IHAK vs. IBIT
IHAK (iShares Cybersecurity & Tech ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IHAK is a Technology Equities fund tracking the NYSE FactSet Global Cyber Security 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, IHAK returned 5.44% vs -45.30% for IBIT. At a 0.33 correlation, their price movements are largely independent. IHAK charges 0.47%/yr vs 0.25%/yr for IBIT.
Performance
IHAK vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IHAK achieves a 14.56% return, which is significantly higher than IBIT's -32.49% return.
IHAK
- 1D
- 0.69%
- 1M
- -3.34%
- YTD
- 14.56%
- 6M
- 12.44%
- 1Y
- 5.44%
- 3Y*
- 14.94%
- 5Y*
- 5.02%
- 10Y*
- —
IBIT
- 1D
- -1.03%
- 1M
- -22.03%
- YTD
- -32.49%
- 6M
- -32.23%
- 1Y
- -45.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IHAK vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IHAK iShares Cybersecurity & Tech ETF | 14.56% | -1.29% | 7.25% |
IBIT iShares Bitcoin Trust ETF | -32.49% | -6.41% | 89.87% |
Correlation
The correlation between IHAK and IBIT is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.33 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IHAK vs. IBIT — Risk / Return Rank
IHAK
IBIT
IHAK vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Cybersecurity & Tech ETF (IHAK) 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.
| IHAK | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 0.83 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | -0.86 | +1.09 |
| Martin ratioReturn relative to average drawdown | 0.53 | -1.47 | +2.00 |
Loading charts...
Drawdowns
IHAK vs. IBIT - Drawdown Comparison
The maximum IHAK drawdown since its inception was -34.42%, smaller than the maximum IBIT drawdown of -52.98%. Use the drawdown chart below to compare losses from any high point for IHAK and IBIT.
Loading charts...
Drawdown Indicators
| IHAK | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.42% | -52.98% | +18.56% |
Max Drawdown (1Y)Largest decline over 1 year | -23.48% | -52.98% | +29.50% |
Max Drawdown (3Y)Largest decline over 3 years | -23.48% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.42% | — | — |
Current DrawdownCurrent decline from peak | -9.66% | -52.98% | +43.32% |
Average DrawdownAverage peak-to-trough decline | -10.74% | -16.97% | +6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.21% | 30.94% | -20.73% |
Volatility
IHAK vs. IBIT - Volatility Comparison
The current volatility for iShares Cybersecurity & Tech ETF (IHAK) is 9.69%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.43%. This indicates that IHAK 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.
Loading charts...
Volatility by Period
| IHAK | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.69% | 13.43% | -3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 20.46% | 34.60% | -14.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.43% | 44.41% | -19.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.66% | 50.21% | -26.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.39% | 50.21% | -25.82% |
IHAK vs. IBIT - Expense Ratio Comparison
IHAK has a 0.47% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
IHAK vs. IBIT - Dividend Comparison
IHAK's dividend yield for the trailing twelve months is around 0.08%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IHAK iShares Cybersecurity & Tech ETF | 0.08% | 0.08% | 0.20% | 0.13% | 0.25% | 0.50% | 0.40% | 0.50% |
Frequently Asked Questions
IHAK and IBIT have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (13.43%) compared to IHAK (9.69%). In terms of maximum drawdown, IHAK dropped -34.42% vs IBIT's -52.98%.
On 1-year performance, IHAK leads with 5.44% vs -45.30% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IHAK has been the lower-risk option at 9.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IHAK has performed better with a 5.44% return vs -45.30%. 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 0.47% for IHAK.
IHAK has the higher dividend yield at 0.08%, compared with 0.00% for IBIT.
IHAK is categorized as Technology Equities, while IBIT is Cryptocurrency. IHAK tracks NYSE FactSet Global Cyber Security Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.47% for IHAK and 0.25% for IBIT.
IHAK currently has the higher Sharpe Ratio (0.22 vs -1.02), 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.
Find the right allocation for IHAK and IBIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer