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Data as of .

BLOX vs ETCO: which paid, and which earned it?

Over the year ETCO paid 35.2% of its price in cash against BLOX’s 26.3%, though BLOX returned more with it reinvested.

Nicholas Crypto Income ETF and Grayscale Ethereum Covered Call ETF.

26.3%BLOX cash paid, 1 year
35.2%ETCO cash paid, 1 year
−14.5%BLOX total return, 1 year
−47.4%ETCO total return, 1 year

ETFIQ Return Stability Score: ETCO scores higher

Was the payout funded by returns, or by your own capital?

BLOX 5.2ETCO 23.13.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

BLOX26.6 pts behind BITQ · 1 year to Sep 18, 2026
BITQ+12.1%BLOX−14.5%26.6 pts behind BITQTotal return, distributions reinvestedBITQ+12.1%BLOX−14.5%26.6 pts behind BITQ
ETCO4.8 pts behind ETHA · 1 year to Sep 18, 2026
ETHA−42.6%ETCO−47.4%4.8 pts behind ETHATotal return, distributions reinvestedETHA−42.6%ETCO−47.4%4.8 pts behind ETHA

What they hold in common

By the books each fund has filed, BLOX and ETCO hold 0% of their money in the same securities at the same weight.

Only in each
Only in BLOXOnly in ETCO
VanEck Bitcoin ETF/US 11.39%TREASURY BILL 100.00%
TSMC 9.01%
Hut 8 Corp 8.56%
iShares Ethereum Trust ETF 8.47%
Galaxy Digital Inc 7.71%
IREN Ltd 7.36%
Cipher Digital Inc 7.14%
NVIDIA Corp 6.62%

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 Apr 30, 2026 and Jun 30, 2026.

Performance, window by window

BLOX and ETCO over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BLOXETCOBLOXETCOBLOXETCO
3 months−8.9%+18.4%7.9%11.7%−6.8 pts−36.3 pts
6 months+21.8%−1.3%19.0%22.6%−12.0 pts−25.1 pts
1 year−14.5%−47.4%26.3%35.2%−26.6 pts−4.8 pts
Since launch+17.1%−43.1%42.0%38.1%−37.3 pts−4.7 pts
Open the live comparison on ETFIQ
BLOX and ETCO on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BLOX
Nicholas Crypto Income ETF
Option income on BITQ, paying weekly
ETCO
Grayscale Ethereum Covered Call ETF
Covered call on ETHA, paying monthly
IssuerNicholasGrayscale
Strategyoption incomecovered call
BenchmarkCrypto industry (BITQ), used as the crypto proxyEther (ETHA)
Paysweeklymonthly
Payout rate, annualized32.7%19.8%
Expense ratio0.99%0.65%
Cash paid, 1 year26.3%35.2%
Price change, 1 year−40.9%−75.5%
Total return, 1 year−14.5%−47.4%
Benchmark return, 1 year+12.1%−42.6%
Ahead or behind−26.6 pts−4.8 pts
Return of capital, latest estimatenot publishednot published
Age458 days379 days
Net assets$268m$4m

BLOX in plain words

Over the year to Sep 18, 2026, BLOX paid 26.3% of its starting value in cash distributions while its price fell 40.9%. With every distribution reinvested, the fund returned −14.5%. Crypto industry (BITQ), used as the crypto proxy returned +12.1% over the same days, so a holder was behind by 26.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 32.7%, paid weekly.

ETCO in plain words

Over the year to Sep 18, 2026, ETCO paid 35.2% of its starting value in cash distributions while its price fell 75.5%. With every distribution reinvested, the fund returned −47.4%. Ether (ETHA) returned −42.6% over the same days, so a holder was behind by 4.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 19.8%, paid monthly.

Questions people ask

Which paid more, BLOX or ETCO?
Over the year to Sep 18, 2026, BLOX paid 26.3% of its starting price in cash and ETCO paid 35.2%, so ETCO 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 ETCO?
With every distribution reinvested, BLOX returned −14.5% and ETCO returned −47.4% over the year to Sep 18, 2026, so BLOX returned more.
Which is cheaper, BLOX or ETCO?
BLOX charges 0.99% a year and ETCO charges 0.65%, so ETCO is cheaper. Fees come from each fund's prospectus.

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.

BLOX against ETCO, 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, BLOX against ETCO, data as of Sep 18, 2026. https://etfiq.com/compare/income/blox-vs-etco Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources