FBTC vs DFAT

Comparison between Fidelity Wise Origin Bitcoin Fund (FBTC, ETF) and DIMENSIONAL U.S. TARGETED VALUE ETF (DFAT, ETF).

FBTC vs DFAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FBTC(ETF)	DFAT(ETF)
Net Assets	$13B	$13B
Expense Ratio	0.25%	0.28%
Max Drawdown	49.33%	26.61%
Sharpe Ratio	-0.29	1.67
5Y Beta	1.27	0.96
P/E Ratio	N/A	42.26
Forward P/E	N/A	11.66
5Y EPS CAGR	N/A	9.58%
Debt to Equity	N/A	124.90%
P/S Ratio	N/A	0.87
P/B Ratio	N/A	1.40

Net Assets

FBTC

$13B

DFAT

$13B

Expense Ratio

Winner

FBTC

0.25%

DFAT

0.28%

Max Drawdown

FBTC

49.33%

Winner

DFAT

26.61%

Sharpe Ratio

FBTC

-0.29

Winner

DFAT

1.67

5Y Beta

FBTC

1.27

Winner

DFAT

0.96

P/E Ratio

FBTC

N/A

DFAT

42.26

Forward P/E

FBTC

N/A

DFAT

11.66

5Y EPS CAGR

FBTC

N/A

DFAT

9.58%

Debt to Equity

FBTC

N/A

DFAT

124.90%

P/S Ratio

FBTC

N/A

DFAT

0.87

P/B Ratio

FBTC

N/A

DFAT

1.40

FBTC vs DFAT - Historical Returns

Returns include dividend reinvestment.

Period	FBTC	DFAT
1 month	+12.34%	+3.96%
3 months	+13.32%	+1.27%
6 months	-22.81%	+18.81%
1 year	-21.10%	+33.76%
5 years(CAGR)	N/A	+9.82%
Max(CAGR)	+25.92%	+9.82%

Winner

FBTC

+12.34%

DFAT

+3.96%

Winner

FBTC

+13.32%

DFAT

+1.27%

FBTC

-22.81%

Winner

DFAT

+18.81%

FBTC

-21.10%

Winner

DFAT

+33.76%

5Y(CAGR)

FBTC

N/A

DFAT

+9.82%

Max(CAGR)

Winner

FBTC

+25.92%

DFAT

+9.82%

FBTC vs DFAT - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	FBTC	DFAT
2026	-10.72%	+12.40%
2025	-10.40%	+8.95%
2024	+99.56%	+8.30%
2023	N/A	+21.45%
2022	N/A	-6.99%
2021	N/A	+5.08%

FBTC vs DFAT Drawdown Comparison

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

The maximum drawdown for DFAT was -26.11%, occurring on Apr 8, 2025. Recovery took 260 trading sessions.

The current FBTC drawdown is -36.21%. The current DFAT drawdown is -0.55%.

Rank	FBTC	DFAT
#1	-49.33% Oct 6, 2025 - Feb 5, 2026	-26.11% Nov 25, 2024 - Dec 10, 2025
#2	-28.21% Dec 17, 2024 - May 20, 2025	-20.00% Nov 16, 2021 - Feb 1, 2023
#3	-27.42% Mar 13, 2024 - Nov 6, 2024	-16.46% Feb 2, 2023 - Jul 31, 2023
#4	-16.00% Jan 11, 2024 - Feb 9, 2024	-13.76% Jul 31, 2023 - Dec 13, 2023
#5	-12.01% Aug 13, 2025 - Oct 6, 2025	-9.76% Jul 31, 2024 - Nov 6, 2024
#6	-8.59% Mar 4, 2024 - Mar 8, 2024	-9.55% Feb 6, 2026 - Apr 20, 2026
#7	-8.39% Nov 22, 2024 - Dec 6, 2024	-9.26% Jun 15, 2021 - Oct 7, 2021
#8	-8.35% May 22, 2025 - Jul 9, 2025	-7.81% Mar 28, 2024 - May 15, 2024
#9	-5.79% Jul 14, 2025 - Aug 13, 2025	-6.86% Dec 27, 2023 - Mar 21, 2024
#10	-5.51% Dec 6, 2024 - Dec 13, 2024	-6.33% May 15, 2024 - Jul 15, 2024
#11	-2.65% Nov 13, 2024 - Nov 15, 2024	-3.41% Nov 11, 2024 - Nov 22, 2024
#12	-1.98% Feb 20, 2024 - Feb 22, 2024	-3.33% Oct 25, 2021 - Nov 1, 2021
#13	-1.78% Feb 22, 2024 - Feb 26, 2024	-2.83% Dec 11, 2025 - Jan 6, 2026
#14	-1.66% Feb 12, 2024 - Feb 14, 2024	-2.73% Jul 16, 2024 - Jul 26, 2024
#15	-0.94% Mar 11, 2024 - Mar 13, 2024	-1.91% Jan 22, 2026 - Feb 3, 2026