A side-by-side comparison of iShares Bitcoin Trust (IBIT) and Fidelity Advantage Bitcoin ETFTM (FBTC) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | IBIT | FBTC |
|---|---|---|
| YTD Return | +14.63%✓ | -15.44% |
| 1-Day Change | -1.51% | -1.04%✓ |
| 1-Week Change | -5.38% | -4.08%✓ |
| 1-Month Change | -11.05% | -11.15%✓ |
| Current Price | $41.68 | $34.34 |
| AUM | $58.31B✓ | $1.71B |
| MER (Expense Ratio) | 0.11% | — |
| Dividend Yield | — | — |
| Distribution Frequency | — | Annually |
| Inception Date | 2024-01-05 | 2021-11-30 |
| Holdings Count | 1 | 1 |
| MorningStar Rating | — | — |
| Category | Digital Assets | Digital Assets |
| Beta | 0.00 | 0.00 |
| 52-Week High | $58.70 | $47.69 |
| 52-Week Low | $32.84 | $27.12 |
| 50-Day MA | $45.78 | $37.32 |
| 200-Day MA | $41.23 | $33.31 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | IBIT | FBTC |
|---|---|---|
| YTD | +14.63%✓ | -15.44% |
| 1 Year | -31.25% | -24.67%✓ |
| 3 Year | — | +28.55% |
| 5 Year | — | +0.00% |
| 10 Year | — | +0.00% |
| 1Y Volatility | 46.91% | 47.05% |
| Sharpe Ratio (3Y) | 0.00 | 0.69 |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | IBIT | FBTC |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About IBIT
The shares are intended to constitute a simple means of making an investment similar to an investment in bitcoin rather than by acquiring, holding and trading bitcoin directly on a peer-to-peer or other basis or via a digital asset exchange. The fund is non-diversified.
About FBTC
NA
Which ETF is Right for You?
Both IBIT and FBTC are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, IBIT scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between IBIT and FBTC?
IBIT (iShares Bitcoin Trust) and FBTC (Fidelity Advantage Bitcoin ETFTM) are both Canadian-listed ETFs. Key differences include their AUM ($58.31B vs $1.71B), dividend yield (N/A vs N/A), and year-to-date performance (+14.63% vs -15.44%).
Is IBIT better than FBTC?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, IBIT has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy IBIT and FBTC on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both IBIT and FBTC should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
Free newsletter · Every Saturday morning
The Saturday TSX Wrap
The week on the TSX, in five minutes.
- The biggest gainers and losers, and why they moved
- Sector and momentum moves at a glance
- The Canadian market stories you missed