IGIB vs. IBIT
IGIB (iShares Intermediate-Term Corporate Bond ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IGIB is a Corporate Bonds fund tracking the Bloomberg Barclays U.S. Intermediate Credit 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, IGIB returned 6.27% vs -38.74% for IBIT. At a 0.10 correlation, their price movements are largely independent. IGIB charges 0.06%/yr vs 0.25%/yr for IBIT.
Performance
IGIB vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IGIB achieves a 0.21% return, which is significantly higher than IBIT's -25.48% return.
IGIB
- 1D
- -0.19%
- 1M
- 0.31%
- YTD
- 0.21%
- 6M
- 0.14%
- 1Y
- 6.27%
- 3Y*
- 6.21%
- 5Y*
- 1.37%
- 10Y*
- 3.04%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGIB vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IGIB iShares Intermediate-Term Corporate Bond ETF | 0.21% | 9.58% | 3.91% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between IGIB 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 | 0.10 |
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Return for Risk
IGIB vs. IBIT — Risk / Return Rank
IGIB
IBIT
IGIB vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Intermediate-Term Corporate Bond ETF (IGIB) 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.
| IGIB | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.41 | ||
| Sortino ratioReturn per unit of downside risk | +3.48 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 0.86 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | -0.79 | +2.88 |
| Martin ratioReturn relative to average drawdown | 7.08 | -1.36 | +8.44 |
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
| IGIB | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | -0.89 | +2.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.30 | +0.40 |
Drawdowns
IGIB vs. IBIT - Drawdown Comparison
The maximum IGIB drawdown since its inception was -20.62%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for IGIB and IBIT.
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Drawdown Indicators
| IGIB | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.62% | -49.36% | +28.74% |
Max Drawdown (1Y)Largest decline over 1 year | -3.01% | -49.36% | +46.35% |
Max Drawdown (3Y)Largest decline over 3 years | -6.05% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -20.62% | — | — |
Current DrawdownCurrent decline from peak | -1.33% | -48.10% | +46.77% |
Average DrawdownAverage peak-to-trough decline | -2.58% | -16.02% | +13.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 28.44% | -27.55% |
Volatility
IGIB vs. IBIT - Volatility Comparison
The current volatility for iShares Intermediate-Term Corporate Bond ETF (IGIB) is 1.33%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that IGIB 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
| IGIB | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 9.50% | -8.17% |
Volatility (6M)Calculated over the trailing 6-month period | 3.08% | 34.44% | -31.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.14% | 43.73% | -39.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.56% | 50.19% | -43.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.06% | 50.19% | -44.13% |
IGIB vs. IBIT - Expense Ratio Comparison
IGIB has a 0.06% 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
IGIB vs. IBIT - Dividend Comparison
IGIB's dividend yield for the trailing twelve months is around 4.82%, 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% |
IGIB iShares Intermediate-Term Corporate Bond ETF | 4.82% | 4.59% | 4.41% | 3.78% | 3.04% | 2.52% | 2.74% | 3.44% | 3.41% | 2.51% | 2.45% | 2.51% |
Frequently Asked Questions
IGIB 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 IGIB (1.33%). In terms of maximum drawdown, IGIB dropped -20.62% vs IBIT's -49.36%.
On 1-year performance, IGIB leads with 6.27% vs -38.74% for IBIT. On fees, IGIB is cheaper at 0.06% per year. On volatility, IGIB has been the lower-risk option at 1.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IGIB has performed better with a 6.27% return vs -38.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGIB is cheaper with a 0.06% expense ratio, compared with 0.25% for IBIT.
IGIB has the higher dividend yield at 4.82%, compared with 0.00% for IBIT.
IGIB is categorized as Corporate Bonds, while IBIT is Cryptocurrency. IGIB tracks Bloomberg Barclays U.S. Intermediate Credit Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.06% for IGIB and 0.25% for IBIT.
IGIB currently has the higher Sharpe Ratio (1.52 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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