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 22.58% vs -45.30% 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
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Returns By Period
In the year-to-date period, IJJ achieves a 12.50% return, which is significantly higher than IBIT's -32.49% return.
IJJ
- 1D
- 0.90%
- 1M
- 3.60%
- YTD
- 12.50%
- 6M
- 10.69%
- 1Y
- 22.58%
- 3Y*
- 14.51%
- 5Y*
- 8.54%
- 10Y*
- 11.30%
IBIT
- 1D
- -1.03%
- 1M
- -22.03%
- YTD
- -32.49%
- 6M
- -32.23%
- 1Y
- -45.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IJJ vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IJJ iShares S&P Mid-Cap 400 Value ETF | 12.50% | 7.27% | 13.53% |
IBIT iShares Bitcoin Trust ETF | -32.49% | -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 |
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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 | +2.50 | ||
| Sortino ratioReturn per unit of downside risk | +3.75 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.83 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | -0.86 | +3.00 |
| Martin ratioReturn relative to average drawdown | 7.40 | -1.47 | +8.87 |
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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 -52.98%. Use the drawdown chart below to compare losses from any high point for IJJ and IBIT.
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Drawdown Indicators
| IJJ | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.00% | -52.98% | -5.02% |
Max Drawdown (1Y)Largest decline over 1 year | -10.59% | -52.98% | +42.39% |
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 | 0.00% | -52.98% | +52.98% |
Average DrawdownAverage peak-to-trough decline | -7.92% | -16.97% | +9.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.06% | 30.94% | -27.88% |
Volatility
IJJ vs. IBIT - Volatility Comparison
The current volatility for iShares S&P Mid-Cap 400 Value ETF (IJJ) is 3.94%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.43%. 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.
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Volatility by Period
| IJJ | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.94% | 13.43% | -9.49% |
Volatility (6M)Calculated over the trailing 6-month period | 10.88% | 34.60% | -23.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.43% | 44.41% | -28.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.52% | 50.21% | -30.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.01% | 50.21% | -28.20% |
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 (13.43%) compared to IJJ (3.94%). In terms of maximum drawdown, IJJ dropped -58.00% vs IBIT's -52.98%.
On 1-year performance, IJJ leads with 22.58% vs -45.30% for IBIT. On fees, IJJ is cheaper at 0.18% per year. On volatility, IJJ has been the lower-risk option at 3.94%. 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 22.58% return vs -45.30%. 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 (1.47 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.
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