ISBG vs. BTC

Last updated Jun 4, 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 0.81 suggests significant overlap in exposure. 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: -4.94%
• 1M: -25.66%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTC

• 1D: -2.73%
• 1M: -18.40%
• YTD: -25.36%
• 6M: -29.74%
• 1Y: -38.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ISBG vs. BTC - Yearly Performance Comparison

	2026 (YTD)
ISBG IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF	-35.88%
BTC Grayscale Bitcoin Mini Trust ETF	-27.49%

Correlation

The correlation between ISBG and BTC is 0.81, 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 Jan 22, 2026	0.81

Return for Risk

ISBG vs. BTC — Risk / Return Rank

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

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) 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.

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.

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

Sharpe Ratios by Period

	ISBG	BTC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.94	-0.00	-0.94

Drawdowns

ISBG vs. BTC - Drawdown Comparison

The maximum ISBG drawdown since its inception was -41.46%, smaller than the maximum BTC drawdown of -49.34%. 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	-41.46%	-49.34%	+7.88%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.34%	—
Current Drawdown Current decline from peak	-41.46%	-47.98%	+6.52%
Average Drawdown Average peak-to-trough decline	-23.28%	-16.61%	-6.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	28.38%	—

Volatility

Volatility by Period

	ISBG	BTC	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	75.50%	43.69%	+31.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.50%	48.30%	+27.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.50%	48.30%	+27.20%

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 9.41%, 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	9.41%

Frequently Asked Questions

Can I hold both ISBG and BTC in my portfolio?

ISBG and BTC have a correlation of 0.81, 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 9.41%, 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.