Data as of .
BLOX vs NEHI: which paid, and which earned it?
BLOX and NEHI both write options for income.
What they hold in common
By the books each fund has filed, BLOX and NEHI hold 8% of their money in the same securities at the same weight.
| Holding | BLOX | NEHI |
|---|---|---|
| iShares Ethereum Trust ETF | 8.47% | 19.33% |
| Only in BLOX | Only in NEHI |
|---|---|
| VanEck Bitcoin ETF/US 11.39% | United States Treasury Bill 80.67% |
| TSMC 9.01% | |
| Hut 8 Corp 8.56% | |
| Galaxy Digital Inc 7.71% | |
| IREN Ltd 7.36% | |
| Cipher Digital Inc 7.14% | |
| NVIDIA Corp 6.62% | |
| Robinhood Markets Inc 5.88% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BLOX | NEHI | BLOX | NEHI | BLOX | NEHI | |
| 3 months | −8.9% | +40.9% | 7.9% | 9.2% | −6.8 pts | −13.7 pts |
| 6 months | +21.8% | +16.5% | 19.0% | 14.7% | −12.0 pts | −7.2 pts |
| 1 year | −14.5% | not published | 26.3% | not published | −26.6 pts | not published |
| Since launch | +17.1% | −16.3% | 42.0% | 18.6% | −37.3 pts | −0.3 pts |
| BLOX Nicholas Crypto Income ETF Option income on BITQ, paying weekly | NEHI NEOS Ethereum High Income ETF Option income on ETHA, paying monthly | |
|---|---|---|
| Issuer | Nicholas | NEOS |
| Strategy | option income | option income |
| Benchmark | Crypto industry (BITQ), used as the crypto proxy | Ether (ETHA) |
| Pays | weekly | monthly |
| Payout rate, annualized | 32.7% | 31.6% |
| Expense ratio | 0.99% | 0.98% |
| Cash paid, 1 year | 26.3% | 18.6% (since launch on Dec 3, 2025) |
| Price change, 1 year | −40.9% | −36.5% |
| Total return, 1 year | −14.5% | −16.3% (since launch on Dec 3, 2025) |
| Benchmark return, 1 year | +12.1% | −16.0% |
| Ahead or behind | −26.6 pts | −0.3 pts |
| Return of capital, latest estimate | not published | 93% |
| Age | 458 days | 289 days |
| Net assets | $268m | $110m |
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.
NEHI in plain words
Over the period since launch on Dec 3, 2025 to Sep 18, 2026, NEHI paid 18.6% of its starting value in cash distributions while its price fell 36.5%. With every distribution reinvested, the fund returned −16.3%. Ether (ETHA) returned −16.0% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 31.6%, paid monthly. NEOS estimates that 93% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, BLOX or NEHI?
- BLOX charges 0.99% a year and NEHI charges 0.98%, so NEHI 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.
Cite this page. ETFIQ, BLOX against NEHI, data as of Sep 18, 2026. https://etfiq.com/compare/income/blox-vs-nehi Free to use with attribution; the underlying files are at Open data.