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YBIT vs. IBIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between YBIT and IBIT is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

YBIT vs. IBIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Bitcoin Option Income Strategy ETF (YBIT) and iShares Bitcoin Trust (IBIT). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
12.55%
56.58%
YBIT
IBIT

Key characteristics

Daily Std Dev

YBIT:

43.15%

IBIT:

57.36%

Max Drawdown

YBIT:

-29.01%

IBIT:

-27.51%

Current Drawdown

YBIT:

-10.99%

IBIT:

-12.94%

Returns By Period


YBIT

YTD

N/A

1M

-10.77%

6M

12.55%

1Y

N/A

5Y*

N/A

10Y*

N/A

IBIT

YTD

N/A

1M

-6.41%

6M

56.58%

1Y

N/A

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

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YBIT vs. IBIT - Expense Ratio Comparison

YBIT has a 0.99% expense ratio, which is higher than IBIT's 0.25% expense ratio.


YBIT
YieldMax Bitcoin Option Income Strategy ETF
Expense ratio chart for YBIT: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for IBIT: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

YBIT vs. IBIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Bitcoin Option Income Strategy ETF (YBIT) and iShares Bitcoin Trust (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.


Sharpe ratio
No data
YBIT
IBIT


Chart placeholderNot enough data

Dividends

YBIT vs. IBIT - Dividend Comparison

YBIT's dividend yield for the trailing twelve months is around 51.81%, while IBIT has not paid dividends to shareholders.


TTM
YBIT
YieldMax Bitcoin Option Income Strategy ETF
51.81%
IBIT
iShares Bitcoin Trust
0.00%

Drawdowns

YBIT vs. IBIT - Drawdown Comparison

The maximum YBIT drawdown since its inception was -29.01%, which is greater than IBIT's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for YBIT and IBIT. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.99%
-12.94%
YBIT
IBIT

Volatility

YBIT vs. IBIT - Volatility Comparison

The current volatility for YieldMax Bitcoin Option Income Strategy ETF (YBIT) is 12.25%, while iShares Bitcoin Trust (IBIT) has a volatility of 15.97%. This indicates that YBIT 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.


10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
12.25%
15.97%
YBIT
IBIT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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