IBIJ vs. IBIT
IBIJ (iShares iBonds Oct 2033 Term TIPS ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IBIJ is a Inflation-Protected Bonds fund managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, IBIJ returned 4.51% vs -43.71% for IBIT. At a 0.02 correlation, their price movements are largely independent. IBIJ charges 0.10%/yr vs 0.25%/yr for IBIT.
Performance
IBIJ vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IBIJ achieves a 1.61% return, which is significantly higher than IBIT's -31.16% return.
IBIJ
- 1D
- 0.09%
- 1M
- -0.33%
- YTD
- 1.61%
- 6M
- 1.33%
- 1Y
- 4.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- 0.97%
- 1M
- -17.90%
- YTD
- -31.16%
- 6M
- -30.78%
- 1Y
- -43.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIJ vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIJ iShares iBonds Oct 2033 Term TIPS ETF | 1.61% | 8.59% | 1.67% |
IBIT iShares Bitcoin Trust ETF | -31.16% | -6.41% | 89.87% |
Correlation
The correlation between IBIJ and IBIT is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.02 |
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Return for Risk
IBIJ vs. IBIT — Risk / Return Rank
IBIJ
IBIT
IBIJ vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Oct 2033 Term TIPS ETF (IBIJ) 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.
| IBIJ | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.13 | ||
| Sortino ratioReturn per unit of downside risk | +3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.84 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.95 | -0.83 | +2.78 |
| Martin ratioReturn relative to average drawdown | 6.23 | -1.40 | +7.63 |
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Drawdowns
IBIJ vs. IBIT - Drawdown Comparison
The maximum IBIJ drawdown since its inception was -5.27%, smaller than the maximum IBIT drawdown of -52.98%. Use the drawdown chart below to compare losses from any high point for IBIJ and IBIT.
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Drawdown Indicators
| IBIJ | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.27% | -52.98% | +47.71% |
Max Drawdown (1Y)Largest decline over 1 year | -2.32% | -52.98% | +50.66% |
Current DrawdownCurrent decline from peak | -0.61% | -52.05% | +51.44% |
Average DrawdownAverage peak-to-trough decline | -1.29% | -17.08% | +15.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 31.29% | -30.57% |
Volatility
IBIJ vs. IBIT - Volatility Comparison
The current volatility for iShares iBonds Oct 2033 Term TIPS ETF (IBIJ) is 1.51%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.70%. This indicates that IBIJ 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
| IBIJ | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.51% | 13.70% | -12.19% |
Volatility (6M)Calculated over the trailing 6-month period | 2.89% | 34.64% | -31.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.97% | 44.47% | -40.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.87% | 50.14% | -44.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.87% | 50.14% | -44.27% |
IBIJ vs. IBIT - Expense Ratio Comparison
IBIJ 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
IBIJ vs. IBIT - Dividend Comparison
IBIJ's dividend yield for the trailing twelve months is around 3.93%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBIJ iShares iBonds Oct 2033 Term TIPS ETF | 3.93% | 4.66% | 4.42% | 0.60% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBIJ and IBIT have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (13.70%) compared to IBIJ (1.51%). In terms of maximum drawdown, IBIJ dropped -5.27% vs IBIT's -52.98%.
On 1-year performance, IBIJ leads with 4.51% vs -43.71% for IBIT. On fees, IBIJ is cheaper at 0.10% per year. On volatility, IBIJ has been the lower-risk option at 1.51%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IBIJ has performed better with a 4.51% return vs -43.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIJ is cheaper with a 0.10% expense ratio, compared with 0.25% for IBIT.
IBIJ has the higher dividend yield at 3.93%, compared with 0.00% for IBIT.
IBIJ is categorized as Inflation-Protected Bonds, while IBIT is Cryptocurrency. Their fees differ too: 0.10% for IBIJ and 0.25% for IBIT.
IBIJ currently has the higher Sharpe Ratio (1.14 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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