IBLC vs. FBTC
Compare and contrast key facts about iShares Blockchain and Tech ETF (IBLC) and Fidelity Wise Origin Bitcoin Trust (FBTC).
IBLC and FBTC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBLC is a passively managed fund by iShares that tracks the performance of the ICE FactSet Global Blockchain Technologies Index. It was launched on Apr 25, 2022. FBTC is a passively managed fund by Fidelity that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 11, 2024. Both IBLC and FBTC are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBLC or FBTC.
Correlation
The correlation between IBLC and FBTC is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IBLC vs. FBTC - Performance Comparison
Loading data...
Key characteristics
IBLC:
39.56%
FBTC:
53.95%
IBLC:
0.00%
FBTC:
-28.21%
IBLC:
0.00%
FBTC:
-3.44%
Returns By Period
IBLC
N/A
N/A
N/A
N/A
N/A
N/A
FBTC
10.47%
23.05%
34.15%
69.88%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IBLC vs. FBTC - Expense Ratio Comparison
IBLC has a 0.47% expense ratio, which is higher than FBTC's 0.25% expense ratio.
Risk-Adjusted Performance
IBLC vs. FBTC — Risk-Adjusted Performance Rank
IBLC
FBTC
IBLC vs. FBTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Blockchain and Tech ETF (IBLC) and Fidelity Wise Origin Bitcoin Trust (FBTC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
IBLC vs. FBTC - Dividend Comparison
Neither IBLC nor FBTC has paid dividends to shareholders.
Drawdowns
IBLC vs. FBTC - Drawdown Comparison
The maximum IBLC drawdown since its inception was 0.00%, smaller than the maximum FBTC drawdown of -28.21%. Use the drawdown chart below to compare losses from any high point for IBLC and FBTC. For additional features, visit the drawdowns tool.
Loading data...
Volatility
IBLC vs. FBTC - Volatility Comparison
Loading data...