VLUE vs. IBIT

Last updated Jul 15, 2026

VLUE (iShares MSCI USA Value Factor ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - VLUE is a Large Cap Value Equities fund tracking the MSCI USA Enhanced Value 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, VLUE returned 73.16% vs -46.35% for IBIT. At a 0.37 correlation, their price movements are largely independent. VLUE charges 0.15%/yr vs 0.25%/yr for IBIT.

Performance

VLUE vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI USA Value Factor ETF (VLUE) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VLUE achieves a 43.96% return, which is significantly higher than IBIT's -26.32% return.

VLUE

• 1D: 0.78%
• 1M: -1.21%
• 6M: 37.01%
• YTD: 43.96%
• 1Y: 73.16%
• 3Y*: 30.51%
• 5Y*: 16.58%
• 10Y*: 14.70%

IBIT

• 1D: 3.86%
• 1M: 1.50%
• 6M: -31.72%
• YTD: -26.32%
• 1Y: -46.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VLUE vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
VLUE iShares MSCI USA Value Factor ETF	43.96%	32.67%	8.13%
IBIT iShares Bitcoin Trust ETF	-26.32%	-6.41%	89.87%

Correlation

The correlation between VLUE and IBIT is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.37

Return for Risk

VLUE vs. IBIT — Risk / Return Rank

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

VLUE

VLUE Risk / Return Rank: 97
VLUE Sharpe Ratio Rank: 97
VLUE Sortino Ratio Rank: 96
VLUE Omega Ratio Rank: 96
VLUE Calmar Ratio Rank: 97
VLUE Martin Ratio Rank: 97

IBIT

IBIT Risk / Return Rank: 2
IBIT Sharpe Ratio Rank: 1
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.

VLUE vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Value Factor ETF (VLUE) 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.

	VLUE	IBIT	Difference
Sharpe ratio: Return per unit of total volatility	3.72	-1.05	+4.76
Sortino ratio: Return per unit of downside risk	4.77	-1.58	+6.35
Omega ratio: Gain probability vs. loss probability	1.63	0.83	+0.80
Calmar ratio: Return relative to maximum drawdown	8.14	-0.87	+9.01
Martin ratio: Return relative to average drawdown	30.87	-1.41	+32.28

VLUE vs. IBIT - Sharpe Ratio Comparison

The current VLUE Sharpe Ratio is 3.72, which is higher than the IBIT Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of VLUE and IBIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VLUE vs. IBIT - Drawdown Comparison

The maximum VLUE drawdown since its inception was -39.47%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for VLUE and IBIT.

Drawdown Indicators

	VLUE	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-39.47%	-53.30%	+13.83%
Max Drawdown (1Y) Largest decline over 1 year	-9.04%	-53.30%	+44.26%
Max Drawdown (3Y) Largest decline over 3 years	-17.89%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-39.47%	—	—
Current Drawdown Current decline from peak	-4.54%	-48.69%	+44.15%
Average Drawdown Average peak-to-trough decline	-5.99%	-17.61%	+11.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	32.86%	-30.48%

Volatility

VLUE vs. IBIT - Volatility Comparison

The current volatility for iShares MSCI USA Value Factor ETF (VLUE) is 8.21%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 11.82%. This indicates that VLUE 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.

Volatility by Period

	VLUE	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.21%	11.82%	-3.61%
Volatility (6M) Calculated over the trailing 6-month period	16.88%	35.03%	-18.15%
Volatility (1Y) Calculated over the trailing 1-year period	19.79%	44.48%	-24.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.27%	49.99%	-31.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.97%	49.99%	-30.02%

VLUE vs. IBIT - Expense Ratio Comparison

VLUE has a 0.15% 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

VLUE vs. IBIT - Dividend Comparison

VLUE's dividend yield for the trailing twelve months is around 1.43%, 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%
VLUE iShares MSCI USA Value Factor ETF	1.43%	2.11%	2.73%	2.66%	3.18%	2.22%	2.42%	2.61%	2.70%	2.14%	2.07%	2.39%

Frequently Asked Questions

Can I hold both VLUE and IBIT in my portfolio?

VLUE and IBIT have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VLUE or IBIT?

IBIT has higher volatility (11.82%) compared to VLUE (8.21%). In terms of maximum drawdown, VLUE dropped -39.47% vs IBIT's -53.30%.

Which ETF is better, VLUE or IBIT?

On 1-year performance, VLUE leads with 73.16% vs -46.35% for IBIT. On fees, VLUE is cheaper at 0.15% per year. On volatility, VLUE has been the lower-risk option at 8.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, VLUE or IBIT?

Over the 1-year period, VLUE has performed better with a 73.16% return vs -46.35%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, VLUE or IBIT?

VLUE is cheaper with a 0.15% expense ratio, compared with 0.25% for IBIT.

Which ETF pays a higher dividend yield, VLUE or IBIT?

VLUE has the higher dividend yield at 1.43%, compared with 0.00% for IBIT.

What is the main difference between VLUE and IBIT?

VLUE is categorized as Large Cap Value Equities, while IBIT is Cryptocurrency. VLUE tracks MSCI USA Enhanced Value Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.15% for VLUE and 0.25% for IBIT.

Which has better risk-adjusted returns?

VLUE currently has the higher Sharpe Ratio (3.72 vs -1.05), 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.