IYG vs. IBIT
IYG (iShares U.S. Financial Services ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IYG is a Financials Equities fund tracking the Dow Jones U.S. Financial Services TR, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, IYG returned 9.42% vs -43.61% for IBIT. At a 0.31 correlation, their price movements are largely independent. IYG charges 0.42%/yr vs 0.25%/yr for IBIT.
Performance
IYG vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IYG achieves a -1.05% return, which is significantly higher than IBIT's -31.78% return.
IYG
- 1D
- -0.52%
- 1M
- 3.92%
- YTD
- -1.05%
- 6M
- -2.97%
- 1Y
- 9.42%
- 3Y*
- 22.91%
- 5Y*
- 9.46%
- 10Y*
- 14.99%
IBIT
- 1D
- -4.08%
- 1M
- -21.16%
- YTD
- -31.78%
- 6M
- -31.52%
- 1Y
- -43.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IYG vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IYG iShares U.S. Financial Services ETF | -1.05% | 19.85% | 32.25% |
IBIT iShares Bitcoin Trust ETF | -31.78% | -6.41% | 89.87% |
Correlation
The correlation between IYG and IBIT is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.31 |
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Return for Risk
IYG vs. IBIT — Risk / Return Rank
IYG
IBIT
IYG vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Financial Services ETF (IYG) 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.
| IYG | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +2.36 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.84 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 0.59 | -0.83 | +1.43 |
| Martin ratioReturn relative to average drawdown | 1.51 | -1.42 | +2.93 |
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Drawdowns
IYG vs. IBIT - Drawdown Comparison
The maximum IYG drawdown since its inception was -81.84%, which is greater than IBIT's maximum drawdown of -52.49%. Use the drawdown chart below to compare losses from any high point for IYG and IBIT.
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Drawdown Indicators
| IYG | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.84% | -52.49% | -29.35% |
Max Drawdown (1Y)Largest decline over 1 year | -15.90% | -52.49% | +36.59% |
Max Drawdown (3Y)Largest decline over 3 years | -18.54% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.62% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -44.32% | — | — |
Current DrawdownCurrent decline from peak | -4.50% | -52.49% | +47.99% |
Average DrawdownAverage peak-to-trough decline | -20.71% | -16.91% | -3.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.23% | 30.76% | -24.53% |
Volatility
IYG vs. IBIT - Volatility Comparison
The current volatility for iShares U.S. Financial Services ETF (IYG) is 4.46%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.48%. This indicates that IYG 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
| IYG | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 13.48% | -9.02% |
Volatility (6M)Calculated over the trailing 6-month period | 12.15% | 34.60% | -22.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.59% | 44.48% | -28.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.42% | 50.25% | -29.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.44% | 50.25% | -26.81% |
IYG vs. IBIT - Expense Ratio Comparison
IYG has a 0.42% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
IYG vs. IBIT - Dividend Comparison
IYG's dividend yield for the trailing twelve months is around 1.09%, 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% |
IYG iShares U.S. Financial Services ETF | 1.09% | 1.00% | 1.16% | 1.77% | 2.07% | 1.25% | 1.71% | 1.59% | 1.81% | 1.24% | 1.28% | 1.33% |
Frequently Asked Questions
IYG and IBIT have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (13.48%) compared to IYG (4.46%). In terms of maximum drawdown, IYG dropped -81.84% vs IBIT's -52.49%.
On 1-year performance, IYG leads with 9.42% vs -43.61% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IYG has been the lower-risk option at 4.46%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IYG has performed better with a 9.42% return vs -43.61%. 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 0.42% for IYG.
IYG has the higher dividend yield at 1.09%, compared with 0.00% for IBIT.
IYG is categorized as Financials Equities, while IBIT is Cryptocurrency. IYG tracks Dow Jones U.S. Financial Services TR, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.42% for IYG and 0.25% for IBIT.
IYG currently has the higher Sharpe Ratio (0.61 vs -0.98), 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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