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IEI vs. IBIT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

IEI vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares 3-7 Year Treasury Bond ETF (IEI) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IEI achieves a -0.42% return, which is significantly higher than IBIT's -25.48% return.


IEI

1D
-0.13%
1M
-0.17%
YTD
-0.42%
6M
-0.49%
1Y
3.28%
3Y*
3.52%
5Y*
0.23%
10Y*
1.28%

IBIT

1D
-2.76%
1M
-18.50%
YTD
-25.48%
6M
-29.84%
1Y
-38.74%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

IEI vs. IBIT - Yearly Performance Comparison


2026 (YTD)20252024
IEI
iShares 3-7 Year Treasury Bond ETF
-0.42%6.96%1.84%
IBIT
iShares Bitcoin Trust ETF
-25.48%-6.41%99.21%

Correlation

The correlation between IEI and IBIT is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.06

Correlation (All Time)
Calculated using the full available price history since Jan 12, 2024

-0.01

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Return for Risk

IEI vs. IBIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IEI
IEI Risk / Return Rank: 2828
Overall Rank
IEI Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
IEI Sortino Ratio Rank: 3030
Sortino Ratio Rank
IEI Omega Ratio Rank: 2727
Omega Ratio Rank
IEI Calmar Ratio Rank: 2727
Calmar Ratio Rank
IEI Martin Ratio Rank: 2727
Martin Ratio Rank

IBIT
IBIT Risk / Return Rank: 22
Overall Rank
IBIT Sharpe Ratio Rank: 22
Sharpe Ratio Rank
IBIT Sortino Ratio Rank: 22
Sortino Ratio Rank
IBIT Omega Ratio Rank: 22
Omega Ratio Rank
IBIT Calmar Ratio Rank: 22
Calmar Ratio Rank
IBIT Martin Ratio Rank: 22
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IEI vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares 3-7 Year Treasury Bond ETF (IEI) 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.


IEIIBITDifference
Sharpe ratioReturn per unit of total volatility

+1.98

Sortino ratioReturn per unit of downside risk

+2.87

Omega ratioGain probability vs. loss probability

1.19

0.86

+0.33

Calmar ratioReturn relative to maximum drawdown

1.32

-0.79

+2.11

Martin ratioReturn relative to average drawdown

3.96

-1.36

+5.32

IEI vs. IBIT - Sharpe Ratio Comparison

The current IEI Sharpe Ratio is 1.09, which is higher than the IBIT Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of IEI and IBIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


IEIIBITDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.09

-0.89

+1.98

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.33

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.30

+0.40

Drawdowns

IEI vs. IBIT - Drawdown Comparison

The maximum IEI drawdown since its inception was -14.60%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for IEI and IBIT.


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Drawdown Indicators


IEIIBITDifference

Max Drawdown

Largest peak-to-trough decline

-14.60%

-49.36%

+34.76%

Max Drawdown (1Y)

Largest decline over 1 year

-2.50%

-49.36%

+46.86%

Max Drawdown (3Y)

Largest decline over 3 years

-3.66%

Max Drawdown (5Y)

Largest decline over 5 years

-13.88%

Max Drawdown (10Y)

Largest decline over 10 years

-14.60%

Current Drawdown

Current decline from peak

-1.85%

-48.10%

+46.25%

Average Drawdown

Average peak-to-trough decline

-2.67%

-16.02%

+13.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.83%

28.44%

-27.61%

Volatility

IEI vs. IBIT - Volatility Comparison

The current volatility for iShares 3-7 Year Treasury Bond ETF (IEI) is 0.91%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that IEI 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


IEIIBITDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.91%

9.50%

-8.59%

Volatility (6M)

Calculated over the trailing 6-month period

2.13%

34.44%

-32.31%

Volatility (1Y)

Calculated over the trailing 1-year period

3.04%

43.73%

-40.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.77%

50.19%

-45.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.93%

50.19%

-46.26%

IEI vs. IBIT - Expense Ratio Comparison

IEI has a 0.15% expense ratio, which is lower than IBIT's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

IEI vs. IBIT - Dividend Comparison

IEI's dividend yield for the trailing twelve months is around 3.64%, while IBIT has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
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%
IEI
iShares 3-7 Year Treasury Bond ETF
3.64%3.48%3.18%2.36%1.37%0.73%1.12%2.01%1.95%1.51%1.33%1.39%

Frequently Asked Questions


IEI and IBIT have a correlation of 0.06, 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 IEI (0.91%). In terms of maximum drawdown, IEI dropped -14.60% vs IBIT's -49.36%.

On 1-year performance, IEI leads with 3.28% vs -38.74% for IBIT. On fees, IEI is cheaper at 0.15% per year. On volatility, IEI has been the lower-risk option at 0.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, IEI has performed better with a 3.28% return vs -38.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IEI is cheaper with a 0.15% expense ratio, compared with 0.25% for IBIT.

IEI has the higher dividend yield at 3.64%, compared with 0.00% for IBIT.

IEI is categorized as Government Bonds, while IBIT is Cryptocurrency. IEI tracks ICE U.S. Treasury 3-7 Year Bond Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.15% for IEI and 0.25% for IBIT.

IEI currently has the higher Sharpe Ratio (1.09 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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