IBIT vs. AXP
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while AXP (American Express Company) is a stock. Over the past year, IBIT returned -39.67% vs 14.27% for AXP. At a 0.26 correlation, their price movements are largely independent.
Performance
IBIT vs. AXP - 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 AXP's -11.56% return.
IBIT
- 1D
- -0.03%
- 1M
- -19.59%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AXP
- 1D
- 2.18%
- 1M
- 3.82%
- YTD
- -11.56%
- 6M
- -14.47%
- 1Y
- 14.27%
- 3Y*
- 24.40%
- 5Y*
- 16.02%
- 10Y*
- 19.88%
IBIT vs. AXP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
AXP American Express Company | -11.56% | 25.99% | 61.85% |
Correlation
The correlation between IBIT and AXP is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.26 |
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Return for Risk
IBIT vs. AXP — Risk / Return Rank
IBIT
AXP
IBIT vs. AXP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and American Express Company (AXP). 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 | AXP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.09 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 0.44 | -1.22 |
| Martin ratioReturn relative to average drawdown | -1.37 | 0.93 | -2.30 |
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Drawdowns
IBIT vs. AXP - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, smaller than the maximum AXP drawdown of -83.91%. Use the drawdown chart below to compare losses from any high point for IBIT and AXP.
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Drawdown Indicators
| IBIT | AXP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -83.91% | +31.80% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -23.90% | -28.21% |
Max Drawdown (3Y)Largest decline over 3 years | — | -28.76% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.55% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.64% | — |
Current DrawdownCurrent decline from peak | -49.45% | -14.99% | -34.46% |
Average DrawdownAverage peak-to-trough decline | -16.53% | -22.05% | +5.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.64% | 11.15% | +18.49% |
Volatility
IBIT vs. AXP - Volatility Comparison
iShares Bitcoin Trust ETF (IBIT) has a higher volatility of 12.07% compared to American Express Company (AXP) at 6.90%. This indicates that IBIT's price experiences larger fluctuations and is considered to be riskier than AXP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIT | AXP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.07% | 6.90% | +5.17% |
Volatility (6M)Calculated over the trailing 6-month period | 34.45% | 20.01% | +14.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.10% | 26.46% | +17.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.26% | 29.50% | +20.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.26% | 31.83% | +18.43% |
Dividends
IBIT vs. AXP - Dividend Comparison
IBIT has not paid dividends to shareholders, while AXP's dividend yield for the trailing twelve months is around 1.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXP American Express Company | 1.05% | 0.85% | 0.91% | 1.24% | 1.35% | 1.05% | 1.42% | 1.29% | 1.51% | 1.32% | 1.61% | 1.58% |
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% | 0.00% |
Frequently Asked Questions
IBIT and AXP have a correlation of 0.23, 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 AXP (6.90%). In terms of maximum drawdown, IBIT dropped -52.11% vs AXP's -83.91%.
AXP currently has the higher Sharpe Ratio (0.39 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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