IBIT vs. B
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while B (Barrick Mining Corporation) is a stock. Over the past year, IBIT returned -40.63% vs 96.46% for B. At a 0.16 correlation, their price movements are largely independent.
Performance
IBIT vs. B - 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 B's -6.52% return.
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
B
- 1D
- 2.81%
- 1M
- -10.03%
- YTD
- -6.52%
- 6M
- -5.53%
- 1Y
- 96.46%
- 3Y*
- 36.83%
- 5Y*
- 14.31%
- 10Y*
- 9.32%
IBIT vs. B - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
B Barrick Mining Corporation | -6.52% | 186.91% | -8.49% |
Correlation
The correlation between IBIT and B is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.16 |
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Return for Risk
IBIT vs. B — Risk / Return Rank
IBIT
B
IBIT vs. B - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and Barrick Mining Corporation (B). 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 | B | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.07 | ||
| Sortino ratioReturn per unit of downside risk | -3.78 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.34 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 3.31 | -4.09 |
| Martin ratioReturn relative to average drawdown | -1.37 | 7.95 | -9.32 |
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Drawdowns
IBIT vs. B - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, smaller than the maximum B drawdown of -88.51%. Use the drawdown chart below to compare losses from any high point for IBIT and B.
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Drawdown Indicators
| IBIT | B | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -88.51% | +36.40% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -29.31% | -22.80% |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.31% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.96% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.13% | — |
Current DrawdownCurrent decline from peak | -49.45% | -23.16% | -26.29% |
Average DrawdownAverage peak-to-trough decline | -16.53% | -37.28% | +20.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.64% | 12.18% | +17.46% |
Volatility
IBIT vs. B - Volatility Comparison
The current volatility for iShares Bitcoin Trust ETF (IBIT) is 12.07%, while Barrick Mining Corporation (B) has a volatility of 15.80%. This indicates that IBIT experiences smaller price fluctuations and is considered to be less risky than B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIT | B | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.07% | 15.80% | -3.73% |
Volatility (6M)Calculated over the trailing 6-month period | 34.45% | 35.19% | -0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.10% | 45.31% | -1.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.26% | 36.25% | +14.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.26% | 36.85% | +13.41% |
Dividends
IBIT vs. B - Dividend Comparison
IBIT has not paid dividends to shareholders, while B's dividend yield for the trailing twelve months is around 2.29%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
B Barrick Mining Corporation | 2.29% | 1.21% | 2.58% | 2.21% | 3.20% | 2.47% | 1.82% | 0.70% | 1.40% | 0.83% | 0.50% | 1.90% |
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 B have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
B has higher volatility (15.80%) compared to IBIT (12.07%). In terms of maximum drawdown, IBIT dropped -52.11% vs B's -88.51%.
B currently has the higher Sharpe Ratio (2.15 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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