IQQ vs. IBIT

Last updated Jul 22, 2026

IQQ (iShares Nasdaq 100 ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Their correlation of 0.93 suggests significant overlap in exposure. IQQ charges 0.10%/yr vs 0.25%/yr for IBIT.

Performance

IQQ vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Nasdaq 100 ETF (IQQ) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IQQ

• 1D: 1.87%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

IBIT

• 1D: 2.11%
• 1M: 5.76%
• 6M: -25.79%
• YTD: -24.13%
• 1Y: -43.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IQQ iShares Nasdaq 100 ETF	$42.46M	$42.46M	$42.46M

IQQ vs. IBIT - Yearly Performance Comparison

	2026 (YTD)
IQQ iShares Nasdaq 100 ETF	-1.68%
IBIT iShares Bitcoin Trust ETF	6.93%

Correlation

The correlation between IQQ and IBIT is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 9, 2026	0.93

Return for Risk

IQQ vs. IBIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IQQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IBIT

IBIT Risk / Return Rank: 2
IBIT Sharpe Ratio Rank: 2
IBIT Sortino Ratio Rank: 2
IBIT Omega Ratio Rank: 2
IBIT Calmar Ratio Rank: 2
IBIT Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IQQ vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq 100 ETF (IQQ) 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.

	IQQ	IBIT	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.98	—
Sortino ratio: Return per unit of downside risk	—	-1.42	—
Omega ratio: Gain probability vs. loss probability	—	0.84	—
Calmar ratio: Return relative to maximum drawdown	—	-0.81	—
Martin ratio: Return relative to average drawdown	—	-1.29	—

Drawdowns

IQQ vs. IBIT - Drawdown Comparison

The maximum IQQ drawdown since its inception was -4.15%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for IQQ and IBIT.

Drawdown Indicators

	IQQ	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-4.15%	-53.30%	+49.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.30%	—
Current Drawdown Current decline from peak	-2.28%	-47.16%	+44.88%
Average Drawdown Average peak-to-trough decline	-1.89%	-17.85%	+15.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	33.56%	—

Volatility

Volatility by Period

	IQQ	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	10.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.67%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.24%	44.37%	-24.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.24%	49.82%	-29.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.24%	49.82%	-29.58%

IQQ vs. IBIT - Expense Ratio Comparison

IQQ has a 0.10% 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

IQQ vs. IBIT - Dividend Comparison

Neither IQQ nor IBIT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both IQQ and IBIT in my portfolio?

With a correlation of 0.93, IQQ and IBIT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, IQQ or IBIT?

On fees, IQQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQQ or IBIT?

IQQ is cheaper with a 0.10% expense ratio, compared with 0.25% for IBIT.

Which ETF pays a higher dividend yield, IQQ or IBIT?

IQQ and IBIT have nearly identical dividend yields, around 0.00%.

What is the main difference between IQQ and IBIT?

IQQ is categorized as Nasdaq-100, while IBIT is Cryptocurrency. IQQ tracks NASDAQ-100 Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.10% for IQQ and 0.25% for IBIT.