IBIT vs. HEI
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while HEI (HEICO Corporation) is a stock. Over the past year, IBIT returned -39.44% vs 6.72% for HEI. At a 0.17 correlation, their price movements are largely independent.
Performance
IBIT vs. HEI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBIT achieves a -27.71% return, which is significantly lower than HEI's 0.01% return.
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HEI
- 1D
- -2.39%
- 1M
- 10.59%
- YTD
- 0.01%
- 6M
- 2.87%
- 1Y
- 6.72%
- 3Y*
- 25.63%
- 5Y*
- 17.50%
- 10Y*
- 25.42%
IBIT vs. HEI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 99.21% |
HEI HEICO Corporation | 0.01% | 36.22% | 37.91% |
Correlation
The correlation between IBIT and HEI is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.17 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBIT vs. HEI — Risk / Return Rank
IBIT
HEI
IBIT vs. HEI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and HEICO Corporation (HEI). 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 | HEI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.07 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 0.25 | -1.01 |
| Martin ratioReturn relative to average drawdown | -1.36 | 0.60 | -1.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IBIT | HEI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.90 | 0.21 | -1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.64 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.83 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.51 | -0.25 |
Drawdowns
IBIT vs. HEI - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, smaller than the maximum HEI drawdown of -75.50%. Use the drawdown chart below to compare losses from any high point for IBIT and HEI.
Loading charts...
Drawdown Indicators
| IBIT | HEI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -75.50% | +23.39% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -27.11% | -25.00% |
Max Drawdown (3Y)Largest decline over 3 years | — | -27.11% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -27.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.73% | — |
Current DrawdownCurrent decline from peak | -49.66% | -9.65% | -40.01% |
Average DrawdownAverage peak-to-trough decline | -16.19% | -19.96% | +3.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.97% | 11.14% | +17.83% |
Volatility
IBIT vs. HEI - Volatility Comparison
The current volatility for iShares Bitcoin Trust ETF (IBIT) is 11.85%, while HEICO Corporation (HEI) has a volatility of 13.61%. This indicates that IBIT experiences smaller price fluctuations and is considered to be less risky than HEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBIT | HEI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.85% | 13.61% | -1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 34.60% | 27.21% | +7.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.28% | 32.79% | +11.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.32% | 27.59% | +22.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.32% | 30.61% | +19.71% |
Dividends
IBIT vs. HEI - Dividend Comparison
IBIT has not paid dividends to shareholders, while HEI's dividend yield for the trailing twelve months is around 0.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HEI HEICO Corporation | 0.07% | 0.07% | 0.09% | 0.11% | 0.12% | 0.12% | 0.12% | 0.12% | 0.14% | 0.08% | 0.22% | 0.28% |
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 HEI have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HEI has higher volatility (13.61%) compared to IBIT (11.85%). In terms of maximum drawdown, IBIT dropped -52.11% vs HEI's -75.50%.
HEI currently has the higher Sharpe Ratio (0.21 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.
Find the right allocation for IBIT and HEI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer