IBIT vs. CGDV

Last updated Jun 9, 2026

IBIT (iShares Bitcoin Trust ETF) and CGDV (Capital Group Dividend Value ETF) are both exchange-traded funds - IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while CGDV is a Large Cap Value Equities fund actively managed by Capital Group. IBIT is passively managed, while CGDV is actively managed. Over the past year, IBIT returned -39.44% vs 27.58% for CGDV. At a 0.37 correlation, their price movements are largely independent. IBIT charges 0.25%/yr vs 0.33%/yr for CGDV.

Performance

IBIT vs. CGDV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Bitcoin Trust ETF (IBIT) and Capital Group Dividend Value ETF (CGDV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IBIT achieves a -27.71% return, which is significantly lower than CGDV's 10.15% return.

IBIT

• 1D: 5.13%
• 1M: -21.03%
• YTD: -27.71%
• 6M: -30.34%
• 1Y: -39.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CGDV

• 1D: 0.13%
• 1M: 1.46%
• YTD: 10.15%
• 6M: 10.88%
• 1Y: 27.58%
• 3Y*: 24.27%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IBIT vs. CGDV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IBIT iShares Bitcoin Trust ETF	-27.71%	-6.41%	89.87%
CGDV Capital Group Dividend Value ETF	10.15%	25.50%	20.54%

Correlation

The correlation between IBIT and CGDV is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.37

Return for Risk

IBIT vs. CGDV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IBIT

IBIT Risk / Return Rank: 3
IBIT Sharpe Ratio Rank: 2
IBIT Sortino Ratio Rank: 3
IBIT Omega Ratio Rank: 3
IBIT Calmar Ratio Rank: 3
IBIT Martin Ratio Rank: 2

CGDV

CGDV Risk / Return Rank: 76
CGDV Sharpe Ratio Rank: 81
CGDV Sortino Ratio Rank: 80
CGDV Omega Ratio Rank: 81
CGDV Calmar Ratio Rank: 63
CGDV Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBIT vs. CGDV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and Capital Group Dividend Value ETF (CGDV). 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	CGDV	Difference
Sharpe ratio: Return per unit of total volatility	-0.90	2.34	-3.24
Sortino ratio: Return per unit of downside risk	-1.24	3.20	-4.44
Omega ratio: Gain probability vs. loss probability	0.86	1.44	-0.58
Calmar ratio: Return relative to maximum drawdown	-0.76	2.84	-3.60
Martin ratio: Return relative to average drawdown	-1.36	13.37	-14.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBIT vs. CGDV - Sharpe Ratio Comparison

The current IBIT Sharpe Ratio is -0.90, which is lower than the CGDV Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of IBIT and CGDV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IBIT	CGDV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.90	2.34	-3.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	1.21	-0.94

Drawdowns

IBIT vs. CGDV - Drawdown Comparison

The maximum IBIT drawdown since its inception was -52.11%, which is greater than CGDV's maximum drawdown of -21.82%. Use the drawdown chart below to compare losses from any high point for IBIT and CGDV.

Drawdown Indicators

	IBIT	CGDV	Difference
Max Drawdown Largest peak-to-trough decline	-52.11%	-21.82%	-30.29%
Max Drawdown (1Y) Largest decline over 1 year	-52.11%	-9.75%	-42.36%
Max Drawdown (3Y) Largest decline over 3 years	—	-14.28%	—
Current Drawdown Current decline from peak	-49.66%	-2.22%	-47.44%
Average Drawdown Average peak-to-trough decline	-16.19%	-3.61%	-12.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.97%	2.07%	+26.90%

Volatility

IBIT vs. CGDV - Volatility Comparison

iShares Bitcoin Trust ETF (IBIT) has a higher volatility of 11.85% compared to Capital Group Dividend Value ETF (CGDV) at 3.60%. This indicates that IBIT's price experiences larger fluctuations and is considered to be riskier than CGDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBIT	CGDV	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.85%	3.60%	+8.25%
Volatility (6M) Calculated over the trailing 6-month period	34.60%	9.47%	+25.13%
Volatility (1Y) Calculated over the trailing 1-year period	44.28%	11.85%	+32.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.32%	15.51%	+34.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.32%	15.51%	+34.81%

IBIT vs. CGDV - Expense Ratio Comparison

IBIT has a 0.25% expense ratio, which is lower than CGDV's 0.33% expense ratio.

Dividends

IBIT vs. CGDV - Dividend Comparison

IBIT has not paid dividends to shareholders, while CGDV's dividend yield for the trailing twelve months is around 1.19%.

Position	TTM	2025	2024	2023	2022
CGDV Capital Group Dividend Value ETF	1.19%	1.29%	1.60%	1.65%	1.36%
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IBIT and CGDV in my portfolio?

IBIT and CGDV have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IBIT or CGDV?

IBIT has higher volatility (11.85%) compared to CGDV (3.60%). In terms of maximum drawdown, IBIT dropped -52.11% vs CGDV's -21.82%.

Which ETF is better, IBIT or CGDV?

On 1-year performance, CGDV leads with 27.58% vs -39.44% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, CGDV has been the lower-risk option at 3.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IBIT or CGDV?

Over the 1-year period, CGDV has performed better with a 27.58% return vs -39.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IBIT or CGDV?

IBIT is cheaper with a 0.25% expense ratio, compared with 0.33% for CGDV.

Which ETF pays a higher dividend yield, IBIT or CGDV?

CGDV has the higher dividend yield at 1.19%, compared with 0.00% for IBIT.

What is the main difference between IBIT and CGDV?

IBIT is categorized as Cryptocurrency, while CGDV is Large Cap Value Equities. They also come from different issuers: iShares and Capital Group. Their fees differ too: 0.25% for IBIT and 0.33% for CGDV.

Which has better risk-adjusted returns?

CGDV currently has the higher Sharpe Ratio (2.34 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.