XT vs. IBIT
XT (iShares Future Exponential Technologies ETF) and IBIT (iShares Bitcoin Trust ETF) are both exchange-traded funds - XT is a Technology Equities fund tracking the Morningstar Exponential Technologies Index (Net), while IBIT is a Cryptocurrency fund tracking the CME CF Bitcoin Reference Rate - New York Variant. Both are passively managed. Over the past year, XT returned 33.19% vs -43.69% for IBIT. Their 0.44 correlation means their historical movements had little consistent relationship. XT charges 0.46%/yr vs 0.25%/yr for IBIT.
Performance
XT vs. IBIT - Performance Comparison
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Returns By Period
In the year-to-date period, XT achieves a 15.68% return, which is significantly higher than IBIT's -27.17% return.
XT
- 1D
- 0.94%
- 1M
- -2.33%
- 6M
- 11.05%
- YTD
- 15.68%
- 1Y
- 33.19%
- 3Y*
- 16.27%
- 5Y*
- 6.52%
- 10Y*
- 13.72%
- ALL TIME*
- 12.32%
IBIT
- 1D
- 1.46%
- 1M
- 3.70%
- 6M
- -18.23%
- YTD
- -27.17%
- 1Y
- -43.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.33B | $1.34B | $1.65B | |
| $6.36M | $6.26M | $10.28M |
XT vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XT iShares Future Exponential Technologies ETF | 15.68% | 26.28% | 3.19% |
IBIT iShares Bitcoin Trust ETF | -27.17% | -6.41% | 89.87% |
Correlation
The correlation between XT and IBIT is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024 | 0.44 |
The correlation between XT and IBIT has been stable across timeframes, ranging from 0.44 to 0.51 - a consistent structural relationship.
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Return for Risk
XT vs. IBIT — Risk / Return Rank
XT
IBIT
XT vs. IBIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Future Exponential Technologies ETF (XT) 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.
| XT | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.86 | ||
| Sortino ratioReturn per unit of downside risk | +3.98 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.84 | +0.48 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | -0.82 | +4.01 |
| Martin ratioReturn relative to average drawdown | 11.45 | -1.26 | +12.71 |
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Drawdowns
XT vs. IBIT - Drawdown Comparison
The maximum XT drawdown since its inception was -34.41%, smaller than the maximum IBIT drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for XT and IBIT.
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Drawdown Indicators
| XT | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.41% | -53.30% | +18.89% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -53.30% | +42.85% |
Max Drawdown (3Y)Largest decline over 3 years | -22.09% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -34.41% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -34.41% | — | — |
Current DrawdownCurrent decline from peak | -4.22% | -49.28% | +45.06% |
Average DrawdownAverage peak-to-trough decline | -7.35% | -18.29% | +10.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 34.80% | -31.90% |
Volatility
XT vs. IBIT - Volatility Comparison
The current volatility for iShares Future Exponential Technologies ETF (XT) is 5.03%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 8.98%. This indicates that XT 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
| XT | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.03% | 8.98% | -3.95% |
Volatility (6M)Calculated over the trailing 6-month period | 14.41% | 33.79% | -19.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.83% | 44.48% | -26.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.09% | 49.57% | -28.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.13% | 49.57% | -29.44% |
XT vs. IBIT - Expense Ratio Comparison
XT has a 0.46% expense ratio, which is higher than IBIT's 0.25% expense ratio.
Dividends
XT vs. IBIT - Dividend Comparison
XT's dividend yield for the trailing twelve months is around 7.08%, 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% |
XT iShares Future Exponential Technologies ETF | 7.08% | 7.95% | 0.66% | 0.41% | 0.78% | 0.84% | 0.77% | 1.55% | 1.40% | 0.97% | 1.37% | 1.34% |
Frequently Asked Questions
XT and IBIT have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (8.98%) compared to XT (5.03%). In terms of maximum drawdown, XT dropped -34.41% vs IBIT's -53.30%.
On 1-year performance, XT leads with 33.19% vs -43.69% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, XT has been the lower-risk option at 5.03%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, XT has performed better with a 33.19% return vs -43.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIT is cheaper with a 0.25% expense ratio, compared with 0.46% for XT.
XT has the higher dividend yield at 7.08%, compared with 0.00% for IBIT.
XT is categorized as Technology Equities, while IBIT is Cryptocurrency. XT tracks Morningstar Exponential Technologies Index (Net), while IBIT tracks CME CF Bitcoin Reference Rate - New York Variant. Their fees differ too: 0.46% for XT and 0.25% for IBIT.
XT currently has the higher Sharpe Ratio (1.87 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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