IXJ vs. IBIT
IXJ (iShares Global Healthcare ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IXJ is a Health & Biotech Equities fund tracking the S&P Global 1200 Health Care (Sector) Capped 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, IXJ returned 21.78% vs -44.50% for IBIT. Their 0.12 correlation means their historical movements had little consistent relationship. IXJ charges 0.40%/yr vs 0.25%/yr for IBIT.
Performance
IXJ vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IXJ achieves a 3.85% return, which is significantly higher than IBIT's -28.22% return.
IXJ
- 1D
- -0.97%
- 1M
- -1.26%
- 6M
- 2.41%
- YTD
- 3.85%
- 1Y
- 21.78%
- 3Y*
- 7.07%
- 5Y*
- 4.53%
- 10Y*
- 8.22%
- ALL TIME*
- 7.37%
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 | |
| $16.06M | $16.61M | $23.38M |
IXJ vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IXJ iShares Global Healthcare ETF | 3.85% | 14.99% | -2.76% |
IBIT iShares Bitcoin Trust ETF | -28.22% | -6.41% | 89.87% |
Correlation
The correlation between IXJ and IBIT is 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.12 |
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
IXJ vs. IBIT — Risk / Return Rank
IXJ
IBIT
IXJ vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Healthcare ETF (IXJ) 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.
| IXJ | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.54 | ||
| Sortino ratioReturn per unit of downside risk | +3.95 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 0.83 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | -0.87 | +2.97 |
| Martin ratioReturn relative to average drawdown | 4.99 | -1.34 | +6.33 |
Loading charts...
Drawdowns
IXJ vs. IBIT - Drawdown Comparison
The maximum IXJ drawdown since its inception was -40.60%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for IXJ and IBIT.
Loading charts...
Drawdown Indicators
| IXJ | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.60% | -53.30% | +12.70% |
Max Drawdown (1Y)Largest decline over 1 year | -10.78% | -53.30% | +42.52% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.35% | — | — |
Current DrawdownCurrent decline from peak | -2.52% | -50.01% | +47.49% |
Average DrawdownAverage peak-to-trough decline | -6.90% | -18.24% | +11.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.52% | 34.66% | -30.14% |
Volatility
IXJ vs. IBIT - Volatility Comparison
The current volatility for iShares Global Healthcare ETF (IXJ) is 5.66%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.21%. This indicates that IXJ 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
| IXJ | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.66% | 9.21% | -3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 11.61% | 33.74% | -22.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.38% | 44.46% | -29.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.50% | 49.60% | -35.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.74% | 49.60% | -33.86% |
IXJ vs. IBIT - Expense Ratio Comparison
IXJ has a 0.40% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
IXJ vs. IBIT - Dividend Comparison
IXJ's dividend yield for the trailing twelve months is around 1.44%, 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% |
IXJ iShares Global Healthcare ETF | 1.44% | 1.40% | 1.50% | 1.38% | 1.17% | 1.12% | 1.27% | 1.42% | 2.11% | 1.46% | 1.73% | 2.85% |
Frequently Asked Questions
IXJ and IBIT have a correlation of 0.10, 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 IXJ (5.66%). In terms of maximum drawdown, IXJ dropped -40.60% vs IBIT's -53.30%.
On 1-year performance, IXJ leads with 21.78% vs -44.50% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IXJ has been the lower-risk option at 5.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IXJ has performed better with a 21.78% return vs -44.50%. 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 0.40% for IXJ.
IXJ has the higher dividend yield at 1.44%, compared with 0.00% for IBIT.
IXJ is categorized as Health & Biotech Equities, while IBIT is Cryptocurrency. IXJ tracks S&P Global 1200 Health Care (Sector) Capped Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.40% for IXJ and 0.25% for IBIT.
IXJ currently has the higher Sharpe Ratio (1.50 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 IXJ 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