ITDD vs. SBIT
ITDD (Ishares Lifepath Target Date 2040 ETF) and SBIT (Proshares Ultrashort Bitcoin ETF) are both exchange-traded funds - ITDD is a Target Retirement Date fund actively managed by iShares, while SBIT is a Cryptocurrency fund tracking the Bloomberg Bitcoin Index (-200%). ITDD is actively managed, while SBIT is passively managed. Over the past year, ITDD returned 17.97% vs 98.77% for SBIT. Their -0.42 correlation means they have often moved in opposite directions in the past. ITDD charges 0.11%/yr vs 0.95%/yr for SBIT.
Performance
ITDD vs. SBIT - Performance Comparison
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Returns By Period
In the year-to-date period, ITDD achieves a 8.72% return, which is significantly lower than SBIT's 39.44% return.
ITDD
- 1D
- 0.10%
- 1M
- -0.42%
- 6M
- 6.04%
- YTD
- 8.72%
- 1Y
- 17.97%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 19.27%
SBIT
- 1D
- 5.60%
- 1M
- -6.04%
- 6M
- 32.41%
- YTD
- 39.44%
- 1Y
- 98.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -42.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $667.07K | $567.21K | $682.84K | |
| $29.57M | $32.71M | $46.48M |
ITDD vs. SBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
ITDD Ishares Lifepath Target Date 2040 ETF | 8.72% | 17.66% | 7.54% |
SBIT Proshares Ultrashort Bitcoin ETF | 39.44% | -25.11% | -73.74% |
Correlation
The correlation between ITDD and SBIT is -0.48, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.48 |
Correlation (All Time) Calculated using the full available price history since Apr 2, 2024 | -0.42 |
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Return for Risk
ITDD vs. SBIT — Risk / Return Rank
ITDD
SBIT
ITDD vs. SBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2040 ETF (ITDD) and Proshares Ultrashort Bitcoin ETF (SBIT). 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 | SBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.40 | ||
| Sortino ratioReturn per unit of downside risk | +0.41 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.23 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 2.35 | -0.02 |
| Martin ratioReturn relative to average drawdown | 9.79 | 5.19 | +4.60 |
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Drawdowns
ITDD vs. SBIT - Drawdown Comparison
The maximum ITDD drawdown since its inception was -12.46%, smaller than the maximum SBIT drawdown of -91.35%. Use the drawdown chart below to compare losses from any high point for ITDD and SBIT.
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Drawdown Indicators
| ITDD | SBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.46% | -91.35% | +78.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.56% | -47.94% | +40.38% |
Current DrawdownCurrent decline from peak | -1.14% | -77.87% | +76.73% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -69.07% | +67.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 21.67% | -19.88% |
Volatility
ITDD vs. SBIT - Volatility Comparison
The current volatility for Ishares Lifepath Target Date 2040 ETF (ITDD) is 3.04%, while Proshares Ultrashort Bitcoin ETF (SBIT) has a volatility of 18.09%. This indicates that ITDD experiences smaller price fluctuations and is considered to be less risky than SBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ITDD | SBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.04% | 18.09% | -15.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.91% | 67.10% | -58.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.57% | 88.65% | -78.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.49% | 96.10% | -84.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.49% | 96.10% | -84.61% |
ITDD vs. SBIT - Expense Ratio Comparison
ITDD has a 0.11% expense ratio, which is lower than SBIT's 0.95% expense ratio.
Dividends
ITDD vs. SBIT - Dividend Comparison
ITDD's dividend yield for the trailing twelve months is around 1.68%, less than SBIT's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
ITDD Ishares Lifepath Target Date 2040 ETF | 1.68% | 1.82% | 1.56% | 0.89% |
SBIT Proshares Ultrashort Bitcoin ETF | 4.03% | 0.52% | 1.00% | 0.00% |
Frequently Asked Questions
ITDD and SBIT 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.
SBIT has higher volatility (18.09%) compared to ITDD (3.04%). In terms of maximum drawdown, ITDD dropped -12.46% vs SBIT's -91.35%.
On 1-year performance, SBIT leads with 98.77% vs 17.97% for ITDD. On fees, ITDD is cheaper at 0.11% per year. On volatility, ITDD has been the lower-risk option at 3.04%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SBIT has performed better with a 98.77% return vs 17.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ITDD is cheaper with a 0.11% expense ratio, compared with 0.95% for SBIT.
SBIT has the higher dividend yield at 4.03%, compared with 1.68% for ITDD.
ITDD is categorized as Target Retirement Date, while SBIT is Cryptocurrency. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.11% for ITDD and 0.95% for SBIT.
ITDD currently has the higher Sharpe Ratio (1.67 vs 1.27), 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.
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