Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

BTCC vs XBTY: which paid, and which earned it?

Over the year XBTY paid 37.4% of its price in cash against BTCC’s 29.0%, though BTCC returned more with it reinvested.

Grayscale Bitcoin Covered Call ETF and GraniteShares YieldBOOST Bitcoin ETF.

29.0%BTCC cash paid, 1 year
37.4%XBTY cash paid, 1 year
−32.5%BTCC total return, 1 year
−42.9%XBTY total return, 1 year

ETFIQ Return Stability Score: BTCC scores higher

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

BTCC 29.8XBTY 9.53.8, 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

BTCC1.4 pts behind IBIT · 1 year to Sep 18, 2026
IBIT−31.1%BTCC−32.5%1.4 pts behind IBITTotal return, distributions reinvestedIBIT−31.1%BTCC−32.5%1.4 pts behind IBIT
XBTY11.8 pts behind IBIT · 1 year to Sep 18, 2026
IBIT−31.1%XBTY−42.9%11.8 pts behind IBITTotal return, distributions reinvestedIBIT−31.1%XBTY−42.9%11.8 pts behind IBIT

What they hold in common

By the books each fund has filed, BTCC and XBTY hold 63% of their money in the same securities at the same weight.

Positions BTCC and XBTY both hold, largest shared weight first
HoldingBTCCXBTY
TREASURY BILL100.00%62.54%
Only in each
Only in BTCCOnly in XBTY
Treasury Bill 37.46%

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.

Performance, window by window

BTCC and XBTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BTCCXBTYBTCCXBTYBTCCXBTY
3 months+12.8%+6.9%10.4%8.4%−16.4 pts−22.3 pts
6 months+4.3%−1.3%20.2%23.0%−11.4 pts−17.1 pts
1 year−32.5%−42.9%29.0%37.4%−1.4 pts−11.8 pts
Since launch−17.7%−34.0%53.5%60.0%−10.8 pts−11.1 pts
Open the live comparison on ETFIQ
BTCC and XBTY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BTCC
Grayscale Bitcoin Covered Call ETF
Covered call on IBIT, paying monthly
XBTY
GraniteShares YieldBOOST Bitcoin ETF
Synthetic covered call on IBIT, paying weekly
IssuerGrayscaleGraniteShares
Strategycovered callsynthetic covered call
BenchmarkBitcoin (IBIT)Bitcoin (IBIT)
Paysmonthlyweekly
Payout rate, annualized20.2%29.8%
Expense ratio0.65%1.15%
Cash paid, 1 year29.0%37.4%
Price change, 1 year−59.1%−74.1%
Total return, 1 year−32.5%−42.9%
Benchmark return, 1 year−31.1%−31.1%
Ahead or behind−1.4 pts−11.8 pts
Return of capital, latest estimatenot published92%
Age534 days493 days
Net assets$13m$10m

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.

XBTY in plain words

Over the year to Sep 18, 2026, XBTY paid 37.4% of its starting value in cash distributions while its price fell 74.1%. With every distribution reinvested, the fund returned −42.9%. Bitcoin (IBIT) returned −31.1% over the same days, so a holder was behind by 11.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.8%, paid weekly. GraniteShares estimates that 92% of the distribution paid Aug 25, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, BTCC or XBTY?
Over the year to Sep 18, 2026, BTCC paid 29.0% of its starting price in cash and XBTY paid 37.4%, so XBTY 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 XBTY?
With every distribution reinvested, BTCC returned −32.5% and XBTY returned −42.9% over the year to Sep 18, 2026, so BTCC returned more.
Which is cheaper, BTCC or XBTY?
BTCC charges 0.65% a year and XBTY charges 1.15%, 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.

BTCC against XBTY, 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, BTCC against XBTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/btcc-vs-xbty Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources