UBER vs. IBIT
UBER (Uber Technologies, Inc.) is a stock, while IBIT (iShares Bitcoin Trust ETF) is Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Over the past year, UBER returned -17.97% vs -39.67% for IBIT. At a 0.18 correlation, their price movements are largely independent.
Performance
UBER vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, UBER achieves a -15.74% return, which is significantly higher than IBIT's -27.41% return.
UBER
- 1D
- -1.01%
- 1M
- -8.31%
- YTD
- -15.74%
- 6M
- -19.10%
- 1Y
- -17.97%
- 3Y*
- 18.47%
- 5Y*
- 6.60%
- 10Y*
- —
IBIT
- 1D
- -0.03%
- 1M
- -19.59%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UBER vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
UBER Uber Technologies, Inc. | -15.74% | 35.46% | -3.35% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between UBER and IBIT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.18 |
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Return for Risk
UBER vs. IBIT — Risk / Return Rank
UBER
IBIT
UBER vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Uber Technologies, Inc. (UBER) 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.
| UBER | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.85 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | -0.78 | +0.16 |
| Martin ratioReturn relative to average drawdown | -1.09 | -1.37 | +0.28 |
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Drawdowns
UBER vs. IBIT - Drawdown Comparison
The maximum UBER drawdown since its inception was -68.05%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for UBER and IBIT.
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Drawdown Indicators
| UBER | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.05% | -52.11% | -15.94% |
Max Drawdown (1Y)Largest decline over 1 year | -31.46% | -52.11% | +20.65% |
Max Drawdown (3Y)Largest decline over 3 years | -31.46% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -60.45% | — | — |
Current DrawdownCurrent decline from peak | -31.22% | -49.45% | +18.23% |
Average DrawdownAverage peak-to-trough decline | -25.67% | -16.53% | -9.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.93% | 29.64% | -11.71% |
Volatility
UBER vs. IBIT - Volatility Comparison
The current volatility for Uber Technologies, Inc. (UBER) is 7.96%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that UBER 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
| UBER | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.96% | 12.07% | -4.11% |
Volatility (6M)Calculated over the trailing 6-month period | 23.21% | 34.45% | -11.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.66% | 44.10% | -11.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.82% | 50.26% | -5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.61% | 50.26% | +0.35% |
Dividends
UBER vs. IBIT - Dividend Comparison
Neither UBER nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
UBER and IBIT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (12.07%) compared to UBER (7.96%). In terms of maximum drawdown, UBER dropped -68.05% vs IBIT's -52.11%.
UBER currently has the higher Sharpe Ratio (-0.60 vs -0.92), 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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