Get the weekly note

Data as of Sep 21, 2026.

ETFIQetfiq.com · independent ETF data

FBTC vs XLI: how they differ

FBTC is a spot crypto ETP and XLI an equity index fund, and over the year XLI returned more, +12.6% against −31.0%.

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

FBTC and XLI on the fields both publish, as of Sep 21, 2026. Source: ETFIQ.
FBTC
Fidelity Wise Origin Bitcoin Fund
XLI
State Street Industrial Select Sector SPDR ETF
Where it sitsCore fundCore fund
IssuerFidelityState Street
What it isHolds bitcoinTracks an index of Industrials
Total return, 1 year−31.0%+12.6%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−47.6 pts−4.0 pts
Expense ratio0.25%0.08%
Holdingsnot filed86
Net assets$13.9bn$30.6bn

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.

XLI in plain words

XLI tracks an index of Industrials. Over the year to Sep 18, 2026 it returned +12.6% 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 86 positions, with the top ten at 39.5%. It sat 9.0% below its high of Aug 14, 2026 on Sep 18, 2026.

Questions people ask

Which returned more over the last year, FBTC or XLI?
In the year to Sep 21, 2026, with distributions reinvested, FBTC returned −31.0% and XLI returned +12.6%, so XLI returned more.
Which is cheaper, FBTC or XLI?
FBTC charges 0.25% a year and XLI charges 0.08%, so XLI 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 XLI, 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 XLI, data as of Sep 21, 2026. https://etfiq.com/compare/any/fbtc-vs-xli Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources