelve months is around 0.07%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEI HEICO Corporation | 0.07% | 0.07% | 0.09% | 0.11% | 0.12% | 0.12% | 0.12% | 0.12% | 0.14% | 0.08% | 0.22% | 0.28% |
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
HEI and IBIT have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HEI has higher volatility (13.61%) compared to IBIT (11.85%). In terms of maximum drawdown, HEI dropped -75.50% vs IBIT's -52.11%.
HEI currently has the higher Sharpe Ratio (0.21 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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