ICF vs. IBIT
ICF (iShares Cohen & Steers REIT ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - ICF is a REIT fund tracking the Cohen & Steers Realty Majors Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, ICF returned 11.29% vs -38.74% for IBIT. At a 0.18 correlation, their price movements are largely independent. ICF charges 0.34%/yr vs 0.25%/yr for IBIT.
Performance
ICF vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, ICF achieves a 12.19% return, which is significantly higher than IBIT's -25.48% return.
ICF
- 1D
- 0.17%
- 1M
- -0.92%
- YTD
- 12.19%
- 6M
- 11.56%
- 1Y
- 11.29%
- 3Y*
- 10.12%
- 5Y*
- 3.01%
- 10Y*
- 5.54%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ICF vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ICF iShares Cohen & Steers REIT ETF | 12.19% | 1.85% | 6.90% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between ICF and IBIT is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.18 |
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Return for Risk
ICF vs. IBIT — Risk / Return Rank
ICF
IBIT
ICF vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Cohen & Steers REIT ETF (ICF) and iShares Bitcoin Trust ETF (IBIT). 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.
| ICF | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.73 | ||
| Sortino ratioReturn per unit of downside risk | +2.42 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.86 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | -0.79 | +2.17 |
| Martin ratioReturn relative to average drawdown | 3.92 | -1.36 | +5.29 |
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
| ICF | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | -0.89 | +1.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.16 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.30 | +0.02 |
Drawdowns
ICF vs. IBIT - Drawdown Comparison
The maximum ICF drawdown since its inception was -76.74%, which is greater than IBIT's maximum drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for ICF and IBIT.
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Drawdown Indicators
| ICF | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.74% | -49.36% | -27.38% |
Max Drawdown (1Y)Largest decline over 1 year | -8.20% | -49.36% | +41.16% |
Max Drawdown (3Y)Largest decline over 3 years | -17.25% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.74% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.22% | — | — |
Current DrawdownCurrent decline from peak | -2.67% | -48.10% | +45.43% |
Average DrawdownAverage peak-to-trough decline | -14.18% | -16.02% | +1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.88% | 28.44% | -25.56% |
Volatility
ICF vs. IBIT - Volatility Comparison
The current volatility for iShares Cohen & Steers REIT ETF (ICF) is 3.71%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that ICF experiences smaller price fluctuations and is considered to be less risky than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICF | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 9.50% | -5.79% |
Volatility (6M)Calculated over the trailing 6-month period | 9.85% | 34.44% | -24.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.57% | 43.73% | -30.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.91% | 50.19% | -31.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.58% | 50.19% | -29.61% |
ICF vs. IBIT - Expense Ratio Comparison
ICF has a 0.34% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
ICF vs. IBIT - Dividend Comparison
ICF's dividend yield for the trailing twelve months is around 2.48%, while IBIT has not paid dividends to shareholders.
| 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% |
ICF iShares Cohen & Steers REIT ETF | 2.48% | 2.88% | 2.66% | 2.76% | 2.64% | 1.82% | 2.38% | 2.55% | 3.20% | 3.10% | 4.21% | 3.30% |
Frequently Asked Questions
ICF and IBIT have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (9.50%) compared to ICF (3.71%). In terms of maximum drawdown, ICF dropped -76.74% vs IBIT's -49.36%.
On 1-year performance, ICF leads with 11.29% vs -38.74% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, ICF has been the lower-risk option at 3.71%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ICF has performed better with a 11.29% return vs -38.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.34% for ICF.
ICF has the higher dividend yield at 2.48%, compared with 0.00% for IBIT.
ICF is categorized as REIT, while IBIT is Cryptocurrency. ICF tracks Cohen & Steers Realty Majors Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.34% for ICF and 0.25% for IBIT.
ICF currently has the higher Sharpe Ratio (0.84 vs -0.89), 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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