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 45.88% vs -38.74% for IBIT. At a 0.44 correlation, their price movements are largely independent. XT charges 0.46%/yr vs 0.25%/yr for IBIT.
Performance
XT vs. IBIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XT achieves a 20.20% return, which is significantly higher than IBIT's -25.48% return.
XT
- 1D
- -0.47%
- 1M
- 9.47%
- YTD
- 20.20%
- 6M
- 20.54%
- 1Y
- 45.88%
- 3Y*
- 18.83%
- 5Y*
- 8.42%
- 10Y*
- 14.70%
IBIT
- 1D
- -2.76%
- 1M
- -18.50%
- YTD
- -25.48%
- 6M
- -29.84%
- 1Y
- -38.74%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XT vs. IBIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
XT iShares Future Exponential Technologies ETF | 20.20% | 26.28% | 3.06% |
IBIT iShares Bitcoin Trust ETF | -25.48% | -6.41% | 99.21% |
Correlation
The correlation between XT and IBIT is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2024 | 0.44 |
The correlation between XT and IBIT has been stable across timeframes, ranging from 0.44 to 0.50 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
| XT | IBIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.77 | ||
| Sortino ratioReturn per unit of downside risk | +5.05 | ||
| Omega ratioGain probability vs. loss probability | 1.48 | 0.86 | +0.62 |
| Calmar ratioReturn relative to maximum drawdown | 4.41 | -0.79 | +5.20 |
| Martin ratioReturn relative to average drawdown | 18.51 | -1.36 | +19.87 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XT | IBIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.89 | -0.89 | +3.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.30 | +0.36 |
Drawdowns
XT vs. IBIT - Drawdown Comparison
The maximum XT drawdown since its inception was -34.41%, smaller than the maximum IBIT drawdown of -49.36%. Use the drawdown chart below to compare losses from any high point for XT and IBIT.
Loading charts...
Drawdown Indicators
| XT | IBIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.41% | -49.36% | +14.95% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -49.36% | +38.91% |
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 | -0.47% | -48.10% | +47.63% |
Average DrawdownAverage peak-to-trough decline | -7.41% | -16.02% | +8.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 28.44% | -25.95% |
Volatility
XT vs. IBIT - Volatility Comparison
The current volatility for iShares Future Exponential Technologies ETF (XT) is 4.85%, while iShares Bitcoin Trust ETF (IBIT) has a volatility of 9.50%. 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.
Loading charts...
Volatility by Period
| XT | IBIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.85% | 9.50% | -4.65% |
Volatility (6M)Calculated over the trailing 6-month period | 11.94% | 34.44% | -22.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.99% | 43.73% | -27.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.76% | 50.19% | -29.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.08% | 50.19% | -30.11% |
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 6.61%, 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 | 6.61% | 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 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBIT has higher volatility (9.50%) compared to XT (4.85%). In terms of maximum drawdown, XT dropped -34.41% vs IBIT's -49.36%.
On 1-year performance, XT leads with 45.88% vs -38.74% for IBIT. On fees, IBIT is cheaper at 0.25% per year. On volatility, XT has been the lower-risk option at 4.85%. 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 45.88% return vs -38.74%. 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 6.61%, 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 (2.89 vs -0.89), 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.
Find the right allocation for XT and IBIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer