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Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs USMV: how they differ

FBTC is a spot crypto ETP and USMV an equity index fund, and over the year USMV returned more, +6.6% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and iShares MSCI USA Min Vol Factor ETF.

FBTC and USMV on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
FBTC
Fidelity Wise Origin Bitcoin Fund
USMV
iShares MSCI USA Min Vol Factor ETF
Where it sitsCore fundCore fund
IssuerFidelityiShares
What it isHolds bitcoinTracks the MSCI USA Min Vol Factor
Total return, 1 year−31.0%+6.6%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−47.6 pts−10.0 pts
Expense ratio0.25%0.15%
Holdingsnot filed178
Net assets$13.9bn$23.5bn

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.

USMV in plain words

USMV tracks the MSCI USA Min Vol Factor. Over the year to Sep 18, 2026 it returned +6.6% 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 18, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 178 positions, with the top ten at 15.1%. It sat 3.2% below its high of Aug 27, 2026 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, FBTC or USMV?
In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and USMV returned +6.6%, so USMV returned more.
Which is cheaper, FBTC or USMV?
FBTC charges 0.25% a year and USMV charges 0.15%, so USMV 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 USMV, 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 USMV, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-usmv Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources