XAGG.TO vs. IBIT

Last updated Apr 2, 2026

Compare and contrast key facts about iShares U.S. Aggregate Bond Index ETF (XAGG.TO) and iShares Bitcoin Trust ETF (IBIT).

XAGG.TO and IBIT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XAGG.TO is a passively managed fund by iShares that tracks the performance of the Bloomberg US Aggregate Bond Index. It was launched on Aug 6, 2021. IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024. Both XAGG.TO and IBIT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XAGG.TO vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in iShares U.S. Aggregate Bond Index ETF (XAGG.TO) and iShares Bitcoin Trust ETF (IBIT). The values are adjusted to include any dividend payments, if applicable.

XAGG.TO vs. IBIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
XAGG.TO iShares U.S. Aggregate Bond Index ETF	1.46%	1.84%	10.62%
IBIT iShares Bitcoin Trust ETF	-21.19%	-10.70%	113.89%

Different Trading Currencies

XAGG.TO is traded in CAD, while IBIT is traded in USD. To make them comparable, the IBIT values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XAGG.TO achieves a 1.46% return, which is significantly higher than IBIT's -21.57% return.

XAGG.TO

• 1D: 0.40%
• 1M: 0.61%
• YTD: 1.46%
• 6M: 1.14%
• 1Y: 1.08%
• 3Y*: 4.41%
• 5Y*: —
• 10Y*: —

IBIT

• 1D: 0.00%
• 1M: -0.30%
• YTD: -21.57%
• 6M: -42.55%
• 1Y: -22.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XAGG.TO vs. IBIT - Expense Ratio Comparison

XAGG.TO has a 0.10% 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%.

IBIT

iShares Bitcoin Trust ETF

XAGG.TO

iShares U.S. Aggregate Bond Index ETF

Return for Risk

XAGG.TO vs. IBIT — Risk / Return Rank

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

XAGG.TO

XAGG.TO Risk / Return Rank: 17
XAGG.TO Sharpe Ratio Rank: 16
XAGG.TO Sortino Ratio Rank: 14
XAGG.TO Omega Ratio Rank: 14
XAGG.TO Calmar Ratio Rank: 23
XAGG.TO Martin Ratio Rank: 19

IBIT

IBIT Risk / Return Rank: 6
IBIT Sharpe Ratio Rank: 5
IBIT Sortino Ratio Rank: 5
IBIT Omega Ratio Rank: 6
IBIT Calmar Ratio Rank: 6
IBIT Martin Ratio Rank: 6

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.

XAGG.TO vs. IBIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Aggregate Bond Index ETF (XAGG.TO) 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.

	XAGG.TO	IBIT	Difference
Sharpe ratio Return per unit of total volatility	0.20	-0.51	+0.71
Sortino ratio Return per unit of downside risk	0.32	-0.48	+0.80
Omega ratio Gain probability vs. loss probability	1.04	0.94	+0.10
Calmar ratio Return relative to maximum drawdown	0.62	-0.41	+1.03
Martin ratio Return relative to average drawdown	1.26	-0.87	+2.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XAGG.TO vs. IBIT - Sharpe Ratio Comparison

The current XAGG.TO Sharpe Ratio is 0.20, which is higher than the IBIT Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of XAGG.TO and IBIT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XAGG.TO	IBIT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.20	-0.51	+0.71
Sharpe Ratio (All Time) Calculated using the full available price history	0.24	0.40	-0.16

Correlation

The correlation between XAGG.TO and IBIT is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

XAGG.TO vs. IBIT - Dividend Comparison

XAGG.TO's dividend yield for the trailing twelve months is around 3.96%, while IBIT has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021
XAGG.TO iShares U.S. Aggregate Bond Index ETF	3.96%	3.86%	3.06%	2.29%	1.62%	1.02%
IBIT iShares Bitcoin Trust ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XAGG.TO vs. IBIT - Drawdown Comparison

The maximum XAGG.TO drawdown since its inception was -12.50%, smaller than the maximum IBIT drawdown of -50.21%. Use the drawdown chart below to compare losses from any high point for XAGG.TO and IBIT.

Drawdown Indicators

	XAGG.TO	IBIT	Difference
Max Drawdown Largest peak-to-trough decline	-12.50%	-49.36%	+36.86%
Max Drawdown (1Y) Largest decline over 1 year	-5.57%	-49.36%	+43.79%
Current Drawdown Current decline from peak	-1.33%	-45.80%	+44.47%
Average Drawdown Average peak-to-trough decline	-4.54%	-14.18%	+9.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.45%	23.27%	-19.82%

Volatility

XAGG.TO vs. IBIT - Volatility Comparison

The current volatility for iShares U.S. Aggregate Bond Index ETF (XAGG.TO) is 1.99%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 12.85%. This indicates that XAGG.TO 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

	XAGG.TO	IBIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.99%	12.85%	-10.86%
Volatility (6M) Calculated over the trailing 6-month period	4.37%	36.37%	-32.00%
Volatility (1Y) Calculated over the trailing 1-year period	7.15%	44.85%	-37.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.82%	50.57%	-40.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.82%	50.57%	-40.75%