FBTC vs SCHM

Comparison between Fidelity Wise Origin Bitcoin Fund (FBTC, ETF) and SCHWAB U.S. MID-CAP ETF (SCHM, ETF).

FBTC vs SCHM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FBTC(ETF)	SCHM(ETF)
Net Assets	$14B	$14B
Expense Ratio	0.25%	0.04%
Max Drawdown	49.33%	42.43%
Sharpe Ratio	-0.37	1.67
5Y Beta	1.27	1.00
P/E Ratio	N/A	34.74
Forward P/E	N/A	17.62
5Y Dividends CAGR	N/A	9.78%
5Y EPS CAGR	N/A	11.27%
Debt to Equity	N/A	22.41%
P/S Ratio	N/A	1.74
P/B Ratio	N/A	2.90

Net Assets

FBTC

$14B

Winner

SCHM

$14B

Expense Ratio

FBTC

0.25%

Winner

SCHM

0.04%

Max Drawdown

FBTC

49.33%

Winner

SCHM

42.43%

Sharpe Ratio

FBTC

-0.37

Winner

SCHM

1.67

5Y Beta

FBTC

1.27

Winner

SCHM

1.00

P/E Ratio

FBTC

N/A

SCHM

34.74

Forward P/E

FBTC

N/A

SCHM

17.62

5Y Dividends CAGR

FBTC

N/A

SCHM

9.78%

5Y EPS CAGR

FBTC

N/A

SCHM

11.27%

Debt to Equity

FBTC

N/A

SCHM

22.41%

P/S Ratio

FBTC

N/A

SCHM

1.74

P/B Ratio

FBTC

N/A

SCHM

2.90

FBTC vs SCHM - Historical Returns

Returns include dividend reinvestment.

Period	FBTC	SCHM
1 month	+11.75%	+7.50%
3 months	+21.30%	+6.58%
6 months	-20.36%	+17.88%
1 year	-19.75%	+28.91%
5 years(CAGR)	N/A	+7.95%
10 years(CAGR)	N/A	+11.43%
Max(CAGR)	+27.00%	+11.36%

Winner

FBTC

+11.75%

SCHM

+7.50%

Winner

FBTC

+21.30%

SCHM

+6.58%

FBTC

-20.36%

Winner

SCHM

+17.88%

FBTC

-19.75%

Winner

SCHM

+28.91%

5Y(CAGR)

FBTC

N/A

SCHM

+7.95%

10Y(CAGR)

FBTC

N/A

SCHM

+11.43%

Max(CAGR)

Winner

FBTC

+27.00%

SCHM

+11.36%

FBTC vs SCHM - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	FBTC	SCHM
2026	-8.75%	+14.51%
2025	-10.40%	+10.33%
2024	+99.56%	+12.62%
2023	N/A	+17.39%
2022	N/A	-17.26%
2021	N/A	+21.32%
2020	N/A	+14.95%
2019	N/A	+27.82%
2018	N/A	-9.47%
2017	N/A	+18.99%
2016	N/A	+16.05%
2015	N/A	+0.01%
2014	N/A	+11.21%
2013	N/A	+32.95%
2012	N/A	+16.31%
2011	N/A	-2.92%

FBTC vs SCHM 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 SCHM was -42.43%, occurring on Mar 23, 2020. Recovery took 183 trading sessions.

The current FBTC drawdown is -34.80%. The current SCHM drawdown is -0.43%.

Rank	FBTC	SCHM
#1	-49.33% Oct 6, 2025 - Feb 5, 2026	-42.43% Feb 20, 2020 - Nov 9, 2020
#2	-28.21% Dec 17, 2024 - May 20, 2025	-26.46% Nov 16, 2021 - Mar 21, 2024
#3	-27.42% Mar 13, 2024 - Nov 6, 2024	-26.37% Apr 29, 2011 - Mar 13, 2012
#4	-16.00% Jan 11, 2024 - Feb 9, 2024	-23.27% Nov 25, 2024 - Sep 5, 2025
#5	-12.01% Aug 13, 2025 - Oct 6, 2025	-22.73% Sep 14, 2018 - Jul 5, 2019
#6	-8.59% Mar 4, 2024 - Mar 8, 2024	-19.98% Jun 23, 2015 - Jul 12, 2016
#7	-8.39% Nov 22, 2024 - Dec 6, 2024	-12.09% Mar 19, 2012 - Sep 12, 2012
#8	-8.35% May 22, 2025 - Jul 9, 2025	-10.78% Sep 2, 2014 - Nov 20, 2014
#9	-5.79% Jul 14, 2025 - Aug 13, 2025	-9.61% Jan 26, 2018 - Jun 6, 2018
#10	-5.51% Dec 6, 2024 - Dec 13, 2024	-9.32% Feb 26, 2026 - Apr 14, 2026
#11	-2.65% Nov 13, 2024 - Nov 15, 2024	-8.18% Jul 16, 2024 - Sep 19, 2024
#12	-1.98% Feb 20, 2024 - Feb 22, 2024	-7.35% Sep 14, 2012 - Dec 18, 2012
#13	-1.78% Feb 22, 2024 - Feb 26, 2024	-7.34% May 21, 2013 - Jul 11, 2013
#14	-1.66% Feb 12, 2024 - Feb 14, 2024	-7.19% Jul 24, 2019 - Nov 4, 2019
#15	-0.94% Mar 11, 2024 - Mar 13, 2024	-7.05% Mar 28, 2024 - Jul 16, 2024