BITS vs IVV
Global X Blockchain & Bitcoin Strategy ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 508 holdings.
Side-by-Side Comparison
| Metric | BITS | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.03% | |
| AUM | $23M | $907.0B | |
| Dividend Yield | 25.64% | 1.10% | |
| Holdings | 5 | 508 | |
| YTD Return | -17.16% | +14.29% | |
| 1Y Return | -16.72% | +21.79% | |
| 3Y Return (annualized) | +35.61% | +22.19% | |
| 5Y Return (annualized) | - | +13.28% | |
| Volatility (annualized) | 64.3% | 15.1% | |
| Max Drawdown | -83.1% | -56.5% | |
| Fund Family | Global X by mirae Asset | iShares by BlackRock (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 15, 2021 | May 15, 2000 |
BITS vs IVV Performance
Global X Blockchain & Bitcoin Strategy ETF (BITS) is a ETF from Global X by mirae Asset and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BITS returned -16.72% while IVV returned +21.79%. Year to date, BITS is down 17.16% versus a gain of 14.29% for IVV.
Over three years, BITS compounded at +35.61% per year against +22.19% for IVV. Across the full 5-year window we track, IVV has the edge at +7.06% annualized vs -2.48%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BITS has been the more volatile fund, with annualized monthly volatility of 64.3% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -83.1% for BITS and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BITS charges 0.65% per year while IVV charges 0.03%. On a $10,000 position that is $65 vs $3 annually, a gap of $62 per year that compounds over a long holding period. On income, BITS currently yields 25.64% against 1.10% for IVV.
Holdings Overlap
BITS and IVV share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BITS or IVV?
BITS has an expense ratio of 0.65% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, BITS or IVV?
Over the past year BITS returned -16.72% vs +21.79% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (5 years), BITS annualized -2.48% vs +7.06% for IVV. Past performance does not guarantee future results.
Which is riskier, BITS or IVV?
BITS has been the more volatile fund at 64.3% annualized versus 15.1% for IVV. Worst drawdown: BITS -83.1% vs IVV -56.5%.
Should I hold both BITS and IVV?
BITS and IVV have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BITS and IVV?
BITS and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, BITS or IVV?
BITS yields 25.64% while IVV yields 1.10%, so BITS currently pays the higher dividend yield.
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