IBIT vs. HOOD
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while HOOD (Robinhood Markets, Inc.) is a stock. Over the past year, IBIT returned -38.89% vs 40.36% for HOOD. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
IBIT vs. HOOD - Performance Comparison
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Returns By Period
In the year-to-date period, IBIT achieves a -26.77% return, which is significantly lower than HOOD's -6.98% return.
IBIT
- 1D
- -2.18%
- 1M
- -16.47%
- YTD
- -26.77%
- 6M
- -25.35%
- 1Y
- -38.89%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOD
- 1D
- 8.78%
- 1M
- 36.36%
- YTD
- -6.98%
- 6M
- -9.15%
- 1Y
- 40.36%
- 3Y*
- 118.90%
- 5Y*
- —
- 10Y*
- —
IBIT vs. HOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -26.77% | -6.41% | 89.87% |
HOOD Robinhood Markets, Inc. | -6.98% | 203.54% | 206.92% |
Correlation
The correlation between IBIT and HOOD is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.54 |
The correlation between IBIT and HOOD has been stable across timeframes, ranging from 0.54 to 0.58 - a consistent structural relationship.
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Return for Risk
IBIT vs. HOOD — Risk / Return Rank
IBIT
HOOD
IBIT vs. HOOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and Robinhood Markets, Inc. (HOOD). 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 | HOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -2.49 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.15 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 0.71 | -1.46 |
| Martin ratioReturn relative to average drawdown | -1.29 | 1.27 | -2.56 |
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Drawdowns
IBIT vs. HOOD - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, smaller than the maximum HOOD drawdown of -90.21%. Use the drawdown chart below to compare losses from any high point for IBIT and HOOD.
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Drawdown Indicators
| IBIT | HOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -90.21% | +38.10% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -57.26% | +5.15% |
Max Drawdown (3Y)Largest decline over 3 years | — | -57.26% | — |
Current DrawdownCurrent decline from peak | -49.00% | -31.00% | -18.00% |
Average DrawdownAverage peak-to-trough decline | -16.69% | -60.79% | +44.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.09% | 31.91% | -1.82% |
Volatility
IBIT vs. HOOD - Volatility Comparison
The current volatility for iShares Bitcoin Trust ETF (IBIT) is 12.68%, while Robinhood Markets, Inc. (HOOD) has a volatility of 23.66%. This indicates that IBIT experiences smaller price fluctuations and is considered to be less risky than HOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIT | HOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.68% | 23.66% | -10.98% |
Volatility (6M)Calculated over the trailing 6-month period | 34.50% | 50.82% | -16.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.23% | 69.80% | -25.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.26% | 74.12% | -23.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.26% | 74.12% | -23.86% |
Dividends
IBIT vs. HOOD - Dividend Comparison
Neither IBIT nor HOOD has paid dividends to shareholders.
Frequently Asked Questions
IBIT and HOOD have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOOD has higher volatility (23.66%) compared to IBIT (12.68%). In terms of maximum drawdown, IBIT dropped -52.11% vs HOOD's -90.21%.
HOOD currently has the higher Sharpe Ratio (0.58 vs -0.88), 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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