IB1T.DE vs. BTCW
IB1T.DE (iShares Bitcoin ETP) and BTCW (Wisdom Tree Bitcoin Fund) are both Cryptocurrency funds. Over the past year, IB1T.DE returned -40.55% vs -40.51% for BTCW. Their correlation of 0.81 suggests significant overlap in exposure. IB1T.DE charges 0.25%/yr vs 0.30%/yr for BTCW.
Performance
IB1T.DE vs. BTCW - Performance Comparison
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Different Trading Currencies
IB1T.DE is traded in EUR, while BTCW is traded in USD. To make them comparable, the BTCW values have been converted to EUR using the latest available exchange rates.
Returns By Period
The year-to-date returns for both stocks are quite close, with IB1T.DE having a -26.48% return and BTCW slightly lower at -26.66%.
IB1T.DE
- 1D
- -3.76%
- 1M
- -21.23%
- YTD
- -26.48%
- 6M
- -30.96%
- 1Y
- -40.55%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BTCW
- 1D
- -2.94%
- 1M
- -21.66%
- YTD
- -26.66%
- 6M
- -31.28%
- 1Y
- -40.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IB1T.DE vs. BTCW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IB1T.DE iShares Bitcoin ETP | -26.48% | -15.22% |
BTCW Wisdom Tree Bitcoin Fund | -26.66% | -8.92% |
Correlation
The correlation between IB1T.DE and BTCW is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2025 | 0.81 |
The correlation between IB1T.DE and BTCW has been stable across timeframes, ranging from 0.81 to 0.83 - a consistent structural relationship.
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Return for Risk
IB1T.DE vs. BTCW — Risk / Return Rank
IB1T.DE
BTCW
IB1T.DE vs. BTCW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin ETP (IB1T.DE) and Wisdom Tree Bitcoin Fund (BTCW). 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.
| IB1T.DE | BTCW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 0.85 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | -0.82 | 0.00 |
| Martin ratioReturn relative to average drawdown | -1.44 | -1.43 | -0.01 |
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
| IB1T.DE | BTCW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.02 | -0.94 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.81 | 0.22 | -1.03 |
Drawdowns
IB1T.DE vs. BTCW - Drawdown Comparison
The maximum IB1T.DE drawdown since its inception was -49.39%, roughly equal to the maximum BTCW drawdown of -49.57%. Use the drawdown chart below to compare losses from any high point for IB1T.DE and BTCW.
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Drawdown Indicators
| IB1T.DE | BTCW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.39% | -49.57% | +0.18% |
Max Drawdown (1Y)Largest decline over 1 year | -49.39% | -49.57% | +0.18% |
Current DrawdownCurrent decline from peak | -48.64% | -49.02% | +0.38% |
Average DrawdownAverage peak-to-trough decline | -20.44% | -16.48% | -3.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.18% | 28.44% | -0.26% |
Volatility
IB1T.DE vs. BTCW - Volatility Comparison
iShares Bitcoin ETP (IB1T.DE) has a higher volatility of 9.86% compared to Wisdom Tree Bitcoin Fund (BTCW) at 9.12%. This indicates that IB1T.DE's price experiences larger fluctuations and is considered to be riskier than BTCW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IB1T.DE | BTCW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 9.12% | +0.74% |
Volatility (6M)Calculated over the trailing 6-month period | 31.08% | 33.57% | -2.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.64% | 43.25% | -3.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.27% | 50.10% | -9.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.27% | 50.10% | -9.83% |
IB1T.DE vs. BTCW - Expense Ratio Comparison
IB1T.DE has a 0.25% expense ratio, which is lower than BTCW's 0.30% expense ratio.
Dividends
IB1T.DE vs. BTCW - Dividend Comparison
Neither IB1T.DE nor BTCW has paid dividends to shareholders.
Frequently Asked Questions
IB1T.DE and BTCW have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IB1T.DE is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IB1T.DE is cheaper with a 0.25% expense ratio, compared with 0.30% for BTCW.
They also come from different issuers: iShares and WisdomTree. Their fees differ too: 0.25% for IB1T.DE and 0.30% for BTCW.
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