IBIT vs. IB1T.DE
IBIT (iShares Bitcoin Trust ETF) and IB1T.DE (iShares Bitcoin ETP) are both Cryptocurrency funds from iShares. IBIT is passively managed, while IB1T.DE is actively managed. Over the past year, IBIT returned -38.74% vs -37.93% for IB1T.DE. Their correlation of 0.80 suggests significant overlap in exposure. Both charge a 0.25% expense ratio.
Performance
IBIT vs. IB1T.DE - Performance Comparison
Loading charts...
Different Trading Currencies
IBIT is traded in USD, while IB1T.DE is traded in EUR. To make them comparable, the IB1T.DE values have been converted to USD using the latest available exchange rates.
Returns By Period
The year-to-date returns for both investments are quite close, with IBIT having a -25.48% return and IB1T.DE slightly higher at -24.54%.
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IB1T.DE
- 1D
- -1.30%
- 1M
- -16.71%
- YTD
- -24.54%
- 6M
- -28.55%
- 1Y
- -37.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIT vs. IB1T.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
IBIT iShares Bitcoin Trust ETF | -25.48% | -1.06% |
IB1T.DE iShares Bitcoin ETP | -24.54% | -7.78% |
Correlation
The correlation between IBIT and IB1T.DE is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Mar 25, 2025 | 0.80 |
The correlation between IBIT and IB1T.DE has been stable across timeframes, ranging from 0.80 to 0.83 - a consistent structural relationship.
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. IB1T.DE — Risk / Return Rank
IBIT
IB1T.DE
IBIT vs. IB1T.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and iShares Bitcoin ETP (IB1T.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.
| IBIT | IB1T.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 0.85 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.79 | -0.77 | -0.02 |
| Martin ratioReturn relative to average drawdown | -1.36 | -1.35 | -0.02 |
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 | IB1T.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.89 | -0.95 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | -0.65 | +0.95 |
Drawdowns
IBIT vs. IB1T.DE - Drawdown Comparison
The maximum IBIT drawdown since its inception was -49.36%, roughly equal to the maximum IB1T.DE drawdown of -49.13%. Use the drawdown chart below to compare losses from any high point for IBIT and IB1T.DE.
Loading charts...
Drawdown Indicators
| IBIT | IB1T.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.36% | -49.13% | -0.23% |
Max Drawdown (1Y)Largest decline over 1 year | -49.36% | -49.13% | -0.23% |
Current DrawdownCurrent decline from peak | -48.10% | -47.12% | -0.98% |
Average DrawdownAverage peak-to-trough decline | -16.02% | -19.91% | +3.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.44% | 28.12% | +0.32% |
Volatility
IBIT vs. IB1T.DE - Volatility Comparison
iShares Bitcoin Trust ETF (IBIT) and iShares Bitcoin ETP (IB1T.DE) have volatilities of 9.50% and 9.64%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBIT | IB1T.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.50% | 9.64% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 34.44% | 30.97% | +3.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.73% | 39.75% | +3.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.19% | 40.28% | +9.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.19% | 40.28% | +9.91% |
IBIT vs. IB1T.DE - Expense Ratio Comparison
Both IBIT and IB1T.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IBIT vs. IB1T.DE - Dividend Comparison
Neither IBIT nor IB1T.DE has paid dividends to shareholders.
Frequently Asked Questions
IBIT and IB1T.DE have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
IBIT and IB1T.DE have the same expense ratio: 0.25% per year.
Find the right allocation for IBIT and IB1T.DE
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