IETC vs. IBIT
IETC (iShares Evolved U.S. Technology ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IETC is a Technology Equities fund actively managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. IETC is actively managed, while IBIT is passively managed. Over the past year, IETC returned 30.45% vs -38.74% for IBIT. At a 0.38 correlation, their price movements are largely independent. IETC charges 0.18%/yr vs 0.25%/yr for IBIT.
Performance
IETC vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IETC achieves a 13.88% return, which is significantly higher than IBIT's -25.48% return.
IETC
- 1D
- -2.13%
- 1M
- 11.52%
- YTD
- 13.88%
- 6M
- 12.87%
- 1Y
- 30.45%
- 3Y*
- 30.53%
- 5Y*
- 18.23%
- 10Y*
- —
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IETC vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IETC iShares Evolved U.S. Technology ETF | 13.88% | 19.56% | 36.72% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between IETC and IBIT is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.38 |
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Return for Risk
IETC vs. IBIT — Risk / Return Rank
IETC
IBIT
IETC vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Evolved U.S. Technology ETF (IETC) 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.
| IETC | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.34 | ||
| Sortino ratioReturn per unit of downside risk | +3.21 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.86 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 1.44 | -0.79 | +2.23 |
| Martin ratioReturn relative to average drawdown | 4.06 | -1.36 | +5.43 |
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
| IETC | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | -0.89 | +2.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.75 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.30 | +0.57 |
Drawdowns
IETC vs. IBIT - Drawdown Comparison
The maximum IETC drawdown since its inception was -38.48%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for IETC and IBIT.
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Drawdown Indicators
| IETC | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.48% | -49.36% | +10.88% |
Max Drawdown (1Y)Largest decline over 1 year | -21.19% | -49.36% | +28.17% |
Max Drawdown (3Y)Largest decline over 3 years | -25.17% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.48% | — | — |
Current DrawdownCurrent decline from peak | -2.25% | -48.10% | +45.85% |
Average DrawdownAverage peak-to-trough decline | -8.14% | -16.02% | +7.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.51% | 28.44% | -20.93% |
Volatility
IETC vs. IBIT - Volatility Comparison
The current volatility for iShares Evolved U.S. Technology ETF (IETC) is 6.43%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that IETC 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
| IETC | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 9.50% | -3.07% |
Volatility (6M)Calculated over the trailing 6-month period | 16.49% | 34.44% | -17.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.04% | 43.73% | -22.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.53% | 50.19% | -25.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.37% | 50.19% | -24.82% |
IETC vs. IBIT - Expense Ratio Comparison
IETC has a 0.18% 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
IETC vs. IBIT - Dividend Comparison
IETC's dividend yield for the trailing twelve months is around 0.34%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IETC iShares Evolved U.S. Technology ETF | 0.34% | 0.38% | 0.52% | 0.79% | 0.92% | 0.73% | 0.48% | 0.95% | 1.27% |
Frequently Asked Questions
IETC and IBIT have a correlation of 0.47, 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 IETC (6.43%). In terms of maximum drawdown, IETC dropped -38.48% vs IBIT's -49.36%.
On 1-year performance, IETC leads with 30.45% vs -38.74% for IBIT. On fees, IETC is cheaper at 0.18% per year. On volatility, IETC has been the lower-risk option at 6.43%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IETC has performed better with a 30.45% return vs -38.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IETC is cheaper with a 0.18% expense ratio, compared with 0.25% for IBIT.
IETC has the higher dividend yield at 0.34%, compared with 0.00% for IBIT.
IETC is categorized as Technology Equities, while IBIT is Cryptocurrency. Their fees differ too: 0.18% for IETC and 0.25% for IBIT.
IETC currently has the higher Sharpe Ratio (1.46 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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