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Fidelity Advantage Bitcoin ETF (FBTC.TO) Alternatives

ETF · Currency in CAD · Last updated Jul 15, 2026

The ETF invests directly in bitcoin using Fidelity’s in-house storage services to provide exposure to one of the world’s most valuable virtual currencies.

Fidelity Advantage Bitcoin ETF (FBTC.TO) belongs to the Cryptocurrency category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FBTC.TO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FBTC.TO

FBTC.TO charges 0.40% annually. No ETFs in the Cryptocurrency category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.50%.

SymbolNameExpense RatioAUMInception
CCCX.TO
CI Galaxy Core Multi-Crypto ETF0.50%—Aug 2025FBTC.TO vs CCCX.TO
CCCX-B.TO
CI Galaxy Core Multi-Crypto ETF (CAD)0.50%—Aug 2025FBTC.TO vs CCCX-B.TO
ETHX.TO
CI Galaxy Ethereum ETF CAD Hedged Series0.68%—Aug 2025FBTC.TO vs ETHX.TO
LBIT.TO
Evolve Levered Bitcoin ETF0.75%—Mar 2025FBTC.TO vs LBIT.TO
ETHR.TO
Evolve Ether ETF CAD Unhedged Units0.75%44.83MApr 2021FBTC.TO vs ETHR.TO

Best Risk-Adjusted Alternatives to FBTC.TO

FBTC.TO has a PortfoliosLab risk / return rank of 2. There are 7 ETFs in the Cryptocurrency category with higher risk-adjusted ranks, going as high as 5.

SymbolNameRisk / Return RankAUMInception
ETHX-B.TO
CI Galaxy Ethereum ETF
5
329.50MAug 2025FBTC.TO vs ETHX-B.TO
ETHX-U.TO
CI Galaxy Ethereum ETF (US$ Series)
5
40.79MAug 2025FBTC.TO vs ETHX-U.TO
ETHR.TO
Evolve Ether ETF CAD Unhedged Units
5
44.83MApr 2021FBTC.TO vs ETHR.TO
ETHH.TO
Purpose Ether ETF
5
—Oct 2021FBTC.TO vs ETHH.TO
ETHY.TO
Purpose Ether Yield ETF - ETF Units
4
83.80MDec 2021FBTC.TO vs ETHY.TO

Top Performing FBTC.TO Alternatives (YTD)

FBTC.TO is at -24.55% YTD. No ETFs in the Cryptocurrency category have higher YTD returns; the top-performing alternatives shown here go as high as -24.73%.

SymbolNameYTD ReturnAUMInception
BTCX-B.TO
CI Galaxy Bitcoin ETF C$ Unhedged Series Units
-24.73%
714.72MMar 2021FBTC.TO vs BTCX-B.TO
BTCC-B.TO
Purpose Bitcoin ETF Non-Currency Hedged Units
-24.75%
—Feb 2021FBTC.TO vs BTCC-B.TO
EBIT.TO
Evolve Bitcoin ETF CAD
-25.03%
—Feb 2021FBTC.TO vs EBIT.TO
BTCC-U.TO
Purpose Bitcoin ETF Non-Currency Hedged Units
-26.76%
—Feb 2021FBTC.TO vs BTCC-U.TO
ETC.TO
Evolve Cryptocurrencies ETF
-27.60%
—Sep 2021FBTC.TO vs ETC.TO

Lowest Volatility Alternatives to FBTC.TO

FBTC.TO has 43.77% 1-year volatility. There are 2 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 43.20%.

SymbolNameVolatility 1YAUMInception
BTCC-B.TO
Purpose Bitcoin ETF Non-Currency Hedged Units43.20%—Feb 2021FBTC.TO vs BTCC-B.TO
EBIT.TO
Evolve Bitcoin ETF CAD43.76%—Feb 2021FBTC.TO vs EBIT.TO
BTCX-B.TO
CI Galaxy Bitcoin ETF C$ Unhedged Series Units43.79%714.72MMar 2021FBTC.TO vs BTCX-B.TO
BTCC.TO
Purpose Bitcoin CAD ETF Currency Hedged Units44.33%1.70BFeb 2021FBTC.TO vs BTCC.TO
BTCC-U.TO
Purpose Bitcoin ETF Non-Currency Hedged Units44.55%—Feb 2021FBTC.TO vs BTCC-U.TO

Lowest Drawdown Alternatives to FBTC.TO

FBTC.TO has a 1-year max drawdown of -52.71%. No ETFs in the Cryptocurrency category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -52.71%.

SymbolNameMax Drawdown 1YAUMInception
BTCX-B.TO
CI Galaxy Bitcoin ETF C$ Unhedged Series Units
-52.71%
714.72MMar 2021FBTC.TO vs BTCX-B.TO
BTCC-B.TO
Purpose Bitcoin ETF Non-Currency Hedged Units
-52.89%
—Feb 2021FBTC.TO vs BTCC-B.TO
EBIT.TO
Evolve Bitcoin ETF CAD
-53.08%
—Feb 2021FBTC.TO vs EBIT.TO
BTCC-U.TO
Purpose Bitcoin ETF Non-Currency Hedged Units
-53.49%
—Feb 2021FBTC.TO vs BTCC-U.TO
BTCC.TO
Purpose Bitcoin CAD ETF Currency Hedged Units
-54.58%
1.70BFeb 2021FBTC.TO vs BTCC.TO

Other ETFs from Fidelity

The 10 most viewed Fidelity ETFs shown here include FEQT.NEO, FINN.NEO, FCCM.NEO and span 8 categories. AUM among these funds goes as high as $9B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
FEQT.NEO
Fidelity All-in-One Equity ETF FundDiversified Portfolio
79
12.63%
—Jan 2022FBTC.TO vs FEQT.NEO
FINN.NEO
Fidelity Global Innovators ETFGlobal Equities
89
39.95%
—May 2023FBTC.TO vs FINN.NEO
FCCM.NEO
Fidelity Canadian Momentum Index ETFMomentum, Canada Equities
86
10.95%
—Jun 2020FBTC.TO vs FCCM.NEO
FCUV.TO
Fidelity U.S. Value ETFLarge Cap Value Equities
90
18.61%
3.82BJun 2020FBTC.TO vs FCUV.TO
FBAL.NEO
Fidelity All-in-One Balanced ETFDiversified Portfolio
73
8.00%
9.45BJan 2021FBTC.TO vs FBAL.NEO
FGRO.NEO
Fidelity All-in-One Growth ETFDiversified Portfolio
76
10.68%
4.95BJan 2021FBTC.TO vs FGRO.NEO
FCIM.NEO
Fidelity International Momentum Index ETFMomentum, International Equity
76
20.73%
—Jun 2020FBTC.TO vs FCIM.NEO
FCMO.NEO
Fidelity US Momentum ETFMomentum, Large Cap Growth Equities
61
20.92%
—Jun 2020FBTC.TO vs FCMO.NEO
FCIV.TO
Fidelity International Value ETFForeign Large Cap Equities
85
17.37%
2.31BJun 2025FBTC.TO vs FCIV.TO
FCCQ.TO
Fidelity Canadian High Quality ETFCanada Equities
74
6.94%
993.50MJan 2019FBTC.TO vs FCCQ.TO

Often Compared With FBTC.TO

Investors most often compare FBTC.TO with IBIT, MSTR, GBTC. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
IBIT
iShares Bitcoin Trust ETFCryptocurrency
2
-26.32%
46.82BJan 2024FBTC.TO vs IBIT
MSTR
Strategy Inc
5
-35.78%
——FBTC.TO vs MSTR
GBTC
Grayscale Bitcoin Trust ETFCryptocurrency
2
-26.81%
8.67BJan 2024FBTC.TO vs GBTC
HBIX.NEO
Harvest Bitcoin Enhanced Income ETFLeveraged Cryptocurrency
2
-28.60%
—Apr 2025FBTC.TO vs HBIX.NEO
WGMI
CoinShares Bitcoin Miners ETFCryptocurrency, Blockchain
45
36.48%
395.17MFeb 2022FBTC.TO vs WGMI
TEC.TO
TD Global Technology Leaders Index ETFTechnology Equities
50
15.22%
5.05BMay 2019FBTC.TO vs TEC.TO
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
85
13.88%
20.34BAug 2019FBTC.TO vs XEQT.TO
XCHP.TO
iShares Semiconductor Index ETFSemiconductors, Technology Equities
94
93.38%
—Sep 2023FBTC.TO vs XCHP.TO
FBTC
Fidelity Wise Origin Bitcoin FundCryptocurrency
2
-26.25%
10.22BJan 2024FBTC.TO vs FBTC
BTC-USD
Bitcoin
25
-25.95%
——FBTC.TO vs BTC-USD
SPY
State Street SPDR S&P 500 ETFS&P 500
66
10.84%
783.21BJan 1993FBTC.TO vs SPY
HOOD
Robinhood Markets, Inc.
52
0.31%
——FBTC.TO vs HOOD
BCCC
Global X Bitcoin Covered Call ETFCryptocurrency, Derivative Income
2
-21.46%
—Jun 2025FBTC.TO vs BCCC
FCUQ.TO
Fidelity U.S. High Quality ETFLarge Cap Blend Equities
32
9.38%
2.53BJan 2019FBTC.TO vs FCUQ.TO
FFIX.NEO
Fidelity All-in-One Fixed Income ETFGlobal Bonds
32
0.91%
—May 2025FBTC.TO vs FFIX.NEO
FGEP.TO
Fidelity Global Equity+ Fund ETFGlobal Equities
91
18.48%
—Oct 2023FBTC.TO vs FGEP.TO
FCIN.NEO
Fidelity All-International Equity ETFGlobal Equities
75
15.21%
1.02BFeb 2024FBTC.TO vs FCIN.NEO
FCGI.TO
Fidelity Global Monthly High Income ETFGlobal Allocation
93
9.41%
22.80MJan 2020FBTC.TO vs FCGI.TO
FCIL.NEO
Fidelity International Low Volatility ETFForeign Large Cap Equities
54
9.93%
—Jan 2019FBTC.TO vs FCIL.NEO
FCCV.TO
Fidelity Canadian Value ETFCanada Equities
94
15.51%
1.19BJun 2020FBTC.TO vs FCCV.TO

Compare FBTC.TO with Any Fund or Stock

Compare FBTC.TO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair FBTC.TO with funds that move differently

Fidelity Advantage Bitcoin ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBTC.TO.

Explore FBTC.TO Diversifiers