GBTC vs SPHD
Grayscale Bitcoin Trust vs Invesco S&P 500 High Dividend Low Volatility ETF
GBTC$57.41
Grayscale Bitcoin Trust
Spot Bitcoin ETF from Grayscale.
Expense: 1.50%Yield: 0.00%
SPHD$52.60
Invesco S&P 500 High Dividend Low Volatility ETF
High-yield, low-volatility S&P 500 stocks.
Expense: 0.30%Yield: 4.78%
Quick take
- • SPHD has the lower expense ratio at 0.30% vs 1.50% for GBTC.
- • SPHD pays a higher dividend yield (4.78%).
Side-by-side metrics
| Metric | GBTC | SPHD |
|---|---|---|
Expense ratio Annual fee. Lower is better. | 1.50% | 0.30% |
Dividend yield Trailing 12-month yield. | 0.00% | 4.78% |
AUM Assets under management — bigger funds are typically more liquid. | $9.62B | $3.42B |
YTD return | -15.68% | 14.50% |
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 | 0.39 |
P/E ratio | — | 15.91 |
Last price | $57.41 | $52.60 |
Inception | — | — |
Issuer | Grayscale | Invesco |
GBTC top holdings
Holdings data unavailable for GBTC.
SPHD top holdings
Top holdings · SPHD
| PFE | Pfizer Inc | 3.76% |
| VZ | Verizon Communications Inc | 3.05% |
| CCI | Crown Castle Inc | 2.94% |
| MO | Altria Group Inc | 2.92% |
| KHC | The Kraft Heinz Co | 2.87% |
| GIS | General Mills Inc | 2.84% |
| VICI | VICI Properties Inc Ordinary Shares | 2.81% |
| CMCSA | Comcast Corp Class A | 2.43% |
| CVX | Chevron Corp | 2.35% |
| OKE | ONEOK Inc | 2.34% |
Sector breakdown · SPHD
Real Estate19.8%
Consumer Cyclical3.7%
Consumer Defensive18.7%
Technology2.2%
Communication Services7.8%
Financial Services12.1%
Utilities14.2%
Industrials1.8%
Energy11.7%
Healthcare8.0%
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 SPHD
SPHD (Invesco S&P 500 High Dividend Low Volatility ETF) is High-yield, low-volatility S&P 500 stocks. Managed by Invesco, the fund carries $3.4B in assets under management, an expense ratio of 0.30%, a dividend yield of 4.78%. Its largest holding is Pfizer Inc (PFE), which represents 3.8% of the portfolio. Real Estate is the fund's largest sector exposure at 19.8%.