Which paid more, BLOX or BTCI?

Over the year to Nov 4, 2026, BLOX paid 24.2% of its starting price in cash and BTCI paid 18.3%, so BLOX paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, BLOX or BTCI?

With every distribution reinvested, BLOX returned −35.9% and BTCI −20.8% over the year to Nov 4, 2026.

Which is cheaper, BLOX or BTCI?

BLOX and BTCI both charge 0.99% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

BLOX vs BTCI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, BLOX paid 24.2% of its price in cash against BTCI’s 18.3%, though BTCI returned more with it reinvested.

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Net assets: $285m on Jul 31, 2026 for Nicholas Crypto Income ETF, and $1.4bn on Oct 28, 2026 for NEOS Bitcoin High Income ETF.

BLOX on its own →BTCI on its own →

At a glance

24.2%

BLOX cash paid, 1 year

18.3%

BTCI cash paid, 1 year

−35.9%

BLOX total return, 1 year

−20.8%

BTCI total return, 1 year

BLOX · 1 year to Nov 4, 2026 50.7 pts behind SPY

BLOX

−35.9%

SPY

+14.8%

50.7 pts behind SPY

BLOX over 1 year: paid 24.2%, price −55.5%, total −35.9%, SPY +14.8%, −50.7 pts. Data to Nov 4, 2026.

SPY

+14.8%

BLOX

−35.9%

50.7 pts behind SPY

Total return, distributions reinvested

50.7 pts behind SPY

BLOX over 1 year: paid 24.2%, price −55.5%, total −35.9%, SPY +14.8%, −50.7 pts. Data to Nov 4, 2026.

SPY

+14.8%

BLOX

−35.9%

50.7 pts behind SPY

24.2% of it arrived as cash. Total return, distributions reinvested. BLOX over 1 year: paid 24.2%, price −55.5%, total −35.9%, SPY +14.8%, −50.7 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

BTCI · 1 year to Nov 4, 2026 About even with Bitcoin

BTCI

−20.8%

Bitcoin

−20.5%

About even with Bitcoin

BTCI over 1 year: paid 18.3%, price −39.3%, total −20.8%, Bitcoin −20.5%, −0.3 pts. Data to Nov 4, 2026.

Bitcoin

−20.5%

BTCI

−20.8%

about even with Bitcoin

Total return, distributions reinvested

About even with Bitcoin

BTCI over 1 year: paid 18.3%, price −39.3%, total −20.8%, Bitcoin −20.5%, −0.3 pts. Data to Nov 4, 2026.

Bitcoin

−20.5%

BTCI

−20.8%

about even with Bitcoin

18.3% of it arrived as cash. Both charts share one scale, with zero at the line. BTCI over 1 year: paid 18.3%, price −39.3%, total −20.8%, Bitcoin −20.5%, −0.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

Both cost 0.99% a year; their one-year returns differ by 15.1 points.

Points (pts) are percentage points.

BLOX vs BTCI: Dividend Yield & Total Return
Measure	BLOX	BTCI
Paid and earned
Measure	BLOX	BTCI
Total return, 1 year	−35.9%	−20.8%
Price change, 1 year	fell 55.5%	fell 39.3%
Return of capital, issuer estimate	0% of the Sep 28, 2026 payment	92% of the Oct 23, 2026 payment
Against its benchmark
Measure	BLOX	BTCI
Benchmark	S&P 500, measured through SPY	Bitcoin (BTC-USD)
Cost and size
Measure	BLOX	BTCI
Expense ratio	0.99%	0.99%
Net assets, BLOX as of Jul 31, 2026 and BTCI as of Oct 28, 2026	$285m	$1.4bn
Holdings
Measure	BLOX	BTCI
Holdings in common	2%

ETFIQ Distribution Coverage Score · BTCI scores higher How much of what it paid out did its total return cover?

IQ Income Score2.1BLOX4.5BTCI

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

BLOX 2.1

BTCI 4.5

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

Risk and return

Jun 27, 2025 to Oct 30, 2026 · 70 weekly returns

BLOX BTCI

Return

Total return edge BLOX −17.4% −26.4%

Annualized edge BLOX −13.2% −20.3%

Price return edge Tie −49.3% −48.5%

Risk

Volatility edge BTCI 49.1% 37.0%

Max drawdown edge BLOX (slight) −43.0% −46.9%

Risk-adjusted

Sharpe edge BLOX −0.13 −0.53

Sortino edge BLOX −0.18 −0.69

Calmar edge BLOX −0.31 −0.43

Reading

From Jun 2025 to Oct 2026, BLOX returned more: −17.4% to −26.4%. BTCI swung less: 37.0% to 49.1%. BLOX fell slightly less at its worst: −43.0% to −46.9%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: BLOX vs BTCI: Dividend Yield & Total Return
Measure	BLOX	BTCI	Edge	How it is measured
Return
Total return	−17.4%	−26.4%	BLOX	Price change plus distributions, reinvested.
Annualized	−13.2%	−20.3%	BLOX	Total return as a yearly rate.
Price return	−49.3%	−48.5%	Tie	Price change alone, distributions left out.
Risk
Volatility	49.1%	37.0%	BTCI	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	33.7%	28.4%	BTCI	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−43.0%	−46.9%	BLOX (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.13	−0.53	BLOX	Return above Treasury bills per unit of volatility.
Sortino	−0.18	−0.69	BLOX	Return above Treasury bills per unit of downside deviation.
Calmar	−0.31	−0.43	BLOX	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 70 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, BLOX and BTCI hold 2% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

2% in common

Positions both hold · largest shared weight first BLOX BTCI

VanEck Bitcoin ETF 7.07% 1.87%

Only in one fund ↓

Only in BLOX

Hut 8 Corp 8.23%

Nicholas Bitcoin and Treasuries AfterDark ETF 8.11%

Nicholas Bitcoin Tail ETF 7.11%

iShares Ethereum Trust ETF 6.41%

Fidelity Wise Origin Bitcoin F 6.22%

Terawulf Inc 3.20%

Coinbase Global Inc 2.53%

Robinhood Markets Inc 2.33%

Only in BTCI

iShares Bitcoin Trust ETF 17.12%

CBTX US 01/15/27 C1980 3.40%

CBTX US 12/18/26 C2000 -0.53%

CBTX US 12/18/26 C1930 -0.79%

CBTX US 01/15/27 P1980 -8.94%

Check overlap with more funds →

Side by side

BLOX Nicholas Crypto Income ETF · Option income on SPY, paying weekly BTCI NEOS Bitcoin High Income ETF · Option income on Bitcoin, paying monthly

Issuer Nicholas NEOS

Strategy option income option income

Benchmark S&P 500 (SPY) Bitcoin (BTC-USD)

Pays weekly monthly

Payout rate, annualized 38.8% 26.4%

Expense ratio 0.99% 0.99%

Cash paid, 1 year 24.2% 18.3%

Price change, 1 year −55.5% −39.3%

Total return, 1 year −35.9% −20.8%

Benchmark return, 1 year +14.8% −20.5%

Ahead or behind −50.7 pts −0.3 pts

Return of capital, latest estimate 0% 92%

Age 1.4 years 2.0 years

Net assets, BLOX as of Jul 31, 2026 and BTCI as of Oct 28, 2026 $285m $1.4bn

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: BLOX vs BTCI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	BLOX	BTCI	BLOX	BTCI	BLOX	BTCI
3 months	−13.6%	+17.5%	8.9%	7.1%	−13.4 pts	−6.0 pts
6 months	−29.7%	−4.4%	14.6%	11.0%	−34.8 pts	−2.7 pts
1 year	−35.9%	−20.8%	24.2%	18.3%	−50.7 pts	−0.3 pts
Since launchNot the same days: BLOX Jun 2025 · BTCI Oct 2024	−10.5%	+13.6%	44.9%	55.8%	−41.0 pts	−6.2 pts

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Alert

About each fund

BLOX

Over the year to Nov 4, 2026, BLOX paid 24.2% of its starting value in cash distributions while its price fell 55.5%. With every distribution reinvested, the fund returned −35.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 50.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 38.8%, paid weekly. Nicholas estimates that 0% of the distribution paid Sep 28, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

BTCI

Over the year to Nov 4, 2026, BTCI paid 18.3% of its starting value in cash distributions while its price fell 39.3%. With every distribution reinvested, the fund returned −20.8%. Bitcoin (BTC-USD) returned −20.5% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 26.4%, paid monthly. NEOS estimates that 92% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, BLOX or BTCI?: Over the year to Nov 4, 2026, BLOX paid 24.2% of its starting price in cash and BTCI paid 18.3%, so BLOX paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, BLOX or BTCI?: With every distribution reinvested, BLOX returned −35.9% and BTCI −20.8% over the year to Nov 4, 2026.
Which is cheaper, BLOX or BTCI?: BLOX and BTCI both charge 0.99% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

BLOX vs YBTC BLOX vs YBIT BLOX vs BTCC BLOX vs XBTY BTCI vs CEPI BTCI vs LFGY BTCI vs ETCO BTCI vs ETTY

Where to next

S&P 500 (SPY) →BLOX on its own →BTCI on its own →BLOX dividend history →BLOX holdings →BTCI dividend history →BTCI holdings →Method →Standards and sources →

Sources and dates

BLOX filings on SEC EDGAR ↗

BLOX prospectus with the expense ratio (SEC) ↗

BLOX 19a-1 distribution notice ↗

Nicholas website ↗

BTCI filings on SEC EDGAR ↗

BTCI prospectus with the expense ratio (SEC) ↗

BTCI 19a-1 distribution notice ↗

NEOS page for BTCI ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BLOX against BTCI, data as of Nov 4, 2026. https://etfiq.com/compare/income/blox-vs-btci

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.