WSML vs. IBIT
WSML (iShares MSCI World Small-Cap ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - WSML is a Global Equities fund tracking the MSCI World Small Cap 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, WSML returned 29.90% vs -43.71% for IBIT. At a 0.45 correlation, their price movements are largely independent.
Performance
WSML vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, WSML achieves a 16.08% return, which is significantly higher than IBIT's -31.16% return.
WSML
- 1D
- 0.17%
- 1M
- 1.26%
- YTD
- 16.08%
- 6M
- 14.77%
- 1Y
- 29.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBIT
- 1D
- 0.97%
- 1M
- -17.90%
- YTD
- -31.16%
- 6M
- -30.78%
- 1Y
- -43.71%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WSML vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
WSML iShares MSCI World Small-Cap ETF | 16.08% | 29.10% |
IBIT iShares Bitcoin Trust ETF | -31.16% | 0.49% |
Correlation
The correlation between WSML and IBIT is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 2025 | 0.45 |
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Return for Risk
WSML vs. IBIT — Risk / Return Rank
WSML
IBIT
WSML vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World Small-Cap ETF (WSML) 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.
| WSML | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.93 | ||
| Sortino ratioReturn per unit of downside risk | +4.19 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.84 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 2.81 | -0.83 | +3.63 |
| Martin ratioReturn relative to average drawdown | 11.21 | -1.40 | +12.61 |
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Drawdowns
WSML vs. IBIT - Drawdown Comparison
The maximum WSML drawdown since its inception was -10.70%, smaller than the maximum IBIT drawdown of -52.98%. Use the drawdown chart below to compare losses from any high point for WSML and IBIT.
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Drawdown Indicators
| WSML | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.70% | -52.98% | +42.28% |
Max Drawdown (1Y)Largest decline over 1 year | -10.70% | -52.98% | +42.28% |
Current DrawdownCurrent decline from peak | 0.00% | -52.05% | +52.05% |
Average DrawdownAverage peak-to-trough decline | -1.45% | -17.08% | +15.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 31.29% | -28.62% |
Volatility
WSML vs. IBIT - Volatility Comparison
The current volatility for iShares MSCI World Small-Cap ETF (WSML) is 5.10%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 13.70%. This indicates that WSML 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
| WSML | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.10% | 13.70% | -8.60% |
Volatility (6M)Calculated over the trailing 6-month period | 12.22% | 34.64% | -22.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.52% | 44.47% | -28.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.82% | 50.14% | -32.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.82% | 50.14% | -32.32% |
Dividends
WSML vs. IBIT - Dividend Comparison
WSML's dividend yield for the trailing twelve months is around 2.78%, while IBIT has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
IBIT iShares Bitcoin Trust ETF | 0.00% | 0.00% |
WSML iShares MSCI World Small-Cap ETF | 2.78% | 2.53% |
Frequently Asked Questions
WSML and IBIT have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (13.70%) compared to WSML (5.10%). In terms of maximum drawdown, WSML dropped -10.70% vs IBIT's -52.98%.
On 1-year performance, WSML leads with 29.90% vs -43.71% for IBIT. On volatility, WSML has been the lower-risk option at 5.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, WSML has performed better with a 29.90% return vs -43.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WSML has the higher dividend yield at 2.78%, compared with 0.00% for IBIT.
WSML is categorized as Global Equities, while IBIT is Cryptocurrency. WSML tracks MSCI World Small Cap Index, while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant.
WSML currently has the higher Sharpe Ratio (1.94 vs -0.99), 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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