FBTC vs FLOT
Comparison between Fidelity Wise Origin Bitcoin Fund (FBTC, ETF) and ISHARES FLOATING RATE BOND ETF (FLOT, ETF).
FBTC vs FLOT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
FBTC
$10B
FLOT
$10B
Expense Ratio
FBTC
0.25%
Winner
FLOT
0.15%
Max Drawdown
FBTC
53.35%
Winner
FLOT
13.68%
Sharpe Ratio
FBTC
-1.17
Winner
FLOT
0.89
5Y Beta
FBTC
1.19
Winner
FLOT
0.05
5Y Dividends CAGR
FBTC
N/A
FLOT
50.57%
FBTC vs FLOT - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FBTC
+1.80%
FLOT
+0.31%
3M
FBTC
-19.01%
Winner
FLOT
+1.16%
6M
FBTC
-7.27%
Winner
FLOT
+2.08%
1Y
FBTC
-44.93%
Winner
FLOT
+4.54%
5Y(CAGR)
FBTC
N/A
FLOT
+4.33%
10Y(CAGR)
FBTC
N/A
FLOT
+3.07%
Max(CAGR)
Winner
FBTC
+13.44%
FLOT
+2.31%
FBTC vs FLOT - Annual Returns (2011 - 2026)
Returns include dividend reinvestment.
| Year | FBTC | FLOT |
|---|---|---|
| 2026 | -27.70% | +2.57% |
| 2025 | -10.40% | +4.87% |
| 2024 | +99.56% | +6.48% |
| 2023 | N/A | +6.39% |
| 2022 | N/A | +1.33% |
| 2021 | N/A | +0.41% |
| 2020 | N/A | +0.85% |
| 2019 | N/A | +4.05% |
| 2018 | N/A | +1.38% |
| 2017 | N/A | +1.59% |
| 2016 | N/A | +1.58% |
| 2015 | N/A | +0.43% |
| 2014 | N/A | +0.08% |
| 2013 | N/A | +0.75% |
| 2012 | N/A | +4.19% |
| 2011 | N/A | -1.77% |
FBTC vs FLOT Drawdown Comparison
The maximum drawdown for FBTC was -53.35%, occurring on Jun 30, 2026. This drawdown has not yet recovered.
The maximum drawdown for FLOT was -13.54%, occurring on Mar 19, 2020. Recovery took 117 trading sessions.
The current FBTC drawdown is -48.35%.
| Rank | FBTC | FLOT |
|---|---|---|
| #1 | -53.35% Oct 6, 2025 - Jun 30, 2026 | -13.54% Feb 19, 2020 - Aug 5, 2020 |
| #2 | -28.21% Dec 17, 2024 - May 20, 2025 | -2.64% Jul 8, 2011 - Feb 24, 2012 |
| #3 | -27.42% Mar 13, 2024 - Nov 6, 2024 | -2.36% Mar 8, 2023 - Apr 20, 2023 |
| #4 | -16.00% Jan 11, 2024 - Feb 9, 2024 | -1.74% Sep 29, 2021 - Sep 22, 2022 |
| #5 | -12.01% Aug 13, 2025 - Oct 6, 2025 | -1.57% Apr 2, 2025 - Apr 29, 2025 |
| #6 | -8.59% Mar 4, 2024 - Mar 8, 2024 | -1.07% Nov 12, 2018 - Jan 22, 2019 |
| #7 | -8.39% Nov 22, 2024 - Dec 6, 2024 | -0.84% Mar 2, 2012 - Jul 6, 2012 |
| #8 | -8.35% May 22, 2025 - Jul 9, 2025 | -0.64% Nov 1, 2012 - Dec 24, 2012 |
| #9 | -5.79% Jul 14, 2025 - Aug 13, 2025 | -0.60% Sep 22, 2022 - Nov 1, 2022 |
| #10 | -5.51% Dec 6, 2024 - Dec 13, 2024 | -0.59% May 19, 2015 - Apr 15, 2016 |
| #11 | -2.65% Nov 13, 2024 - Nov 15, 2024 | -0.56% Sep 29, 2014 - May 19, 2015 |
| #12 | -1.98% Feb 20, 2024 - Feb 22, 2024 | -0.44% Jul 31, 2024 - Aug 14, 2024 |
| #13 | -1.78% Feb 22, 2024 - Feb 26, 2024 | -0.43% Mar 23, 2026 - Apr 7, 2026 |
| #14 | -1.66% Feb 12, 2024 - Feb 14, 2024 | -0.41% May 24, 2013 - Aug 14, 2013 |
| #15 | -0.94% Mar 11, 2024 - Mar 13, 2024 | -0.34% Apr 24, 2023 - Apr 27, 2023 |
Correlation
Correlation between FBTC and FLOT is 0.27 which considered as a very weak or no correlation - the stocks move independently of each other.
0.27
-101
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