ILCB vs. IBIT
ILCB (iShares Morningstar U.S. Equity ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - ILCB is a Large Cap Growth Equities fund tracking the Morningstar US Large-Mid Cap 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, ILCB returned 28.03% vs -38.74% for IBIT. At a 0.41 correlation, their price movements are largely independent. ILCB charges 0.03%/yr vs 0.25%/yr for IBIT.
Performance
ILCB vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, ILCB achieves a 11.12% return, which is significantly higher than IBIT's -25.48% return.
ILCB
- 1D
- -0.67%
- 1M
- 5.29%
- YTD
- 11.12%
- 6M
- 11.10%
- 1Y
- 28.03%
- 3Y*
- 22.69%
- 5Y*
- 13.45%
- 10Y*
- 15.00%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ILCB vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ILCB iShares Morningstar U.S. Equity ETF | 11.12% | 17.70% | 24.82% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between ILCB and IBIT is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.41 |
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Return for Risk
ILCB vs. IBIT — Risk / Return Rank
ILCB
IBIT
ILCB vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar U.S. Equity ETF (ILCB) 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.
| ILCB | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.24 | ||
| Sortino ratioReturn per unit of downside risk | +4.43 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 0.86 | +0.56 |
| Calmar ratioReturn relative to maximum drawdown | 3.10 | -0.79 | +3.88 |
| Martin ratioReturn relative to average drawdown | 14.24 | -1.36 | +15.60 |
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
| ILCB | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.35 | -0.89 | +3.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.30 | +0.34 |
Drawdowns
ILCB vs. IBIT - Drawdown Comparison
The maximum ILCB drawdown since its inception was -51.53%, roughly equal to the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for ILCB and IBIT.
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Drawdown Indicators
| ILCB | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.53% | -49.36% | -2.17% |
Max Drawdown (1Y)Largest decline over 1 year | -9.09% | -49.36% | +40.27% |
Max Drawdown (3Y)Largest decline over 3 years | -19.05% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.47% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.30% | — | — |
Current DrawdownCurrent decline from peak | -0.67% | -48.10% | +47.43% |
Average DrawdownAverage peak-to-trough decline | -6.24% | -16.02% | +9.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.97% | 28.44% | -26.47% |
Volatility
ILCB vs. IBIT - Volatility Comparison
The current volatility for iShares Morningstar U.S. Equity ETF (ILCB) is 2.88%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. This indicates that ILCB 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
| ILCB | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 9.50% | -6.62% |
Volatility (6M)Calculated over the trailing 6-month period | 9.10% | 34.44% | -25.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.02% | 43.73% | -31.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.13% | 50.19% | -33.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.16% | 50.19% | -32.03% |
ILCB vs. IBIT - Expense Ratio Comparison
ILCB has a 0.03% 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
ILCB vs. IBIT - Dividend Comparison
ILCB's dividend yield for the trailing twelve months is around 0.97%, 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% |
ILCB iShares Morningstar U.S. Equity ETF | 0.97% | 1.11% | 1.19% | 1.43% | 1.65% | 1.16% | 1.26% | 2.25% | 2.17% | 1.81% | 1.97% | 2.44% |
Frequently Asked Questions
ILCB and IBIT have a correlation of 0.50, 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 ILCB (2.88%). In terms of maximum drawdown, ILCB dropped -51.53% vs IBIT's -49.36%.
On 1-year performance, ILCB leads with 28.03% vs -38.74% for IBIT. On fees, ILCB is cheaper at 0.03% per year. On volatility, ILCB has been the lower-risk option at 2.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, ILCB has performed better with a 28.03% return vs -38.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ILCB is cheaper with a 0.03% expense ratio, compared with 0.25% for IBIT.
ILCB has the higher dividend yield at 0.97%, compared with 0.00% for IBIT.
ILCB is categorized as Large Cap Growth Equities, while IBIT is Cryptocurrency. ILCB tracks Morningstar US Large-Mid Cap Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.03% for ILCB and 0.25% for IBIT.
ILCB currently has the higher Sharpe Ratio (2.35 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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