IDMO vs. IBIT
IDMO (Invesco S&P International Developed Momentum ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IDMO is a Momentum fund tracking the S&P Momentum Developed ex U.S. & South Korea LargeMidCap 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, IDMO returned 24.72% vs -39.67% for IBIT. At a 0.33 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
IDMO vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IDMO achieves a 8.17% return, which is significantly higher than IBIT's -27.41% return.
IDMO
- 1D
- 1.36%
- 1M
- -0.98%
- YTD
- 8.17%
- 6M
- 10.09%
- 1Y
- 24.72%
- 3Y*
- 25.21%
- 5Y*
- 15.50%
- 10Y*
- 12.64%
IBIT
- 1D
- -0.03%
- 1M
- -21.94%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IDMO vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IDMO Invesco S&P International Developed Momentum ETF | 8.17% | 42.17% | 12.17% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between IDMO and IBIT is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.33 |
The correlation between IDMO and IBIT shifts across timeframes, from 0.33 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
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
IDMO vs. IBIT — Risk / Return Rank
IDMO
IBIT
IDMO vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco S&P International Developed Momentum ETF (IDMO) 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.
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.
| IDMO | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.22 | ||
| Sortino ratioReturn per unit of downside risk | +3.23 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.85 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | -0.78 | +2.67 |
| Martin ratioReturn relative to average drawdown | 7.64 | -1.37 | +9.01 |
Loading charts...
Drawdowns
IDMO vs. IBIT - Drawdown Comparison
The maximum IDMO drawdown since its inception was -39.38%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for IDMO and IBIT.
Loading charts...
Drawdown Indicators
| IDMO | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.38% | -52.11% | +12.73% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -52.11% | +39.80% |
Max Drawdown (3Y)Largest decline over 3 years | -12.65% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -31.34% | — | — |
Current DrawdownCurrent decline from peak | -1.92% | -49.45% | +47.53% |
Average DrawdownAverage peak-to-trough decline | -9.74% | -16.53% | +6.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 29.64% | -26.60% |
Volatility
IDMO vs. IBIT - Volatility Comparison
The current volatility for Invesco S&P International Developed Momentum ETF (IDMO) is 7.92%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that IDMO 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.
Loading charts...
Volatility by Period
| IDMO | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.92% | 12.07% | -4.15% |
Volatility (6M)Calculated over the trailing 6-month period | 16.02% | 34.45% | -18.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.92% | 44.10% | -26.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.03% | 50.26% | -32.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.18% | 50.26% | -32.08% |
IDMO vs. IBIT - Expense Ratio Comparison
Both IDMO and IBIT have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IDMO vs. IBIT - Dividend Comparison
IDMO's dividend yield for the trailing twelve months is around 3.52%, 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% |
IDMO Invesco S&P International Developed Momentum ETF | 3.52% | 3.71% | 2.24% | 2.89% | 3.66% | 1.81% | 1.63% | 2.78% | 3.27% | 3.08% | 2.18% | 2.52% |
Frequently Asked Questions
IDMO and IBIT have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (12.07%) compared to IDMO (7.92%). In terms of maximum drawdown, IDMO dropped -39.38% vs IBIT's -52.11%.
On 1-year performance, IDMO leads with 24.72% vs -39.67% for IBIT. Both ETFs have the same 0.25% expense ratio. On volatility, IDMO has been the lower-risk option at 7.92%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IDMO has performed better with a 24.72% return vs -39.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IDMO and IBIT have the same expense ratio: 0.25% per year.
IDMO has the higher dividend yield at 3.52%, compared with 0.00% for IBIT.
IDMO is categorized as Momentum, while IBIT is Cryptocurrency. IDMO tracks S&P Momentum Developed ex U.S. & South Korea LargeMidCap Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. They also come from different issuers: Invesco and iShares.
IDMO currently has the higher Sharpe Ratio (1.30 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.
Find the right allocation for IDMO and IBIT
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