IBIT vs. AMZN
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while AMZN (Amazon.com, Inc) is a stock. Over the past year, IBIT returned -39.44% vs 14.82% for AMZN. At a 0.29 correlation, their price movements are largely independent.
Performance
IBIT vs. AMZN - Performance Comparison
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Returns By Period
In the year-to-date period, IBIT achieves a -27.71% return, which is significantly lower than AMZN's 6.24% return.
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AMZN
- 1D
- -0.33%
- 1M
- -10.07%
- YTD
- 6.24%
- 6M
- 8.08%
- 1Y
- 14.82%
- 3Y*
- 25.71%
- 5Y*
- 8.37%
- 10Y*
- 21.19%
IBIT vs. AMZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 89.87% |
AMZN Amazon.com, Inc | 6.24% | 5.21% | 42.71% |
Correlation
The correlation between IBIT and AMZN is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.29 |
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Return for Risk
IBIT vs. AMZN — Risk / Return Rank
IBIT
AMZN
IBIT vs. AMZN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and Amazon.com, Inc (AMZN). 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.
| IBIT | AMZN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.39 | ||
| Sortino ratioReturn per unit of downside risk | -2.13 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.11 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 0.68 | -1.44 |
| Martin ratioReturn relative to average drawdown | -1.36 | 1.64 | -3.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IBIT | AMZN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.90 | 0.49 | -1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.24 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.56 | -0.30 |
Drawdowns
IBIT vs. AMZN - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for IBIT and AMZN.
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Drawdown Indicators
| IBIT | AMZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -94.40% | +42.29% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -21.74% | -30.37% |
Max Drawdown (3Y)Largest decline over 3 years | — | -30.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.15% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.15% | — |
Current DrawdownCurrent decline from peak | -49.66% | -10.83% | -38.83% |
Average DrawdownAverage peak-to-trough decline | -16.19% | -28.12% | +11.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.97% | 9.08% | +19.89% |
Volatility
IBIT vs. AMZN - Volatility Comparison
iShares Bitcoin Trust ETF (IBIT) has a higher volatility of 11.85% compared to Amazon.com, Inc (AMZN) at 7.80%. This indicates that IBIT's price experiences larger fluctuations and is considered to be riskier than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIT | AMZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.85% | 7.80% | +4.05% |
Volatility (6M)Calculated over the trailing 6-month period | 34.60% | 20.58% | +14.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.28% | 30.13% | +14.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.32% | 35.53% | +14.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.32% | 32.48% | +17.84% |
Dividends
IBIT vs. AMZN - Dividend Comparison
Neither IBIT nor AMZN has paid dividends to shareholders.
Frequently Asked Questions
IBIT and AMZN have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (11.85%) compared to AMZN (7.80%). In terms of maximum drawdown, IBIT dropped -52.11% vs AMZN's -94.40%.
AMZN currently has the higher Sharpe Ratio (0.49 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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