IBIT vs. DE
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while DE (Deere & Company) is a stock. Over the past year, IBIT returned -40.63% vs 13.19% for DE. At a 0.15 correlation, their price movements are largely independent.
Performance
IBIT vs. DE - 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 DE's 24.40% return.
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DE
- 1D
- 1.55%
- 1M
- -0.55%
- YTD
- 24.40%
- 6M
- 19.88%
- 1Y
- 13.19%
- 3Y*
- 14.77%
- 5Y*
- 12.54%
- 10Y*
- 23.07%
IBIT vs. DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
DE Deere & Company | 24.40% | 11.39% | 9.24% |
Correlation
The correlation between IBIT and DE is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.15 |
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Return for Risk
IBIT vs. DE — Risk / Return Rank
IBIT
DE
IBIT vs. DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and Deere & Company (DE). 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 | DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.37 | ||
| Sortino ratioReturn per unit of downside risk | -2.19 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.11 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 0.67 | -1.45 |
| Martin ratioReturn relative to average drawdown | -1.37 | 1.38 | -2.75 |
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Drawdowns
IBIT vs. DE - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, smaller than the maximum DE drawdown of -73.27%. Use the drawdown chart below to compare losses from any high point for IBIT and DE.
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Drawdown Indicators
| IBIT | DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -73.27% | +21.16% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -19.90% | -32.21% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.81% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.91% | — |
Current DrawdownCurrent decline from peak | -49.45% | -12.58% | -36.87% |
Average DrawdownAverage peak-to-trough decline | -16.53% | -18.61% | +2.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.64% | 9.58% | +20.06% |
Volatility
IBIT vs. DE - Volatility Comparison
iShares Bitcoin Trust ETF (IBIT) has a higher volatility of 12.07% compared to Deere & Company (DE) at 10.51%. This indicates that IBIT's price experiences larger fluctuations and is considered to be riskier than DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIT | DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.07% | 10.51% | +1.56% |
Volatility (6M)Calculated over the trailing 6-month period | 34.45% | 24.42% | +10.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.10% | 30.03% | +14.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.26% | 29.39% | +20.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.26% | 30.40% | +19.86% |
Dividends
IBIT vs. DE - Dividend Comparison
IBIT has not paid dividends to shareholders, while DE's dividend yield for the trailing twelve months is around 1.12%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DE Deere & Company | 1.12% | 1.39% | 1.42% | 1.33% | 1.05% | 1.14% | 1.13% | 1.75% | 1.84% | 1.53% | 2.33% | 3.15% |
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 DE have a correlation of 0.06, 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 DE (10.51%). In terms of maximum drawdown, IBIT dropped -52.11% vs DE's -73.27%.
DE currently has the higher Sharpe Ratio (0.44 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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