Which paid more, BTCI or XBTY?

Over the year to Nov 4, 2026, BTCI paid 18.3% of its starting price in cash and XBTY paid 40.3%, 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, BTCI or XBTY?

With every distribution reinvested, BTCI returned −20.8% and XBTY −25.3% over the year to Nov 4, 2026.

Which is cheaper, BTCI or XBTY?

BTCI charges 0.99% a year and XBTY charges 1.18%, so BTCI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

BTCI vs XBTY: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, XBTY paid 40.3% of its price in cash against BTCI’s 18.3%, though BTCI returned more with it reinvested.

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Net assets: $1.4bn on Oct 28, 2026 for NEOS Bitcoin High Income ETF, and $8.8m on Nov 3, 2026 for GraniteShares YieldBOOST Bitcoin ETF.

BTCI on its own →XBTY on its own →

At a glance

18.3%

BTCI cash paid, 1 year

40.3%

XBTY cash paid, 1 year

−20.8%

BTCI total return, 1 year

−25.3%

XBTY total return, 1 year

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.

XBTY · 1 year to Nov 4, 2026 4.8 pts behind Bitcoin

XBTY

−25.3%

Bitcoin

−20.5%

4.8 pts behind Bitcoin

XBTY over 1 year: paid 40.3%, price −62.5%, total −25.3%, Bitcoin −20.5%, −4.8 pts. Data to Nov 4, 2026.

Bitcoin

−20.5%

XBTY

−25.3%

4.8 pts behind Bitcoin

Total return, distributions reinvested

4.8 pts behind Bitcoin

XBTY over 1 year: paid 40.3%, price −62.5%, total −25.3%, Bitcoin −20.5%, −4.8 pts. Data to Nov 4, 2026.

Bitcoin

−20.5%

XBTY

−25.3%

4.8 pts behind Bitcoin

40.3% of it arrived as cash. Both charts share one scale, with zero at the line. XBTY over 1 year: paid 40.3%, price −62.5%, total −25.3%, Bitcoin −20.5%, −4.8 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

BTCI costs 0.19 points a year less; their one-year returns differ by 4.5 points; BTCI is far larger, $1.4bn against $9.2m.

Points (pts) are percentage points.

BTCI vs XBTY: Dividend Yield & Total Return
Measure	BTCI	XBTY
Paid and earned
Measure	BTCI	XBTY
Total return, 1 year	−20.8%	−25.3%
Price change, 1 year	fell 39.3%	fell 62.5%
Return of capital, issuer estimate	92% of the Oct 23, 2026 payment	93% of the Sep 22, 2026 payment
Against its benchmark
Measure	BTCI	XBTY
Benchmark	Bitcoin (BTC-USD)	Bitcoin (BTC-USD)
Cost and size
Measure	BTCI	XBTY
Expense ratio	0.99%	1.18%
Net assets, as of Oct 28, 2026	$1.4bn	$9.2m
Holdings
Measure	BTCI	XBTY
Holdings in common	0%

ETFIQ Distribution Coverage Score · XBTY scores higher How much of what it paid out did its total return cover?

IQ Income Score4.5BTCI7.5XBTY

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

BTCI 4.5

XBTY 7.5

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

Risk and return

May 23, 2025 to Oct 30, 2026 · 75 weekly returns

BTCI XBTY

Return

Total return edge BTCI −26.2% −37.6%

Annualized edge BTCI −19.0% −27.9%

Price return edge BTCI −49.6% −79.7%

Risk

Volatility edge XBTY 35.8% 22.9%

Max drawdown edge BTCI (slight) −46.9% −48.6%

Risk-adjusted

Sharpe edge BTCI −0.52 −1.48

Sortino edge BTCI −0.67 −1.64

Calmar edge BTCI −0.41 −0.57

Reading

From May 2025 to Oct 2026, BTCI returned more: −26.2% to −37.6%. XBTY swung less: 22.9% to 35.8%. BTCI fell slightly less at its worst: −46.9% to −48.6%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: BTCI vs XBTY: Dividend Yield & Total Return
Measure	BTCI	XBTY	Edge	How it is measured
Return
Total return	−26.2%	−37.6%	BTCI	Price change plus distributions, reinvested.
Annualized	−19.0%	−27.9%	BTCI	Total return as a yearly rate.
Price return	−49.6%	−79.7%	BTCI	Price change alone, distributions left out.
Risk
Volatility	35.8%	22.9%	XBTY	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	27.5%	20.6%	XBTY	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−46.9%	−48.6%	BTCI (slight)	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.52	−1.48	BTCI	Return above Treasury bills per unit of volatility.
Sortino	−0.67	−1.64	BTCI	Return above Treasury bills per unit of downside deviation.
Calmar	−0.41	−0.57	BTCI	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 75 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, BTCI and XBTY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BTCI XBTY

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 XBTY

Check overlap with more funds →

Side by side

BTCI NEOS Bitcoin High Income ETF · Option income on Bitcoin, paying monthly XBTY GraniteShares YieldBOOST Bitcoin ETF · Synthetic covered call on Bitcoin, paying weekly

Issuer NEOS GraniteShares

Strategy option income synthetic covered call

Benchmark Bitcoin (BTC-USD) Bitcoin (BTC-USD)

Pays monthly weekly

Payout rate, annualized 26.4% 29.7%

Expense ratio 0.99% 1.18%

Cash paid, 1 year 18.3% 40.3%

Price change, 1 year −39.3% −62.5%

Total return, 1 year −20.8% −25.3%

Benchmark return, 1 year −20.5% −20.5%

Ahead or behind −0.3 pts −4.8 pts

Return of capital, latest estimate 92% 93%

Age 2.0 years 1.5 years

Net assets, BTCI as of Oct 28, 2026 and XBTY as of Nov 3, 2026 $1.4bn $8.8m

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 XBTY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	BTCI	XBTY	BTCI	XBTY	BTCI	XBTY
3 months	+17.5%	+7.0%	7.1%	7.6%	−6.0 pts	−16.5 pts
6 months	−4.4%	−4.7%	11.0%	16.0%	−2.7 pts	−3.0 pts
1 year	−20.8%	−25.3%	18.3%	40.3%	−0.3 pts	−4.8 pts
Since launchNot the same days: BTCI Oct 2024 · XBTY May 2025	+13.6%	−33.6%	55.8%	60.8%	−6.2 pts	−9.9 pts

Open this comparison in the app →

Client brief

No client brief for this pair: the two funds' holdings are dated 126 days apart.

Alert

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.

XBTY

Over the year to Nov 4, 2026, XBTY paid 40.3% of its starting value in cash distributions while its price fell 62.5%. With every distribution reinvested, the fund returned −25.3%. Bitcoin (BTC-USD) returned −20.5% over the same days, so a holder was behind by 4.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 29.7%, paid weekly. GraniteShares estimates that 93% of the distribution paid Sep 22, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, BTCI or XBTY?: Over the year to Nov 4, 2026, BTCI paid 18.3% of its starting price in cash and XBTY paid 40.3%, 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, BTCI or XBTY?: With every distribution reinvested, BTCI returned −20.8% and XBTY −25.3% over the year to Nov 4, 2026.
Which is cheaper, BTCI or XBTY?: BTCI charges 0.99% a year and XBTY charges 1.18%, so BTCI is cheaper. Fees come from each fund's prospectus.

Other comparisons

BTCI vs DFII BTCI vs BAGY BTCI vs BCCC BTCI vs BITY XBTY vs YBTC XBTY vs YBIT XBTY vs BITY XBTY vs BCCC

Where to next

BTCI on its own →XBTY on its own →BTCI dividend history →BTCI holdings →XBTY dividend history →Method →Standards and sources →

Sources and dates

BTCI filings on SEC EDGAR ↗

BTCI prospectus with the expense ratio (SEC) ↗

BTCI 19a-1 distribution notice ↗

NEOS page for BTCI ↗

XBTY filings on SEC EDGAR ↗

XBTY prospectus with the expense ratio (SEC) ↗

XBTY 19a-1 distribution notice ↗

GraniteShares page for XBTY ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, BTCI against XBTY, data as of Nov 4, 2026. https://etfiq.com/compare/income/btci-vs-xbty

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