Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

BITA vs XBCI: which paid, and which earned it?

BITA and XBCI both write options for income.

iShares Bitcoin Premium Income ETF and NEOS Boosted Bitcoin High Income ETF.

3.7%BITA cash paid, 1 year
21.3%XBCI cash paid, 1 year
+21.0%BITA total return, 1 year
+3.7%XBCI total return, 1 year
BITA2.8 pts behind IBIT · since launch to Sep 18, 2026
IBIT+23.8%BITA+21.0%3.7% as cash2.8 pts behind IBITTotal return, distributions reinvestedIBIT+23.8%BITA+21.0%2.8 pts behind IBIT
XBCI2.5 pts behind IBIT · since launch to Sep 18, 2026
IBIT+6.3%XBCI+3.7%21.3% cash2.5 pts behind IBITTotal return, distributions reinvestedIBIT+6.3%XBCI+3.7%2.5 pts behind IBIT

What they hold in common

By the books each fund has filed, BITA and XBCI hold 21% of their money in the same securities at the same weight.

Positions BITA and XBCI both hold, largest shared weight first
HoldingBITAXBCI
ISHARES BITCOIN TRUST ETF CL132.88%20.62%
Only in each
Only in BITAOnly in XBCI
BITCOIN 67.78%United States Treasury Bill 79.38%
BLK CSH FND TREASURY SL AGENCY 0.07%
SEP26 IBIT C @ 45.000000 -0.04%
OCT26 IBIT C @ 45.000000 -0.13%
OCT26 IBIT C @ 44.000000 -0.15%
SEP26 IBIT C @ 41.000000 -0.41%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 17, 2026.

Performance, window by window

BITA and XBCI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BITAXBCIBITAXBCIBITAXBCI
3 months+24.6%+32.2%3.9%10.1%−4.6 pts+3.0 pts
6 monthsnot published+14.7%not published18.0%not published−1.0 pts
Since launch+21.0%+3.7%3.7%21.3%−2.8 pts−2.5 pts
Open the live comparison on ETFIQ
BITA and XBCI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BITA
iShares Bitcoin Premium Income ETF
Covered call on IBIT, paying monthly
XBCI
NEOS Boosted Bitcoin High Income ETF
Option income on IBIT, paying monthly
IssueriSharesNEOS
Strategycovered calloption income
BenchmarkBitcoin (IBIT)Bitcoin (IBIT)
Paysmonthlymonthly
Payout rate, annualized12.8%38.0%
Expense rationot published0.98%
Cash paid, 1 year3.7% (since launch on Jun 16, 2026)21.3% (since launch on Feb 3, 2026)
Price change, 1 year+16.6%−20.3%
Total return, 1 year+21.0% (since launch on Jun 16, 2026)+3.7% (since launch on Feb 3, 2026)
Benchmark return, 1 year+23.8%+6.3%
Ahead or behind−2.8 pts−2.5 pts
Return of capital, latest estimatenot published95%
Age94 days227 days
Net assets$87m$179m

BITA in plain words

Over the period since launch on Jun 16, 2026 to Sep 18, 2026, BITA paid 3.7% of its starting value in cash distributions while its price rose 16.6%. With every distribution reinvested, the fund returned +21.0%. Bitcoin (IBIT) returned +23.8% over the same days, so a holder was behind by 2.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.8%, paid monthly.

XBCI in plain words

Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XBCI paid 21.3% of its starting value in cash distributions while its price fell 20.3%. With every distribution reinvested, the fund returned +3.7%. Bitcoin (IBIT) returned +6.3% over the same days, so a holder was behind by 2.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 38.0%, paid monthly. NEOS estimates that 95% of the distribution paid Jul 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BITA against XBCI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BITA against XBCI, data as of Sep 18, 2026. https://etfiq.com/compare/income/bita-vs-xbci Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources