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

In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and VGSH returned +1.7%, so VGSH returned more.

Which is cheaper, FBTC or VGSH?

FBTC charges 0.25% a year and VGSH charges 0.03%, so VGSH is cheaper. Fees come from each fund's prospectus.

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs VGSH: how they differ

FBTC is a spot crypto ETP and VGSH a bond index fund, and over the year VGSH returned more, +1.7% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and Vanguard Short-Term Treasury ETF.

FBTC and VGSH on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
	FBTC Fidelity Wise Origin Bitcoin Fund	VGSH Vanguard Short-Term Treasury ETF
Where it sits	Core fund	Core fund
Issuer	Fidelity	Vanguard
What it is	Holds bitcoin	Tracks an index of Short-Term Treasury
Total return, 1 year	−31.0%	+1.7%
S&P 500 over the same days	+16.6%	+16.6%
Gap to the S&P 500	−47.6 pts	−14.9 pts
Expense ratio	0.25%	0.03%
Holdings	not filed	95
Net assets	$13.9bn	$34.8bn

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.

VGSH in plain words

VGSH tracks an index of Short-Term Treasury. Over the year to Sep 18, 2026 it returned +1.7% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, FBTC or VGSH?: In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and VGSH returned +1.7%, so VGSH returned more.
Which is cheaper, FBTC or VGSH?: FBTC charges 0.25% a year and VGSH charges 0.03%, so VGSH 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 VGSH, 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 VGSH, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-vgsh Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources