Get the weekly note

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs MOAT: how they differ

FBTC is a spot crypto ETP and MOAT an equity index fund, and over the year MOAT returned more, +10.0% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and VanEck Morningstar Wide Moat ETF.

FBTC and MOAT on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
FBTC
Fidelity Wise Origin Bitcoin Fund
MOAT
VanEck Morningstar Wide Moat ETF
Where it sitsCore fundCore fund
IssuerFidelityVanEck
What it isHolds bitcoinTracks the Morningstar Wide Moat
Total return, 1 year−31.0%+10.0%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−47.6 pts−6.5 pts
Expense ratio0.25%0.46%
Holdingsnot filed54
Net assets$13.9bn$11.5bn

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.

MOAT in plain words

MOAT tracks the Morningstar Wide Moat. Over the year to Sep 18, 2026 it returned +10.0% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.46% 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 54 positions, with the top ten at 26.0%. It sat 6.6% below its high of Aug 27, 2026 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, FBTC or MOAT?
In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and MOAT returned +10.0%, so MOAT returned more.
Which is cheaper, FBTC or MOAT?
FBTC charges 0.25% a year and MOAT charges 0.46%, so FBTC is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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 MOAT, 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 MOAT, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-moat Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources