Data as of Nov 4, 2026.

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Income ETFs

BTCI vs XBCI: Dividend Yield & Total Return

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BTCI and XBCI both write options for income.

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Net assets on Oct 28, 2026: $1.4bn for NEOS Bitcoin High Income ETF and $238m for NEOS Boosted Bitcoin High Income ETF.

At a glance
18.3%
BTCI cash paid, 1 year
26.3%
XBCI cash paid, since launch, Feb 3, 2026
−20.8%
BTCI total return, 1 year
+0.5%
XBCI total return, since launch, Feb 3, 2026
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.
XBCI · since launch to Nov 4, 2026 About even with BTCI
XBCI
+0.5%
BTCI
+0.9%

About even with BTCI

XBCI since launch: paid 26.3%, price −27.6%, total +0.5%, BTCI +0.9%, −0.4 pts. Data to Nov 4, 2026.

BTCI

+0.9%

XBCI

+0.5%

about even with BTCI

Total return, distributions reinvested

About even with BTCI

XBCI since launch: paid 26.3%, price −27.6%, total +0.5%, BTCI +0.9%, −0.4 pts. Data to Nov 4, 2026.

BTCI

+0.9%

XBCI

+0.5%

about even with BTCI

26.3% of it arrived as cash. Both charts share one scale, with zero at the line. XBCI since launch: paid 26.3%, price −27.6%, total +0.5%, BTCI +0.9%, −0.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

XBCI costs 0.01 points a year less; BTCI is 5.9 times larger.

Points (pts) are percentage points.

BTCI vs XBCI: Dividend Yield & Total Return
MeasureBTCIXBCI
Paid and earned
Total return, 1 year−20.8%not published
Price changefell 39.3% (1 year)fell 27.6% (since Feb 3, 2026)
Return of capital, issuer estimate92% of the Oct 23, 2026 payment97% of the Oct 9, 2026 payment
Against its benchmark
BenchmarkBitcoin (BTC-USD)NEOS Bitcoin High Income ETF, measured through BTCI
Cost and size
Expense ratio0.99%0.98%
Net assets, as of Oct 28, 2026$1.4bn$238m
Holdings
Holdings in common21%

Method

Risk and return

Feb 13, 2026 to Oct 30, 2026 · 37 weekly returns
BTCI XBCI
Return
Total return edge BTCI +7.2% +6.3%
Price return edge BTCI −12.1% −18.3%
Risk
Max drawdown edge BTCI −23.6% −33.8%
Reading

From Feb 2026 to Oct 2026, BTCI returned more: +7.2% to +6.3%. BTCI fell less at its worst: −23.6% to −33.8%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: BTCI vs XBCI: Dividend Yield & Total Return
MeasureBTCIXBCIEdgeHow it is measured
Return
Total return+7.2%+6.3%BTCIPrice change plus distributions, reinvested.
Price return−12.1%−18.3%BTCIPrice change alone, distributions left out.
Risk
Max drawdown−23.6%−33.8%BTCIDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 37 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

21%

By the books each fund has filed, BTCI and XBCI hold 21% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

0 half 100%

half

21% in common

Positions both hold · largest shared weight first BTCI XBCI
iShares Bitcoin Trust ETF 17.12% 19.69%
CBTX US 01/15/27 C1980 3.40% 5.70%
CBTX US 12/18/26 C2000 -0.53% -0.80%
CBTX US 12/18/26 C1930 -0.79% -1.19%
CBTX US 01/15/27 P1980 -8.94% -14.95%
Only in one fund ↓
Only in BTCI
VanEck Bitcoin ETF 1.87%
Only in XBCI
Check overlap with more funds →

Side by side

BTCI NEOS Bitcoin High Income ETF · Option income on Bitcoin, paying monthly XBCI NEOS Boosted Bitcoin High Income ETF · Option income on BTCI, paying monthly
Issuer NEOS NEOS
Strategy option income option income
Benchmark Bitcoin (BTC-USD) NEOS Bitcoin High Income ETF (BTCI)
Pays monthly monthly
Payout rate, annualized 26.4% 37.4%
Expense ratio 0.99% 0.98%
Cash paid, 1 year 18.3% 26.3% (since launch, Feb 3, 2026)
Price change, 1 year −39.3% −27.6% (since launch, Feb 3, 2026)
Total return, 1 year −20.8% +0.5% (since launch, Feb 3, 2026)
Benchmark return, 1 year −20.5% +0.9% (since launch, Feb 3, 2026)
Ahead or behind −0.3 pts −0.4 pts (since launch, Feb 3, 2026)
Return of capital, latest estimate 92% 97%
Age 2.0 years 274 days
Net assets, as of Oct 28, 2026 $1.4bn $238m

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 XBCI: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowBTCIXBCIBTCIXBCIBTCIXBCI
3 months+17.5%+24.3%7.1%11.7%−6.0 pts+6.8 pts
6 months−4.4%−9.9%11.0%14.6%−2.7 pts−5.5 pts
1 year−20.8%–18.3%–−0.3 pts–
Since launchNot the same days: BTCI Oct 2024 · XBCI Feb 2026+13.6%+0.5%55.8%26.3%−6.2 pts−0.4 pts

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Client brief

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

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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.

XBCI

Over the period from its first trade on Feb 3, 2026 to Nov 4, 2026, XBCI paid 26.3% of its starting value in cash distributions while its price fell 27.6%. With every distribution reinvested, the fund returned +0.5%. NEOS Bitcoin High Income ETF (BTCI) returned +0.9% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 37.4%, paid monthly. NEOS estimates that 97% of the distribution paid Oct 9, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

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

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