Data as of Sep 21, 2026.
FBTC vs VPU: how they differ
FBTC is a spot crypto ETP and VPU an equity index fund, and over the year VPU returned more, −0.3% against −31.0%.
Fidelity Wise Origin Bitcoin Fund and Vanguard Utilities ETF.
| FBTC Fidelity Wise Origin Bitcoin Fund | VPU Vanguard Utilities ETF | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | Fidelity | Vanguard |
| What it is | Holds bitcoin | Tracks an index of Utilities |
| Total return, 1 year | −31.0% | −0.3% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | −47.6 pts | −16.9 pts |
| Expense ratio | 0.25% | 0.09% |
| Holdings | not filed | 71 |
| Net assets | $13.9bn | $8.2bn |
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.
VPU in plain words
VPU tracks an index of Utilities. Over the year to Sep 18, 2026 it returned −0.3% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Aug 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 71 positions, with the top ten at 52.9%. It sat 12.4% below its high of Feb 27, 2026 on Sep 18, 2026.
Questions people ask
- Which returned more over the last year, FBTC or VPU?
- In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and VPU returned −0.3%, so VPU returned more.
- Which is cheaper, FBTC or VPU?
- FBTC charges 0.25% a year and VPU charges 0.09%, so VPU 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.
Cite this page. ETFIQ, FBTC against VPU, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-vpu Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources