IBIT vs. LRCX
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while LRCX (Lam Research Corporation) is a stock. Over the past year, IBIT returned -40.63% vs 303.12% for LRCX. At a 0.28 correlation, their price movements are largely independent.
Performance
IBIT vs. LRCX - Performance Comparison
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Returns By Period
In the year-to-date period, IBIT achieves a -27.41% return, which is significantly lower than LRCX's 114.54% return.
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LRCX
- 1D
- 1.18%
- 1M
- 24.16%
- YTD
- 114.54%
- 6M
- 128.79%
- 1Y
- 303.12%
- 3Y*
- 81.91%
- 5Y*
- 43.22%
- 10Y*
- 48.23%
IBIT vs. LRCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
LRCX Lam Research Corporation | 114.54% | 139.16% | -2.67% |
Correlation
The correlation between IBIT and LRCX is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.28 |
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Return for Risk
IBIT vs. LRCX — Risk / Return Rank
IBIT
LRCX
IBIT vs. LRCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and Lam Research Corporation (LRCX). 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 | LRCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.71 | ||
| Sortino ratioReturn per unit of downside risk | -6.05 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.63 | -0.77 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 15.26 | -16.05 |
| Martin ratioReturn relative to average drawdown | -1.37 | 51.20 | -52.57 |
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Drawdowns
IBIT vs. LRCX - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, smaller than the maximum LRCX drawdown of -87.90%. Use the drawdown chart below to compare losses from any high point for IBIT and LRCX.
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Drawdown Indicators
| IBIT | LRCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -87.90% | +35.79% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -20.01% | -32.10% |
Max Drawdown (3Y)Largest decline over 3 years | — | -47.10% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.39% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.39% | — |
Current DrawdownCurrent decline from peak | -49.45% | 0.00% | -49.45% |
Average DrawdownAverage peak-to-trough decline | -16.53% | -28.17% | +11.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.64% | 5.95% | +23.69% |
Volatility
IBIT vs. LRCX - Volatility Comparison
The current volatility for iShares Bitcoin Trust ETF (IBIT) is 12.07%, while Lam Research Corporation (LRCX) has a volatility of 21.52%. This indicates that IBIT experiences smaller price fluctuations and is considered to be less risky than LRCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIT | LRCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.07% | 21.52% | -9.45% |
Volatility (6M)Calculated over the trailing 6-month period | 34.45% | 43.63% | -9.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.10% | 52.78% | -8.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.26% | 46.57% | +3.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.26% | 44.92% | +5.34% |
Dividends
IBIT vs. LRCX - Dividend Comparison
IBIT has not paid dividends to shareholders, while LRCX's dividend yield for the trailing twelve months is around 0.28%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
LRCX Lam Research Corporation | 0.28% | 0.57% | 1.19% | 0.95% | 1.53% | 0.78% | 1.04% | 1.54% | 2.79% | 1.01% | 1.28% | 1.36% |
Frequently Asked Questions
IBIT and LRCX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LRCX has higher volatility (21.52%) compared to IBIT (12.07%). In terms of maximum drawdown, IBIT dropped -52.11% vs LRCX's -87.90%.
LRCX currently has the higher Sharpe Ratio (5.79 vs -0.92), 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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