LQDT vs. IBIT
LQDT (Liquidity Services, 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, LQDT returned 62.47% vs -47.60% for IBIT. At a 0.21 correlation, their price movements are largely independent.
Performance
LQDT vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LQDT achieves a 28.27% return, which is significantly higher than IBIT's -29.06% return.
LQDT
- 1D
- -0.31%
- 1M
- 2.48%
- 6M
- 23.00%
- YTD
- 28.27%
- 1Y
- 62.47%
- 3Y*
- 32.78%
- 5Y*
- 12.84%
- 10Y*
- 17.28%
IBIT
- 1D
- -2.79%
- 1M
- -2.28%
- 6M
- -32.10%
- YTD
- -29.06%
- 1Y
- -47.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LQDT vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LQDT Liquidity Services, Inc. | 28.27% | -6.13% | 90.28% |
IBIT iShares Bitcoin Trust ETF | -29.06% | -6.41% | 89.87% |
Correlation
The correlation between LQDT and IBIT is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.21 |
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
LQDT vs. IBIT — Risk / Return Rank
LQDT
IBIT
LQDT vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liquidity Services, Inc. (LQDT) 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.
| LQDT | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.88 | ||
| Sortino ratioReturn per unit of downside risk | +4.15 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.82 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 2.92 | -0.90 | +3.81 |
| Martin ratioReturn relative to average drawdown | 8.48 | -1.46 | +9.93 |
Loading charts...
Drawdowns
LQDT vs. IBIT - Drawdown Comparison
The maximum LQDT drawdown since its inception was -95.31%, which is greater than IBIT's maximum drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for LQDT and IBIT.
Loading charts...
Drawdown Indicators
| LQDT | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.31% | -53.30% | -42.01% |
Max Drawdown (1Y)Largest decline over 1 year | -21.53% | -53.30% | +31.77% |
Max Drawdown (3Y)Largest decline over 3 years | -41.08% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -57.57% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -72.78% | — | — |
Current DrawdownCurrent decline from peak | -40.42% | -50.60% | +10.18% |
Average DrawdownAverage peak-to-trough decline | -62.11% | -17.56% | -44.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.39% | 32.72% | -25.33% |
Volatility
LQDT vs. IBIT - Volatility Comparison
The current volatility for Liquidity Services, Inc. (LQDT) is 6.94%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 11.51%. This indicates that LQDT 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
| LQDT | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.94% | 11.51% | -4.57% |
Volatility (6M)Calculated over the trailing 6-month period | 20.24% | 34.79% | -14.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.86% | 44.38% | -9.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.33% | 49.97% | -5.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.07% | 49.97% | +3.10% |
Dividends
LQDT vs. IBIT - Dividend Comparison
Neither LQDT nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
LQDT and IBIT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (11.51%) compared to LQDT (6.94%). In terms of maximum drawdown, LQDT dropped -95.31% vs IBIT's -53.30%.
LQDT currently has the higher Sharpe Ratio (1.80 vs -1.08), 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 LQDT 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