IVVB vs. IBIT
IVVB (iShares Large Cap Deep Buffer ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IVVB is a Options Trading fund actively managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. IVVB is actively managed, while IBIT is passively managed. Over the past year, IVVB returned 13.63% vs -43.69% for IBIT. Their 0.39 correlation means their historical movements had little consistent relationship. IVVB charges 0.50%/yr vs 0.25%/yr for IBIT.
Performance
IVVB vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IVVB achieves a 5.99% return, which is significantly higher than IBIT's -27.17% return.
IVVB
- 1D
- 0.95%
- 1M
- 1.30%
- 6M
- 4.20%
- YTD
- 5.99%
- 1Y
- 13.63%
- 3Y*
- 12.04%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 11.87%
IBIT
- 1D
- 1.46%
- 1M
- 3.70%
- 6M
- -18.23%
- YTD
- -27.17%
- 1Y
- -43.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.33B | $1.34B | $1.65B | |
| $481.69K | $525.72K | $902.08K |
IVVB vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IVVB iShares Large Cap Deep Buffer ETF | 5.99% | 9.60% | 18.37% |
IBIT iShares Bitcoin Trust ETF | -27.17% | -6.41% | 89.87% |
Correlation
The correlation between IVVB and IBIT is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.39 |
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Return for Risk
IVVB vs. IBIT — Risk / Return Rank
IVVB
IBIT
IVVB vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Large Cap Deep Buffer ETF (IVVB) 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.
| IVVB | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.77 | ||
| Sortino ratioReturn per unit of downside risk | +3.95 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.84 | +0.49 |
| Calmar ratioReturn relative to maximum drawdown | 2.38 | -0.82 | +3.21 |
| Martin ratioReturn relative to average drawdown | 9.97 | -1.26 | +11.23 |
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Drawdowns
IVVB vs. IBIT - Drawdown Comparison
The maximum IVVB drawdown since its inception was -13.08%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for IVVB and IBIT.
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Drawdown Indicators
| IVVB | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.08% | -53.30% | +40.22% |
Max Drawdown (1Y)Largest decline over 1 year | -5.75% | -53.30% | +47.55% |
Max Drawdown (3Y)Largest decline over 3 years | -13.08% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -49.28% | +49.28% |
Average DrawdownAverage peak-to-trough decline | -1.55% | -18.29% | +16.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 34.80% | -33.43% |
Volatility
IVVB vs. IBIT - Volatility Comparison
The current volatility for iShares Large Cap Deep Buffer ETF (IVVB) is 2.57%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 8.98%. This indicates that IVVB 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.
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Volatility by Period
| IVVB | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.57% | 8.98% | -6.41% |
Volatility (6M)Calculated over the trailing 6-month period | 5.53% | 33.79% | -28.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.70% | 44.48% | -36.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.20% | 49.57% | -40.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.20% | 49.57% | -40.37% |
IVVB vs. IBIT - Expense Ratio Comparison
IVVB has a 0.50% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
IVVB vs. IBIT - Dividend Comparison
IVVB's dividend yield for the trailing twelve months is around 1.16%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% |
IVVB iShares Large Cap Deep Buffer ETF | 1.16% | 1.22% | 0.87% |
Frequently Asked Questions
IVVB and IBIT have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (8.98%) compared to IVVB (2.57%). In terms of maximum drawdown, IVVB dropped -13.08% vs IBIT's -53.30%.
On 1-year performance, IVVB leads with 13.63% vs -43.69% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IVVB has been the lower-risk option at 2.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IVVB has performed better with a 13.63% return vs -43.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.50% for IVVB.
IVVB has the higher dividend yield at 1.16%, compared with 0.00% for IBIT.
IVVB is categorized as Options Trading, while IBIT is Cryptocurrency. Their fees differ too: 0.50% for IVVB and 0.25% for IBIT.
IVVB currently has the higher Sharpe Ratio (1.78 vs -0.99), 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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