Data as of Sep 21, 2026.
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 Fidelity Wise Origin Bitcoin Fund | MOAT VanEck Morningstar Wide Moat ETF | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | Fidelity | VanEck |
| What it is | Holds bitcoin | Tracks 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 ratio | 0.25% | 0.46% |
| Holdings | not filed | 54 |
| 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.
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