IXN vs. IBIT

Last updated Aug 6, 2026

IXN (iShares Global Tech ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IXN is a Technology Equities fund tracking the S&P Global Information Technology 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, IXN returned 48.54% vs -43.08% for IBIT. Their 0.37 correlation means their historical movements had little consistent relationship. IXN charges 0.46%/yr vs 0.25%/yr for IBIT.

Performance

IXN vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Global Tech ETF (IXN) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IXN achieves a 33.42% return, which is significantly higher than IBIT's -26.00% return.

IXN

• 1D: -0.37%
• 1M: 0.32%
• 6M: 35.22%
• YTD: 33.42%
• 1Y: 48.54%
• 3Y*: 33.00%
• 5Y*: 19.73%
• 10Y*: 23.87%
• ALL TIME*: 12.45%

IBIT

• 1D: 0.96%
• 1M: 1.72%
• 6M: -11.62%
• YTD: -26.00%
• 1Y: -43.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 11.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IBIT iShares Bitcoin Trust ETF	$1.32B	$1.30B	$1.64B
IXN iShares Global Tech ETF	$56.69M	$54.99M	$67.33M

IXN vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IXN iShares Global Tech ETF	33.42%	25.25%	26.49%
IBIT iShares Bitcoin Trust ETF	-26.00%	-6.41%	89.87%

Correlation

The correlation between IXN and IBIT is 0.47, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.47
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.37

Return for Risk

IXN vs. IBIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IXN

IXN Risk / Return Rank: 66
IXN Sharpe Ratio Rank: 66
IXN Sortino Ratio Rank: 61
IXN Omega Ratio Rank: 60
IXN Calmar Ratio Rank: 76
IXN Martin Ratio Rank: 66

IBIT

IBIT Risk / Return Rank: 2
IBIT Sharpe Ratio Rank: 2
IBIT Sortino Ratio Rank: 2
IBIT Omega Ratio Rank: 2
IBIT Calmar Ratio Rank: 3
IBIT Martin Ratio Rank: 3

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IXN vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Global Tech ETF (IXN) 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.

	IXN	IBIT	Difference
Sharpe ratio: Return per unit of total volatility	1.77	-0.97	+2.74
Sortino ratio: Return per unit of downside risk	2.33	-1.41	+3.74
Omega ratio: Gain probability vs. loss probability	1.30	0.84	+0.45
Calmar ratio: Return relative to maximum drawdown	3.03	-0.81	+3.84
Martin ratio: Return relative to average drawdown	9.19	-1.23	+10.42

IXN vs. IBIT - Sharpe Ratio Comparison

The current IXN Sharpe Ratio is 1.77, which is higher than the IBIT Sharpe Ratio of -0.97. The chart below compares the historical Sharpe Ratios of IXN and IBIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

IXN vs. IBIT - Drawdown Comparison

The maximum IXN drawdown since its inception was -55.67%, roughly equal to the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for IXN and IBIT.

Drawdown Indicators

	IXN	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-55.67%	-53.30%	-2.37%
Max Drawdown (1Y) Largest decline over 1 year	-16.09%	-53.30%	+37.21%
Max Drawdown (3Y) Largest decline over 3 years	-25.55%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.30%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.30%	—	—
Current Drawdown Current decline from peak	-6.45%	-48.46%	+42.01%
Average Drawdown Average peak-to-trough decline	-11.24%	-18.39%	+7.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.30%	35.07%	-29.77%

Volatility

IXN vs. IBIT - Volatility Comparison

iShares Global Tech ETF (IXN) has a higher volatility of 10.58% compared to iShares Bitcoin Trust ETF (IBIT) at 8.34%. This indicates that IXN's price experiences larger fluctuations and is considered to be riskier than IBIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IXN	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.58%	8.34%	+2.24%
Volatility (6M) Calculated over the trailing 6-month period	24.00%	33.03%	-9.03%
Volatility (1Y) Calculated over the trailing 1-year period	27.65%	44.38%	-16.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.97%	49.50%	-23.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.92%	49.50%	-24.58%

IXN vs. IBIT - Expense Ratio Comparison

IXN has a 0.46% expense ratio, which is higher than IBIT's 0.25% expense ratio.

Dividends

IXN vs. IBIT - Dividend Comparison

IXN's dividend yield for the trailing twelve months is around 0.78%, 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%
IXN iShares Global Tech ETF	0.78%	1.04%	0.43%	0.55%	0.81%	0.58%	0.63%	1.06%	0.94%	0.93%	1.03%	1.12%

Frequently Asked Questions

Can I hold both IXN and IBIT in my portfolio?

IXN and IBIT have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IXN or IBIT?

IXN has higher volatility (10.58%) compared to IBIT (8.34%). In terms of maximum drawdown, IXN dropped -55.67% vs IBIT's -53.30%.

Which ETF is better, IXN or IBIT?

On 1-year performance, IXN leads with 48.54% vs -43.08% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IBIT has been the lower-risk option at 8.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IXN or IBIT?

Over the 1-year period, IXN has performed better with a 48.54% return vs -43.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IXN or IBIT?

IBIT is cheaper with a 0.25% expense ratio, compared with 0.46% for IXN.

Which ETF pays a higher dividend yield, IXN or IBIT?

IXN has the higher dividend yield at 0.78%, compared with 0.00% for IBIT.

What is the main difference between IXN and IBIT?

IXN is categorized as Technology Equities, while IBIT is Cryptocurrency. IXN tracks S&P Global Information Technology Sector Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.46% for IXN and 0.25% for IBIT.

Which has better risk-adjusted returns?

IXN currently has the higher Sharpe Ratio (1.77 vs -0.97), 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.