IYH vs. IBIT
IYH (iShares U.S. Healthcare ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - IYH is a Health & Biotech Equities fund tracking the Dow Jones U.S. Health Care 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, IYH returned 18.46% vs -45.30% for IBIT. At a 0.13 correlation, their price movements are largely independent. IYH charges 0.43%/yr vs 0.25%/yr for IBIT.
Performance
IYH vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, IYH achieves a 1.43% return, which is significantly higher than IBIT's -32.49% return.
IYH
- 1D
- 1.58%
- 1M
- 5.32%
- YTD
- 1.43%
- 6M
- 0.58%
- 1Y
- 18.46%
- 3Y*
- 7.17%
- 5Y*
- 4.99%
- 10Y*
- 10.18%
IBIT
- 1D
- -1.03%
- 1M
- -22.03%
- YTD
- -32.49%
- 6M
- -32.23%
- 1Y
- -45.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IYH vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IYH iShares U.S. Healthcare ETF | 1.43% | 13.16% | -0.23% |
IBIT iShares Bitcoin Trust ETF | -32.49% | -6.41% | 89.87% |
Correlation
The correlation between IYH and IBIT is 0.10, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.13 |
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Return for Risk
IYH vs. IBIT — Risk / Return Rank
IYH
IBIT
IYH vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Healthcare ETF (IYH) 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.
| IYH | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.25 | ||
| Sortino ratioReturn per unit of downside risk | +3.46 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.83 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 1.74 | -0.86 | +2.60 |
| Martin ratioReturn relative to average drawdown | 4.09 | -1.47 | +5.56 |
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Drawdowns
IYH vs. IBIT - Drawdown Comparison
The maximum IYH drawdown since its inception was -43.12%, smaller than the maximum IBIT drawdown of -52.98%. Use the drawdown chart below to compare losses from any high point for IYH and IBIT.
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Drawdown Indicators
| IYH | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.12% | -52.98% | +9.86% |
Max Drawdown (1Y)Largest decline over 1 year | -10.64% | -52.98% | +42.34% |
Max Drawdown (3Y)Largest decline over 3 years | -17.91% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.91% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.40% | — | — |
Current DrawdownCurrent decline from peak | -1.93% | -52.98% | +51.05% |
Average DrawdownAverage peak-to-trough decline | -8.95% | -16.97% | +8.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.52% | 30.94% | -26.42% |
Volatility
IYH vs. IBIT - Volatility Comparison
The current volatility for iShares U.S. Healthcare ETF (IYH) is 5.21%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.43%. This indicates that IYH 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
| IYH | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.21% | 13.43% | -8.22% |
Volatility (6M)Calculated over the trailing 6-month period | 10.79% | 34.60% | -23.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.18% | 44.41% | -29.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.00% | 50.21% | -35.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.73% | 50.21% | -33.48% |
IYH vs. IBIT - Expense Ratio Comparison
IYH has a 0.43% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
IYH vs. IBIT - Dividend Comparison
IYH's dividend yield for the trailing twelve months is around 1.22%, 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% |
IYH iShares U.S. Healthcare ETF | 1.22% | 1.19% | 1.25% | 1.18% | 1.10% | 0.94% | 1.16% | 1.14% | 1.95% | 1.10% | 1.29% | 2.02% |
Frequently Asked Questions
IYH 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 (13.43%) compared to IYH (5.21%). In terms of maximum drawdown, IYH dropped -43.12% vs IBIT's -52.98%.
On 1-year performance, IYH leads with 18.46% vs -45.30% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IYH has been the lower-risk option at 5.21%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, IYH has performed better with a 18.46% return vs -45.30%. 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 0.43% for IYH.
IYH has the higher dividend yield at 1.22%, compared with 0.00% for IBIT.
IYH is categorized as Health & Biotech Equities, while IBIT is Cryptocurrency. IYH tracks Dow Jones U.S. Health Care Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.43% for IYH and 0.25% for IBIT.
IYH currently has the higher Sharpe Ratio (1.22 vs -1.02), 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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