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Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

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 and MUB on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
FBTC
Fidelity Wise Origin Bitcoin Fund
MUB
iShares National Muni Bond ETF
Where it sitsCore fundCore fund
IssuerFidelityiShares
What it isHolds bitcoinTracks 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 ratio0.25%0.05%
Holdingsnot filed7162
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.

FBTC against MUB, 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 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.

A comparison is not a recommendation. Standards and sources