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Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs GOVT: how they differ

FBTC is a spot crypto ETP and GOVT a bond index fund, and over the year GOVT returned more, −0.7% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and iShares U.S. Treasury Bond ETF.

FBTC and GOVT on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
FBTC
Fidelity Wise Origin Bitcoin Fund
GOVT
iShares U.S. Treasury Bond ETF
Where it sitsCore fundCore fund
IssuerFidelityiShares
What it isHolds bitcoinTracks an index of U.S. Treasury Bond
Total return, 1 year−31.0%−0.7%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−47.6 pts−17.3 pts
Expense ratio0.25%0.05%
Holdingsnot filed220
Net assets$13.9bn$41.6bn

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.

GOVT in plain words

GOVT tracks an index of U.S. Treasury Bond. Over the year to Sep 18, 2026 it returned −0.7% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.5% below its high of Aug 4, 2020 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, FBTC or GOVT?
In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and GOVT returned −0.7%, so GOVT returned more.
Which is cheaper, FBTC or GOVT?
FBTC charges 0.25% a year and GOVT charges 0.05%, so GOVT 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 GOVT, 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 GOVT, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-govt Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources