IBIT vs. ALIZY
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while ALIZY (Allianz SE ADR) is a stock. Over the past year, IBIT returned -40.63% vs 17.68% for ALIZY. At a 0.20 correlation, their price movements are largely independent.
Performance
IBIT vs. ALIZY - Performance Comparison
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Returns By Period
In the year-to-date period, IBIT achieves a -27.41% return, which is significantly lower than ALIZY's 1.59% return.
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ALIZY
- 1D
- 0.01%
- 1M
- 2.36%
- YTD
- 1.59%
- 6M
- 4.55%
- 1Y
- 17.68%
- 3Y*
- 31.68%
- 5Y*
- 16.69%
- 10Y*
- —
IBIT vs. ALIZY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
ALIZY Allianz SE ADR | 1.59% | 56.96% | 21.38% |
Correlation
The correlation between IBIT and ALIZY is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.20 |
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Return for Risk
IBIT vs. ALIZY — Risk / Return Rank
IBIT
ALIZY
IBIT vs. ALIZY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and Allianz SE ADR (ALIZY). 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.
| IBIT | ALIZY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.61 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.16 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 1.31 | -2.09 |
| Martin ratioReturn relative to average drawdown | -1.37 | 3.39 | -4.77 |
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Drawdowns
IBIT vs. ALIZY - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, which is greater than ALIZY's maximum drawdown of -49.10%. Use the drawdown chart below to compare losses from any high point for IBIT and ALIZY.
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Drawdown Indicators
| IBIT | ALIZY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -49.10% | -3.01% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -13.55% | -38.56% |
Max Drawdown (3Y)Largest decline over 3 years | — | -13.55% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -38.14% | — |
Current DrawdownCurrent decline from peak | -49.45% | -1.35% | -48.10% |
Average DrawdownAverage peak-to-trough decline | -16.53% | -8.65% | -7.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.64% | 5.23% | +24.41% |
Volatility
IBIT vs. ALIZY - Volatility Comparison
iShares Bitcoin Trust ETF (IBIT) has a higher volatility of 12.07% compared to Allianz SE ADR (ALIZY) at 6.09%. This indicates that IBIT's price experiences larger fluctuations and is considered to be riskier than ALIZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIT | ALIZY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.07% | 6.09% | +5.98% |
Volatility (6M)Calculated over the trailing 6-month period | 34.45% | 15.16% | +19.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.10% | 20.07% | +24.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.26% | 22.19% | +28.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.26% | 27.64% | +22.62% |
Dividends
IBIT vs. ALIZY - Dividend Comparison
IBIT has not paid dividends to shareholders, while ALIZY's dividend yield for the trailing twelve months is around 4.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ALIZY Allianz SE ADR | 4.37% | 3.71% | 4.91% | 4.70% | 5.43% | 4.87% | 2.95% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBIT and ALIZY have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (12.07%) compared to ALIZY (6.09%). In terms of maximum drawdown, IBIT dropped -52.11% vs ALIZY's -49.10%.
ALIZY currently has the higher Sharpe Ratio (0.89 vs -0.92), 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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