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Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs IWC: how they differ

FBTC is a spot crypto ETP and IWC an equity index fund, and over the year IWC returned more, +26.7% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and iShares Micro-Cap ETF.

FBTC and IWC on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
FBTC
Fidelity Wise Origin Bitcoin Fund
IWC
iShares Micro-Cap ETF
Where it sitsCore fundCore fund
IssuerFidelityiShares
What it isHolds bitcoinTracks the Russell Microcap
Total return, 1 year−31.0%+26.7%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−47.6 pts+10.1 pts
Expense ratio0.25%0.60%
Holdingsnot filed1376
Net assets$13.9bn$1.4bn

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.

IWC in plain words

IWC tracks the Russell Microcap. Over the year to Sep 18, 2026 it returned +26.7% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.60% a year. By its holdings published by its issuer for Sep 18, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1376 positions, with the top ten at 5.4%. It sat 5.6% below its high of Aug 14, 2026 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, FBTC or IWC?
In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and IWC returned +26.7%, so IWC returned more.
Which is cheaper, FBTC or IWC?
FBTC charges 0.25% a year and IWC charges 0.60%, so FBTC 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 IWC, 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 IWC, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-iwc Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources