POWR vs. IBIT
POWR (iShares U.S. Power Infrastructure ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - POWR is a Utilities Equities fund actively managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. POWR is actively managed, while IBIT is passively managed. Over the past year, POWR returned 23.66% vs -43.61% for IBIT. At a 0.24 correlation, their price movements are largely independent. POWR charges 0.40%/yr vs 0.25%/yr for IBIT.
Performance
POWR vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, POWR achieves a 17.85% return, which is significantly higher than IBIT's -31.78% return.
POWR
- 1D
- 0.25%
- 1M
- -0.36%
- YTD
- 17.85%
- 6M
- 16.56%
- 1Y
- 23.66%
- 3Y*
- 12.33%
- 5Y*
- 14.70%
- 10Y*
- 8.77%
IBIT
- 1D
- -4.08%
- 1M
- -21.16%
- YTD
- -31.78%
- 6M
- -31.52%
- 1Y
- -43.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
POWR vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
POWR iShares U.S. Power Infrastructure ETF | 17.85% | 10.81% | 1.10% |
IBIT iShares Bitcoin Trust ETF | -31.78% | -6.41% | 89.87% |
Correlation
The correlation between POWR and IBIT is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.24 |
The correlation between POWR and IBIT shifts across timeframes, from 0.24 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
POWR vs. IBIT — Risk / Return Rank
POWR
IBIT
POWR vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Power Infrastructure ETF (POWR) 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.
| POWR | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.41 | ||
| Sortino ratioReturn per unit of downside risk | +3.44 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 0.84 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | -0.83 | +4.19 |
| Martin ratioReturn relative to average drawdown | 9.71 | -1.42 | +11.13 |
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Drawdowns
POWR vs. IBIT - Drawdown Comparison
The maximum POWR drawdown since its inception was -65.98%, which is greater than IBIT's maximum drawdown of -52.49%. Use the drawdown chart below to compare losses from any high point for POWR and IBIT.
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Drawdown Indicators
| POWR | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.98% | -52.49% | -13.49% |
Max Drawdown (1Y)Largest decline over 1 year | -7.09% | -52.49% | +45.40% |
Max Drawdown (3Y)Largest decline over 3 years | -23.14% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -25.09% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -63.42% | — | — |
Current DrawdownCurrent decline from peak | -2.02% | -52.49% | +50.47% |
Average DrawdownAverage peak-to-trough decline | -18.09% | -16.91% | -1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.44% | 30.76% | -28.32% |
Volatility
POWR vs. IBIT - Volatility Comparison
The current volatility for iShares U.S. Power Infrastructure ETF (POWR) is 6.22%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.48%. This indicates that POWR 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
| POWR | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.22% | 13.48% | -7.26% |
Volatility (6M)Calculated over the trailing 6-month period | 12.75% | 34.60% | -21.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.83% | 44.48% | -27.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.07% | 50.25% | -27.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.52% | 50.25% | -24.73% |
POWR vs. IBIT - Expense Ratio Comparison
POWR has a 0.40% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
POWR vs. IBIT - Dividend Comparison
POWR's dividend yield for the trailing twelve months is around 5.47%, 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% |
POWR iShares U.S. Power Infrastructure ETF | 5.47% | 7.56% | 4.36% | 4.16% | 4.82% | 3.94% | 3.96% | 5.71% | 3.17% | 3.11% | 2.75% | 3.42% |
Frequently Asked Questions
POWR and IBIT have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (13.48%) compared to POWR (6.22%). In terms of maximum drawdown, POWR dropped -65.98% vs IBIT's -52.49%.
On 1-year performance, POWR leads with 23.66% vs -43.61% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, POWR has been the lower-risk option at 6.22%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, POWR has performed better with a 23.66% return vs -43.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.40% for POWR.
POWR has the higher dividend yield at 5.47%, compared with 0.00% for IBIT.
POWR is categorized as Utilities Equities, while IBIT is Cryptocurrency. Their fees differ too: 0.40% for POWR and 0.25% for IBIT.
POWR currently has the higher Sharpe Ratio (1.42 vs -0.98), 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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