VHT vs. IBIT
VHT (Vanguard Health Care ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - VHT is a Health & Biotech Equities fund tracking the MSCI US Investable Market Health Care 25/50 Index, while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, VHT returned 16.49% vs -39.67% for IBIT. At a 0.15 correlation, their price movements are largely independent. VHT charges 0.09%/yr vs 0.25%/yr for IBIT.
Performance
VHT vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, VHT achieves a -0.11% return, which is significantly higher than IBIT's -27.41% return.
VHT
- 1D
- -0.12%
- 1M
- 4.51%
- YTD
- -0.11%
- 6M
- 0.45%
- 1Y
- 16.49%
- 3Y*
- 7.19%
- 5Y*
- 4.78%
- 10Y*
- 9.87%
IBIT
- 1D
- -0.03%
- 1M
- -21.94%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VHT vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VHT Vanguard Health Care ETF | -0.11% | 15.46% | -0.38% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between VHT and IBIT is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.15 |
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Return for Risk
VHT vs. IBIT — Risk / Return Rank
VHT
IBIT
VHT vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Health Care ETF (VHT) 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.
| VHT | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.01 | ||
| Sortino ratioReturn per unit of downside risk | +3.01 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.85 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | -0.78 | +2.32 |
| Martin ratioReturn relative to average drawdown | 3.81 | -1.37 | +5.18 |
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Drawdowns
VHT vs. IBIT - Drawdown Comparison
The maximum VHT drawdown since its inception was -39.12%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for VHT and IBIT.
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Drawdown Indicators
| VHT | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.12% | -52.11% | +12.99% |
Max Drawdown (1Y)Largest decline over 1 year | -10.40% | -52.11% | +41.71% |
Max Drawdown (3Y)Largest decline over 3 years | -16.91% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.71% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -28.85% | — | — |
Current DrawdownCurrent decline from peak | -3.28% | -49.45% | +46.17% |
Average DrawdownAverage peak-to-trough decline | -5.99% | -16.53% | +10.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | 29.64% | -25.45% |
Volatility
VHT vs. IBIT - Volatility Comparison
The current volatility for Vanguard Health Care ETF (VHT) is 4.88%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that VHT 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
| VHT | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 12.07% | -7.19% |
Volatility (6M)Calculated over the trailing 6-month period | 10.46% | 34.45% | -23.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.70% | 44.10% | -29.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.01% | 50.26% | -35.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 50.26% | -33.29% |
VHT vs. IBIT - Expense Ratio Comparison
VHT has a 0.09% expense ratio, which is lower than IBIT's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VHT vs. IBIT - Dividend Comparison
VHT's dividend yield for the trailing twelve months is around 1.64%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VHT Vanguard Health Care ETF | 1.64% | 1.61% | 1.53% | 1.36% | 1.33% | 1.14% | 1.21% | 1.89% | 1.38% | 1.31% | 1.45% | 1.22% |
Frequently Asked Questions
VHT and IBIT have a correlation of 0.14, 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 VHT (4.88%). In terms of maximum drawdown, VHT dropped -39.12% vs IBIT's -52.11%.
On 1-year performance, VHT leads with 16.49% vs -39.67% for IBIT. On fees, VHT is cheaper at 0.09% per year. On volatility, VHT has been the lower-risk option at 4.88%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, VHT has performed better with a 16.49% return vs -39.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VHT is cheaper with a 0.09% expense ratio, compared with 0.25% for IBIT.
VHT has the higher dividend yield at 1.64%, compared with 0.00% for IBIT.
VHT is categorized as Health & Biotech Equities, while IBIT is Cryptocurrency. VHT tracks MSCI US Investable Market Health Care 25/50 Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.09% for VHT and 0.25% for IBIT.
VHT currently has the higher Sharpe Ratio (1.09 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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