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Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs MBB: how they differ

FBTC is a spot crypto ETP and MBB a bond index fund, and over the year MBB returned more, +0.3% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and iShares MBS ETF.

FBTC and MBB on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
FBTC
Fidelity Wise Origin Bitcoin Fund
MBB
iShares MBS ETF
Where it sitsCore fundCore fund
IssuerFidelityiShares
What it isHolds bitcoinTracks an index of MBS
Total return, 1 year−31.0%+0.3%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−47.6 pts−16.3 pts
Expense ratio0.25%0.04%
Holdingsnot filed11214
Net assets$13.9bn$38.9bn

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.

MBB in plain words

MBB tracks an index of MBS. Over the year to Sep 18, 2026 it returned +0.3% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. It sat 3.4% below its high of Feb 27, 2026 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, FBTC or MBB?
In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and MBB returned +0.3%, so MBB returned more.
Which is cheaper, FBTC or MBB?
FBTC charges 0.25% a year and MBB charges 0.04%, so MBB 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 MBB, 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 MBB, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-mbb Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources