When evaluating costs, FBTC features a management fee (MER) of 0.4%, compared to 0.08% for ZSP. Performance-wise, FBTC has returned 9.04% year-to-date with +$311 M in net flows, whereas ZSP is at 6.9% with +$466 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
ZSP
| AuM | $1,499.24 M | $22,956.73 M |
| Management Fees | 0.40% | 0.08% |
| Exp. ratio | 0.40% | 0.09% |
| Tracking Difference | - | -0.36% |
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% |
ZSP | +8.99% | +6.30% | +6.90% | +29.86% | +86.90% | |
| Flows | FBTC | +$55 M | +$189 M | +$311 M | +$694 M | +$1,269 M |
ZSP | +$312 M | +$195 M | +$466 M | +$1,450 M | +$4,683 M |
FBTC vs ZSP exposure
Countries
FBTC
Exposure data will be available soon
ZSP
USA
96.98%
Sectors
FBTC
Exposure data will be available soon
ZSP
Information Technology
33.63%
Financials
10.49%
Communication Services
10.10%
Consumer Discretionary
9.94%
Health Care
9.40%
Industrials
8.34%
Other
18.10%
As of May 7, 2026
Top 10 Holdings
FBTC
Exposure data will be available soon
ZSP
NVIDIA
7.39%
APPLE
6.67%
MICROSOFT-T
4.90%
AMAZON.COM INC
3.61%
ALPHABET INC-CL
2.93%
BROADCOM LIMITED
2.56%
ALPHABET INC-CL
2.35%
META PLATFORMS
2.16%
TESLA
1.84%
BERKSHIRE HATHWAY
1.60%
Diversification
FBTC
Exposure data will be available soon
ZSP
Total weight of top 10 holdings out of 502 total
36.04%
Characteristics
Compare
FBTC
ZSP
| Provider | Fidelity | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | Fidelity Bitcoin PR Index - USD | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Cryptocurrencies | Equity |
| Dividend Policy | No income | Distributing |
| Trailing 12m distribution yield | 0.00% | 0.79% |
| Meets ESG criteria | No | No |
| Inception Date | December 2, 2021 | November 14, 2012 |
Frequently asked questions about FBTC and ZSP
Which ETF has performed better year to date: FBTC or ZSP?
As of May 7, 2026, FBTC has returned -9.04% year to date, while ZSP has returned 6.90%. ZSP is ahead on YTD performance.
Which ETF is larger by assets under management: FBTC or ZSP?
As of May 7, 2026, FBTC manages $1.50 B in assets, while ZSP manages $22.96 B. ZSP is the larger fund by AUM.
How are FBTC and ZSP managed?
FBTC is passively managed by Fidelity. It tracks the Fidelity Bitcoin PR Index - USD benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: FBTC or ZSP?
Year to date, FBTC has seen +$310.76 M in net flows, compared with +$465.64 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of FBTC and ZSP compare?
FBTC has an expense ratio of 0.40%, while ZSP has an expense ratio of 0.09%.
Recent articles about FBTC and ZSP
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