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Fidelity Advantage Bitcoin ETF (FBTC.TO) Alternatives

ETF · Currency in CAD · Last updated Aug 4, 2026

A Canadian spot-bitcoin ETF that invests directly in bitcoin and uses Fidelity's in-house custody services, with at least 98% of its bitcoin held in cold wallets. It provides unleveraged bitcoin exposure and does not track a securities-market index.

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 0.35% annually. There is 1 ETF in the Cryptocurrency category with a lower expense ratio, going as low as 0.15%.

SymbolNameExpense RatioAUMInception
SOLQ.TO
3iQ Solana Staking ETF0.15%105.86MApr 2025FBTC.TO vs SOLQ.TO
CCCX-B.TO
CI Galaxy Core Multi-Crypto ETF (CAD)0.50%—Aug 2025FBTC.TO vs CCCX-B.TO
CCCX.TO
CI Galaxy Core Multi-Crypto ETF0.50%—Aug 2025FBTC.TO vs CCCX.TO
ETHX-U.TO
CI Galaxy Ethereum ETF (US$ Series)0.67%42.07MApr 2021FBTC.TO vs ETHX-U.TO
ETHX.TO
CI Galaxy Ethereum ETF CAD Hedged Series0.68%—Aug 2025FBTC.TO vs ETHX.TO

Best Risk-Adjusted Alternatives to FBTC.TO

FBTC.TO has a PortfoliosLab risk / return rank of 2. There are 12 ETFs in the Cryptocurrency category with higher risk-adjusted ranks, going as high as 3.

SymbolNameRisk / Return RankAUMInception
ETHY-U.TO
Purpose Ether Yield ETF USD Non-Currency Hedged Un...
3
62.56MDec 2021FBTC.TO vs ETHY-U.TO
ETHR.TO
Evolve Ether ETF CAD Unhedged Units
3
48.76MApr 2021FBTC.TO vs ETHR.TO
ETHX-U.TO
CI Galaxy Ethereum ETF (US$ Series)
3
42.07MApr 2021FBTC.TO vs ETHX-U.TO
ETHX-B.TO
CI Galaxy Ethereum ETF
3
337.10MApr 2021FBTC.TO vs ETHX-B.TO
ETHH.TO
Purpose Ether ETF
3
—Oct 2021FBTC.TO vs ETHH.TO

Top Performing FBTC.TO Alternatives (YTD)

FBTC.TO is at -26.79% YTD. No ETFs in the Cryptocurrency category have higher YTD returns; the top-performing alternatives shown here go as high as -26.95%.

SymbolNameYTD ReturnAUMInception
BTCX-B.TO
CI Galaxy Bitcoin ETF C$ Unhedged Series Units
-26.95%
694.86MMar 2021FBTC.TO vs BTCX-B.TO
BTCC-B.TO
Purpose Bitcoin ETF Non-Currency Hedged Units
-27.01%
—Feb 2021FBTC.TO vs BTCC-B.TO
EBIT.TO
Evolve Bitcoin ETF CAD
-27.29%
—Feb 2021FBTC.TO vs EBIT.TO
CCCX-B.TO
CI Galaxy Core Multi-Crypto ETF (CAD)
-28.53%
—Aug 2025FBTC.TO vs CCCX-B.TO
BTCC-U.TO
Purpose Bitcoin ETF Non-Currency Hedged Units
-28.56%
—Feb 2021FBTC.TO vs BTCC-U.TO

Lowest Volatility Alternatives to FBTC.TO

FBTC.TO has 43.81% 1-year volatility. There is 1 ETF in the Cryptocurrency category with lower 1-year volatility, going as low as 43.27%.

SymbolNameVolatility 1YAUMInception
BTCC-B.TO
Purpose Bitcoin ETF Non-Currency Hedged Units43.27%—Feb 2021FBTC.TO vs BTCC-B.TO
EBIT.TO
Evolve Bitcoin ETF CAD43.81%—Feb 2021FBTC.TO vs EBIT.TO
BTCX-B.TO
CI Galaxy Bitcoin ETF C$ Unhedged Series Units43.84%694.86MMar 2021FBTC.TO vs BTCX-B.TO
BTCC.TO
Purpose Bitcoin CAD ETF Currency Hedged Units44.32%1.60BFeb 2021FBTC.TO vs BTCC.TO
BTCC-U.TO
Purpose Bitcoin ETF Non-Currency Hedged Units44.81%—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%
694.86MMar 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
EBIT-U.TO
Evolve Bitcoin ETF USD
-54.37%
128.94MFeb 2021FBTC.TO vs EBIT-U.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 $10B.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
FEQT.NEO
Fidelity All-in-One Equity ETF FundDiversified Portfolio
82
12.93%
—Jan 2022FBTC.TO vs FEQT.NEO
FINN.NEO
Fidelity Global Innovators ETFGlobal Equities
81
36.76%
—May 2023FBTC.TO vs FINN.NEO
FCCM.NEO
Fidelity Canadian Momentum ETFMomentum, Canada Equities
88
10.63%
—Jun 2020FBTC.TO vs FCCM.NEO
FBAL.NEO
Fidelity All-in-One Balanced ETFDiversified Portfolio
74
8.00%
9.78BJan 2021FBTC.TO vs FBAL.NEO
FGRO.NEO
Fidelity All-in-One Growth ETFDiversified Portfolio
78
10.85%
5.13BJan 2021FBTC.TO vs FGRO.NEO
FCIM.NEO
Fidelity International Momentum Index ETFForeign Large Cap Equities, Momentum
69
16.97%
—Jun 2020FBTC.TO vs FCIM.NEO
FCMO.NEO
Fidelity US Momentum ETFMomentum, Large Cap Growth Equities
48
17.32%
—Jun 2020FBTC.TO vs FCMO.NEO
FCIV.TO
Fidelity International Value ETFForeign Large Cap Equities
91
21.38%
2.52BJun 2025FBTC.TO vs FCIV.TO
FCCQ.TO
Fidelity Canadian High Quality ETFQuality Factor, Canada Equities
79
8.28%
1.05BJan 2019FBTC.TO vs FCCQ.TO
FCID.TO
Fidelity International High Dividend ETFDividend
90
18.15%
379.40MSep 2018FBTC.TO vs FCID.TO

Often Compared With FBTC.TO

Investors most often compare FBTC.TO with IBIT, MSTR, HBIX.NEO. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
IBIT
iShares Bitcoin Trust ETFCryptocurrency
2
-27.17%
46.52BJan 2024FBTC.TO vs IBIT
MSTR
Strategy Inc
6
-37.57%
——FBTC.TO vs MSTR
HBIX.NEO
Harvest Bitcoin Enhanced Income ETFLeveraged Cryptocurrency
2
-30.12%
—Apr 2025FBTC.TO vs HBIX.NEO
GBTC
Grayscale Bitcoin Trust ETFCryptocurrency
2
-27.69%
8.39BJan 2024FBTC.TO vs GBTC
WGMI
CoinShares Bitcoin Miners ETFCryptocurrency, Blockchain
62
43.06%
240.40MFeb 2022FBTC.TO vs WGMI
TEC.TO
TD Global Technology Leaders Index ETFTechnology Equities
39
11.98%
4.92BMay 2019FBTC.TO vs TEC.TO
XEQT.TO
iShares Core Equity ETF PortfolioGlobal Equities
85
13.38%
20.80BAug 2019FBTC.TO vs XEQT.TO
XCHP.TO
iShares Semiconductor Index ETFSemiconductors, Technology Equities
90
71.01%
—Sep 2023FBTC.TO vs XCHP.TO
FBTC
Fidelity Wise Origin Bitcoin FundCryptocurrency
2
-27.08%
10.22BJan 2024FBTC.TO vs FBTC
BTC-USD
Bitcoin
28
-27.65%
——FBTC.TO vs BTC-USD
SPY
State Street SPDR S&P 500 ETFS&P 500
78
11.70%
789.06BJan 1993FBTC.TO vs SPY
HOOD
Robinhood Markets, Inc.
39
-20.12%
——FBTC.TO vs HOOD
FCUQ.TO
Fidelity U.S. High Quality ETFQuality Factor, Large Cap Blend Equities
31
9.06%
2.57BJan 2019FBTC.TO vs FCUQ.TO
BCCC
Global X Bitcoin Covered Call ETFCryptocurrency, Derivative Income
2
-20.76%
—Jun 2025FBTC.TO vs BCCC
FFIX.NEO
Fidelity All-in-One Fixed Income ETFGlobal Bonds
23
0.25%
—May 2025FBTC.TO vs FFIX.NEO
FGEP.TO
Fidelity Global Equity+ Fund ETFGlobal Equities
92
20.73%
—Oct 2023FBTC.TO vs FGEP.TO
ETC.TO
Evolve Cryptocurrencies ETFCryptocurrency
2
-29.59%
—Sep 2021FBTC.TO vs ETC.TO
FCGI.TO
Fidelity Global Monthly High Income ETFGlobal Allocation
93
8.41%
22.80MJan 2020FBTC.TO vs FCGI.TO
FCIN.NEO
Fidelity All-International Equity ETFForeign Large Cap Equities, Actively Managed
81
16.65%
1.07BFeb 2024FBTC.TO vs FCIN.NEO
FCUV.TO
Fidelity U.S. Value ETFLarge Cap Value Equities
90
18.65%
4.09BJun 2020FBTC.TO vs FCUV.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