Data as of Sep 21, 2026.
FBTC vs SPHQ: how they differ
FBTC is a spot crypto ETP and SPHQ an equity index fund, and over the year SPHQ returned more, +16.2% against −31.0%.
Fidelity Wise Origin Bitcoin Fund and Invesco S&P 500 Quality ETF.
| FBTC Fidelity Wise Origin Bitcoin Fund | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | Fidelity | Invesco |
| What it is | Holds bitcoin | Tracks the S&P 500 Quality |
| Total return, 1 year | −31.0% | +16.2% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | −47.6 pts | −0.4 pts |
| Expense ratio | 0.25% | 0.15% |
| Holdings | not filed | 102 |
| Net assets | $13.9bn | $18.6bn |
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.
SPHQ in plain words
SPHQ tracks the S&P 500 Quality. Over the year to Sep 18, 2026 it returned +16.2% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Sep 19, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 43.3%. It sat 6.8% below its high of Jun 30, 2026 on Sep 18, 2026.
Questions people ask
- Which returned more over the last year, FBTC or SPHQ?
- In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and SPHQ returned +16.2%, so SPHQ returned more.
- Which is cheaper, FBTC or SPHQ?
- FBTC charges 0.25% a year and SPHQ charges 0.15%, so SPHQ 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 SPHQ, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-sphq Free to use with attribution; the underlying files are at Open data.
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