Data as of Sep 21, 2026.
FBTC vs MUB: how they differ
FBTC is a spot crypto ETP and MUB a bond index fund, and over the year MUB returned more, −0.3% against −31.0%.
Fidelity Wise Origin Bitcoin Fund and iShares National Muni Bond ETF.
| FBTC Fidelity Wise Origin Bitcoin Fund | MUB iShares National Muni Bond ETF | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | Fidelity | iShares |
| What it is | Holds bitcoin | Tracks an index of National Muni Bond |
| 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 | −16.9 pts |
| Expense ratio | 0.25% | 0.05% |
| Holdings | not filed | 7162 |
| Net assets | $13.9bn | $45.7bn |
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.
MUB in plain words
MUB tracks an index of National Muni Bond. 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 0.05% a year. It sat 3.8% below its high of Jul 6, 2026 on Sep 18, 2026.
Questions people ask
- Which returned more over the last year, FBTC or MUB?
- In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and MUB returned −0.3%, so MUB returned more.
- Which is cheaper, FBTC or MUB?
- FBTC charges 0.25% a year and MUB charges 0.05%, so MUB 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.
Cite this page. ETFIQ, FBTC against MUB, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-mub Free to use with attribution; the underlying files are at Open data.
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