VS
When evaluating costs, FBTC features a management fee (MER) of 0.4%, compared to 0.28% for HEWB. Performance-wise, FBTC has returned 9.04% year-to-date with +$311 M in net flows, whereas HEWB is at 15.02% with +$12 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
HEWB
| AuM | $1,499.24 M | $290.21 M |
| Management Fees | 0.40% | 0.28% |
| Exp. ratio | 0.40% | 0.28% |
| Tracking Difference | - | -0.80% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | FBTC | +13.96% | +13.86% | -9.04% | -18.09% | +193.32% |
HEWB | +9.67% | +10.04% | +15.02% | +65.38% | +121.08% | |
| Flows | FBTC | +$55 M | +$189 M | +$311 M | +$694 M | +$1,269 M |
HEWB | +$8 M | +$9 M | +$12 M | +$7 M | -$3 M |
FBTC vs HEWB exposure
Countries
FBTC
Exposure data will be available soon
HEWB
Canada
99.99%
Sectors
FBTC
Exposure data will be available soon
HEWB
Financials
99.99%
As of May 7, 2026
Top 10 Holdings
FBTC
Exposure data will be available soon
HEWB
ROYAL BK CANADA
17.10%
TORONTO DOMINION
16.90%
BNS
16.65%
BANK OF MONTREAL
16.51%
CDN IMPERIAL BK
16.48%
NATIONAL BANK OF CANADA
16.35%
Diversification
FBTC
Exposure data will be available soon
HEWB
Total weight of top 10 holdings out of 6 total
99.99%
Characteristics
Compare
FBTC
HEWB
| Provider | Fidelity | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity Bitcoin PR Index - USD | Solactive Equal Weight Canada Banks GTR Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Cryptocurrencies | Equity |
| Dividend Policy | No income | Capitalization |
| Trailing 12m distribution yield | 0.00% | 0.00% |
| Meets ESG criteria | No | No |
| Inception Date | December 2, 2021 | January 23, 2019 |
Frequently asked questions about FBTC and HEWB
Which ETF has performed better year to date: FBTC or HEWB?
As of May 7, 2026, FBTC has returned -9.04% year to date, while HEWB has returned 15.02%. HEWB is ahead on YTD performance.
Which ETF is larger by assets under management: FBTC or HEWB?
As of May 7, 2026, FBTC manages $1.50 B in assets, while HEWB manages $290.21 M. FBTC is the larger fund by AUM.
How are FBTC and HEWB managed?
FBTC is passively managed by Fidelity. It tracks the Fidelity Bitcoin PR Index - USD benchmark. HEWB is passively managed by Global X. It tracks the Solactive Equal Weight Canada Banks GTR Index - CAD benchmark.
Which ETF is attracting more investor flows: FBTC or HEWB?
Year to date, FBTC has seen +$310.76 M in net flows, compared with +$12.19 M for HEWB. FBTC has attracted more net investor money so far.
How do the fees of FBTC and HEWB compare?
FBTC has an expense ratio of 0.40%, while HEWB has an expense ratio of 0.28%.
Recent articles about FBTC and HEWB
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.