IRTR vs. IBIT
IRTR (iShares LifePath Retirement ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IRTR is a Target Retirement Date fund actively managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. IRTR is actively managed, while IBIT is passively managed. Over the past year, IRTR returned 12.19% vs -45.30% for IBIT. At a 0.35 correlation, their price movements are largely independent. IRTR charges 0.08%/yr vs 0.25%/yr for IBIT.
Performance
IRTR vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IRTR achieves a 4.92% return, which is significantly higher than IBIT's -32.49% return.
IRTR
- 1D
- 0.15%
- 1M
- -0.03%
- YTD
- 4.92%
- 6M
- 4.52%
- 1Y
- 12.19%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- -1.03%
- 1M
- -22.03%
- YTD
- -32.49%
- 6M
- -32.23%
- 1Y
- -45.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IRTR vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IRTR iShares LifePath Retirement ETF | 4.92% | 12.70% | 8.36% |
IBIT iShares Bitcoin Trust ETF | -32.49% | -6.41% | 89.87% |
Correlation
The correlation between IRTR and IBIT is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
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
IRTR vs. IBIT — Risk / Return Rank
IRTR
IBIT
IRTR vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares LifePath Retirement ETF (IRTR) 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.
| IRTR | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.97 | ||
| Sortino ratioReturn per unit of downside risk | +4.32 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.83 | +0.54 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | -0.86 | +3.40 |
| Martin ratioReturn relative to average drawdown | 10.97 | -1.47 | +12.44 |
Loading charts...
Drawdowns
IRTR vs. IBIT - Drawdown Comparison
The maximum IRTR drawdown since its inception was -6.29%, smaller than the maximum IBIT drawdown of -52.98%. Use the drawdown chart below to compare losses from any high point for IRTR and IBIT.
Loading charts...
Drawdown Indicators
| IRTR | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.29% | -52.98% | +46.69% |
Max Drawdown (1Y)Largest decline over 1 year | -4.82% | -52.98% | +48.16% |
Current DrawdownCurrent decline from peak | -0.62% | -52.98% | +52.36% |
Average DrawdownAverage peak-to-trough decline | -0.78% | -16.97% | +16.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 30.94% | -29.83% |
Volatility
IRTR vs. IBIT - Volatility Comparison
The current volatility for iShares LifePath Retirement ETF (IRTR) is 2.44%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.43%. This indicates that IRTR 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
| IRTR | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.44% | 13.43% | -10.99% |
Volatility (6M)Calculated over the trailing 6-month period | 5.29% | 34.60% | -29.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.30% | 44.41% | -38.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.10% | 50.21% | -43.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.10% | 50.21% | -43.11% |
IRTR vs. IBIT - Expense Ratio Comparison
IRTR has a 0.08% 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
IRTR vs. IBIT - Dividend Comparison
IRTR's dividend yield for the trailing twelve months is around 3.00%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% |
IRTR iShares LifePath Retirement ETF | 3.00% | 3.03% | 3.03% | 0.85% |
Frequently Asked Questions
IRTR and IBIT have a correlation of 0.44, 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 IRTR (2.44%). In terms of maximum drawdown, IRTR dropped -6.29% vs IBIT's -52.98%.
On 1-year performance, IRTR leads with 12.19% vs -45.30% for IBIT. On fees, IRTR is cheaper at 0.08% per year. On volatility, IRTR has been the lower-risk option at 2.44%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IRTR has performed better with a 12.19% return vs -45.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IRTR is cheaper with a 0.08% expense ratio, compared with 0.25% for IBIT.
IRTR has the higher dividend yield at 3.00%, compared with 0.00% for IBIT.
IRTR is categorized as Target Retirement Date, while IBIT is Cryptocurrency. Their fees differ too: 0.08% for IRTR and 0.25% for IBIT.
IRTR currently has the higher Sharpe Ratio (1.94 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.
Find the right allocation for IRTR 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