IRON vs. IBIT
IRON (Disc Medicine Inc.) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, IRON returned 30.57% vs -44.50% for IBIT. Their 0.15 correlation means their historical movements had little consistent relationship.
Performance
IRON vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IRON achieves a -3.03% return, which is significantly higher than IBIT's -28.22% return.
IRON
- 1D
- -2.79%
- 1M
- 0.97%
- 6M
- -0.41%
- YTD
- -3.03%
- 1Y
- 30.57%
- 3Y*
- 15.20%
- 5Y*
- 13.60%
- 10Y*
- —
- ALL TIME*
- -4.68%
IBIT
- 1D
- -2.89%
- 1M
- 2.21%
- 6M
- -24.95%
- YTD
- -28.22%
- 1Y
- -44.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.30B | $1.34B | $1.68B | |
| $26.75M | $35.78M | $40.92M |
IRON vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IRON Disc Medicine Inc. | -3.03% | 25.25% | -0.78% |
IBIT iShares Bitcoin Trust ETF | -28.22% | -6.41% | 89.87% |
Correlation
The correlation between IRON and IBIT is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.15 |
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Return for Risk
IRON vs. IBIT — Risk / Return Rank
IRON
IBIT
IRON vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Disc Medicine Inc. (IRON) 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.
| IRON | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.59 | ||
| Sortino ratioReturn per unit of downside risk | +2.67 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.83 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.71 | -0.87 | +1.59 |
| Martin ratioReturn relative to average drawdown | 1.43 | -1.34 | +2.77 |
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Drawdowns
IRON vs. IBIT - Drawdown Comparison
The maximum IRON drawdown since its inception was -93.22%, which is greater than IBIT's maximum drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for IRON and IBIT.
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Drawdown Indicators
| IRON | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.22% | -53.30% | -39.92% |
Max Drawdown (1Y)Largest decline over 1 year | -40.55% | -53.30% | +12.75% |
Max Drawdown (3Y)Largest decline over 3 years | -64.79% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -77.02% | — | — |
Current DrawdownCurrent decline from peak | -57.22% | -50.01% | -7.21% |
Average DrawdownAverage peak-to-trough decline | -66.25% | -18.24% | -48.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.21% | 34.66% | -14.45% |
Volatility
IRON vs. IBIT - Volatility Comparison
Disc Medicine Inc. (IRON) has a higher volatility of 12.08% compared to iShares Bitcoin Trust ETF (IBIT) at 9.21%. This indicates that IRON's price experiences larger fluctuations and is considered to be riskier 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
| IRON | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.08% | 9.21% | +2.87% |
Volatility (6M)Calculated over the trailing 6-month period | 41.63% | 33.74% | +7.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.41% | 44.46% | +8.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.80% | 49.60% | +19.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.95% | 49.60% | +19.35% |
Dividends
IRON vs. IBIT - Dividend Comparison
Neither IRON nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
IRON and IBIT have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IRON has higher volatility (12.08%) compared to IBIT (9.21%). In terms of maximum drawdown, IRON dropped -93.22% vs IBIT's -53.30%.
IRON currently has the higher Sharpe Ratio (0.54 vs -1.04), 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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