FBTCFidelity Wise Origin Bitcoin Fund

Take a bet2y track recordRanked #4 of 995 in this goal

Seeks to track the performance of bitcoin, as measured by the performance of the Fidelity Bitcoin Reference Rate.

By Fidelity Investments · Launched 2024

Annual Cost

0.25%

#1,172 of 6,040 · low cost

Fund Size

$13.9B

#225 of 6,040 · large

Return (1Y)

-34.7%

Track Record

2 years

#3,319 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$6,594-34.1%

Total-return NAV, USD. Net of fund fees, before tax.

How Beacon categorizes this fund

Asset class

By weight

Other

100.0%

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

45.2%High

Year-on-year price swings

Max drawdown

-53.4%Severe

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Objective: Seeks to track the performance of bitcoin, as measured by the performance of the Fidelity Bitcoin Reference Rate.
Strategy: Holds bitcoin and values its Shares daily using the same methodology as the Fidelity Bitcoin Reference Rate. The Trust is passively managed and provides exposure to the value of bitcoin without the risks of holding or transferring it directly.
Inception date: January 10, 2024
Fund family: Fidelity Investments