FBTC vs ONEQ
Comparison between Fidelity Wise Origin Bitcoin Fund (FBTC, ETF) and FIDELITY NASDAQ COMPOSITE INDEX ETF (ONEQ, ETF).
FBTC vs ONEQ - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FBTC
$10B
Winner
ONEQ
$10B
Expense Ratio
FBTC
0.25%
Winner
ONEQ
0.21%
Max Drawdown
Winner
FBTC
53.35%
ONEQ
55.55%
Sharpe Ratio
FBTC
-1.17
Winner
ONEQ
1.21
5Y Beta
Winner
FBTC
1.19
ONEQ
1.26
P/E Ratio
FBTC
N/A
ONEQ
32.68
Forward P/E
FBTC
N/A
ONEQ
22.61
5Y Dividends CAGR
FBTC
N/A
ONEQ
21.81%
5Y EPS CAGR
FBTC
N/A
ONEQ
32.88%
P/S Ratio
FBTC
N/A
ONEQ
3.86
P/B Ratio
FBTC
N/A
ONEQ
7.68
FBTC vs ONEQ - Historical Returns
Returns include dividend reinvestment.
1M
FBTC
+1.80%
Winner
ONEQ
+3.34%
3M
FBTC
-19.01%
Winner
ONEQ
+3.84%
6M
FBTC
-7.27%
Winner
ONEQ
+16.92%
1Y
FBTC
-44.93%
Winner
ONEQ
+27.08%
5Y(CAGR)
FBTC
N/A
ONEQ
+13.67%
10Y(CAGR)
FBTC
N/A
ONEQ
+18.98%
Max(CAGR)
FBTC
+13.44%
Winner
ONEQ
+13.45%
FBTC vs ONEQ - Annual Returns (2003 - 2026)
Returns include dividend reinvestment.
| Year | FBTC | ONEQ |
|---|---|---|
| 2026 | -27.70% | +15.87% |
| 2025 | -10.40% | +21.08% |
| 2024 | +99.56% | +31.75% |
| 2023 | N/A | +46.53% |
| 2022 | N/A | -32.97% |
| 2021 | N/A | +24.00% |
| 2020 | N/A | +43.15% |
| 2019 | N/A | +37.55% |
| 2018 | N/A | -4.54% |
| 2017 | N/A | +28.37% |
| 2016 | N/A | +11.35% |
| 2015 | N/A | +7.55% |
| 2014 | N/A | +15.19% |
| 2013 | N/A | +35.41% |
| 2012 | N/A | +15.29% |
| 2011 | N/A | -2.18% |
| 2010 | N/A | +16.05% |
| 2009 | N/A | +39.93% |
| 2008 | N/A | -38.87% |
| 2007 | N/A | +9.80% |
| 2006 | N/A | +8.55% |
| 2005 | N/A | +3.01% |
| 2004 | N/A | +8.54% |
| 2003 | N/A | +9.20% |
FBTC vs ONEQ 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 ONEQ was -55.09%, occurring on Mar 9, 2009. Recovery took 823 trading sessions.
The current FBTC drawdown is -48.35%. The current ONEQ drawdown is -1.14%.
| Rank | FBTC | ONEQ |
|---|---|---|
| #1 | -53.35% Oct 6, 2025 - Jun 30, 2026 | -55.09% Oct 31, 2007 - Feb 7, 2011 |
| #2 | -28.21% Dec 17, 2024 - May 20, 2025 | -35.23% Nov 19, 2021 - Jan 29, 2024 |
| #3 | -27.42% Mar 13, 2024 - Nov 6, 2024 | -30.16% Feb 19, 2020 - Jun 5, 2020 |
| #4 | -16.00% Jan 11, 2024 - Feb 9, 2024 | -24.09% Dec 16, 2024 - Jun 26, 2025 |
| #5 | -12.01% Aug 13, 2025 - Oct 6, 2025 | -23.27% Aug 31, 2018 - Apr 23, 2019 |
| #6 | -8.59% Mar 4, 2024 - Mar 8, 2024 | -18.54% Jul 7, 2011 - Feb 2, 2012 |
| #7 | -8.39% Nov 22, 2024 - Dec 6, 2024 | -18.36% Jan 20, 2004 - Dec 3, 2004 |
| #8 | -8.35% May 22, 2025 - Jul 9, 2025 | -17.65% Jul 20, 2015 - Jul 29, 2016 |
| #9 | -5.79% Jul 14, 2025 - Aug 13, 2025 | -14.70% Apr 19, 2006 - Oct 16, 2006 |
| #10 | -5.51% Dec 6, 2024 - Dec 13, 2024 | -13.24% Jul 10, 2024 - Oct 29, 2024 |
| #11 | -2.65% Nov 13, 2024 - Nov 15, 2024 | -12.72% Dec 30, 2004 - Jul 20, 2005 |
| #12 | -1.98% Feb 20, 2024 - Feb 22, 2024 | -12.64% Oct 29, 2025 - Apr 15, 2026 |
| #13 | -1.78% Feb 22, 2024 - Feb 26, 2024 | -11.96% Sep 2, 2020 - Nov 25, 2020 |
| #14 | -1.66% Feb 12, 2024 - Feb 14, 2024 | -11.77% Mar 27, 2012 - Sep 6, 2012 |
| #15 | -0.94% Mar 11, 2024 - Mar 13, 2024 | -10.92% Sep 19, 2012 - Feb 1, 2013 |
Correlation
Correlation between FBTC and ONEQ is 0.18 which considered as a very weak or no correlation - the stocks move independently of each other.
0.18
-101
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