GBTC vs GOVT

Grayscale Bitcoin Trust vs iShares US Treasury Bond ETF

Quick take
  • GOVT has the lower expense ratio at 0.05% vs 1.50% for GBTC.
  • GOVT pays a higher dividend yield (3.53%).

Side-by-side metrics

MetricGBTCGOVT
Expense ratio
Annual fee. Lower is better.
1.50%0.05%
Dividend yield
Trailing 12-month yield.
0.00%3.53%
AUM
Assets under management — bigger funds are typically more liquid.
$11.52B$41.03B
YTD return
-7.40%0.31%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.000.88
P/E ratio
Last price
$62.28$22.78
Inception
Issuer
GrayscaleiShares

GBTC top holdings

Holdings data unavailable for GBTC.

GOVT top holdings

Holdings data unavailable for GOVT.

About GBTC

GBTC (Grayscale Bitcoin Trust) is Spot Bitcoin ETF from Grayscale. Managed by Grayscale, the fund carries $11.5B in assets under management, an expense ratio of 1.50%.

About GOVT

GOVT (iShares US Treasury Bond ETF) is Broad US Treasury bonds across all maturities. Managed by iShares, the fund carries $41.0B in assets under management, an expense ratio of 0.05%, a dividend yield of 3.53%.