VWRA.L vs. IBIT
VWRA.L (Vanguard FTSE All-World UCITS ETF USD Accumulating) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - VWRA.L is a Global Equities fund tracking the FTSE All-World 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, VWRA.L returned 25.71% vs -40.63% for IBIT. At a 0.29 correlation, their price movements are largely independent. VWRA.L charges 0.22%/yr vs 0.25%/yr for IBIT.
Performance
VWRA.L vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, VWRA.L achieves a 10.21% return, which is significantly higher than IBIT's -27.41% return.
VWRA.L
- 1D
- 2.32%
- 1M
- 0.88%
- YTD
- 10.21%
- 6M
- 11.90%
- 1Y
- 25.71%
- 3Y*
- 19.80%
- 5Y*
- 10.91%
- 10Y*
- —
IBIT
- 1D
- -0.03%
- 1M
- -20.12%
- YTD
- -27.41%
- 6M
- -29.61%
- 1Y
- -40.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VWRA.L vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VWRA.L Vanguard FTSE All-World UCITS ETF USD Accumulating | 10.21% | 22.45% | 18.75% |
IBIT iShares Bitcoin Trust ETF | -27.41% | -6.41% | 89.87% |
Correlation
The correlation between VWRA.L and IBIT is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.29 |
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Return for Risk
VWRA.L vs. IBIT — Risk / Return Rank
VWRA.L
IBIT
VWRA.L vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L) 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.
| VWRA.L | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.93 | ||
| Sortino ratioReturn per unit of downside risk | +4.30 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.85 | +0.51 |
| Calmar ratioReturn relative to maximum drawdown | 2.91 | -0.78 | +3.70 |
| Martin ratioReturn relative to average drawdown | 11.88 | -1.37 | +13.25 |
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Drawdowns
VWRA.L vs. IBIT - Drawdown Comparison
The maximum VWRA.L drawdown since its inception was -33.62%, smaller than the maximum IBIT drawdown of -52.11%. Use the drawdown chart below to compare losses from any high point for VWRA.L and IBIT.
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Drawdown Indicators
| VWRA.L | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.62% | -52.11% | +18.49% |
Max Drawdown (1Y)Largest decline over 1 year | -8.78% | -52.11% | +43.33% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.06% | — | — |
Current DrawdownCurrent decline from peak | -1.98% | -49.45% | +47.47% |
Average DrawdownAverage peak-to-trough decline | -5.36% | -16.53% | +11.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 29.64% | -27.48% |
Volatility
VWRA.L vs. IBIT - Volatility Comparison
The current volatility for Vanguard FTSE All-World UCITS ETF USD Accumulating (VWRA.L) is 4.38%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.07%. This indicates that VWRA.L 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
| VWRA.L | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.38% | 12.07% | -7.69% |
Volatility (6M)Calculated over the trailing 6-month period | 10.27% | 34.45% | -24.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.74% | 44.10% | -31.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.39% | 50.26% | -34.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.25% | 50.26% | -33.01% |
VWRA.L vs. IBIT - Expense Ratio Comparison
VWRA.L has a 0.22% 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
VWRA.L vs. IBIT - Dividend Comparison
Neither VWRA.L nor IBIT has paid dividends to shareholders.
Frequently Asked Questions
VWRA.L and IBIT have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VWRA.L is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VWRA.L is cheaper with a 0.22% expense ratio, compared with 0.25% for IBIT.
VWRA.L is categorized as Global Equities, while IBIT is Cryptocurrency. VWRA.L tracks FTSE All-World 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: 0.22% for VWRA.L and 0.25% for IBIT.
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