Which returned more over the last year, FBTC or GLDM?

In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and GLDM returned +19.9%, so GLDM returned more.

Which is cheaper, FBTC or GLDM?

FBTC charges 0.25% a year and GLDM charges 0.18%, so GLDM is cheaper. Fees come from each fund's prospectus.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs GLDM: how they differ

FBTC is a spot crypto ETP and GLDM a commodity fund, and over the year GLDM returned more, +19.9% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and SPDR Gold MiniShares Trust.

FBTC and GLDM on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	FBTC Fidelity Wise Origin Bitcoin Fund	GLDM SPDR Gold MiniShares Trust
Where it sits	Core fund	Core fund
Issuer	Fidelity	State Street
What it is	Holds bitcoin	Holds gold
Total return, 1 year	−31.0%	+19.9%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	−47.6 pts	+3.4 pts
Expense ratio	0.25%	0.18%
Net assets	$13.9bn	$32.0bn

FBTC in plain words

FBTC holds bitcoin. Over the year to Sep 18, 2026 it returned −31.0% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.25% a year. It sat 35.4% below its high of Oct 6, 2025 on Sep 18, 2026.

GLDM in plain words

GLDM holds gold. Over the year to Sep 18, 2026 it returned +19.9% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. It sat 18.9% below its high of Jan 29, 2026 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, FBTC or GLDM?: In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and GLDM returned +19.9%, so GLDM returned more.
Which is cheaper, FBTC or GLDM?: FBTC charges 0.25% a year and GLDM charges 0.18%, so GLDM is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FBTC against GLDM, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FBTC against GLDM, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-gldm Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources