GBTC vs SPDW
Grayscale Bitcoin Trust vs SPDR Portfolio Developed World ex-US ETF
GBTC$57.41
Grayscale Bitcoin Trust
Spot Bitcoin ETF from Grayscale.
Expense: 1.50%Yield: 0.00%
SPDW$49.73
SPDR Portfolio Developed World ex-US ETF
Developed-market stocks outside the US.
Expense: 0.03%Yield: 3.06%
Quick take
- • SPDW has the lower expense ratio at 0.03% vs 1.50% for GBTC.
- • SPDW pays a higher dividend yield (3.06%).
Side-by-side metrics
| Metric | GBTC | SPDW |
|---|---|---|
Expense ratio Annual fee. Lower is better. | 1.50% | 0.03% |
Dividend yield Trailing 12-month yield. | 0.00% | 3.06% |
AUM Assets under management — bigger funds are typically more liquid. | $9.62B | $40.99B |
YTD return | -15.68% | 13.40% |
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 | 1.04 |
P/E ratio | — | 16.18 |
Last price | $57.41 | $49.73 |
Inception | — | — |
Issuer | Grayscale | State Street |
GBTC top holdings
Holdings data unavailable for GBTC.
SPDW top holdings
Top holdings · SPDW
| 000660.KQ | SK hynix Inc | 1.88% |
| ASML.AS | ASML Holding NV | 1.85% |
| ROP.SW | Roche Holding AG Ordinary Shares new | 1.04% |
| SHEL.L | Shell PLC | 0.95% |
| NOVN.SW | Novartis AG Registered Shares | 0.91% |
| HSBA.L | HSBC Holdings PLC | 0.89% |
| AZN.L | AstraZeneca PLC | 0.88% |
| RY | Royal Bank of Canada | 0.86% |
| NESN.SW | Nestle SA | 0.81% |
Sector breakdown · SPDW
Real Estate2.3%
Consumer Cyclical7.5%
Basic Materials6.7%
Consumer Defensive5.9%
Technology15.0%
Communication Services4.1%
Financial Services23.7%
Utilities3.1%
Industrials17.3%
Energy5.6%
Healthcare8.8%
About GBTC
GBTC (Grayscale Bitcoin Trust) is Spot Bitcoin ETF from Grayscale. Managed by Grayscale, the fund carries $9.6B in assets under management, an expense ratio of 1.50%.
About SPDW
SPDW (SPDR Portfolio Developed World ex-US ETF) is Developed-market stocks outside the US. Managed by State Street, the fund carries $41.0B in assets under management, an expense ratio of 0.03%, a dividend yield of 3.06%. Its largest holding is SK hynix Inc (000660.KQ), which represents 1.9% of the portfolio. Real Estate is the fund's largest sector exposure at 2.3%.