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Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs XLB: how they differ

FBTC is a spot crypto ETP and XLB an equity index fund, and over the year XLB returned more, +12.0% against −31.0%.

Fidelity Wise Origin Bitcoin Fund and State Street Materials Select Sector SPDR ETF.

FBTC and XLB on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
FBTC
Fidelity Wise Origin Bitcoin Fund
XLB
State Street Materials Select Sector SPDR ETF
Where it sitsCore fundCore fund
IssuerFidelityState Street
What it isHolds bitcoinTracks an index of Materials
Total return, 1 year−31.0%+12.0%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−47.6 pts−4.5 pts
Expense ratio0.25%0.08%
Holdingsnot filed28
Net assets$13.9bn$8.1bn

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.

XLB in plain words

XLB tracks an index of Materials. Over the year to Sep 18, 2026 it returned +12.0% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Sep 18, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 28 positions, with the top ten at 55.7%. It sat 6.9% below its high of Aug 26, 2026 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, FBTC or XLB?
In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and XLB returned +12.0%, so XLB returned more.
Which is cheaper, FBTC or XLB?
FBTC charges 0.25% a year and XLB charges 0.08%, so XLB 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 XLB, 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 XLB, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-xlb Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources