ITDD vs. IBIT

Last updated Jul 17, 2026

ITDD (Ishares Lifepath Target Date 2040 ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - ITDD 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. ITDD is actively managed, while IBIT is passively managed. Over the past year, ITDD returned 18.20% vs -46.35% for IBIT. At a 0.41 correlation, their price movements are largely independent. ITDD charges 0.11%/yr vs 0.25%/yr for IBIT.

Performance

ITDD vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2040 ETF (ITDD) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITDD achieves a 8.97% return, which is significantly higher than IBIT's -26.71% return.

ITDD

• 1D: -0.48%
• 1M: -0.51%
• 6M: 6.58%
• YTD: 8.97%
• 1Y: 18.20%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIT

• 1D: -1.14%
• 1M: -2.10%
• 6M: -32.61%
• YTD: -26.71%
• 1Y: -46.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITDD vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ITDD Ishares Lifepath Target Date 2040 ETF	8.97%	17.66%	13.80%
IBIT iShares Bitcoin Trust ETF	-26.71%	-6.41%	89.87%

Correlation

The correlation between ITDD and IBIT is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.41

Return for Risk

ITDD vs. IBIT — Risk / Return Rank

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

ITDD

ITDD Risk / Return Rank: 67
ITDD Sharpe Ratio Rank: 68
ITDD Sortino Ratio Rank: 69
ITDD Omega Ratio Rank: 68
ITDD Calmar Ratio Rank: 61
ITDD Martin Ratio Rank: 71

IBIT

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

ITDD vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2040 ETF (ITDD) 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.

	ITDD	IBIT	Difference
Sharpe ratio: Return per unit of total volatility	1.77	-1.05	+2.82
Sortino ratio: Return per unit of downside risk	2.49	-1.59	+4.08
Omega ratio: Gain probability vs. loss probability	1.32	0.82	+0.50
Calmar ratio: Return relative to maximum drawdown	2.42	-0.87	+3.29
Martin ratio: Return relative to average drawdown	10.32	-1.40	+11.72

ITDD vs. IBIT - Sharpe Ratio Comparison

The current ITDD Sharpe Ratio is 1.77, which is higher than the IBIT Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of ITDD and IBIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ITDD vs. IBIT - Drawdown Comparison

The maximum ITDD drawdown since its inception was -12.46%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for ITDD and IBIT.

Drawdown Indicators

	ITDD	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-12.46%	-53.30%	+40.84%
Max Drawdown (1Y) Largest decline over 1 year	-7.56%	-53.30%	+45.74%
Current Drawdown Current decline from peak	-0.91%	-48.95%	+48.04%
Average Drawdown Average peak-to-trough decline	-1.24%	-17.71%	+16.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	33.14%	-31.37%

Volatility

ITDD vs. IBIT - Volatility Comparison

The current volatility for Ishares Lifepath Target Date 2040 ETF (ITDD) is 2.82%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 10.89%. This indicates that ITDD 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.

Volatility by Period

	ITDD	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.82%	10.89%	-8.07%
Volatility (6M) Calculated over the trailing 6-month period	8.72%	34.83%	-26.11%
Volatility (1Y) Calculated over the trailing 1-year period	10.34%	44.38%	-34.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.49%	49.92%	-38.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.49%	49.92%	-38.43%

ITDD vs. IBIT - Expense Ratio Comparison

ITDD has a 0.11% 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

ITDD vs. IBIT - Dividend Comparison

ITDD's dividend yield for the trailing twelve months is around 1.67%, 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%
ITDD Ishares Lifepath Target Date 2040 ETF	1.67%	1.82%	1.56%	0.89%

Frequently Asked Questions

Can I hold both ITDD and IBIT in my portfolio?

ITDD and IBIT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITDD or IBIT?

IBIT has higher volatility (10.89%) compared to ITDD (2.82%). In terms of maximum drawdown, ITDD dropped -12.46% vs IBIT's -53.30%.

Which ETF is better, ITDD or IBIT?

On 1-year performance, ITDD leads with 18.20% vs -46.35% for IBIT. On fees, ITDD is cheaper at 0.11% per year. On volatility, ITDD has been the lower-risk option at 2.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITDD or IBIT?

Over the 1-year period, ITDD has performed better with a 18.20% return vs -46.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITDD or IBIT?

ITDD is cheaper with a 0.11% expense ratio, compared with 0.25% for IBIT.

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

ITDD has the higher dividend yield at 1.67%, compared with 0.00% for IBIT.

What is the main difference between ITDD and IBIT?

ITDD is categorized as Target Retirement Date, while IBIT is Cryptocurrency. Their fees differ too: 0.11% for ITDD and 0.25% for IBIT.

Which has better risk-adjusted returns?

ITDD currently has the higher Sharpe Ratio (1.77 vs -1.05), 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.