When evaluating costs, FBTC features a management fee (MER) of 0.4%, compared to 1.25% for BTCQ. Performance-wise, FBTC has returned 4.31% year-to-date with +$516 M in net flows, whereas BTCQ is at 7.89% with -$38 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
FBTC
BTCQ
| AuM | $1,813.72 M | $235.61 M |
| Management Fees | 0.40% | 1.25% |
| Exp. ratio | 0.40% | 1.47% |
| Tracking Difference | - | -0.96% |
Historical performance and flows
As of October 16, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FBTC | +8.34% | +27.56% | -4.31% | -24.50% | +192.71% |
BTCQ | +7.17% | +26.18% | -7.89% | -25.80% | +171.33% | |
| Flows | FBTC | +$67 M | +$121 M | +$516 M | +$649 M | +$1,460 M |
BTCQ | -$29 M | -$31 M | -$38 M | -$44 M | -$101 M |
FBTC vs BTCQ exposure
Countries
FBTC
Exposure data will be available soon
BTCQ
Exposure data will be available soon
Sectors
FBTC
Exposure data will be available soon
BTCQ
Exposure data will be available soon
As of October 16, 2026
Top 10 Holdings
FBTC
Exposure data will be available soon
BTCQ
Exposure data will be available soon
Diversification
FBTC
Exposure data will be available soon
BTCQ
Exposure data will be available soon
Characteristics
Compare
FBTC
BTCQ
| Provider | Fidelity | 3iQ |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity Bitcoin PR Index - USD | MarketVector Bitcoin Benchmark Rate - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Cryptocurrencies | Cryptocurrencies |
| Dividend Policy | No income | Capitalization |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | December 2, 2021 | March 31, 2021 |
Frequently asked questions about FBTC and BTCQ
Which ETF has performed better year to date: FBTC or BTCQ?
As of October 16, 2026, FBTC has returned -4.31% year to date, while BTCQ has returned -7.89%. FBTC is ahead on YTD performance.
Which ETF is larger by assets under management: FBTC or BTCQ?
As of October 16, 2026, FBTC manages $1.81 B in assets, while BTCQ manages $235.61 M. FBTC is the larger fund by AUM.
How are FBTC and BTCQ managed?
FBTC is passively managed by Fidelity. It tracks the Fidelity Bitcoin PR Index - USD benchmark. BTCQ is passively managed by 3iQ. It tracks the MarketVector Bitcoin Benchmark Rate - USD benchmark.
Which ETF is attracting more investor flows: FBTC or BTCQ?
Year to date, FBTC has seen +$515.62 M in net flows, compared with -$37.97 M for BTCQ. FBTC has attracted more net investor money so far.
How do the fees of FBTC and BTCQ compare?
FBTC has an expense ratio of 0.40%, while BTCQ has an expense ratio of 1.47%.
Recent articles about FBTC and BTCQ
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.