IBIT vs. GOOG
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while GOOG (Alphabet Inc) is a stock. Over the past year, IBIT returned -39.44% vs 107.32% for GOOG. At a 0.25 correlation, their price movements are largely independent.
Performance
IBIT vs. GOOG - 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 GOOG's 15.25% return.
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOOG
- 1D
- -1.20%
- 1M
- -8.98%
- YTD
- 15.25%
- 6M
- 15.01%
- 1Y
- 107.32%
- 3Y*
- 43.67%
- 5Y*
- 23.94%
- 10Y*
- 26.05%
IBIT vs. GOOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 99.21% |
GOOG Alphabet Inc | 15.25% | 65.42% | 33.03% |
Correlation
The correlation between IBIT and GOOG is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.25 |
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Return for Risk
IBIT vs. GOOG — Risk / Return Rank
IBIT
GOOG
IBIT vs. GOOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and Alphabet Inc (GOOG). 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 | GOOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.66 | ||
| Sortino ratioReturn per unit of downside risk | -6.39 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.61 | -0.75 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 5.20 | -5.96 |
| Martin ratioReturn relative to average drawdown | -1.36 | 18.68 | -20.04 |
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 | GOOG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.90 | 3.76 | -4.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.77 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.82 | -0.56 |
Drawdowns
IBIT vs. GOOG - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, which is greater than GOOG's maximum drawdown of -44.60%. Use the drawdown chart below to compare losses from any high point for IBIT and GOOG.
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Drawdown Indicators
| IBIT | GOOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -44.60% | -7.51% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -20.75% | -31.36% |
Max Drawdown (3Y)Largest decline over 3 years | — | -29.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -44.60% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.60% | — |
Current DrawdownCurrent decline from peak | -49.66% | -9.44% | -40.22% |
Average DrawdownAverage peak-to-trough decline | -16.19% | -8.89% | -7.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.97% | 5.77% | +23.20% |
Volatility
IBIT vs. GOOG - Volatility Comparison
iShares Bitcoin Trust ETF (IBIT) has a higher volatility of 11.85% compared to Alphabet Inc (GOOG) at 8.43%. This indicates that IBIT's price experiences larger fluctuations and is considered to be riskier than GOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIT | GOOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.85% | 8.43% | +3.42% |
Volatility (6M)Calculated over the trailing 6-month period | 34.60% | 20.50% | +14.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.28% | 28.74% | +15.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.32% | 31.14% | +19.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.32% | 29.02% | +21.30% |
Dividends
IBIT vs. GOOG - Dividend Comparison
IBIT has not paid dividends to shareholders, while GOOG's dividend yield for the trailing twelve months is around 0.29%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
GOOG Alphabet Inc | 0.29% | 0.26% | 0.32% |
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBIT and GOOG have a correlation of 0.25, 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 GOOG (8.43%). In terms of maximum drawdown, IBIT dropped -52.11% vs GOOG's -44.60%.
GOOG currently has the higher Sharpe Ratio (3.76 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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