Fidelity Wise Origin Bitcoin Fund (FBTC) 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. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FBTC
FBTC charges 0.25% annually. There are 15 ETFs in the Cryptocurrency category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Morgan Stanley Bitcoin Trust | 0.14% | 392.19M | Apr 2026 | FBTC vs MSBT | |
| Grayscale Ethereum Staking Mini ETF | 0.15% | 1.57B | Jul 2024 | FBTC vs ETH | |
| Grayscale Bitcoin Mini Trust ETF | 0.15% | 3.71B | Jul 2024 | FBTC vs BTC | |
| Franklin Bitcoin ETF | 0.19% | 354.69M | Jan 2024 | FBTC vs EZBC | |
| Franklin Crypto Index ETF | 0.19% | 14.11M | Feb 2025 | FBTC vs EZPZ |
Best Risk-Adjusted Alternatives to FBTC
FBTC has a PortfoliosLab risk / return rank of 2. There are 56 ETFs in the Cryptocurrency category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grayscale Zcash Trust (ZEC) | 96 | — | Oct 2017 | FBTC vs ZCSH | |
| CoinShares Bitcoin Miners ETF | 62 | 240.40M | Feb 2022 | FBTC vs WGMI | |
| ProShares Short Bitcoin ETF | 51 | 129.73M | Jun 2022 | FBTC vs BITI | |
| Proshares Ultrashort Bitcoin ETF | 45 | 176.54M | Apr 2024 | FBTC vs SBIT | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 40 | — | Jul 2024 | FBTC vs BTCZ |
Top Performing FBTC Alternatives (YTD)
FBTC is at -27.08% YTD. There are 35 ETFs in the Cryptocurrency category with higher YTD returns, going as high as 43.06%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| CoinShares Bitcoin Miners ETF | 43.06% | 240.40M | Feb 2022 | FBTC vs WGMI | |
| Proshares Ultrashort Bitcoin ETF | 35.42% | 176.54M | Apr 2024 | FBTC vs SBIT | |
| T-Rex 2X Inverse Bitcoin Daily Target ETF | 30.29% | — | Jul 2024 | FBTC vs BTCZ | |
| ProShares Short Ether Strategy ETF | 29.49% | 16.03M | Nov 2023 | FBTC vs SETH | |
| ProShares UltraShort Ether ETF | 29.04% | 60.61M | Jun 2024 | FBTC vs ETHD |
Lowest Volatility Alternatives to FBTC
FBTC has 44.38% 1-year volatility. There are 37 ETFs in the Cryptocurrency category with lower 1-year volatility, going as low as 1.95%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Bitcoin Structured Alt Protection ETF - Oc... | 1.95% | — | Oct 2025 | FBTC vs CBOO | |
| Calamos Laddered Bitcoin 90 Series Structured Alt ... | 3.65% | — | Oct 2025 | FBTC vs CBOL | |
| Calamos Bitcoin 90 Series Structured Alt Protectio... | 6.48% | — | Oct 2025 | FBTC vs CBXO | |
| Calamos Bitcoin 80 Series Structured Alt Protectio... | 11.54% | — | Oct 2025 | FBTC vs CBTO | |
| FT Vest Bitcoin Strategy Floor15 ETF - October | 11.69% | 7.65M | Sep 2025 | FBTC vs BFOC |
Lowest Drawdown Alternatives to FBTC
FBTC has a 1-year max drawdown of -53.35%. There are 31 ETFs in the Cryptocurrency category with shallower 1-year drawdowns, going as shallow as -14.02%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Horizon Kinetics Blockchain Development ETF | -14.02% | 23.25M | Aug 2022 | FBTC vs BCDF | |
| FT Vest Bitcoin Strategy Floor15 ETF - July | -21.27% | 3.44M | Jun 2025 | FBTC vs BFJL | |
| REX Crypto Equity Premium Income ETF | -22.47% | 111.94M | Dec 2024 | FBTC vs CEPI | |
| ProShares Short Bitcoin ETF | -25.28% | 129.73M | Jun 2022 | FBTC vs BITI | |
| Global X Bitcoin Trend Strategy ETF | -25.73% | 735.02K | Mar 2024 | FBTC vs BTRN |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBND and span 8 categories. AUM among these funds goes as high as $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 61 | 22.53% | 20.96B | Oct 2013 | FBTC vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 82 | 13.00% | 9.74B | Sep 2016 | FBTC vs FDVV | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 26 | -0.08% | 26.62B | Oct 2014 | FBTC vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 60 | 12.39% | 10.69B | Sep 2003 | FBTC vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 46 | 11.42% | 6.97B | Jun 2020 | FBTC vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 84 | 13.57% | 7.88B | Apr 2007 | FBTC vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 21 | 4.95% | 2.35B | Oct 2013 | FBTC vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 4 | -37.15% | 750.93M | Jul 2024 | FBTC vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 35 | 4.21% | 5.65B | Nov 2023 | FBTC vs FELG | |
| Fidelity MSCI Real Estate Index ETF | REIT | 46 | 13.99% | 1.45B | Feb 2015 | FBTC vs FREL |
Often Compared With FBTC
Investors most often compare FBTC with IBIT, BTC-USD, GBTC. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FBTC with Any Fund or Stock
Compare FBTC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FBTC with funds that move differently
Fidelity Wise Origin Bitcoin Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBTC.
Explore FBTC Diversifiers