IVE vs. IBIT
IVE (iShares S&P 500 Value ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IVE is a Large Cap Value Equities fund tracking the S&P 500 Value Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, IVE returned 21.16% vs -44.50% for IBIT. Their 0.32 correlation means their historical movements had little consistent relationship. IVE charges 0.18%/yr vs 0.25%/yr for IBIT.
Performance
IVE vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IVE achieves a 10.10% return, which is significantly higher than IBIT's -28.22% return.
IVE
- 1D
- -0.19%
- 1M
- 0.66%
- 6M
- 7.48%
- YTD
- 10.10%
- 1Y
- 21.16%
- 3Y*
- 13.76%
- 5Y*
- 11.36%
- 10Y*
- 11.78%
- ALL TIME*
- 7.63%
IBIT
- 1D
- -2.89%
- 1M
- 2.21%
- 6M
- -24.95%
- YTD
- -28.22%
- 1Y
- -44.50%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.30B | $1.34B | $1.68B | |
| $168.69M | $149.09M | $229.92M |
IVE vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IVE iShares S&P 500 Value ETF | 10.10% | 13.02% | 11.94% |
IBIT iShares Bitcoin Trust ETF | -28.22% | -6.41% | 89.87% |
Correlation
The correlation between IVE and IBIT is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.32 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IVE vs. IBIT — Risk / Return Rank
IVE
IBIT
IVE vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares S&P 500 Value ETF (IVE) 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.
| IVE | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.03 | ||
| Sortino ratioReturn per unit of downside risk | +4.36 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.83 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 3.18 | -0.87 | +4.05 |
| Martin ratioReturn relative to average drawdown | 12.27 | -1.34 | +13.60 |
Loading charts...
Drawdowns
IVE vs. IBIT - Drawdown Comparison
The maximum IVE drawdown since its inception was -61.32%, which is greater than IBIT's maximum drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for IVE and IBIT.
Loading charts...
Drawdown Indicators
| IVE | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.32% | -53.30% | -8.02% |
Max Drawdown (1Y)Largest decline over 1 year | -6.19% | -53.30% | +47.11% |
Max Drawdown (3Y)Largest decline over 3 years | -17.58% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.04% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -37.04% | — | — |
Current DrawdownCurrent decline from peak | -1.16% | -50.01% | +48.85% |
Average DrawdownAverage peak-to-trough decline | -10.04% | -18.24% | +8.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.60% | 34.66% | -33.06% |
Volatility
IVE vs. IBIT - Volatility Comparison
The current volatility for iShares S&P 500 Value ETF (IVE) is 2.67%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.21%. This indicates that IVE 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.
Loading charts...
Volatility by Period
| IVE | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.67% | 9.21% | -6.54% |
Volatility (6M)Calculated over the trailing 6-month period | 7.13% | 33.74% | -26.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.93% | 44.46% | -34.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.31% | 49.60% | -35.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.89% | 49.60% | -32.71% |
IVE vs. IBIT - Expense Ratio Comparison
IVE has a 0.18% 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
IVE vs. IBIT - Dividend Comparison
IVE's dividend yield for the trailing twelve months is around 1.53%, while IBIT has not 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% |
IVE iShares S&P 500 Value ETF | 1.53% | 1.61% | 2.04% | 1.65% | 2.10% | 1.81% | 2.37% | 2.11% | 2.74% | 2.12% | 2.26% | 2.44% |
Frequently Asked Questions
IVE and IBIT have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (9.21%) compared to IVE (2.67%). In terms of maximum drawdown, IVE dropped -61.32% vs IBIT's -53.30%.
On 1-year performance, IVE leads with 21.16% vs -44.50% for IBIT. On fees, IVE is cheaper at 0.18% per year. On volatility, IVE has been the lower-risk option at 2.67%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IVE has performed better with a 21.16% return vs -44.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IVE is cheaper with a 0.18% expense ratio, compared with 0.25% for IBIT.
IVE has the higher dividend yield at 1.53%, compared with 0.00% for IBIT.
IVE is categorized as Large Cap Value Equities, while IBIT is Cryptocurrency. IVE tracks S&P 500 Value Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.18% for IVE and 0.25% for IBIT.
IVE currently has the higher Sharpe Ratio (1.99 vs -1.04), 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.
Find the right allocation for IVE and IBIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer