IGF vs. IBIT
IGF (iShares Global Infrastructure ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IGF is a Industrials Equities fund tracking the S&P Global Infrastructure Index (Net), while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, IGF returned 17.62% vs -39.82% for IBIT. At a 0.26 correlation, their price movements are largely independent. IGF charges 0.39%/yr vs 0.25%/yr for IBIT.
Performance
IGF vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IGF achieves a 9.67% return, which is significantly higher than IBIT's -28.88% return.
IGF
- 1D
- -0.03%
- 1M
- -0.16%
- YTD
- 9.67%
- 6M
- 8.98%
- 1Y
- 17.62%
- 3Y*
- 16.78%
- 5Y*
- 10.70%
- 10Y*
- 8.79%
IBIT
- 1D
- -3.26%
- 1M
- -17.81%
- YTD
- -28.88%
- 6M
- -28.88%
- 1Y
- -39.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGF vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IGF iShares Global Infrastructure ETF | 9.67% | 21.31% | 14.42% |
IBIT iShares Bitcoin Trust ETF | -28.88% | -6.41% | 89.87% |
Correlation
The correlation between IGF and IBIT is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.26 |
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Return for Risk
IGF vs. IBIT — Risk / Return Rank
IGF
IBIT
IGF vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Infrastructure ETF (IGF) 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.
| IGF | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.58 | ||
| Sortino ratioReturn per unit of downside risk | +3.64 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 0.86 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | -0.77 | +3.78 |
| Martin ratioReturn relative to average drawdown | 8.52 | -1.30 | +9.83 |
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Drawdowns
IGF vs. IBIT - Drawdown Comparison
The maximum IGF drawdown since its inception was -58.33%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for IGF and IBIT.
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Drawdown Indicators
| IGF | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.33% | -52.11% | -6.22% |
Max Drawdown (1Y)Largest decline over 1 year | -5.87% | -52.11% | +46.24% |
Max Drawdown (3Y)Largest decline over 3 years | -14.28% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.83% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.11% | — | — |
Current DrawdownCurrent decline from peak | -2.99% | -50.47% | +47.48% |
Average DrawdownAverage peak-to-trough decline | -11.84% | -16.85% | +5.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.07% | 30.58% | -28.51% |
Volatility
IGF vs. IBIT - Volatility Comparison
The current volatility for iShares Global Infrastructure ETF (IGF) is 3.35%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.18%. This indicates that IGF 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
| IGF | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 13.18% | -9.83% |
Volatility (6M)Calculated over the trailing 6-month period | 8.73% | 34.64% | -25.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.56% | 44.31% | -33.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.96% | 50.22% | -36.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.73% | 50.22% | -33.49% |
IGF vs. IBIT - Expense Ratio Comparison
IGF has a 0.39% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
IGF vs. IBIT - Dividend Comparison
IGF's dividend yield for the trailing twelve months is around 2.91%, 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% |
IGF iShares Global Infrastructure ETF | 2.91% | 3.23% | 3.21% | 3.36% | 2.67% | 2.42% | 2.33% | 3.27% | 3.52% | 2.95% | 2.98% | 3.25% |
Frequently Asked Questions
IGF and IBIT have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (13.18%) compared to IGF (3.35%). In terms of maximum drawdown, IGF dropped -58.33% vs IBIT's -52.11%.
On 1-year performance, IGF leads with 17.62% vs -39.82% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IGF has been the lower-risk option at 3.35%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IGF has performed better with a 17.62% return vs -39.82%. 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 IGF.
IGF has the higher dividend yield at 2.91%, compared with 0.00% for IBIT.
IGF is categorized as Industrials Equities, while IBIT is Cryptocurrency. IGF tracks S&P Global Infrastructure Index (Net), while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.39% for IGF and 0.25% for IBIT.
IGF currently has the higher Sharpe Ratio (1.68 vs -0.90), 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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