Data as of Nov 4, 2026.

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Income ETFs

BTCI vs NEHI: Dividend Yield & Total Return

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BTCI and NEHI both write options for income.

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Net assets on Oct 28, 2026: $1.4bn for NEOS Bitcoin High Income ETF and $112m for NEOS Ethereum High Income ETF.

At a glance
18.3%
BTCI cash paid, 1 year
20.0%
NEHI cash paid, since launch, Dec 3, 2025
−20.8%
BTCI total return, 1 year
−23.5%
NEHI total return, since launch, Dec 3, 2025
BTCI · 1 year to Nov 4, 2026 About even with Bitcoin
BTCI
−20.8%
Bitcoin
−20.5%

About even with Bitcoin

BTCI over 1 year: paid 18.3%, price −39.3%, total −20.8%, Bitcoin −20.5%, −0.3 pts. Data to Nov 4, 2026.

Bitcoin

−20.5%

BTCI

−20.8%

about even with Bitcoin

Total return, distributions reinvested

About even with Bitcoin

BTCI over 1 year: paid 18.3%, price −39.3%, total −20.8%, Bitcoin −20.5%, −0.3 pts. Data to Nov 4, 2026.

Bitcoin

−20.5%

BTCI

−20.8%

about even with Bitcoin

18.3% of it arrived as cash. Total return, distributions reinvested. BTCI over 1 year: paid 18.3%, price −39.3%, total −20.8%, Bitcoin −20.5%, −0.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
NEHI · since launch to Nov 4, 2026 0.6 pts behind Ether
NEHI
−23.5%
Ether
−22.9%

0.6 pts behind Ether

NEHI since launch: paid 20.0%, price −43.3%, total −23.5%, Ether −22.9%, −0.6 pts. Data to Nov 4, 2026.

Ether

−22.9%

NEHI

−23.5%

0.6 pts behind Ether

Total return, distributions reinvested

0.6 pts behind Ether

NEHI since launch: paid 20.0%, price −43.3%, total −23.5%, Ether −22.9%, −0.6 pts. Data to Nov 4, 2026.

Ether

−22.9%

NEHI

−23.5%

0.6 pts behind Ether

20.0% of it arrived as cash. Both charts share one scale, with zero at the line. NEHI since launch: paid 20.0%, price −43.3%, total −23.5%, Ether −22.9%, −0.6 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

NEHI costs 0.01 points a year less; BTCI is 12.5 times larger.

Points (pts) are percentage points.

BTCI vs NEHI: Dividend Yield & Total Return
MeasureBTCINEHI
Paid and earned
Total return, 1 year−20.8%not published
Price changefell 39.3% (1 year)fell 43.3% (since Dec 3, 2025)
Return of capital, issuer estimate92% of the Oct 23, 2026 payment93% of the Oct 23, 2026 payment
Against its benchmark
BenchmarkBitcoin (BTC-USD)Ether (ETH-USD)
Cost and size
Expense ratio0.99%0.98%
Net assets, as of Oct 28, 2026$1.4bn$112m
Holdings
Holdings in common0%

Method

Risk and return

Dec 12, 2025 to Oct 30, 2026 · 46 weekly returns
BTCI NEHI
Return
Total return edge BTCI −15.9% −28.3%
Price return edge BTCI −34.1% −46.8%
Risk
Max drawdown edge BTCI −34.3% −48.7%
Reading

From Dec 2025 to Oct 2026, BTCI returned more: −15.9% to −28.3%. BTCI fell less at its worst: −34.3% to −48.7%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: BTCI vs NEHI: Dividend Yield & Total Return
MeasureBTCINEHIEdgeHow it is measured
Return
Total return−15.9%−28.3%BTCIPrice change plus distributions, reinvested.
Price return−34.1%−46.8%BTCIPrice change alone, distributions left out.
Risk
Max drawdown−34.3%−48.7%BTCIDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 46 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, BTCI and NEHI hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BTCI NEHI
Only in one fund ↓
Only in BTCI
iShares Bitcoin Trust ETF 17.12%
CBTX US 01/15/27 C1980 3.40%
VanEck Bitcoin ETF 1.87%
CBTX US 12/18/26 C2000 -0.53%
CBTX US 12/18/26 C1930 -0.79%
CBTX US 01/15/27 P1980 -8.94%
Only in NEHI
iShares Ethereum Trust ETF 19.10%
ETHA 01/15/2027 60 C 3.36%
ETHA 12/18/2026 59 C -0.55%
ETHA 12/18/2026 55 C -0.96%
ETHA 01/15/2027 60 P -15.65%
Check overlap with more funds →

Side by side

BTCI NEOS Bitcoin High Income ETF · Option income on Bitcoin, paying monthly NEHI NEOS Ethereum High Income ETF · Option income on Ether, paying monthly
Issuer NEOS NEOS
Strategy option income option income
Benchmark Bitcoin (BTC-USD) Ether (ETH-USD)
Pays monthly monthly
Payout rate, annualized 26.4% 30.8%
Expense ratio 0.99% 0.98%
Cash paid, 1 year 18.3% 20.0% (since launch, Dec 3, 2025)
Price change, 1 year −39.3% −43.3% (since launch, Dec 3, 2025)
Total return, 1 year −20.8% −23.5% (since launch, Dec 3, 2025)
Benchmark return, 1 year −20.5% −22.9% (since launch, Dec 3, 2025)
Ahead or behind −0.3 pts −0.6 pts (since launch, Dec 3, 2025)
Return of capital, latest estimate 92% 93%
Age 2.0 years 336 days
Net assets, as of Oct 28, 2026 $1.4bn $112m

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

Window by window: BTCI vs NEHI: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowBTCINEHIBTCINEHIBTCINEHI
3 months+17.5%+17.8%7.1%8.7%−6.0 pts−8.5 pts
6 months−4.4%−3.3%11.0%13.0%−2.7 pts−6.3 pts
1 year−20.8%–18.3%–−0.3 pts–
Since launchNot the same days: BTCI Oct 2024 · NEHI Dec 2025+13.6%−23.5%55.8%20.0%−6.2 pts−0.5 pts

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Client brief

No client brief for this pair: ETFIQ prints no one-year total return for NEHI.

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About each fund
BTCI

Over the year to Nov 4, 2026, BTCI paid 18.3% of its starting value in cash distributions while its price fell 39.3%. With every distribution reinvested, the fund returned −20.8%. Bitcoin (BTC-USD) returned −20.5% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 26.4%, paid monthly. NEOS estimates that 92% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

NEHI

Over the period from its first trade on Dec 3, 2025 to Nov 4, 2026, NEHI paid 20.0% of its starting value in cash distributions while its price fell 43.3%. With every distribution reinvested, the fund returned −23.5%. Ether (ETH-USD) returned −22.9% over the same days, so a holder was behind by 0.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 30.8%, paid monthly. NEOS estimates that 93% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, BTCI or NEHI?
BTCI charges 0.99% a year and NEHI charges 0.98%, so NEHI is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, BTCI against NEHI, data as of Nov 4, 2026. https://etfiq.com/compare/income/btci-vs-nehi

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.