IBDQ vs. IBIT

Last updated Jun 4, 2026

IBDQ (iShares iBonds Dec 2025 Term Corporate ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IBDQ is a Corporate Bonds fund tracking the Bloomberg December 2025 Maturity Corporate, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. At a 0.08 correlation, their price movements are largely independent. IBDQ charges 0.10%/yr vs 0.25%/yr for IBIT.

Performance

IBDQ vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2025 Term Corporate ETF (IBDQ) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBDQ

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIT

• 1D: -2.76%
• 1M: -18.50%
• YTD: -25.48%
• 6M: -29.84%
• 1Y: -38.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IBDQ vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IBDQ iShares iBonds Dec 2025 Term Corporate ETF	0.00%	4.13%	4.99%
IBIT iShares Bitcoin Trust ETF	-25.48%	-6.41%	99.21%

Correlation

The correlation between IBDQ and IBIT is 0.06, 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	0.06
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024	0.08

Return for Risk

IBDQ vs. IBIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IBIT

IBIT Risk / Return Rank: 2
IBIT Sharpe Ratio Rank: 2
IBIT Sortino Ratio Rank: 2
IBIT Omega Ratio Rank: 2
IBIT Calmar Ratio Rank: 2
IBIT Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBDQ vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2025 Term Corporate ETF (IBDQ) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IBDQ	IBIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.30	—

Drawdowns

Drawdown Indicators

	IBDQ	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	—	-49.36%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-49.36%	—
Current Drawdown Current decline from peak	—	-48.10%	—
Average Drawdown Average peak-to-trough decline	—	-16.02%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.44%	—

Volatility

Volatility by Period

	IBDQ	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.50%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.44%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	43.73%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	50.19%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	50.19%	—

IBDQ vs. IBIT - Expense Ratio Comparison

IBDQ has a 0.10% expense ratio, which is lower than IBIT's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IBDQ vs. IBIT - Dividend Comparison

IBDQ's dividend yield for the trailing twelve months is around 2.08%, while IBIT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBDQ iShares iBonds Dec 2025 Term Corporate ETF	2.08%	3.77%	3.81%	3.27%	2.23%	2.07%	2.51%	3.21%	3.52%	3.28%	3.39%	2.64%
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

Can I hold both IBDQ and IBIT in my portfolio?

IBDQ and IBIT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IBDQ or IBIT?

On fees, IBDQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBDQ or IBIT?

IBDQ is cheaper with a 0.10% expense ratio, compared with 0.25% for IBIT.

Which ETF pays a higher dividend yield, IBDQ or IBIT?

IBDQ has the higher dividend yield at 2.08%, compared with 0.00% for IBIT.

What is the main difference between IBDQ and IBIT?

IBDQ is categorized as Corporate Bonds, while IBIT is Cryptocurrency. IBDQ tracks Bloomberg December 2025 Maturity Corporate, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.10% for IBDQ and 0.25% for IBIT.