IGE vs. IBIT
IGE (iShares North American Natural Resources ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IGE is a Energy Equities fund tracking the S&P North American Natural Resources Sector 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, IGE returned 43.74% vs -38.74% for IBIT. At a 0.21 correlation, their price movements are largely independent. IGE charges 0.39%/yr vs 0.25%/yr for IBIT.
Performance
IGE vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IGE achieves a 22.98% return, which is significantly higher than IBIT's -25.48% return.
IGE
- 1D
- -0.15%
- 1M
- -0.36%
- YTD
- 22.98%
- 6M
- 23.36%
- 1Y
- 43.74%
- 3Y*
- 20.25%
- 5Y*
- 17.22%
- 10Y*
- 9.79%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGE vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IGE iShares North American Natural Resources ETF | 22.98% | 20.41% | 10.31% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between IGE and IBIT is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.21 |
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Return for Risk
IGE vs. IBIT — Risk / Return Rank
IGE
IBIT
IGE vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares North American Natural Resources ETF (IGE) 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.
| IGE | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.64 | ||
| Sortino ratioReturn per unit of downside risk | +4.87 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 0.86 | +0.59 |
| Calmar ratioReturn relative to maximum drawdown | 7.93 | -0.79 | +8.72 |
| Martin ratioReturn relative to average drawdown | 19.51 | -1.36 | +20.87 |
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
| IGE | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.75 | -0.89 | +3.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.39 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.30 | 0.30 | +0.01 |
Drawdowns
IGE vs. IBIT - Drawdown Comparison
The maximum IGE drawdown since its inception was -67.55%, which is greater than IBIT's maximum drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for IGE and IBIT.
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Drawdown Indicators
| IGE | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.55% | -49.36% | -18.19% |
Max Drawdown (1Y)Largest decline over 1 year | -5.54% | -49.36% | +43.82% |
Max Drawdown (3Y)Largest decline over 3 years | -19.49% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.72% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -60.57% | — | — |
Current DrawdownCurrent decline from peak | -2.86% | -48.10% | +45.24% |
Average DrawdownAverage peak-to-trough decline | -18.90% | -16.02% | -2.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.25% | 28.44% | -26.19% |
Volatility
IGE vs. IBIT - Volatility Comparison
The current volatility for iShares North American Natural Resources ETF (IGE) is 4.40%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that IGE 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
| IGE | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.40% | 9.50% | -5.10% |
Volatility (6M)Calculated over the trailing 6-month period | 12.67% | 34.44% | -21.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.98% | 43.73% | -27.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.45% | 50.19% | -27.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.94% | 50.19% | -25.25% |
IGE vs. IBIT - Expense Ratio Comparison
IGE has a 0.39% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
IGE vs. IBIT - Dividend Comparison
IGE's dividend yield for the trailing twelve months is around 1.89%, 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% |
IGE iShares North American Natural Resources ETF | 1.89% | 2.32% | 2.54% | 2.85% | 2.96% | 2.92% | 3.34% | 5.55% | 2.68% | 2.11% | 1.66% | 3.08% |
Frequently Asked Questions
IGE and IBIT have a correlation of 0.17, 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 IGE (4.40%). In terms of maximum drawdown, IGE dropped -67.55% vs IBIT's -49.36%.
On 1-year performance, IGE leads with 43.74% vs -38.74% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IGE has been the lower-risk option at 4.40%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IGE has performed better with a 43.74% 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 0.39% for IGE.
IGE has the higher dividend yield at 1.89%, compared with 0.00% for IBIT.
IGE is categorized as Energy Equities, while IBIT is Cryptocurrency. IGE tracks S&P North American Natural Resources Sector Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.39% for IGE and 0.25% for IBIT.
IGE currently has the higher Sharpe Ratio (2.75 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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