IXG vs. IBIT
IXG (iShares Global Financials ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IXG is a Financials Equities fund tracking the S&P Global Financials Sector 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, IXG returned 19.12% vs -39.82% for IBIT. At a 0.32 correlation, their price movements are largely independent. IXG charges 0.46%/yr vs 0.25%/yr for IBIT.
Performance
IXG vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IXG achieves a 5.10% return, which is significantly higher than IBIT's -28.88% return.
IXG
- 1D
- -0.32%
- 1M
- 3.89%
- YTD
- 5.10%
- 6M
- 4.08%
- 1Y
- 19.12%
- 3Y*
- 24.83%
- 5Y*
- 13.10%
- 10Y*
- 13.25%
IBIT
- 1D
- -3.26%
- 1M
- -17.81%
- YTD
- -28.88%
- 6M
- -28.88%
- 1Y
- -39.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IXG vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IXG iShares Global Financials ETF | 5.10% | 28.54% | 26.18% |
IBIT iShares Bitcoin Trust ETF | -28.88% | -6.41% | 89.87% |
Correlation
The correlation between IXG and IBIT is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.32 |
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Return for Risk
IXG vs. IBIT — Risk / Return Rank
IXG
IBIT
IXG vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Financials ETF (IXG) 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.
| IXG | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.29 | ||
| Sortino ratioReturn per unit of downside risk | +3.29 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.86 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | -0.77 | +2.46 |
| Martin ratioReturn relative to average drawdown | 5.98 | -1.30 | +7.28 |
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Drawdowns
IXG vs. IBIT - Drawdown Comparison
The maximum IXG drawdown since its inception was -78.42%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for IXG and IBIT.
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Drawdown Indicators
| IXG | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.42% | -52.11% | -26.31% |
Max Drawdown (1Y)Largest decline over 1 year | -11.33% | -52.11% | +40.78% |
Max Drawdown (3Y)Largest decline over 3 years | -13.54% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.20% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -43.47% | — | — |
Current DrawdownCurrent decline from peak | -0.53% | -50.47% | +49.94% |
Average DrawdownAverage peak-to-trough decline | -19.71% | -16.85% | -2.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 30.58% | -27.38% |
Volatility
IXG vs. IBIT - Volatility Comparison
The current volatility for iShares Global Financials ETF (IXG) is 4.15%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.18%. This indicates that IXG 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
| IXG | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.15% | 13.18% | -9.03% |
Volatility (6M)Calculated over the trailing 6-month period | 11.32% | 34.64% | -23.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.90% | 44.31% | -30.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.34% | 50.22% | -32.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.94% | 50.22% | -30.28% |
IXG vs. IBIT - Expense Ratio Comparison
IXG has a 0.46% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
IXG vs. IBIT - Dividend Comparison
IXG's dividend yield for the trailing twelve months is around 2.26%, 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% |
IXG iShares Global Financials ETF | 2.26% | 2.04% | 2.64% | 2.62% | 3.71% | 1.69% | 2.13% | 2.87% | 3.14% | 2.12% | 2.21% | 2.79% |
Frequently Asked Questions
IXG and IBIT have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (13.18%) compared to IXG (4.15%). In terms of maximum drawdown, IXG dropped -78.42% vs IBIT's -52.11%.
On 1-year performance, IXG leads with 19.12% vs -39.82% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IXG has been the lower-risk option at 4.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IXG has performed better with a 19.12% return vs -39.82%. 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 0.46% for IXG.
IXG has the higher dividend yield at 2.26%, compared with 0.00% for IBIT.
IXG is categorized as Financials Equities, while IBIT is Cryptocurrency. IXG tracks S&P Global Financials Sector Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.46% for IXG and 0.25% for IBIT.
IXG currently has the higher Sharpe Ratio (1.38 vs -0.90), 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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