Get the weekly note

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs USHY: how they differ

FBTC is a spot crypto ETP and USHY a bond index fund, and over the year USHY returned more, +3.0% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and iShares Broad USD High Yield Corporate Bond ETF.

FBTC and USHY on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
FBTC
Fidelity Wise Origin Bitcoin Fund
USHY
iShares Broad USD High Yield Corporate Bond ETF
Where it sitsCore fundCore fund
IssuerFidelityiShares
What it isHolds bitcoinTracks an index of Broad USD High Yield Corporate Bond
Total return, 1 year−31.0%+3.0%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−47.6 pts−13.5 pts
Expense ratio0.25%0.08%
Holdingsnot filed1900
Net assets$13.9bn$27.3bn

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.

USHY in plain words

USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Sep 18, 2026 it returned +3.0% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, FBTC or USHY?
In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and USHY returned +3.0%, so USHY returned more.
Which is cheaper, FBTC or USHY?
FBTC charges 0.25% a year and USHY charges 0.08%, so USHY 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 USHY, 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 USHY, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-ushy Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources