^GSPTXDV vs. IBIT
Compare and contrast key facts about S&P/TSX Dividend Aristocrats (^GSPTXDV) and iShares Bitcoin Trust (IBIT).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^GSPTXDV or IBIT.
Correlation
The correlation between ^GSPTXDV and IBIT is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
^GSPTXDV vs. IBIT - Performance Comparison
Key characteristics
^GSPTXDV:
1.51
IBIT:
1.59
^GSPTXDV:
2.17
IBIT:
2.27
^GSPTXDV:
1.26
IBIT:
1.26
^GSPTXDV:
1.38
IBIT:
3.24
^GSPTXDV:
5.18
IBIT:
7.34
^GSPTXDV:
2.52%
IBIT:
12.15%
^GSPTXDV:
8.60%
IBIT:
56.30%
^GSPTXDV:
-46.09%
IBIT:
-27.51%
^GSPTXDV:
-5.45%
IBIT:
-7.72%
Returns By Period
In the year-to-date period, ^GSPTXDV achieves a -0.98% return, which is significantly lower than IBIT's 5.64% return.
^GSPTXDV
-0.98%
-0.87%
6.08%
13.00%
3.52%
2.80%
IBIT
5.64%
-7.25%
63.14%
92.71%
N/A
N/A
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Risk-Adjusted Performance
^GSPTXDV vs. IBIT — Risk-Adjusted Performance Rank
^GSPTXDV
IBIT
^GSPTXDV vs. IBIT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for S&P/TSX Dividend Aristocrats (^GSPTXDV) 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.
Drawdowns
^GSPTXDV vs. IBIT - Drawdown Comparison
The maximum ^GSPTXDV drawdown since its inception was -46.09%, which is greater than IBIT's maximum drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for ^GSPTXDV and IBIT. For additional features, visit the drawdowns tool.
Volatility
^GSPTXDV vs. IBIT - Volatility Comparison
The current volatility for S&P/TSX Dividend Aristocrats (^GSPTXDV) is 2.88%, while iShares Bitcoin Trust (IBIT) has a volatility of 9.31%. This indicates that ^GSPTXDV 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.