VNQI vs. IBIT
VNQI (Vanguard Global ex-U.S. Real Estate ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - VNQI is a REIT fund tracking the S&P Global ex-U.S. Property 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, VNQI returned 7.10% vs -39.67% for IBIT. At a 0.27 correlation, their price movements are largely independent. VNQI charges 0.12%/yr vs 0.25%/yr for IBIT.
Performance
VNQI vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, VNQI achieves a -0.33% return, which is significantly higher than IBIT's -27.41% return.
VNQI
- 1D
- 0.68%
- 1M
- -2.33%
- YTD
- -0.33%
- 6M
- 0.85%
- 1Y
- 7.10%
- 3Y*
- 8.59%
- 5Y*
- -1.50%
- 10Y*
- 2.74%
IBIT
- 1D
- -0.03%
- 1M
- -21.94%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -39.67%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VNQI vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VNQI Vanguard Global ex-U.S. Real Estate ETF | -0.33% | 21.38% | 0.25% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between VNQI and IBIT is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.27 |
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Return for Risk
VNQI vs. IBIT — Risk / Return Rank
VNQI
IBIT
VNQI vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Global ex-U.S. Real Estate ETF (VNQI) 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.
| VNQI | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.35 | ||
| Sortino ratioReturn per unit of downside risk | +2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.85 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.40 | -0.78 | +1.18 |
| Martin ratioReturn relative to average drawdown | 1.13 | -1.37 | +2.51 |
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Drawdowns
VNQI vs. IBIT - Drawdown Comparison
The maximum VNQI drawdown since its inception was -38.35%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for VNQI and IBIT.
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Drawdown Indicators
| VNQI | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.35% | -52.11% | +13.76% |
Max Drawdown (1Y)Largest decline over 1 year | -14.78% | -52.11% | +37.33% |
Max Drawdown (3Y)Largest decline over 3 years | -16.35% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -35.00% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -38.35% | — | — |
Current DrawdownCurrent decline from peak | -9.99% | -49.45% | +39.46% |
Average DrawdownAverage peak-to-trough decline | -10.89% | -16.53% | +5.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.19% | 29.64% | -24.45% |
Volatility
VNQI vs. IBIT - Volatility Comparison
The current volatility for Vanguard Global ex-U.S. Real Estate ETF (VNQI) is 4.62%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that VNQI 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
| VNQI | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 12.07% | -7.45% |
Volatility (6M)Calculated over the trailing 6-month period | 11.75% | 34.45% | -22.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.73% | 44.10% | -30.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.54% | 50.26% | -34.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.07% | 50.26% | -34.19% |
VNQI vs. IBIT - Expense Ratio Comparison
VNQI has a 0.12% 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
VNQI vs. IBIT - Dividend Comparison
VNQI's dividend yield for the trailing twelve months is around 4.72%, 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% |
VNQI Vanguard Global ex-U.S. Real Estate ETF | 4.72% | 4.70% | 5.16% | 3.74% | 0.57% | 6.48% | 0.93% | 7.58% | 4.62% | 3.86% | 5.18% | 2.86% |
Frequently Asked Questions
VNQI and IBIT have a correlation of 0.30, 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 VNQI (4.62%). In terms of maximum drawdown, VNQI dropped -38.35% vs IBIT's -52.11%.
On 1-year performance, VNQI leads with 7.10% vs -39.67% for IBIT. On fees, VNQI is cheaper at 0.12% per year. On volatility, VNQI has been the lower-risk option at 4.62%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, VNQI has performed better with a 7.10% return vs -39.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VNQI is cheaper with a 0.12% expense ratio, compared with 0.25% for IBIT.
VNQI has the higher dividend yield at 4.72%, compared with 0.00% for IBIT.
VNQI is categorized as REIT, while IBIT is Cryptocurrency. VNQI tracks S&P Global ex-U.S. Property 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: 0.12% for VNQI and 0.25% for IBIT.
VNQI currently has the higher Sharpe Ratio (0.43 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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