UPXI vs. IBIT
UPXI (Upexi 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, UPXI returned -91.65% vs -39.82% for IBIT. At a 0.35 correlation, their price movements are largely independent.
Performance
UPXI vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, UPXI achieves a -50.30% return, which is significantly lower than IBIT's -28.88% return.
UPXI
- 1D
- -3.47%
- 1M
- -37.69%
- YTD
- -50.30%
- 6M
- -54.62%
- 1Y
- -91.65%
- 3Y*
- -73.94%
- 5Y*
- -62.46%
- 10Y*
- —
IBIT
- 1D
- -3.26%
- 1M
- -17.81%
- YTD
- -28.88%
- 6M
- -28.88%
- 1Y
- -39.82%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UPXI vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
UPXI Upexi Inc. | -50.30% | -52.14% | -84.40% |
IBIT iShares Bitcoin Trust ETF | -28.88% | -6.41% | 89.87% |
Correlation
The correlation between UPXI and IBIT is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.35 |
Over the past year, UPXI and IBIT have become more correlated (0.65) than their long-term average of 0.35, meaning their price movements have been converging.
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Return for Risk
UPXI vs. IBIT — Risk / Return Rank
UPXI
IBIT
UPXI vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Upexi Inc. (UPXI) 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.
| UPXI | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.86 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | -0.77 | -0.22 |
| Martin ratioReturn relative to average drawdown | -1.37 | -1.30 | -0.07 |
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Drawdowns
UPXI vs. IBIT - Drawdown Comparison
The maximum UPXI drawdown since its inception was -99.64%, which is greater than IBIT's maximum drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for UPXI and IBIT.
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Drawdown Indicators
| UPXI | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.64% | -52.11% | -47.53% |
Max Drawdown (1Y)Largest decline over 1 year | -93.39% | -52.11% | -41.28% |
Max Drawdown (3Y)Largest decline over 3 years | -98.85% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -99.64% | — | — |
Current DrawdownCurrent decline from peak | -99.47% | -50.47% | -49.00% |
Average DrawdownAverage peak-to-trough decline | -72.96% | -16.85% | -56.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 71.85% | 30.58% | +41.27% |
Volatility
UPXI vs. IBIT - Volatility Comparison
Upexi Inc. (UPXI) has a higher volatility of 26.13% compared to iShares Bitcoin Trust ETF (IBIT) at 13.18%. This indicates that UPXI'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.
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Volatility by Period
| UPXI | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.13% | 13.18% | +12.95% |
Volatility (6M)Calculated over the trailing 6-month period | 95.76% | 34.64% | +61.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 153.65% | 44.31% | +109.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 203.38% | 50.22% | +153.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 203.38% | 50.22% | +153.16% |
Dividends
UPXI vs. IBIT - Dividend Comparison
Neither UPXI nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
UPXI and IBIT have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UPXI has higher volatility (26.13%) compared to IBIT (13.18%). In terms of maximum drawdown, UPXI dropped -99.64% vs IBIT's -52.11%.
UPXI currently has the higher Sharpe Ratio (-0.60 vs -0.90), 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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