IBLC vs. FDIG
IBLC (iShares Blockchain and Tech ETF) and FDIG (Fidelity Crypto Industry and Digital Payments ETF) are both exchange-traded funds - IBLC is a Cryptocurrency fund tracking the ICE FactSet Global Blockchain Technologies Index, while FDIG is a Blockchain fund tracking the Fidelity Crypto Industry and Digital Payments Index. Both are passively managed. Over the past 3 years, IBLC returned 26.70%/yr vs 21.94%/yr for FDIG. Their 0.98 correlation means they have historically moved very closely together. IBLC charges 0.47%/yr vs 0.39%/yr for FDIG.
Performance
IBLC vs. FDIG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBLC achieves a 5.99% return, which is significantly lower than FDIG's 6.72% return.
IBLC
- 1D
- -2.87%
- 1M
- -4.33%
- 6M
- 0.61%
- YTD
- 5.99%
- 1Y
- 17.60%
- 3Y*
- 26.70%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.35%
FDIG
- 1D
- -2.34%
- 1M
- -1.73%
- 6M
- 4.01%
- YTD
- 6.72%
- 1Y
- 18.46%
- 3Y*
- 21.94%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.07M | $1.09M | $1.90M | |
| $395.00K | $481.87K | $794.27K |
IBLC vs. FDIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IBLC iShares Blockchain and Tech ETF | 5.99% | 27.05% | 18.58% | 201.47% | -58.93% |
FDIG Fidelity Crypto Industry and Digital Payments ETF | 6.72% | 19.92% | 18.41% | 166.00% | -51.84% |
Correlation
The correlation between IBLC and FDIG is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.98 |
Correlation (3Y) Balances recent behavior with more history. | 0.98 |
Correlation (All Time) Calculated using the full available price history since Apr 27, 2022 | 0.98 |
The correlation between IBLC and FDIG has been stable across timeframes, ranging from 0.98 to 0.98 - 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
IBLC vs. FDIG — Risk / Return Rank
IBLC
FDIG
IBLC vs. FDIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain and Tech ETF (IBLC) and Fidelity Crypto Industry and Digital Payments ETF (FDIG). 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.
| IBLC | FDIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.07 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 0.20 | 0.23 | -0.03 |
| Martin ratioReturn relative to average drawdown | 0.36 | 0.41 | -0.05 |
Loading charts...
Drawdowns
IBLC vs. FDIG - Drawdown Comparison
The maximum IBLC drawdown since its inception was -62.54%, roughly equal to the maximum FDIG drawdown of -61.35%. Use the drawdown chart below to compare losses from any high point for IBLC and FDIG.
Loading charts...
Drawdown Indicators
| IBLC | FDIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.54% | -61.35% | -1.19% |
Max Drawdown (1Y)Largest decline over 1 year | -44.94% | -46.69% | +1.75% |
Max Drawdown (3Y)Largest decline over 3 years | -51.68% | -49.66% | -2.02% |
Current DrawdownCurrent decline from peak | -30.32% | -29.32% | -1.00% |
Average DrawdownAverage peak-to-trough decline | -25.78% | -27.49% | +1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.44% | 26.23% | -1.79% |
Volatility
IBLC vs. FDIG - Volatility Comparison
iShares Blockchain and Tech ETF (IBLC) has a higher volatility of 19.77% compared to Fidelity Crypto Industry and Digital Payments ETF (FDIG) at 14.26%. This indicates that IBLC's price experiences larger fluctuations and is considered to be riskier than FDIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBLC | FDIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.77% | 14.26% | +5.51% |
Volatility (6M)Calculated over the trailing 6-month period | 43.51% | 37.43% | +6.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.85% | 51.34% | +6.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.48% | 60.59% | +3.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.48% | 60.59% | +3.89% |
IBLC vs. FDIG - Expense Ratio Comparison
IBLC has a 0.47% expense ratio, which is higher than FDIG's 0.39% expense ratio.
Dividends
IBLC vs. FDIG - Dividend Comparison
IBLC's dividend yield for the trailing twelve months is around 5.91%, more than FDIG's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
FDIG Fidelity Crypto Industry and Digital Payments ETF | 1.53% | 1.14% | 1.17% | 0.18% | 0.00% |
IBLC iShares Blockchain and Tech ETF | 5.91% | 6.31% | 1.60% | 1.79% | 0.84% |
Frequently Asked Questions
With a correlation of 0.98, IBLC and FDIG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
IBLC has higher volatility (19.77%) compared to FDIG (14.26%). In terms of maximum drawdown, IBLC dropped -62.54% vs FDIG's -61.35%.
On 3-year performance, IBLC leads with 26.70% vs 21.94% for FDIG. On fees, FDIG is cheaper at 0.39% per year. On volatility, FDIG has been the lower-risk option at 14.26%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IBLC has performed better with a 26.70% return vs 21.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
FDIG is cheaper with a 0.39% expense ratio, compared with 0.47% for IBLC.
IBLC has the higher dividend yield at 5.91%, compared with 1.53% for FDIG.
IBLC is categorized as Cryptocurrency, while FDIG is Blockchain. IBLC tracks ICE FactSet Global Blockchain Technologies Index, while FDIG tracks Fidelity Crypto Industry and Digital Payments Index. They also come from different issuers: iShares and Fidelity. Their fees differ too: 0.47% for IBLC and 0.39% for FDIG.
FDIG currently has the higher Sharpe Ratio (0.21 vs 0.15), 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.
Find the right allocation for IBLC and FDIG
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