IBIT vs. VST
IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant, while VST (Vistra Corp.) is a stock. Over the past year, IBIT returned -40.63% vs -14.43% for VST. At a 0.24 correlation, their price movements are largely independent.
Performance
IBIT vs. VST - 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 VST's -8.13% return.
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VST
- 1D
- 1.12%
- 1M
- 3.79%
- YTD
- -8.13%
- 6M
- -12.74%
- 1Y
- -14.43%
- 3Y*
- 83.39%
- 5Y*
- 54.40%
- 10Y*
- —
IBIT vs. VST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
VST Vistra Corp. | -8.13% | 17.66% | 262.09% |
Correlation
The correlation between IBIT and VST is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.24 |
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Return for Risk
IBIT vs. VST — Risk / Return Rank
IBIT
VST
IBIT vs. VST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust ETF (IBIT) and Vistra Corp. (VST). 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 | VST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -1.19 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.99 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | -0.38 | -0.40 |
| Martin ratioReturn relative to average drawdown | -1.37 | -0.70 | -0.67 |
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Drawdowns
IBIT vs. VST - Drawdown Comparison
The maximum IBIT drawdown since its inception was -52.11%, roughly equal to the maximum VST drawdown of -53.32%. Use the drawdown chart below to compare losses from any high point for IBIT and VST.
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Drawdown Indicators
| IBIT | VST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.11% | -53.32% | +1.21% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -38.01% | -14.10% |
Max Drawdown (3Y)Largest decline over 3 years | — | -48.80% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.80% | — |
Current DrawdownCurrent decline from peak | -49.45% | -31.89% | -17.56% |
Average DrawdownAverage peak-to-trough decline | -16.53% | -13.72% | -2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.64% | 20.73% | +8.91% |
Volatility
IBIT vs. VST - Volatility Comparison
The current volatility for iShares Bitcoin Trust ETF (IBIT) is 12.07%, while Vistra Corp. (VST) has a volatility of 15.14%. This indicates that IBIT experiences smaller price fluctuations and is considered to be less risky than VST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBIT | VST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.07% | 15.14% | -3.07% |
Volatility (6M)Calculated over the trailing 6-month period | 34.45% | 37.96% | -3.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.10% | 48.75% | -4.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.26% | 47.97% | +2.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.26% | 42.22% | +8.04% |
Dividends
IBIT vs. VST - Dividend Comparison
IBIT has not paid dividends to shareholders, while VST's dividend yield for the trailing twelve months is around 0.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VST Vistra Corp. | 0.61% | 0.56% | 0.63% | 2.13% | 3.12% | 2.64% | 2.75% | 2.17% | 0.00% | 0.00% | 14.97% |
Frequently Asked Questions
IBIT and VST have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VST has higher volatility (15.14%) compared to IBIT (12.07%). In terms of maximum drawdown, IBIT dropped -52.11% vs VST's -53.32%.
VST currently has the higher Sharpe Ratio (-0.30 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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