IBIT vs. IUIT.L
IBIT (iShares Bitcoin Trust ETF) and IUIT.L (iShares S&P 500 Information Technology Sector UCITS ETF) are both exchange-traded funds - IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while IUIT.L is a Technology Equities fund tracking the S&P 500 Capped 35/20 Information Technology Index. Both are passively managed. Over the past year, IBIT returned -39.44% vs 46.28% for IUIT.L. At a 0.22 correlation, their price movements are largely independent. IBIT charges 0.25%/yr vs 0.15%/yr for IUIT.L.
Performance
IBIT vs. IUIT.L - 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 IUIT.L's 18.82% return.
IBIT
- 1D
- 5.13%
- 1M
- -21.03%
- YTD
- -27.71%
- 6M
- -30.34%
- 1Y
- -39.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IUIT.L
- 1D
- -0.20%
- 1M
- 3.97%
- YTD
- 18.82%
- 6M
- 17.07%
- 1Y
- 46.28%
- 3Y*
- 33.11%
- 5Y*
- 23.20%
- 10Y*
- 25.94%
IBIT vs. IUIT.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.71% | -6.41% | 89.87% |
IUIT.L iShares S&P 500 Information Technology Sector UCITS ETF | 18.82% | 22.93% | 40.26% |
Correlation
The correlation between IBIT and IUIT.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.22 |
The correlation between IBIT and IUIT.L shifts across timeframes, from 0.22 (all time) to 0.36 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
IBIT vs. IUIT.L — Risk / Return Rank
IBIT
IUIT.L
IBIT vs. IUIT.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L). 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 | IUIT.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.14 | ||
| Sortino ratioReturn per unit of downside risk | -4.23 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.37 | -0.51 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | 2.70 | -3.46 |
| Martin ratioReturn relative to average drawdown | -1.36 | 7.98 | -9.34 |
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 | IUIT.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.90 | 2.24 | -3.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.98 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.17 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 1.10 | -0.83 |
Drawdowns
IBIT vs. IUIT.L - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, which is greater than IUIT.L's maximum drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for IBIT and IUIT.L.
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Drawdown Indicators
| IBIT | IUIT.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -33.46% | -18.65% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -17.03% | -35.08% |
Max Drawdown (3Y)Largest decline over 3 years | — | -26.40% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -33.46% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.46% | — |
Current DrawdownCurrent decline from peak | -49.66% | -6.46% | -43.20% |
Average DrawdownAverage peak-to-trough decline | -16.19% | -5.89% | -10.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.97% | 5.78% | +23.19% |
Volatility
IBIT vs. IUIT.L - Volatility Comparison
iShares Bitcoin Trust ETF (IBIT) has a higher volatility of 11.85% compared to iShares S&P 500 Information Technology Sector UCITS ETF (IUIT.L) at 8.10%. This indicates that IBIT's price experiences larger fluctuations and is considered to be riskier than IUIT.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIT | IUIT.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.85% | 8.10% | +3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 34.60% | 15.91% | +18.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.28% | 20.58% | +23.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.32% | 23.65% | +26.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.32% | 22.22% | +28.10% |
IBIT vs. IUIT.L - Expense Ratio Comparison
IBIT has a 0.25% expense ratio, which is higher than IUIT.L's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IBIT vs. IUIT.L - Dividend Comparison
Neither IBIT nor IUIT.L has paid dividends to shareholders.
Frequently Asked Questions
IBIT and IUIT.L have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IUIT.L is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IUIT.L is cheaper with a 0.15% expense ratio, compared with 0.25% for IBIT.
IBIT is categorized as Cryptocurrency, while IUIT.L is Technology Equities. IBIT tracks CME CF Bitcoin Reference Rate - New York Variant, while IUIT.L tracks S&P 500 Capped 35/20 Information Technology Index. Their fees differ too: 0.25% for IBIT and 0.15% for IUIT.L.
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