IJJ vs. IBIT
IJJ (iShares S&P Mid-Cap 400 Value ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IJJ is a Mid Cap Value Equities fund tracking the S&P MidCap 400 Value 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, IJJ returned 19.67% vs -44.36% for IBIT. At a 0.35 correlation, their price movements are largely independent. IJJ charges 0.18%/yr vs 0.25%/yr for IBIT.
Performance
IJJ vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IJJ achieves a 12.60% return, which is significantly higher than IBIT's -25.86% return.
IJJ
- 1D
- 0.26%
- 1M
- 0.67%
- 6M
- 7.39%
- YTD
- 12.60%
- 1Y
- 19.67%
- 3Y*
- 12.43%
- 5Y*
- 9.56%
- 10Y*
- 10.36%
IBIT
- 1D
- 0.63%
- 1M
- -2.46%
- 6M
- -33.60%
- YTD
- -25.86%
- 1Y
- -44.36%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IJJ vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IJJ iShares S&P Mid-Cap 400 Value ETF | 12.60% | 7.27% | 13.53% |
IBIT iShares Bitcoin Trust ETF | -25.86% | -6.41% | 89.87% |
Correlation
The correlation between IJJ and IBIT is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.35 |
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
IJJ vs. IBIT — Risk / Return Rank
IJJ
IBIT
IJJ vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P Mid-Cap 400 Value ETF (IJJ) 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.
| IJJ | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.31 | ||
| Sortino ratioReturn per unit of downside risk | +3.48 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.84 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | -0.83 | +2.70 |
| Martin ratioReturn relative to average drawdown | 6.46 | -1.35 | +7.80 |
Loading charts...
Drawdowns
IJJ vs. IBIT - Drawdown Comparison
The maximum IJJ drawdown since its inception was -58.00%, which is greater than IBIT's maximum drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for IJJ and IBIT.
Loading charts...
Drawdown Indicators
| IJJ | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.00% | -53.30% | -4.70% |
Max Drawdown (1Y)Largest decline over 1 year | -10.59% | -53.30% | +42.71% |
Max Drawdown (3Y)Largest decline over 3 years | -22.68% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -22.68% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -46.11% | — | — |
Current DrawdownCurrent decline from peak | -0.39% | -48.37% | +47.98% |
Average DrawdownAverage peak-to-trough decline | -7.90% | -17.66% | +9.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 33.00% | -29.95% |
Volatility
IJJ vs. IBIT - Volatility Comparison
The current volatility for iShares S&P Mid-Cap 400 Value ETF (IJJ) is 3.12%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 11.83%. This indicates that IJJ 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
| IJJ | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.12% | 11.83% | -8.71% |
Volatility (6M)Calculated over the trailing 6-month period | 10.64% | 35.00% | -24.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.24% | 44.46% | -29.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.45% | 49.95% | -30.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.96% | 49.95% | -27.99% |
IJJ vs. IBIT - Expense Ratio Comparison
IJJ has a 0.18% 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
IJJ vs. IBIT - Dividend Comparison
IJJ's dividend yield for the trailing twelve months is around 1.59%, 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% |
IJJ iShares S&P Mid-Cap 400 Value ETF | 1.59% | 1.79% | 1.81% | 1.68% | 1.97% | 1.62% | 1.78% | 1.70% | 2.01% | 1.52% | 1.67% | 1.83% |
Frequently Asked Questions
IJJ and IBIT have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (11.83%) compared to IJJ (3.12%). In terms of maximum drawdown, IJJ dropped -58.00% vs IBIT's -53.30%.
On 1-year performance, IJJ leads with 19.67% vs -44.36% for IBIT. On fees, IJJ is cheaper at 0.18% per year. On volatility, IJJ has been the lower-risk option at 3.12%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IJJ has performed better with a 19.67% return vs -44.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IJJ is cheaper with a 0.18% expense ratio, compared with 0.25% for IBIT.
IJJ has the higher dividend yield at 1.59%, compared with 0.00% for IBIT.
IJJ is categorized as Mid Cap Value Equities, while IBIT is Cryptocurrency. IJJ tracks S&P MidCap 400 Value Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.18% for IJJ and 0.25% for IBIT.
IJJ currently has the higher Sharpe Ratio (1.31 vs -1.00), 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 IJJ 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