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 16.93% vs -47.60% for IBIT. At a 0.13 correlation, their price movements are largely independent. IXJ charges 0.40%/yr vs 0.25%/yr for IBIT.
Performance
IXJ vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IXJ achieves a 2.76% return, which is significantly higher than IBIT's -29.06% return.
IXJ
- 1D
- 0.00%
- 1M
- 3.99%
- 6M
- 0.43%
- YTD
- 2.76%
- 1Y
- 16.93%
- 3Y*
- 7.13%
- 5Y*
- 4.65%
- 10Y*
- 8.33%
IBIT
- 1D
- -2.79%
- 1M
- -2.28%
- 6M
- -32.10%
- YTD
- -29.06%
- 1Y
- -47.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IXJ vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IXJ iShares Global Healthcare ETF | 2.76% | 14.99% | -2.76% |
IBIT iShares Bitcoin Trust ETF | -29.06% | -6.41% | 89.87% |
Correlation
The correlation between IXJ and IBIT is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.13 |
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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 | +2.19 | ||
| Sortino ratioReturn per unit of downside risk | +3.43 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 0.82 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | -0.90 | +2.47 |
| Martin ratioReturn relative to average drawdown | 3.71 | -1.46 | +5.17 |
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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.
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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 | -2.36% | -50.60% | +48.24% |
Average DrawdownAverage peak-to-trough decline | -6.91% | -17.56% | +10.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.57% | 32.72% | -28.15% |
Volatility
IXJ vs. IBIT - Volatility Comparison
The current volatility for iShares Global Healthcare ETF (IXJ) is 5.29%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 11.51%. 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.
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Volatility by Period
| IXJ | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 11.51% | -6.22% |
Volatility (6M)Calculated over the trailing 6-month period | 11.19% | 34.79% | -23.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.38% | 44.38% | -29.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.42% | 49.97% | -35.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.70% | 49.97% | -34.27% |
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 1.46%, 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 | 1.46% | 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 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (11.51%) compared to IXJ (5.29%). In terms of maximum drawdown, IXJ dropped -40.60% vs IBIT's -53.30%.
On 1-year performance, IXJ leads with 16.93% vs -47.60% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IXJ has been the lower-risk option at 5.29%. 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 16.93% return vs -47.60%. 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 1.46%, 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 (1.11 vs -1.08), 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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