FBT vs BITB
Comparison between FIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUND (FBT, ETF) and Bitwise Bitcoin ETF (BITB, ETF).
FBT vs BITB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FBT
$2.60B
Winner
BITB
$2.70B
Expense Ratio
FBT
0.55%
Winner
BITB
0.20%
Max Drawdown
Winner
FBT
40.52%
BITB
52.04%
Sharpe Ratio
Winner
FBT
1.45
BITB
-1.09
5Y Beta
Winner
FBT
0.81
BITB
1.27
P/E Ratio
FBT
96.20
BITB
N/A
Forward P/E
FBT
20.22
BITB
N/A
5Y EPS CAGR
FBT
10.33%
BITB
N/A
Debt to Equity
FBT
80.88%
BITB
N/A
P/S Ratio
FBT
4.47
BITB
N/A
P/B Ratio
FBT
3.67
BITB
N/A
FBT vs BITB - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FBT
+9.44%
BITB
-17.04%
3M
Winner
FBT
+16.77%
BITB
-11.32%
6M
Winner
FBT
+9.23%
BITB
-25.13%
1Y
Winner
FBT
+39.91%
BITB
-39.77%
5Y(CAGR)
FBT
+6.04%
BITB
N/A
10Y(CAGR)
FBT
+9.79%
BITB
N/A
Max(CAGR)
FBT
+13.12%
Winner
BITB
+14.69%
FBT vs BITB - Annual Returns (2006 - 2026)
Returns include dividend reinvestment.
| Year | FBT | BITB |
|---|---|---|
| 2026 | +9.00% | -26.99% |
| 2025 | +23.89% | -10.26% |
| 2024 | +4.46% | +99.10% |
| 2023 | +2.90% | N/A |
| 2022 | -5.48% | N/A |
| 2021 | -2.32% | N/A |
| 2020 | +13.34% | N/A |
| 2019 | +19.88% | N/A |
| 2018 | -2.54% | N/A |
| 2017 | +35.28% | N/A |
| 2016 | -17.31% | N/A |
| 2015 | +10.42% | N/A |
| 2014 | +46.91% | N/A |
| 2013 | +45.15% | N/A |
| 2012 | +39.16% | N/A |
| 2011 | -17.13% | N/A |
| 2010 | +35.28% | N/A |
| 2009 | +42.95% | N/A |
| 2008 | -18.38% | N/A |
| 2007 | +3.82% | N/A |
| 2006 | +18.56% | N/A |
FBT vs BITB Drawdown Comparison
The maximum drawdown for FBT was -40.51%, occurring on Feb 11, 2016. Recovery took 628 trading sessions.
The maximum drawdown for BITB was -52.04%, occurring on Jun 5, 2026. This drawdown has not yet recovered.
The current FBT drawdown is -0.56%. The current BITB drawdown is -47.81%.
| Rank | FBT | BITB |
|---|---|---|
| #1 | -40.51% Jul 17, 2015 - Jan 12, 2018 | -52.04% Oct 6, 2025 - Jun 5, 2026 |
| #2 | -39.83% Aug 14, 2008 - Aug 4, 2009 | -28.19% Dec 17, 2024 - May 20, 2025 |
| #3 | -34.04% Apr 28, 2011 - Jul 18, 2012 | -27.44% Mar 13, 2024 - Nov 6, 2024 |
| #4 | -32.38% Feb 8, 2021 - Jan 30, 2025 | -16.25% Jan 11, 2024 - Feb 9, 2024 |
| #5 | -28.05% Sep 27, 2018 - May 11, 2020 | -11.96% Aug 13, 2025 - Oct 6, 2025 |
| #6 | -22.02% Oct 15, 2007 - Jul 31, 2008 | -8.50% Mar 4, 2024 - Mar 7, 2024 |
| #7 | -20.88% Mar 23, 2010 - Dec 17, 2010 | -8.45% Nov 22, 2024 - Dec 6, 2024 |
| #8 | -20.05% Feb 5, 2025 - Oct 1, 2025 | -8.38% May 22, 2025 - Jul 9, 2025 |
| #9 | -19.74% Feb 25, 2014 - Aug 19, 2014 | -5.73% Jul 14, 2025 - Aug 13, 2025 |
| #10 | -16.48% Jul 20, 2020 - Jan 22, 2021 | -5.30% Dec 6, 2024 - Dec 13, 2024 |
| #11 | -14.91% Sep 21, 2009 - Jan 7, 2010 | -2.48% Nov 13, 2024 - Nov 15, 2024 |
| #12 | -14.26% Jan 22, 2026 - May 29, 2026 | -1.94% Feb 20, 2024 - Feb 22, 2024 |
| #13 | -13.83% Jan 29, 2018 - Jun 20, 2018 | -1.83% Feb 22, 2024 - Feb 26, 2024 |
| #14 | -13.03% Oct 5, 2012 - Jan 3, 2013 | -1.50% Feb 12, 2024 - Feb 14, 2024 |
| #15 | -11.45% Mar 19, 2015 - Jun 22, 2015 | -0.94% Mar 11, 2024 - Mar 13, 2024 |
Correlation
Correlation between FBT and BITB is 0.10 which considered as a very weak or no correlation - the stocks move independently of each other.
0.10
-101
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