IGM vs. IBIT
IGM (iShares Expanded Tech Sector ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IGM is a Technology Equities fund tracking the S&P North American Technology 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, IGM returned 62.26% vs -38.74% for IBIT. At a 0.39 correlation, their price movements are largely independent. IGM charges 0.46%/yr vs 0.25%/yr for IBIT.
Performance
IGM vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IGM achieves a 31.32% return, which is significantly higher than IBIT's -25.48% return.
IGM
- 1D
- -0.84%
- 1M
- 16.93%
- YTD
- 31.32%
- 6M
- 29.19%
- 1Y
- 62.26%
- 3Y*
- 39.18%
- 5Y*
- 22.04%
- 10Y*
- 25.19%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGM vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IGM iShares Expanded Tech Sector ETF | 31.32% | 26.76% | 36.16% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between IGM 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 | 0.39 |
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Return for Risk
IGM vs. IBIT — Risk / Return Rank
IGM
IBIT
IGM vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Expanded Tech Sector ETF (IGM) 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.
| IGM | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.95 | ||
| Sortino ratioReturn per unit of downside risk | +5.00 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 0.86 | +0.63 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | -0.79 | +4.59 |
| Martin ratioReturn relative to average drawdown | 13.36 | -1.36 | +14.72 |
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
| IGM | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.07 | -0.89 | +3.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.30 | +0.19 |
Drawdowns
IGM vs. IBIT - Drawdown Comparison
The maximum IGM drawdown since its inception was -65.59%, which is greater than IBIT's maximum drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for IGM and IBIT.
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Drawdown Indicators
| IGM | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.59% | -49.36% | -16.23% |
Max Drawdown (1Y)Largest decline over 1 year | -16.44% | -49.36% | +32.92% |
Max Drawdown (3Y)Largest decline over 3 years | -26.39% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -40.68% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.68% | — | — |
Current DrawdownCurrent decline from peak | -0.84% | -48.10% | +47.26% |
Average DrawdownAverage peak-to-trough decline | -15.23% | -16.02% | +0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.67% | 28.44% | -23.77% |
Volatility
IGM vs. IBIT - Volatility Comparison
The current volatility for iShares Expanded Tech Sector ETF (IGM) is 6.10%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that IGM 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
| IGM | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.10% | 9.50% | -3.40% |
Volatility (6M)Calculated over the trailing 6-month period | 16.08% | 34.44% | -18.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.43% | 43.73% | -23.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.68% | 50.19% | -24.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.54% | 50.19% | -25.65% |
IGM vs. IBIT - Expense Ratio Comparison
IGM has a 0.46% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
IGM vs. IBIT - Dividend Comparison
IGM's dividend yield for the trailing twelve months is around 0.12%, 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% |
IGM iShares Expanded Tech Sector ETF | 0.12% | 0.17% | 0.22% | 0.33% | 0.66% | 0.16% | 0.32% | 0.50% | 0.57% | 0.57% | 0.90% | 0.79% |
Frequently Asked Questions
IGM 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 IGM (6.10%). In terms of maximum drawdown, IGM dropped -65.59% vs IBIT's -49.36%.
On 1-year performance, IGM leads with 62.26% vs -38.74% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IGM has been the lower-risk option at 6.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IGM has performed better with a 62.26% 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 0.46% for IGM.
IGM has the higher dividend yield at 0.12%, compared with 0.00% for IBIT.
IGM is categorized as Technology Equities, while IBIT is Cryptocurrency. IGM tracks S&P North American Technology Sector Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.46% for IGM and 0.25% for IBIT.
IGM currently has the higher Sharpe Ratio (3.07 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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