IBDU vs. IBIT
IBDU (iShares iBonds Dec 2029 Term Corporate ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IBDU is a Corporate Bonds fund tracking the Bloomberg December 2029 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, IBDU returned 3.25% vs -43.69% for IBIT. Their 0.07 correlation means their historical movements had little consistent relationship. IBDU charges 0.10%/yr vs 0.25%/yr for IBIT.
Performance
IBDU vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IBDU achieves a 0.91% return, which is significantly higher than IBIT's -27.17% return.
IBDU
- 1D
- 0.08%
- 1M
- -0.10%
- 6M
- 0.55%
- YTD
- 0.91%
- 1Y
- 3.25%
- 3Y*
- 5.73%
- 5Y*
- 0.79%
- 10Y*
- —
- ALL TIME*
- 2.39%
IBIT
- 1D
- 1.46%
- 1M
- 3.70%
- 6M
- -18.23%
- YTD
- -27.17%
- 1Y
- -43.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.83M | $13.17M | $15.71M | |
| $1.33B | $1.34B | $1.65B |
IBDU vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBDU iShares iBonds Dec 2029 Term Corporate ETF | 0.91% | 7.59% | 4.48% |
IBIT iShares Bitcoin Trust ETF | -27.17% | -6.41% | 89.87% |
Correlation
The correlation between IBDU and IBIT is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.07 |
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Return for Risk
IBDU vs. IBIT — Risk / Return Rank
IBDU
IBIT
IBDU vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2029 Term Corporate ETF (IBDU) 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.
| IBDU | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.55 | ||
| Sortino ratioReturn per unit of downside risk | +3.76 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.84 | +0.45 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | -0.82 | +2.88 |
| Martin ratioReturn relative to average drawdown | 7.41 | -1.26 | +8.67 |
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Drawdowns
IBDU vs. IBIT - Drawdown Comparison
The maximum IBDU drawdown since its inception was -19.44%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for IBDU and IBIT.
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Drawdown Indicators
| IBDU | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.44% | -53.30% | +33.86% |
Max Drawdown (1Y)Largest decline over 1 year | -1.59% | -53.30% | +51.71% |
Max Drawdown (3Y)Largest decline over 3 years | -3.78% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.15% | — | — |
Current DrawdownCurrent decline from peak | -0.18% | -49.28% | +49.10% |
Average DrawdownAverage peak-to-trough decline | -5.28% | -18.29% | +13.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.44% | 34.80% | -34.36% |
Volatility
IBDU vs. IBIT - Volatility Comparison
The current volatility for iShares iBonds Dec 2029 Term Corporate ETF (IBDU) is 0.51%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 8.98%. This indicates that IBDU 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
| IBDU | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.51% | 8.98% | -8.47% |
Volatility (6M)Calculated over the trailing 6-month period | 1.60% | 33.79% | -32.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.09% | 44.48% | -42.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.68% | 49.57% | -43.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.24% | 49.57% | -42.33% |
IBDU vs. IBIT - Expense Ratio Comparison
IBDU 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
IBDU vs. IBIT - Dividend Comparison
IBDU's dividend yield for the trailing twelve months is around 4.65%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IBDU iShares iBonds Dec 2029 Term Corporate ETF | 4.65% | 4.67% | 4.75% | 4.21% | 3.34% | 2.29% | 2.42% | 0.74% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBDU and IBIT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (8.98%) compared to IBDU (0.51%). In terms of maximum drawdown, IBDU dropped -19.44% vs IBIT's -53.30%.
On 1-year performance, IBDU leads with 3.25% vs -43.69% for IBIT. On fees, IBDU is cheaper at 0.10% per year. On volatility, IBDU has been the lower-risk option at 0.51%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBDU has performed better with a 3.25% return vs -43.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBDU is cheaper with a 0.10% expense ratio, compared with 0.25% for IBIT.
IBDU has the higher dividend yield at 4.65%, compared with 0.00% for IBIT.
IBDU is categorized as Corporate Bonds, while IBIT is Cryptocurrency. IBDU tracks Bloomberg December 2029 Maturity Corporate Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.10% for IBDU and 0.25% for IBIT.
IBDU currently has the higher Sharpe Ratio (1.56 vs -0.99), 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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