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SATO vs. IBIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SATO and IBIT is 0.77, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

SATO vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Alerian Galaxy Crypto Economy ETF (SATO) and iShares Bitcoin Trust (IBIT). The values are adjusted to include any dividend payments, if applicable.

20.00%40.00%60.00%80.00%100.00%120.00%NovemberDecember2025FebruaryMarchApril
18.10%
79.16%
SATO
IBIT

Key characteristics

Sharpe Ratio

SATO:

0.17

IBIT:

0.50

Sortino Ratio

SATO:

0.69

IBIT:

1.08

Omega Ratio

SATO:

1.08

IBIT:

1.12

Calmar Ratio

SATO:

0.17

IBIT:

0.98

Martin Ratio

SATO:

0.60

IBIT:

2.13

Ulcer Index

SATO:

17.37%

IBIT:

12.74%

Daily Std Dev

SATO:

61.44%

IBIT:

54.41%

Max Drawdown

SATO:

-88.01%

IBIT:

-27.51%

Current Drawdown

SATO:

-50.17%

IBIT:

-21.44%

Returns By Period

In the year-to-date period, SATO achieves a -29.67% return, which is significantly lower than IBIT's -10.07% return.


SATO

YTD

-29.67%

1M

-19.91%

6M

-2.53%

1Y

10.50%

5Y*

N/A

10Y*

N/A

IBIT

YTD

-10.07%

1M

-7.25%

6M

34.32%

1Y

22.08%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SATO vs. IBIT - Expense Ratio Comparison

SATO has a 0.60% expense ratio, which is higher than IBIT's 0.25% expense ratio.


SATO
Invesco Alerian Galaxy Crypto Economy ETF
Expense ratio chart for SATO: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SATO: 0.60%
Expense ratio chart for IBIT: current value is 0.25%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IBIT: 0.25%

Risk-Adjusted Performance

SATO vs. IBIT — Risk-Adjusted Performance Rank

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

SATO
The Risk-Adjusted Performance Rank of SATO is 5454
Overall Rank
The Sharpe Ratio Rank of SATO is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of SATO is 6464
Sortino Ratio Rank
The Omega Ratio Rank of SATO is 6060
Omega Ratio Rank
The Calmar Ratio Rank of SATO is 5050
Calmar Ratio Rank
The Martin Ratio Rank of SATO is 4747
Martin Ratio Rank

IBIT
The Risk-Adjusted Performance Rank of IBIT is 6969
Overall Rank
The Sharpe Ratio Rank of IBIT is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of IBIT is 7272
Sortino Ratio Rank
The Omega Ratio Rank of IBIT is 6868
Omega Ratio Rank
The Calmar Ratio Rank of IBIT is 7979
Calmar Ratio Rank
The Martin Ratio Rank of IBIT is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SATO vs. IBIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Alerian Galaxy Crypto Economy ETF (SATO) and iShares Bitcoin Trust (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.


Sharpe ratio
The chart of Sharpe ratio for SATO, currently valued at 0.17, compared to the broader market-1.000.001.002.003.004.00
SATO: 0.17
IBIT: 0.50
The chart of Sortino ratio for SATO, currently valued at 0.69, compared to the broader market-2.000.002.004.006.008.0010.00
SATO: 0.69
IBIT: 1.08
The chart of Omega ratio for SATO, currently valued at 1.08, compared to the broader market0.501.001.502.002.50
SATO: 1.08
IBIT: 1.12
The chart of Calmar ratio for SATO, currently valued at 0.25, compared to the broader market0.005.0010.0015.00
SATO: 0.25
IBIT: 0.98
The chart of Martin ratio for SATO, currently valued at 0.60, compared to the broader market0.0020.0040.0060.0080.00
SATO: 0.60
IBIT: 2.13

The current SATO Sharpe Ratio is 0.17, which is lower than the IBIT Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of SATO 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.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.00Jan 19Jan 26Feb 02Feb 09Feb 16Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30
0.17
0.50
SATO
IBIT

Dividends

SATO vs. IBIT - Dividend Comparison

SATO's dividend yield for the trailing twelve months is around 23.24%, while IBIT has not paid dividends to shareholders.


TTM2024202320222021
SATO
Invesco Alerian Galaxy Crypto Economy ETF
23.24%15.02%2.22%8.99%0.73%
IBIT
iShares Bitcoin Trust
0.00%0.00%0.00%0.00%0.00%

Drawdowns

SATO vs. IBIT - Drawdown Comparison

The maximum SATO drawdown since its inception was -88.01%, which is greater than IBIT's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for SATO and IBIT. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-42.41%
-21.44%
SATO
IBIT

Volatility

SATO vs. IBIT - Volatility Comparison

Invesco Alerian Galaxy Crypto Economy ETF (SATO) has a higher volatility of 21.06% compared to iShares Bitcoin Trust (IBIT) at 17.52%. This indicates that SATO'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.


10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
21.06%
17.52%
SATO
IBIT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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