SMLR vs. IBIT

Last updated Jun 24, 2026

SMLR (Semler Scientific, Inc.) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. At a 0.45 correlation, their price movements are largely independent.

Performance

SMLR vs. IBIT - Performance Comparison

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

Returns By Period

SMLR

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

IBIT

• 1D: -3.26%
• 1M: -17.81%
• YTD: -28.88%
• 6M: -28.88%
• 1Y: -39.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SMLR vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SMLR Semler Scientific, Inc.	32.96%	-71.69%	8.26%
IBIT iShares Bitcoin Trust ETF	-28.88%	-6.41%	89.87%

Correlation

The correlation between SMLR and IBIT is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.45

Return for Risk

SMLR vs. IBIT — Risk / Return Rank

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

SMLR

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

IBIT

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SMLR vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Semler Scientific, Inc. (SMLR) 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.

	SMLR	IBIT	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.90	—
Sortino ratio: Return per unit of downside risk	—	-1.25	—
Omega ratio: Gain probability vs. loss probability	—	0.86	—
Calmar ratio: Return relative to maximum drawdown	—	-0.77	—
Martin ratio: Return relative to average drawdown	—	-1.30	—

Drawdowns

Drawdown Indicators

	SMLR	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	—	-52.11%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-52.11%	—
Current Drawdown Current decline from peak	—	-50.47%	—
Average Drawdown Average peak-to-trough decline	—	-16.85%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.58%	—

Volatility

Volatility by Period

	SMLR	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.18%	—
Volatility (6M) Calculated over the trailing 6-month period	—	34.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	44.31%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	50.22%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	50.22%	—

Dividends

SMLR vs. IBIT - Dividend Comparison

Neither SMLR nor IBIT has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both SMLR and IBIT in my portfolio?

SMLR and IBIT have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.