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

In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and MDY returned +11.6%, so MDY returned more.

Which is cheaper, FBTC or MDY?

FBTC charges 0.25% a year and MDY charges 0.23%, so MDY is cheaper. Fees come from each fund's prospectus.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs MDY: how they differ

FBTC is a spot crypto ETP and MDY an equity index fund, and over the year MDY returned more, +11.6% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and SPDR S&P MidCap 400 ETF Trust.

FBTC and MDY on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	FBTC Fidelity Wise Origin Bitcoin Fund	MDY SPDR S&P MidCap 400 ETF Trust
Where it sits	Core fund	Core fund
Issuer	Fidelity	State Street
What it is	Holds bitcoin	Tracks the S&P MidCap 400
Total return, 1 year	−31.0%	+11.6%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	−47.6 pts	−5.0 pts
Expense ratio	0.25%	0.23%
Holdings	not filed	401
Net assets	$13.9bn	$25.5bn

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.

MDY in plain words

MDY tracks the S&P MidCap 400. Over the year to Sep 18, 2026 it returned +11.6% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.23% a year. By its holdings published by its issuer for Sep 18, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 8.3%. It sat 6.8% below its high of Aug 14, 2026 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, FBTC or MDY?: In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and MDY returned +11.6%, so MDY returned more.
Which is cheaper, FBTC or MDY?: FBTC charges 0.25% a year and MDY charges 0.23%, so MDY 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 MDY, 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 MDY, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-mdy Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources