TEK vs. IBIT
TEK (iShares Technology Opportunities Active ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - TEK is a Technology Equities fund actively managed by iShares, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. TEK is actively managed, while IBIT is passively managed. Over the past year, TEK returned 61.28% vs -39.60% for IBIT. At a 0.47 correlation, their price movements are largely independent. TEK charges 0.75%/yr vs 0.25%/yr for IBIT.
Performance
TEK vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, TEK achieves a 39.87% return, which is significantly higher than IBIT's -27.45% return.
TEK
- 1D
- -1.99%
- 1M
- 13.74%
- YTD
- 39.87%
- 6M
- 37.87%
- 1Y
- 61.28%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- -2.65%
- 1M
- -22.17%
- YTD
- -27.45%
- 6M
- -31.40%
- 1Y
- -39.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TEK vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
TEK iShares Technology Opportunities Active ETF | 39.87% | 18.63% | 2.35% |
IBIT iShares Bitcoin Trust ETF | -27.45% | -6.41% | 38.12% |
Correlation
The correlation between TEK and IBIT is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Oct 23, 2024 | 0.47 |
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Return for Risk
TEK vs. IBIT — Risk / Return Rank
TEK
IBIT
TEK vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Technology Opportunities Active ETF (TEK) 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.
| TEK | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.30 | ||
| Sortino ratioReturn per unit of downside risk | +4.32 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 0.86 | +0.54 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | -0.80 | +4.00 |
| Martin ratioReturn relative to average drawdown | 9.29 | -1.39 | +10.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TEK | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.40 | -0.91 | +3.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.34 | 0.27 | +1.07 |
Drawdowns
TEK vs. IBIT - Drawdown Comparison
The maximum TEK drawdown since its inception was -28.24%, smaller than the maximum IBIT drawdown of -49.47%. Use the drawdown chart below to compare losses from any high point for TEK and IBIT.
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Drawdown Indicators
| TEK | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.24% | -49.47% | +21.23% |
Max Drawdown (1Y)Largest decline over 1 year | -19.29% | -49.47% | +30.18% |
Current DrawdownCurrent decline from peak | -2.64% | -49.47% | +46.83% |
Average DrawdownAverage peak-to-trough decline | -5.88% | -16.07% | +10.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.62% | 28.61% | -21.99% |
Volatility
TEK vs. IBIT - Volatility Comparison
iShares Technology Opportunities Active ETF (TEK) and iShares Bitcoin Trust ETF (IBIT) have volatilities of 9.38% and 9.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEK | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.38% | 9.14% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 21.28% | 33.89% | -12.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.71% | 43.76% | -18.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.20% | 50.18% | -20.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.20% | 50.18% | -20.98% |
TEK vs. IBIT - Expense Ratio Comparison
TEK has a 0.75% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
TEK vs. IBIT - Dividend Comparison
TEK's dividend yield for the trailing twelve months is around 1.16%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% |
TEK iShares Technology Opportunities Active ETF | 1.16% | 1.62% |
Frequently Asked Questions
TEK and IBIT have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEK has higher volatility (9.38%) compared to IBIT (9.14%). In terms of maximum drawdown, TEK dropped -28.24% vs IBIT's -49.47%.
On 1-year performance, TEK leads with 61.28% vs -39.60% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, IBIT has been the lower-risk option at 9.14%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, TEK has performed better with a 61.28% return vs -39.60%. 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 0.75% for TEK.
TEK has the higher dividend yield at 1.16%, compared with 0.00% for IBIT.
TEK is categorized as Technology Equities, while IBIT is Cryptocurrency. Their fees differ too: 0.75% for TEK and 0.25% for IBIT.
TEK currently has the higher Sharpe Ratio (2.40 vs -0.91), 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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