MCR vs. IBIT

Last updated Aug 1, 2026

MCR (MFS Charter Income Trust) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Their 0.17 correlation means their historical movements had little consistent relationship.

Performance

MCR vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Charter Income Trust (MCR) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MCR

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

IBIT

• 1D: -2.89%
• 1M: 2.21%
• 6M: -24.95%
• YTD: -28.22%
• 1Y: -44.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 10.01%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IBIT iShares Bitcoin Trust ETF	$1.30B	$1.34B	$1.68B

MCR vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MCR MFS Charter Income Trust	-1.03%	7.04%	7.36%
IBIT iShares Bitcoin Trust ETF	-28.22%	-6.41%	89.87%

Correlation

The correlation between MCR and IBIT is 0.26, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.26
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.17

Return for Risk

MCR vs. IBIT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

MCR

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

IBIT

IBIT Risk / Return Rank: 1
IBIT Sharpe Ratio Rank: 1
IBIT Sortino Ratio Rank: 1
IBIT Omega Ratio Rank: 2
IBIT Calmar Ratio Rank: 2
IBIT Martin Ratio Rank: 1

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

MCR vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Charter Income Trust (MCR) 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.

	MCR	IBIT	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.04	—
Sortino ratio: Return per unit of downside risk	—	-1.57	—
Omega ratio: Gain probability vs. loss probability	—	0.83	—
Calmar ratio: Return relative to maximum drawdown	—	-0.87	—
Martin ratio: Return relative to average drawdown	—	-1.34	—

Drawdowns

Drawdown Indicators

	MCR	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	—	-53.30%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-53.30%	—
Current Drawdown Current decline from peak	—	-50.01%	—
Average Drawdown Average peak-to-trough decline	—	-18.24%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	34.66%	—

Volatility

Volatility by Period

	MCR	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	33.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	44.46%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	49.60%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	49.60%	—

Dividends

MCR vs. IBIT - Dividend Comparison

Neither MCR nor IBIT has 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%
MCR MFS Charter Income Trust	8.27%	8.58%	8.59%	8.37%	9.55%	8.14%	7.94%	8.38%	9.66%	8.84%	8.63%	9.13%

Frequently Asked Questions

Can I hold both MCR and IBIT in my portfolio?

MCR and IBIT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.