IGSB vs. IBIT
IGSB (iShares 1-5 Year Investment Grade Corporate Bond ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IGSB is a Corporate Bonds fund tracking the ICE BofA 1-5 Year US Corporate 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, IGSB returned 3.24% vs -43.69% for IBIT. Their 0.07 correlation means their historical movements had little consistent relationship. IGSB charges 0.04%/yr vs 0.25%/yr for IBIT.
Performance
IGSB vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IGSB achieves a 0.98% return, which is significantly higher than IBIT's -27.17% return.
IGSB
- 1D
- 0.07%
- 1M
- -0.10%
- 6M
- 0.65%
- YTD
- 0.98%
- 1Y
- 3.24%
- 3Y*
- 5.54%
- 5Y*
- 2.42%
- 10Y*
- 2.71%
- ALL TIME*
- 2.82%
IBIT
- 1D
- 1.46%
- 1M
- 3.70%
- 6M
- -18.23%
- YTD
- -27.17%
- 1Y
- -43.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.33B | $1.34B | $1.65B | |
| $138.45M | $132.08M | $159.08M |
IGSB vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 0.98% | 6.96% | 5.23% |
IBIT iShares Bitcoin Trust ETF | -27.17% | -6.41% | 89.87% |
Correlation
The correlation between IGSB and IBIT is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.07 |
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Return for Risk
IGSB vs. IBIT — Risk / Return Rank
IGSB
IBIT
IGSB vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) 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.
| IGSB | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.72 | ||
| Sortino ratioReturn per unit of downside risk | +3.97 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.84 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | -0.82 | +3.05 |
| Martin ratioReturn relative to average drawdown | 8.76 | -1.26 | +10.02 |
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Drawdowns
IGSB vs. IBIT - Drawdown Comparison
The maximum IGSB drawdown since its inception was -13.38%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for IGSB and IBIT.
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Drawdown Indicators
| IGSB | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.38% | -53.30% | +39.92% |
Max Drawdown (1Y)Largest decline over 1 year | -1.46% | -53.30% | +51.84% |
Max Drawdown (3Y)Largest decline over 3 years | -1.46% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -9.41% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -13.38% | — | — |
Current DrawdownCurrent decline from peak | -0.16% | -49.28% | +49.12% |
Average DrawdownAverage peak-to-trough decline | -0.84% | -18.29% | +17.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.37% | 34.80% | -34.43% |
Volatility
IGSB vs. IBIT - Volatility Comparison
The current volatility for iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) is 0.49%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 8.98%. This indicates that IGSB 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
| IGSB | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.49% | 8.98% | -8.49% |
Volatility (6M)Calculated over the trailing 6-month period | 1.57% | 33.79% | -32.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.88% | 44.48% | -42.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.95% | 49.57% | -46.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.47% | 49.57% | -46.10% |
IGSB vs. IBIT - Expense Ratio Comparison
IGSB has a 0.04% 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
IGSB vs. IBIT - Dividend Comparison
IGSB's dividend yield for the trailing twelve months is around 4.62%, 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% |
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 4.62% | 4.44% | 4.02% | 3.26% | 2.07% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% |
Frequently Asked Questions
IGSB 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 (8.98%) compared to IGSB (0.49%). In terms of maximum drawdown, IGSB dropped -13.38% vs IBIT's -53.30%.
On 1-year performance, IGSB leads with 3.24% vs -43.69% for IBIT. On fees, IGSB is cheaper at 0.04% per year. On volatility, IGSB has been the lower-risk option at 0.49%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IGSB has performed better with a 3.24% return vs -43.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGSB is cheaper with a 0.04% expense ratio, compared with 0.25% for IBIT.
IGSB has the higher dividend yield at 4.62%, compared with 0.00% for IBIT.
IGSB is categorized as Corporate Bonds, while IBIT is Cryptocurrency. IGSB tracks ICE BofA 1-5 Year US Corporate Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.04% for IGSB and 0.25% for IBIT.
IGSB currently has the higher Sharpe Ratio (1.73 vs -0.99), 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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