Data as of .
BTCC vs DFII: which paid, and which earned it?
Over the year BTCC paid 29.0% of its price in cash against DFII’s 11.5% and the two finished level on total return.
ETFIQ Return Stability Score: DFII scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, BTCC and DFII hold 0% of their money in the same securities at the same weight.
| Only in BTCC | Only in DFII |
|---|---|
| TREASURY BILL 100.00% | 2026-09-30 S&P 500® Mini Index P 2,997.64 1283.75% |
| US Dollar 0.98% | |
| 2026-09-30 iShares Bitcoin Trust ETF C 49.94 0.46% | |
| 2026-09-30 S&P 500® Mini Index C 2,810.29 0.01% | |
| 2026-09-30 S&P 500® Mini Index C 2,997.64 -0.01% | |
| 2026-09-25 iShares Bitcoin Trust ETF C 46.02 -0.36% | |
| 2026-09-30 iShares Bitcoin Trust ETF P 49.94 -8.84% | |
| 2026-09-30 S&P 500® Mini Index P 2,810.29 -1175.99% |
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 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| BTCC | DFII | BTCC | DFII | BTCC | DFII | |
| 3 months | +12.8% | +23.6% | 10.4% | 4.7% | −16.4 pts | −5.6 pts |
| 6 months | +4.3% | +10.5% | 20.2% | 8.4% | −11.4 pts | −5.2 pts |
| 1 year | −32.5% | −32.5% | 29.0% | 11.5% | −1.4 pts | −1.5 pts |
| Since launch | −17.7% | −5.6% | 53.5% | 24.3% | −10.8 pts | −4.4 pts |
| BTCC Grayscale Bitcoin Covered Call ETF Covered call on IBIT, paying monthly | DFII FT Vest Bitcoin Strategy & Target Income ETF Option income on IBIT, paying monthly | |
|---|---|---|
| Issuer | Grayscale | First Trust |
| Strategy | covered call | option income |
| Benchmark | Bitcoin (IBIT) | Bitcoin (IBIT) |
| Pays | monthly | monthly |
| Payout rate, annualized | 20.2% | 17.4% |
| Expense ratio | 0.65% | 0.85% |
| Cash paid, 1 year | 29.0% | 11.5% |
| Price change, 1 year | −59.1% | −43.7% |
| Total return, 1 year | −32.5% | −32.5% |
| Benchmark return, 1 year | −31.1% | −31.1% |
| Ahead or behind | −1.4 pts | −1.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 534 days | 533 days |
| Net assets | $13m | $21m |
BTCC in plain words
Over the year to Sep 18, 2026, BTCC paid 29.0% of its starting value in cash distributions while its price fell 59.1%. With every distribution reinvested, the fund returned −32.5%. Bitcoin (IBIT) returned −31.1% over the same days, so a holder was behind by 1.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.2%, paid monthly.
DFII in plain words
Over the year to Sep 18, 2026, DFII paid 11.5% of its starting value in cash distributions while its price fell 43.7%. Bitcoin (IBIT) returned −31.1% over the same days, so a holder was behind by 1.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 17.4%, paid monthly.
Questions people ask
- Which paid more, BTCC or DFII?
- Over the year to Sep 18, 2026, BTCC paid 29.0% of its starting price in cash and DFII paid 11.5%, so BTCC paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, BTCC or DFII?
- With every distribution reinvested, BTCC returned −32.5% and DFII returned −32.5% over the year to Sep 18, 2026, so BTCC returned more.
- Which is cheaper, BTCC or DFII?
- BTCC charges 0.65% a year and DFII charges 0.85%, so BTCC 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, BTCC against DFII, data as of Sep 18, 2026. https://etfiq.com/compare/income/btcc-vs-dfii Free to use with attribution; the underlying files are at Open data.