LDOS vs. IBIT
LDOS (Leidos Holdings, Inc.) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, LDOS returned -16.67% vs -40.63% for IBIT. At a 0.16 correlation, their price movements are largely independent.
Performance
LDOS vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, LDOS achieves a -32.12% return, which is significantly lower than IBIT's -27.41% return.
LDOS
- 1D
- 0.07%
- 1M
- -1.62%
- YTD
- -32.12%
- 6M
- -35.31%
- 1Y
- -16.67%
- 3Y*
- 14.74%
- 5Y*
- 4.03%
- 10Y*
- 14.97%
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LDOS vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LDOS Leidos Holdings, Inc. | -32.12% | 26.50% | 32.72% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between LDOS and IBIT is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.16 |
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Return for Risk
LDOS vs. IBIT — Risk / Return Rank
LDOS
IBIT
LDOS vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leidos Holdings, Inc. (LDOS) 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.
| LDOS | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.85 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | -0.78 | +0.35 |
| Martin ratioReturn relative to average drawdown | -1.09 | -1.37 | +0.28 |
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Drawdowns
LDOS vs. IBIT - Drawdown Comparison
The maximum LDOS drawdown since its inception was -54.72%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for LDOS and IBIT.
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Drawdown Indicators
| LDOS | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.72% | -52.11% | -2.61% |
Max Drawdown (1Y)Largest decline over 1 year | -38.73% | -52.11% | +13.38% |
Max Drawdown (3Y)Largest decline over 3 years | -38.73% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -38.73% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.29% | — | — |
Current DrawdownCurrent decline from peak | -38.49% | -49.45% | +10.96% |
Average DrawdownAverage peak-to-trough decline | -19.68% | -16.53% | -3.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.33% | 29.64% | -14.31% |
Volatility
LDOS vs. IBIT - Volatility Comparison
The current volatility for Leidos Holdings, Inc. (LDOS) is 6.30%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that LDOS 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
| LDOS | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.30% | 12.07% | -5.77% |
Volatility (6M)Calculated over the trailing 6-month period | 25.00% | 34.45% | -9.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.28% | 44.10% | -14.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.73% | 50.26% | -23.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.48% | 50.26% | -22.78% |
Dividends
LDOS vs. IBIT - Dividend Comparison
LDOS's dividend yield for the trailing twelve months is around 1.36%, 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% |
LDOS Leidos Holdings, Inc. | 1.36% | 0.90% | 1.07% | 1.35% | 1.37% | 1.57% | 1.29% | 1.35% | 2.43% | 1.98% | 29.17% | 3.41% |
Frequently Asked Questions
LDOS and IBIT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (12.07%) compared to LDOS (6.30%). In terms of maximum drawdown, LDOS dropped -54.72% vs IBIT's -52.11%.
LDOS currently has the higher Sharpe Ratio (-0.57 vs -0.92), 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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