Data as of Nov 4, 2026.
BLOX vs CEPI: Dividend Yield & Total Return
Over the year to Nov 4, 2026, CEPI paid 33.0% of its price in cash against BLOX’s 24.2%, and returned more with it reinvested.
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Net assets: $285m on Jul 31, 2026 for Nicholas Crypto Income ETF, and $116m on Nov 3, 2026 for REX Crypto Equity Premium Income ETF.
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, 2026.14.3 pts behind SPY
CEPI over 1 year: paid 33.0%, price −33.1%, total +0.5%, SPY +14.8%, −14.3 pts. Data to Nov 4, 2026.
SPY
+14.8%
CEPI
+0.5%
14.3 pts behind SPY
Total return, distributions reinvested
14.3 pts behind SPY
CEPI over 1 year: paid 33.0%, price −33.1%, total +0.5%, SPY +14.8%, −14.3 pts. Data to Nov 4, 2026.
SPY
+14.8%
CEPI
+0.5%
14.3 pts behind SPY
33.0% of it arrived as cash. Both charts share one scale, with zero at the line. CEPI over 1 year: paid 33.0%, price −33.1%, total +0.5%, SPY +14.8%, −14.3 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
CEPI costs 0.14 points a year less; their one-year returns differ by 36.4 points.
Points (pts) are percentage points.
| Measure | BLOX | CEPI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | −35.9% | +0.5% |
| Price change, 1 year | fell 55.5% | fell 33.1% |
| Return of capital, issuer estimate | 0% of the Sep 28, 2026 payment | 100% of the Oct 29, 2026 payment |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 0.99% | 0.85% |
| Net assets, BLOX as of Jul 31, 2026 and CEPI as of Nov 3, 2026 | $285m | $116m |
| Holdings | ||
| Holdings in common | 10% | |
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
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 →
Risk and return
Jun 27, 2025 to Oct 30, 2026 · 70 weekly returns · each against SPYFrom Jun 2025 to Oct 2026, CEPI returned more: +16.2% to −17.4%. CEPI swung less: 23.6% to 49.1%. CEPI fell less at its worst: −19.2% to −43.0%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | BLOX | CEPI | SPY | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | −17.4% | +16.2% | CEPI | Price change plus distributions, reinvested. | |
| Annualized | −13.2% | +11.8% | CEPI | Total return as a yearly rate. | |
| Price return | −49.3% | −32.4% | CEPI | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 49.1% | 23.6% | CEPI | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 33.7% | 16.3% | CEPI | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −43.0% | −19.2% | CEPI | Deepest fall from a high to the low after it. | |
| Upside capture | 167.7% | 112.3% | 100.0% | BLOX | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 183.1% | 123.0% | 100.0% | CEPI | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 2.34 | 1.39 | 1.00 | CEPI lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.30 | 0.46 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | −0.13 | 0.42 | CEPI | Return above Treasury bills per unit of volatility. | |
| Sortino | −0.18 | 0.61 | CEPI | Return above Treasury bills per unit of downside deviation. | |
| Treynor | −0.027 | 0.072 | 0.131 | CEPI | Return above Treasury bills per unit of beta. |
| Calmar | −0.31 | 0.61 | CEPI | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | SPY | SPY | SPY | The ETF each fund is measured against. | |
| Alpha | −36.9% a year | −8.3% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −1.02 | −0.54 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −108.9% to +35.1% | −38.6% to +22.1% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | −0.44 | −0.17 | CEPI | Return against its benchmark per unit of tracking error. | |
| Tracking error | 43.8% | 17.9% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
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 CEPI hold 10% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.
half
10% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | BLOX | CEPI | BLOX | CEPI | BLOX | CEPI |
| 3 months | −13.6% | −5.5% | 8.9% | 10.2% | −13.4 pts | −5.3 pts |
| 6 months | −29.7% | −3.9% | 14.6% | 18.2% | −34.8 pts | −9.0 pts |
| 1 year | −35.9% | +0.5% | 24.2% | 33.0% | −50.7 pts | −14.2 pts |
| Since launchNot the same days: BLOX Jun 2025 · CEPI Dec 2024 | −10.5% | +12.5% | 44.9% | 54.5% | −41.0 pts | −16.6 pts |
Client brief:
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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.
CEPI
Over the year to Nov 4, 2026, CEPI paid 33.0% of its starting value in cash distributions while its price fell 33.1%. With every distribution reinvested, the fund returned +0.5%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 14.3 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 41.4%, paid weekly. REX estimates that 100% of the distribution paid Oct 29, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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 CEPI, data as of Nov 4, 2026. https://etfiq.com/compare/income/blox-vs-cepi
ETFIQ. (Nov 4, 2026). BLOX against CEPI. Retrieved from https://etfiq.com/compare/income/blox-vs-cepi
[BLOX against CEPI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/blox-vs-cepi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.