GBTC vs QUAL
Grayscale Bitcoin Trust vs iShares MSCI USA Quality Factor ETF
GBTC$48.93
Grayscale Bitcoin Trust
Spot Bitcoin ETF from Grayscale.
Expense: 1.50%Yield: 0.00%
QUAL$218.36
iShares MSCI USA Quality Factor ETF
US large-caps screened for quality factors.
Expense: 0.15%Yield: 0.86%
Quick take
- • QUAL has the lower expense ratio at 0.15% vs 1.50% for GBTC.
- • QUAL pays a higher dividend yield (0.86%).
Side-by-side metrics
| Metric | GBTC | QUAL |
|---|---|---|
Expense ratio Annual fee. Lower is better. | 1.50% | 0.15% |
Dividend yield Trailing 12-month yield. | 0.00% | 0.86% |
AUM Assets under management — bigger funds are typically more liquid. | $8.13B | $45.92B |
YTD return | -29.43% | 9.64% |
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. | 0.00 | 0.90 |
P/E ratio | — | 27.77 |
Last price | $48.93 | $218.36 |
Inception | — | — |
Issuer | Grayscale | iShares |
GBTC top holdings
Holdings data unavailable for GBTC.
QUAL top holdings
Top holdings · QUAL
| AAPL | Apple Inc | 6.20% |
| NVDA | NVIDIA Corp | 5.81% |
| MSFT | Microsoft Corp | 5.73% |
| LRCX | Lam Research Corp | 5.15% |
| AMAT | Applied Materials Inc | 4.41% |
| KLAC | KLA Corp | 4.07% |
| TJX | TJX Companies Inc | 3.82% |
| LLY | Eli Lilly and Co | 3.81% |
| META | Meta Platforms Inc Class A | 3.72% |
| V | Visa Inc Class A | 2.96% |
Sector breakdown · QUAL
Real Estate1.7%
Consumer Cyclical9.0%
Basic Materials1.9%
Consumer Defensive4.3%
Technology40.2%
Communication Services10.3%
Financial Services10.9%
Utilities2.1%
Industrials7.4%
Energy2.9%
Healthcare9.2%
About GBTC
GBTC (Grayscale Bitcoin Trust) is Spot Bitcoin ETF from Grayscale. Managed by Grayscale, the fund carries $8.1B in assets under management, an expense ratio of 1.50%.
About QUAL
QUAL (iShares MSCI USA Quality Factor ETF) is US large-caps screened for quality factors. Managed by iShares, the fund carries $45.9B in assets under management, an expense ratio of 0.15%, a dividend yield of 0.86%. Its largest holding is Apple Inc (AAPL), which represents 6.2% of the portfolio. Real Estate is the fund's largest sector exposure at 1.7%.