Which returned more over the last year, FBTC or USO?

In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and USO returned +105.9%, so USO returned more.

Which is cheaper, FBTC or USO?

FBTC charges 0.25% a year and USO charges 0.45%, so FBTC is cheaper. Fees come from each fund's prospectus.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs USO: how they differ

FBTC is a spot crypto ETP and USO a commodity futures fund, and over the year USO returned more, +105.9% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and United States Oil Fund, LP.

FBTC and USO on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	FBTC Fidelity Wise Origin Bitcoin Fund	USO United States Oil Fund, LP
Where it sits	Core fund	Core fund
Issuer	Fidelity	USCF
What it is	Holds bitcoin	Holds oil futures
Total return, 1 year	−31.0%	+105.9%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	−47.6 pts	+89.4 pts
Expense ratio	0.25%	0.45%
Net assets	$13.9bn	not published

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.

USO in plain words

USO holds oil futures. Over the year to Sep 18, 2026 it returned +105.9% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. It sat 57.4% below its high of Apr 8, 2011 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, FBTC or USO?: In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and USO returned +105.9%, so USO returned more.
Which is cheaper, FBTC or USO?: FBTC charges 0.25% a year and USO charges 0.45%, so FBTC 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 USO, 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 USO, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-uso Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources