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HODL vs. IBIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

HODL vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Bitcoin Trust (HODL) and iShares Bitcoin Trust (IBIT). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
43.52%
43.16%
HODL
IBIT

Returns By Period


HODL

YTD

N/A

1M

49.52%

6M

43.52%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

IBIT

YTD

N/A

1M

49.40%

6M

43.16%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


HODLIBIT
Daily Std Dev57.36%57.48%
Max Drawdown-27.51%-27.51%
Current Drawdown0.00%0.00%

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HODL vs. IBIT - Expense Ratio Comparison

Both HODL and IBIT have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


HODL
VanEck Bitcoin Trust
Expense ratio chart for HODL: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for IBIT: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Correlation

-0.50.00.51.01.0

The correlation between HODL and IBIT is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

HODL vs. IBIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Bitcoin Trust (HODL) and iShares Bitcoin Trust (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.


Sharpe ratio
No data
HODL
IBIT

Chart placeholderNot enough data

Dividends

HODL vs. IBIT - Dividend Comparison

Neither HODL nor IBIT has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

HODL vs. IBIT - Drawdown Comparison

The maximum HODL drawdown since its inception was -27.51%, roughly equal to the maximum IBIT drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for HODL and IBIT. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
HODL
IBIT

Volatility

HODL vs. IBIT - Volatility Comparison

VanEck Bitcoin Trust (HODL) and iShares Bitcoin Trust (IBIT) have volatilities of 18.07% and 18.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
18.07%
18.02%
HODL
IBIT