DFAS vs FBTC

Comparison between DIMENSIONAL U.S. SMALL CAP ETF (DFAS, ETF) and Fidelity Wise Origin Bitcoin Fund (FBTC, ETF).

DFAS vs FBTC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DFAS(ETF)	FBTC(ETF)
Net Assets	$13B	$13B
Expense Ratio	0.26%	0.25%
Max Drawdown	27.31%	49.33%
Sharpe Ratio	1.53	-0.29
5Y Beta	1.02	1.27
P/E Ratio	50.31	N/A
Forward P/E	14.07	N/A
5Y EPS CAGR	10.48%	N/A
P/S Ratio	1.11	N/A
P/B Ratio	1.96	N/A

Net Assets

Winner

DFAS

$13B

FBTC

$13B

Expense Ratio

DFAS

0.26%

Winner

FBTC

0.25%

Max Drawdown

Winner

DFAS

27.31%

FBTC

49.33%

Sharpe Ratio

Winner

DFAS

1.53

FBTC

-0.29

5Y Beta

Winner

DFAS

1.02

FBTC

1.27

P/E Ratio

DFAS

50.31

FBTC

N/A

Forward P/E

DFAS

14.07

FBTC

N/A

5Y EPS CAGR

DFAS

10.48%

FBTC

N/A

P/S Ratio

DFAS

1.11

FBTC

N/A

P/B Ratio

DFAS

1.96

FBTC

N/A

DFAS vs FBTC - Historical Returns

Returns include dividend reinvestment.

Period	DFAS	FBTC
1 month	+4.96%	+12.34%
3 months	+2.25%	+13.32%
6 months	+15.83%	-22.81%
1 year	+30.80%	-21.10%
5 years(CAGR)	+7.49%	N/A
Max(CAGR)	+7.49%	+25.92%

DFAS

+4.96%

Winner

FBTC

+12.34%

DFAS

+2.25%

Winner

FBTC

+13.32%

Winner

DFAS

+15.83%

FBTC

-22.81%

Winner

DFAS

+30.80%

FBTC

-21.10%

5Y(CAGR)

DFAS

+7.49%

FBTC

N/A

Max(CAGR)

DFAS

+7.49%

Winner

FBTC

+25.92%

DFAS vs FBTC - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	DFAS	FBTC
2026	+10.94%	-10.72%
2025	+8.32%	-10.40%
2024	+10.86%	+99.56%
2023	+18.17%	N/A
2022	-14.54%	N/A
2021	+4.98%	N/A

DFAS vs FBTC Drawdown Comparison

The maximum drawdown for DFAS was -26.13%, occurring on Apr 8, 2025. Recovery took 256 trading sessions.

The maximum drawdown for FBTC was -49.33%, occurring on Feb 5, 2026. This drawdown has not yet recovered.

The current DFAS drawdown is -0.69%. The current FBTC drawdown is -36.21%.

Rank	DFAS	FBTC
#1	-26.13% Nov 25, 2024 - Dec 4, 2025	-49.33% Oct 6, 2025 - Feb 5, 2026
#2	-25.02% Nov 8, 2021 - Mar 21, 2024	-28.21% Dec 17, 2024 - May 20, 2025
#3	-9.36% Feb 10, 2026 - Apr 17, 2026	-27.42% Mar 13, 2024 - Nov 6, 2024
#4	-9.31% Jul 31, 2024 - Oct 14, 2024	-16.00% Jan 11, 2024 - Feb 9, 2024
#5	-7.89% Mar 28, 2024 - May 15, 2024	-12.01% Aug 13, 2025 - Oct 6, 2025
#6	-7.10% Jun 15, 2021 - Aug 11, 2021	-8.59% Mar 4, 2024 - Mar 8, 2024
#7	-5.29% May 15, 2024 - Jul 12, 2024	-8.39% Nov 22, 2024 - Dec 6, 2024
#8	-5.03% Sep 2, 2021 - Oct 18, 2021	-8.35% May 22, 2025 - Jul 9, 2025
#9	-4.70% Aug 11, 2021 - Aug 27, 2021	-5.79% Jul 14, 2025 - Aug 13, 2025
#10	-4.27% Nov 11, 2024 - Nov 25, 2024	-5.51% Dec 6, 2024 - Dec 13, 2024
#11	-3.63% Oct 16, 2024 - Nov 6, 2024	-2.65% Nov 13, 2024 - Nov 15, 2024
#12	-3.34% Dec 11, 2025 - Jan 6, 2026	-1.98% Feb 20, 2024 - Feb 22, 2024
#13	-3.17% Jul 16, 2024 - Jul 31, 2024	-1.78% Feb 22, 2024 - Feb 26, 2024
#14	-2.92% Jan 22, 2026 - Feb 6, 2026	-1.66% Feb 12, 2024 - Feb 14, 2024
#15	-2.61% Oct 25, 2021 - Nov 1, 2021	-0.94% Mar 11, 2024 - Mar 13, 2024