ISZE vs. IBIT

Last updated Aug 2, 2026

ISZE (iShares Edge MSCI Intl Size Factor ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - ISZE is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Risk Weighted Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Their 0.09 correlation means their historical movements had little consistent relationship. ISZE charges 0.30%/yr vs 0.25%/yr for IBIT.

Performance

ISZE vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Edge MSCI Intl Size Factor ETF (ISZE) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ISZE

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

IBIT

• 1D: -2.89%
• 1M: 2.21%
• 6M: -24.95%
• YTD: -28.22%
• 1Y: -44.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.01%

*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)
IBIT iShares Bitcoin Trust ETF	$1.30B	$1.34B	$1.68B

ISZE vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ISZE iShares Edge MSCI Intl Size Factor ETF	0.00%	0.00%	0.80%
IBIT iShares Bitcoin Trust ETF	-28.22%	-6.41%	89.87%

Correlation

The correlation between ISZE and IBIT is 0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.09

Return for Risk

ISZE vs. IBIT — Risk / Return Rank

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

ISZE

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

IBIT

IBIT Risk / Return Rank: 1
IBIT Sharpe Ratio Rank: 1
IBIT Sortino Ratio Rank: 1
IBIT Omega Ratio Rank: 2
IBIT Calmar Ratio Rank: 2
IBIT Martin Ratio Rank: 1

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.

ISZE vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Intl Size Factor ETF (ISZE) 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.

	ISZE	IBIT	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.04	—
Sortino ratio: Return per unit of downside risk	—	-1.57	—
Omega ratio: Gain probability vs. loss probability	—	0.83	—
Calmar ratio: Return relative to maximum drawdown	—	-0.87	—
Martin ratio: Return relative to average drawdown	—	-1.34	—

Drawdowns

Drawdown Indicators

	ISZE	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	—	-53.30%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-53.30%	—
Current Drawdown Current decline from peak	—	-50.01%	—
Average Drawdown Average peak-to-trough decline	—	-18.24%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	34.66%	—

Volatility

Volatility by Period

	ISZE	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	44.46%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	49.60%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	49.60%	—

ISZE vs. IBIT - Expense Ratio Comparison

ISZE has a 0.30% expense ratio, which is higher than IBIT's 0.25% expense ratio.

Dividends

ISZE vs. IBIT - Dividend Comparison

Neither ISZE nor IBIT has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ISZE iShares Edge MSCI Intl Size Factor ETF	0.00%	0.00%	1.89%	6.63%	2.72%	8.47%	1.39%	2.24%	3.04%	3.33%	3.18%	1.09%

Frequently Asked Questions

Can I hold both ISZE and IBIT in my portfolio?

ISZE and IBIT have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ISZE or IBIT?

On fees, IBIT is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ISZE or IBIT?

IBIT is cheaper with a 0.25% expense ratio, compared with 0.30% for ISZE.

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

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

What is the main difference between ISZE and IBIT?

ISZE is categorized as Foreign Large Cap Equities, while IBIT is Cryptocurrency. ISZE tracks MSCI World ex USA Risk Weighted Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.30% for ISZE and 0.25% for IBIT.