Data as of Sep 21, 2026.
FBTC vs VBIL: how they differ
FBTC is a spot crypto ETP and VBIL a short-term Treasury fund, and over the year VBIL returned more, +3.8% against −31.0%.
Fidelity Wise Origin Bitcoin Fund and Vanguard 0-3 Month Treasury Bill ETF.
| FBTC Fidelity Wise Origin Bitcoin Fund | VBIL Vanguard 0-3 Month Treasury Bill ETF | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | Fidelity | Vanguard |
| What it is | Holds bitcoin | Tracks an index of 0-3 Month Treasury Bill |
| Total return, 1 year | −31.0% | +3.8% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | −47.6 pts | −12.8 pts |
| Expense ratio | 0.25% | 0.06% |
| Holdings | not filed | 29 |
| Net assets | $13.9bn | $11.4bn |
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.
VBIL in plain words
VBIL tracks an index of 0-3 Month Treasury Bill. Over the year to Sep 18, 2026 it returned +3.8% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year.
Questions people ask
- Which returned more over the last year, FBTC or VBIL?
- In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and VBIL returned +3.8%, so VBIL returned more.
- Which is cheaper, FBTC or VBIL?
- FBTC charges 0.25% a year and VBIL charges 0.06%, so VBIL is cheaper. Fees come from each fund's prospectus.
Other comparisons
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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 VBIL, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-vbil Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources