# ETFs and Stocks That Consistently Outperformed IBIT (Bitcoin)

> Source: BetterThanSPY research, https://betterthanspy.com/research/etfs-and-stocks-that-outperform-ibit
> Data as of October 22, 2026. Total returns include reinvested dividends. Past performance does not predict future results; nothing here is investment advice.

IBIT (iShares Bitcoin Trust ETF) screened against the entire market of over 10,000 stocks and ETFs over 5 periods from 1 month to 1 year, with dividends reinvested. To make the list, an investment had to outperform IBIT in at least 3 of 5 periods. "All-weather" means outperforming in every long-term period and all but one short-term period. Returns in the tables are total returns over each period; volatility and Sharpe ratio cover 1 year.

## Key findings

- How hard it was to top IBIT: It was relatively easy for ETFs and stocks to outperform Bitcoin, which IBIT holds. Of 2,480 eligible ETFs, 2,113, or 85%, outperformed in at least 3 of 5 short-term periods; among 2,021 eligible stocks, 1,310, or 65%, did so. No all-weather winners qualified because IBIT has no long-term history.
- Who came out ahead across the three groups:
  - Popular alternatives: SPY outperformed in 4 of 5 periods, while VGT and QQQ each did so in 3 of 5. HUT and BLOK each outperformed in 2 of 5, and MSTR did the same; COIN and MARA outperformed in 0 of 5. FBTC, a same-index Bitcoin fund, tied IBIT in every period.
  - Top ETFs: Technology led the displayed ETF mix, alongside commodities and alternatives. BNO, DBE, IDNA, and WCBR each outperformed in 5 of 5 periods. In all, 2,113 ETFs made the consistency cut.
  - Top stocks: 1,310 stocks made the consistency cut. The top stocks shown include healthcare names IOVA, KOD, and CDNA, along with industrials stock ECO. Each outperformed in 5 of 5 periods.
- The risk trade-off: The top ETFs generally had smaller price swings than IBIT, while the top stocks were more volatile. In the 1 year period, 11 of 15 top ETFs were less volatile than IBIT, and all 15 had higher Sharpe ratios. Only 2 of 10 top stocks were less volatile, but all 10 had higher Sharpe ratios.

## How popular alternatives compare

| Investment | Status | Periods outperformed | 1M | 3M | 6M | YTD | 1Y | Volatility | Sharpe |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| IBIT: iShares Bitcoin Trust ETF (benchmark) |  |  | −5.7% | +23.4% | +2.9% | −9.6% | −24.8% | 45.1% | -0.41 |
| SI: Shoulder Innovations, Inc. | Made the list | 4/5 short | +12.2% | −2.8% | +44.3% | +37.4% | +53.8% | 68.0% | 0.95 |
| [SPY](https://betterthanspy.com/research/spy): State Street SPDR S&P 500 ETF | Made the list | 4/5 short | −1.2% | +2.5% | +8.0% | +12.7% | +15.6% | 12.8% | 1.21 |
| [VGT](https://betterthanspy.com/research/vgt): Vanguard Information Technology ETF | Made the list | 3/5 short | −6.1% | +2.7% | +15.4% | +25.9% | +26.7% | 25.0% | 1.07 |
| [QQQ](https://betterthanspy.com/research/qqq): Invesco QQQ Trust, Series 1 | Made the list | 3/5 short | −5.8% | 0.0% | +7.8% | +15.3% | +16.9% | 20.0% | 0.88 |
| HUT: Hut 8 Corp. | Fell short | 2/5 short | −40.0% | −41.8% | −20.8% | +24.8% | +64.7% | 107% | 0.99 |
| BLOK: Amplify Blockchain Technology ETF | Fell short | 2/5 short | −19.3% | −13.4% | −11.6% | −8.5% | −18.1% | 40.8% | -0.29 |
| [MSTR](https://betterthanspy.com/research/mstr): Strategy Inc | Fell short | 2/5 short | −12.9% | +45.8% | −18.7% | −7.2% | −48.1% | 82.2% | -0.40 |
| RIOT: Riot Platforms, Inc. | Fell short | 1/5 short | −48.3% | −44.9% | −30.2% | −9.0% | −32.1% | 87.9% | -0.01 |
| FBTC: Fidelity Wise Origin Bitcoin Fund | Same index | about the same returns | −5.7% | +23.3% | +3.0% | −9.5% | −24.7% | 45.0% | -0.41 |
| [GBTC](https://betterthanspy.com/research/gbtc): Grayscale Bitcoin Trust ETF | Fell short | 0/5 short | −5.7% | +23.0% | +2.4% | −10.4% | −25.7% | 45.0% | -0.44 |
| BITO: ProShares Bitcoin ETF | Fell short | 0/5 short | −6.1% | +21.9% | +1.2% | −11.9% | −27.2% | 44.8% | -0.49 |
| [COIN](https://betterthanspy.com/research/coin): Coinbase Global, Inc. | Fell short | 0/5 short | −15.9% | +1.8% | −18.0% | −28.5% | −47.2% | 72.5% | -0.53 |
| MARA: Marathon Digital Holdings, Inc. | Fell short | 0/5 short | −46.8% | −41.6% | −38.8% | −26.8% | −62.1% | 84.8% | -0.73 |

## ETFs that consistently outperformed IBIT

| Investment | Periods outperformed | 1M | 3M | 6M | YTD | 1Y | Volatility | Sharpe | Expense | Assets |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| IBIT: iShares Bitcoin Trust ETF (benchmark) |  | −5.7% | +23.4% | +2.9% | −9.6% | −24.8% | 45.1% | -0.41 |  |  |
| BNO: United States Brent Oil Fund LP | 5/5 short | +19.0% | +34.0% | +36.4% | +144% | +139% | 47.4% | 2.08 | 1.15% | $768M |
| DBE: Invesco DB Energy Fund | 5/5 short | +11.4% | +26.4% | +33.5% | +130% | +123% | 40.1% | 2.21 | 0.79% | $132M |
| IDNA: iShares Genomics Immunology and Healthcare ETF | 5/5 short | −1.7% | +26.7% | +33.5% | +57.2% | +68.9% | 29.8% | 1.91 | 0.47% | $308M |
| WCBR: WisdomTree Cybersecurity Fund | 5/5 short | +3.5% | +28.7% | +76.9% | +73.0% | +48.5% | 40.2% | 1.19 | 0.45% | $202M |
| BUG: Global X - Cybersecurity ETF | 5/5 short | +2.9% | +24.3% | +73.5% | +59.9% | +36.1% | 38.3% | 1.00 | 0.50% | $2.1B |
| WCLD: WisdomTree Cloud Computing Fund | 5/5 short | +10.0% | +40.4% | +60.6% | +33.8% | +28.9% | 39.3% | 0.84 | 0.45% | $298M |
| CLOU: Global X - Cloud Computing ETF | 5/5 short | +2.5% | +28.0% | +45.5% | +34.3% | +26.2% | 32.9% | 0.87 | 0.68% | $417M |
| PLTY: YieldMax PLTR Option Income Strategy ETF | 5/5 short | +3.4% | +46.2% | +26.8% | +18.2% | +12.1% | 52.0% | 0.47 | 1.07% | $342M |
| XSW: State Street SPDR S&P Software & Services ETF | 5/5 short | +6.3% | +26.3% | +36.2% | +16.2% | +8.6% | 31.4% | 0.42 | 0.35% | $488M |
| PLTW: Roundhill Investments - PLTR WeeklyPay ETF | 5/5 short | +6.5% | +67.2% | +29.1% | +11.1% | +3.8% | 73.0% | 0.40 | 0.99% | $127M |
| USO: United States Oil Fund, LP | 4/5 short | +12.8% | +23.4% | +25.6% | +136% | +130% | 49.5% | 1.94 | 0.86% | $1.9B |
| UGA: United States Gasoline Fund, LP | 4/5 short | −0.6% | +16.0% | +32.8% | +132% | +125% | 39.1% | 2.28 | 1.08% | $167M |
| DBO: Invesco DB Oil Fund | 4/5 short | +10.4% | +18.6% | +27.1% | +114% | +109% | 41.5% | 1.99 | 0.81% | $278M |
| OILK: ProShares - K-1 Free Crude Oil ETF | 4/5 short | +12.5% | +23.7% | +27.2% | +93.0% | +86.7% | 30.7% | 2.20 | 0.70% | $245M |
| BOAT: SonicShares Global Shipping ETF | 4/5 short | −0.2% | +21.7% | +33.1% | +70.5% | +81.1% | 21.9% | 2.84 | 0.69% | $148M |

## Stocks that consistently outperformed IBIT

| Investment | Periods outperformed | 1M | 3M | 6M | YTD | 1Y | Volatility | Sharpe | Market cap |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| IBIT: iShares Bitcoin Trust ETF (benchmark) |  | −5.7% | +23.4% | +2.9% | −9.6% | −24.8% | 45.1% | -0.41 |  |
| IOVA: Iovance Biotherapeutics, Inc. | 5/5 short | +32.9% | +174% | +301% | +461% | +558% | 105% | 2.29 | $6.4B |
| KOD: Kodiak Sciences Inc. | 5/5 short | +154% | +105% | +89.8% | +230% | +375% | 207% | 1.35 | $5.4B |
| CDNA: CareDx, Inc | 5/5 short | +22.4% | +83.1% | +235% | +261% | +374% | 73.0% | 2.48 | $3.6B |
| ECO: Okeanis Eco Tankers Corp. | 5/5 short | +16.1% | +73.7% | +102% | +229% | +233% | 44.0% | 2.97 | $2.9B |
| SSL: Sasol Limited | 5/5 short | +26.6% | +54.2% | +32.6% | +162% | +216% | 56.7% | 2.32 | $11B |
| PLSE: Pulse Biosciences, Inc. | 5/5 short | 0.0% | +60.8% | +116% | +293% | +205% | 88.4% | 1.67 | $3.8B |
| LIND: Lindblad Expeditions Holdings, Inc. | 5/5 short | +29.0% | +26.8% | +92.3% | +144% | +180% | 51.0% | 2.28 | $2.3B |
| RNG: RingCentral, Inc. | 5/5 short | −0.4% | +111% | +92.0% | +189% | +178% | 70.3% | 1.79 | $5.9B |
| [ILMN](https://betterthanspy.com/research/ilmn): Illumina, Inc. | 5/5 short | +8.9% | +41.1% | +106% | +101% | +177% | 49.9% | 2.29 | $41B |
| INSW: International Seaways, Inc. | 5/5 short | +4.3% | +28.1% | +58.1% | +165% | +172% | 40.1% | 2.71 | $5.4B |

## What stands out

The ETF leaders covered several different areas, including technology, commodities, healthcare, and alternatives. Technology was the largest category in the displayed ETF mix, with cybersecurity and cloud-computing funds among the standouts. The stock winners were more concentrated in healthcare, with several biotechnology and medical-device companies, though shipping, materials, travel, and technology also appeared. These results cover short-term periods only, so they show recent leadership rather than a record across long-term windows.

The risk figures put the returns in context. IBIT had 45.1% volatility and a negative Sharpe ratio over 1 year, while the displayed top ETFs had lower median volatility and a higher median Sharpe ratio. The top stocks had moderately higher median volatility, but their median Sharpe ratio was also higher. In short, the stock winners took a bumpier ride, while the ETF group combined lower volatility with stronger risk-adjusted results.

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## Explore further

- Full page: https://betterthanspy.com/research/etfs-and-stocks-that-outperform-ibit
- All research pages: https://betterthanspy.com/llms.txt