LQDI vs. IBIT
LQDI (iShares Inflation Hedged Corporate Bond ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - LQDI is a Inflation-Protected Bonds fund actively managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. LQDI is actively managed, while IBIT is passively managed. Over the past year, LQDI returned 4.34% vs -46.35% for IBIT. At a 0.16 correlation, their price movements are largely independent. LQDI charges 0.18%/yr vs 0.25%/yr for IBIT.
Performance
LQDI vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LQDI achieves a 0.76% return, which is significantly higher than IBIT's -26.32% return.
LQDI
- 1D
- 0.64%
- 1M
- -0.95%
- 6M
- 0.27%
- YTD
- 0.76%
- 1Y
- 4.34%
- 3Y*
- 5.20%
- 5Y*
- 1.25%
- 10Y*
- —
IBIT
- 1D
- 3.86%
- 1M
- 1.50%
- 6M
- -31.72%
- YTD
- -26.32%
- 1Y
- -46.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LQDI vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LQDI iShares Inflation Hedged Corporate Bond ETF | 0.76% | 8.84% | 2.37% |
IBIT iShares Bitcoin Trust ETF | -26.32% | -6.41% | 89.87% |
Correlation
The correlation between LQDI 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 | 0.16 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LQDI vs. IBIT — Risk / Return Rank
LQDI
IBIT
LQDI vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Inflation Hedged Corporate Bond ETF (LQDI) 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.
| LQDI | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.92 | ||
| Sortino ratioReturn per unit of downside risk | +2.86 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.83 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 1.51 | -0.87 | +2.38 |
| Martin ratioReturn relative to average drawdown | 4.38 | -1.41 | +5.79 |
Loading charts...
Drawdowns
LQDI vs. IBIT - Drawdown Comparison
The maximum LQDI drawdown since its inception was -28.99%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for LQDI and IBIT.
Loading charts...
Drawdown Indicators
| LQDI | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.99% | -53.30% | +24.31% |
Max Drawdown (1Y)Largest decline over 1 year | -2.88% | -53.30% | +50.42% |
Max Drawdown (3Y)Largest decline over 3 years | -6.27% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -20.67% | — | — |
Current DrawdownCurrent decline from peak | -1.33% | -48.69% | +47.36% |
Average DrawdownAverage peak-to-trough decline | -5.19% | -17.61% | +12.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 32.86% | -31.87% |
Volatility
LQDI vs. IBIT - Volatility Comparison
The current volatility for iShares Inflation Hedged Corporate Bond ETF (LQDI) is 1.37%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 11.82%. This indicates that LQDI 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.
Loading charts...
Volatility by Period
| LQDI | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.37% | 11.82% | -10.45% |
Volatility (6M)Calculated over the trailing 6-month period | 3.53% | 35.03% | -31.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.96% | 44.48% | -39.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.14% | 49.99% | -41.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.78% | 49.99% | -39.21% |
LQDI vs. IBIT - Expense Ratio Comparison
LQDI has a 0.18% expense ratio, which is lower than IBIT's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LQDI vs. IBIT - Dividend Comparison
LQDI's dividend yield for the trailing twelve months is around 4.63%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LQDI iShares Inflation Hedged Corporate Bond ETF | 4.63% | 4.46% | 4.65% | 3.98% | 3.27% | 2.42% | 2.34% | 3.26% | 2.53% |
Frequently Asked Questions
LQDI 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 (11.82%) compared to LQDI (1.37%). In terms of maximum drawdown, LQDI dropped -28.99% vs IBIT's -53.30%.
On 1-year performance, LQDI leads with 4.34% vs -46.35% for IBIT. On fees, LQDI is cheaper at 0.18% per year. On volatility, LQDI has been the lower-risk option at 1.37%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, LQDI has performed better with a 4.34% return vs -46.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LQDI is cheaper with a 0.18% expense ratio, compared with 0.25% for IBIT.
LQDI has the higher dividend yield at 4.63%, compared with 0.00% for IBIT.
LQDI is categorized as Inflation-Protected Bonds, while IBIT is Cryptocurrency. Their fees differ too: 0.18% for LQDI and 0.25% for IBIT.
LQDI currently has the higher Sharpe Ratio (0.88 vs -1.05), 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.
Find the right allocation for LQDI and IBIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer