IBDR vs. IBIT
IBDR (iShares iBonds Dec 2026 Term Corporate ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IBDR is a Corporate Bonds fund tracking the Barclays December 2026 Maturity Corporate Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, IBDR returned 4.30% vs -39.82% for IBIT. At a correlation of -0.00, they often move in opposite directions. IBDR charges 0.10%/yr vs 0.25%/yr for IBIT.
Performance
IBDR vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IBDR achieves a 1.69% return, which is significantly higher than IBIT's -28.88% return.
IBDR
- 1D
- 0.04%
- 1M
- 0.29%
- YTD
- 1.69%
- 6M
- 1.81%
- 1Y
- 4.30%
- 3Y*
- 5.17%
- 5Y*
- 1.58%
- 10Y*
- —
IBIT
- 1D
- -3.26%
- 1M
- -17.81%
- YTD
- -28.88%
- 6M
- -28.88%
- 1Y
- -39.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBDR vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBDR iShares iBonds Dec 2026 Term Corporate ETF | 1.69% | 4.99% | 5.20% |
IBIT iShares Bitcoin Trust ETF | -28.88% | -6.41% | 89.87% |
Correlation
The correlation between IBDR and IBIT is 0.04, 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 | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | -0.00 |
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Return for Risk
IBDR vs. IBIT — Risk / Return Rank
IBDR
IBIT
IBDR vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2026 Term Corporate ETF (IBDR) 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.
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.
| IBDR | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +7.73 | ||
| Sortino ratioReturn per unit of downside risk | +15.56 | ||
| Omega ratioGain probability vs. loss probability | 3.36 | 0.86 | +2.50 |
| Calmar ratioReturn relative to maximum drawdown | 52.23 | -0.77 | +53.00 |
| Martin ratioReturn relative to average drawdown | 181.59 | -1.30 | +182.89 |
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Drawdowns
IBDR vs. IBIT - Drawdown Comparison
The maximum IBDR drawdown since its inception was -16.06%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for IBDR and IBIT.
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Drawdown Indicators
| IBDR | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.06% | -52.11% | +36.05% |
Max Drawdown (1Y)Largest decline over 1 year | -0.08% | -52.11% | +52.03% |
Max Drawdown (3Y)Largest decline over 3 years | -1.08% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -13.13% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -50.47% | +50.47% |
Average DrawdownAverage peak-to-trough decline | -2.82% | -16.85% | +14.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.02% | 30.58% | -30.56% |
Volatility
IBDR vs. IBIT - Volatility Comparison
The current volatility for iShares iBonds Dec 2026 Term Corporate ETF (IBDR) is 0.18%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.18%. This indicates that IBDR experiences smaller price fluctuations and is considered to be less risky 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
| IBDR | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.18% | 13.18% | -13.00% |
Volatility (6M)Calculated over the trailing 6-month period | 0.35% | 34.64% | -34.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.63% | 44.31% | -43.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.39% | 50.22% | -46.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.85% | 50.22% | -45.37% |
IBDR vs. IBIT - Expense Ratio Comparison
IBDR 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
IBDR vs. IBIT - Dividend Comparison
IBDR's dividend yield for the trailing twelve months is around 4.12%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
IBDR iShares iBonds Dec 2026 Term Corporate ETF | 4.12% | 4.20% | 4.13% | 3.41% | 2.44% | 2.11% | 2.61% | 3.25% | 3.56% | 3.22% | 0.86% |
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% |
Frequently Asked Questions
IBDR and IBIT have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (13.18%) compared to IBDR (0.18%). In terms of maximum drawdown, IBDR dropped -16.06% vs IBIT's -52.11%.
On 1-year performance, IBDR leads with 4.30% vs -39.82% for IBIT. On fees, IBDR is cheaper at 0.10% per year. On volatility, IBDR has been the lower-risk option at 0.18%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBDR has performed better with a 4.30% return vs -39.82%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBDR is cheaper with a 0.10% expense ratio, compared with 0.25% for IBIT.
IBDR has the higher dividend yield at 4.12%, compared with 0.00% for IBIT.
IBDR is categorized as Corporate Bonds, while IBIT is Cryptocurrency. IBDR tracks Barclays December 2026 Maturity Corporate Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.10% for IBDR and 0.25% for IBIT.
IBDR currently has the higher Sharpe Ratio (6.83 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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