LFGY vs. IBIT

Last updated Apr 1, 2026

Compare and contrast key facts about YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) and iShares Bitcoin Trust ETF (IBIT).

LFGY and IBIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LFGY is an actively managed fund by YieldMax. It was launched on Jan 13, 2025. IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024.

Performance

LFGY vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

LFGY vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	-8.19%	-8.18%
IBIT iShares Bitcoin Trust ETF	-22.62%	-9.45%

Returns By Period

In the year-to-date period, LFGY achieves a -8.19% return, which is significantly higher than IBIT's -22.62% return.

LFGY

• 1D: 5.99%
• 1M: -2.61%
• YTD: -8.19%
• 6M: -24.34%
• 1Y: 10.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBIT

• 1D: 1.96%
• 1M: 3.31%
• YTD: -22.62%
• 6M: -40.89%
• 1Y: -17.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LFGY vs. IBIT - Expense Ratio Comparison

LFGY has a 0.99% expense ratio, which is higher than IBIT's 0.25% expense ratio.

LFGY

YieldMax Crypto Industry & Tech Portfolio Option Income ETF

IBIT

iShares Bitcoin Trust ETF

Return for Risk

LFGY vs. IBIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LFGY

LFGY Risk / Return Rank: 20
LFGY Sharpe Ratio Rank: 20
LFGY Sortino Ratio Rank: 25
LFGY Omega Ratio Rank: 23
LFGY Calmar Ratio Rank: 17
LFGY Martin Ratio Rank: 17

IBIT

IBIT Risk / Return Rank: 6
IBIT Sharpe Ratio Rank: 5
IBIT Sortino Ratio Rank: 6
IBIT Omega Ratio Rank: 7
IBIT Calmar Ratio Rank: 6
IBIT Martin Ratio Rank: 6

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LFGY vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) 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.

	LFGY	IBIT	Difference
Sharpe ratio Return per unit of total volatility	0.27	-0.40	+0.66
Sortino ratio Return per unit of downside risk	0.66	-0.29	+0.95
Omega ratio Gain probability vs. loss probability	1.08	0.97	+0.11
Calmar ratio Return relative to maximum drawdown	0.23	-0.39	+0.62
Martin ratio Return relative to average drawdown	0.55	-0.83	+1.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LFGY vs. IBIT - Sharpe Ratio Comparison

The current LFGY Sharpe Ratio is 0.27, which is higher than the IBIT Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of LFGY and IBIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LFGY	IBIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.27	-0.40	+0.66
Sharpe Ratio (All Time) Calculated using the full available price history	-0.31	0.35	-0.66

Correlation

The correlation between LFGY and IBIT is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

LFGY vs. IBIT - Dividend Comparison

LFGY's dividend yield for the trailing twelve months is around 104.74%, while IBIT has not paid dividends to shareholders.

	TTM	2025
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	104.74%	94.90%
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%

Drawdowns

LFGY vs. IBIT - Drawdown Comparison

The maximum LFGY drawdown since its inception was -35.94%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for LFGY and IBIT.

Drawdown Indicators

	LFGY	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-35.94%	-49.36%	+13.42%
Max Drawdown (1Y) Largest decline over 1 year	-35.94%	-49.36%	+13.42%
Current Drawdown Current decline from peak	-29.87%	-46.11%	+16.24%
Average Drawdown Average peak-to-trough decline	-13.98%	-14.13%	+0.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.05%	23.09%	-8.04%

Volatility

LFGY vs. IBIT - Volatility Comparison

YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) has a higher volatility of 14.99% compared to iShares Bitcoin Trust ETF (IBIT) at 12.99%. This indicates that LFGY'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

	LFGY	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.99%	12.99%	+2.00%
Volatility (6M) Calculated over the trailing 6-month period	30.83%	36.75%	-5.92%
Volatility (1Y) Calculated over the trailing 1-year period	40.21%	45.42%	-5.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.75%	51.26%	-8.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.75%	51.26%	-8.51%