IAK vs. BTC-USD
IAK (iShares U.S. Insurance ETF) is Financials Equities fund tracking the Dow Jones U.S. Select Insurance Index, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 10 years, IAK returned 12.67%/yr vs 55.97%/yr for BTC-USD. At a 0.06 correlation, their price movements are largely independent.
Performance
IAK vs. BTC-USD - Performance Comparison
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Returns By Period
In the year-to-date period, IAK achieves a 1.11% return, which is significantly higher than BTC-USD's -25.06% return. Over the past 10 years, IAK has underperformed BTC-USD with an annualized return of 12.67%, while BTC-USD has yielded a comparatively higher 55.97% annualized return.
IAK
- 1D
- 0.68%
- 1M
- 2.70%
- YTD
- 1.11%
- 6M
- 0.88%
- 1Y
- 5.16%
- 3Y*
- 18.27%
- 5Y*
- 13.37%
- 10Y*
- 12.67%
BTC-USD
- 1D
- 2.42%
- 1M
- -17.06%
- YTD
- -25.06%
- 6M
- -25.64%
- 1Y
- -37.83%
- 3Y*
- 36.87%
- 5Y*
- 10.30%
- 10Y*
- 55.97%
IAK vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IAK iShares U.S. Insurance ETF | 1.11% | 9.50% | 28.25% | 11.28% | 11.33% | 26.84% | -2.86% | 25.94% | -11.48% | 14.18% |
BTC-USD Bitcoin | -25.06% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,324.24% |
Correlation
The correlation between IAK and BTC-USD is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2012 | 0.06 |
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Return for Risk
IAK vs. BTC-USD — Risk / Return Rank
IAK
BTC-USD
IAK vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Insurance ETF (IAK) and Bitcoin (BTC-USD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IAK | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.88 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | -0.74 | +1.31 |
| Martin ratioReturn relative to average drawdown | 1.27 | -1.28 | +2.56 |
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Drawdowns
IAK vs. BTC-USD - Drawdown Comparison
The maximum IAK drawdown since its inception was -77.38%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for IAK and BTC-USD.
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Drawdown Indicators
| IAK | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.38% | -85.30% | +7.92% |
Max Drawdown (1Y)Largest decline over 1 year | -7.62% | -51.21% | +43.59% |
Max Drawdown (3Y)Largest decline over 3 years | -11.58% | -51.21% | +39.63% |
Max Drawdown (5Y)Largest decline over 5 years | -14.76% | -76.67% | +61.91% |
Max Drawdown (10Y)Largest decline over 10 years | -44.95% | -83.80% | +38.85% |
Current DrawdownCurrent decline from peak | -0.23% | -47.43% | +47.20% |
Average DrawdownAverage peak-to-trough decline | -16.11% | -42.37% | +26.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 35.28% | -31.87% |
Volatility
IAK vs. BTC-USD - Volatility Comparison
The current volatility for iShares U.S. Insurance ETF (IAK) is 5.49%, while Bitcoin (BTC-USD) has a volatility of 12.10%. This indicates that IAK experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IAK | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.49% | 12.10% | -6.61% |
Volatility (6M)Calculated over the trailing 6-month period | 10.75% | 34.64% | -23.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.10% | 35.63% | -20.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.14% | 44.55% | -26.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.92% | 56.61% | -35.69% |
Frequently Asked Questions
IAK and BTC-USD have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (12.10%) compared to IAK (5.49%). In terms of maximum drawdown, IAK dropped -77.38% vs BTC-USD's -85.30%.
IAK currently has the higher Sharpe Ratio (0.29 vs -0.88), 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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