ISBG vs. BTC

Last updated Aug 5, 2026

ISBG (IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF) and BTC (Grayscale Bitcoin Mini Trust ETF) are both Cryptocurrency funds. Both are actively managed. Their correlation of 0.85 means they have usually moved in the same direction. ISBG charges 1.14%/yr vs 0.15%/yr for BTC.

Performance

ISBG vs. BTC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF (ISBG) and Grayscale Bitcoin Mini Trust ETF (BTC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ISBG

• 1D: 2.24%
• 1M: 1.97%
• 6M: -42.12%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BTC

• 1D: 0.60%
• 1M: 4.49%
• 6M: -15.95%
• YTD: -26.67%
• 1Y: -44.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -1.87%

*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)
BTC Grayscale Bitcoin Mini Trust ETF	$39.83M	$40.30M	$54.51M
ISBG IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF	$52.86K	$52.97K	$134.82K

ISBG vs. BTC - Yearly Performance Comparison

	2026 (YTD)
ISBG IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF	-50.39%
BTC Grayscale Bitcoin Mini Trust ETF	-28.32%

Correlation

The correlation between ISBG and BTC is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 21, 2026	0.85

Return for Risk

ISBG vs. BTC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ISBG

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

BTC

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ISBG vs. BTC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF (ISBG) and Grayscale Bitcoin Mini Trust ETF (BTC). 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.

	ISBG	BTC	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.00	—
Sortino ratio: Return per unit of downside risk	—	-1.47	—
Omega ratio: Gain probability vs. loss probability	—	0.84	—
Calmar ratio: Return relative to maximum drawdown	—	-0.83	—
Martin ratio: Return relative to average drawdown	—	-1.27	—

Drawdowns

ISBG vs. BTC - Drawdown Comparison

The maximum ISBG drawdown since its inception was -59.16%, which is greater than BTC's maximum drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for ISBG and BTC.

Drawdown Indicators

	ISBG	BTC	Difference
Max Drawdown Largest peak-to-trough decline	-59.16%	-53.30%	-5.86%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.30%	—
Current Drawdown Current decline from peak	-54.64%	-48.89%	-5.75%
Average Drawdown Average peak-to-trough decline	-32.51%	-19.50%	-13.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	34.87%	—

Volatility

Volatility by Period

	ISBG	BTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	72.13%	44.32%	+27.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.13%	47.45%	+24.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.13%	47.45%	+24.68%

ISBG vs. BTC - Expense Ratio Comparison

ISBG has a 1.14% expense ratio, which is higher than BTC's 0.15% expense ratio.

Dividends

ISBG vs. BTC - Dividend Comparison

ISBG's dividend yield for the trailing twelve months is around 15.81%, while BTC has not paid dividends to shareholders.

Position	TTM
BTC Grayscale Bitcoin Mini Trust ETF	0.00%
ISBG IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF	15.81%

Frequently Asked Questions

Can I hold both ISBG and BTC in my portfolio?

ISBG and BTC have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ISBG or BTC?

On fees, BTC is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ISBG or BTC?

BTC is cheaper with a 0.15% expense ratio, compared with 1.14% for ISBG.

Which ETF pays a higher dividend yield, ISBG or BTC?

ISBG has the higher dividend yield at 15.81%, compared with 0.00% for BTC.

What is the main difference between ISBG and BTC?

They also come from different issuers: Quantify Funds and Grayscale. Their fees differ too: 1.14% for ISBG and 0.15% for BTC.