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Data as of .

BTCI vs YBTC: which paid, and which earned it?

Over the year YBTC paid 24.9% of its price in cash against BTCI’s 18.6%, though BTCI returned more with it reinvested.

NEOS Bitcoin High Income ETF and Roundhill Bitcoin Covered Call Strategy ETF.

18.6%BTCI cash paid, 1 year
24.9%YBTC cash paid, 1 year
−29.1%BTCI total return, 1 year
−38.2%YBTC total return, 1 year

ETFIQ Return Stability Score: BTCI scores higher

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

BTCI 45.3YBTC 19.93.8, 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

BTCI2 pts ahead of IBIT · 1 year to Sep 18, 2026
IBIT−31.1%BTCI−29.1%2 pts ahead of IBITTotal return, distributions reinvestedIBIT−31.1%BTCI−29.1%2 pts ahead of IBIT
YBTC7.1 pts behind IBIT · 1 year to Sep 18, 2026
IBIT−31.1%YBTC−38.2%7.1 pts behind IBITTotal return, distributions reinvestedIBIT−31.1%YBTC−38.2%7.1 pts behind IBIT

What they hold in common

By the books each fund has filed, BTCI and YBTC hold 0% of their money in the same securities at the same weight.

Only in each
Only in BTCIOnly in YBTC
United States Treasury Bill 78.13%United States Treasury Bill 10/08/2026 95.71%
iShares Bitcoin Trust ETF 14.10%IBIT 10/16/2026 45.86 C 4.54%
VanEck Bitcoin ETF/US 7.77%First American Government Obligations Fu 4.11%
IBIT 09/25/2026 48.27 C -0.61%
IBIT 10/16/2026 45.86 P -3.75%

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

BTCI and YBTC over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BTCIYBTCBTCIYBTCBTCIYBTC
3 months+22.3%+13.7%7.0%7.5%−6.9 pts−15.5 pts
6 months+11.9%+0.6%12.7%14.8%−3.8 pts−15.1 pts
1 year−29.1%−38.2%18.6%24.9%+2.0 pts−7.1 pts
Since launch+15.5%+28.5%54.4%101.4%−5.5 pts−68.7 pts
Open the live comparison on ETFIQ
BTCI and YBTC on the same fields, as of Sep 18, 2026. Source: ETFIQ.
BTCI
NEOS Bitcoin High Income ETF
Option income on IBIT, paying monthly
YBTC
Roundhill Bitcoin Covered Call Strategy ETF
Covered call on IBIT, paying weekly
IssuerNEOSRoundhill
Strategyoption incomecovered call
BenchmarkBitcoin (IBIT)Bitcoin (IBIT)
Paysmonthlyweekly
Payout rate, annualized26.3%29.5%
Expense ratio0.99%0.95%
Cash paid, 1 year18.6%24.9%
Price change, 1 year−47.0%−60.1%
Total return, 1 year−29.1%−38.2%
Benchmark return, 1 year−31.1%−31.1%
Ahead or behind+2.0 pts−7.1 pts
Return of capital, latest estimate94%not published
Age701 days974 days
Net assets$1.3bn$142m

BTCI in plain words

Over the year to Sep 18, 2026, BTCI paid 18.6% of its starting value in cash distributions while its price fell 47.0%. With every distribution reinvested, the fund returned −29.1%. Bitcoin (IBIT) returned −31.1% over the same days, so a holder was ahead by 2.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 26.3%, paid monthly. NEOS estimates that 94% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

YBTC in plain words

Over the year to Sep 18, 2026, YBTC paid 24.9% of its starting value in cash distributions while its price fell 60.1%. With every distribution reinvested, the fund returned −38.2%. Bitcoin (IBIT) returned −31.1% over the same days, so a holder was behind by 7.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.5%, paid weekly.

Questions people ask

Which paid more, BTCI or YBTC?
Over the year to Sep 18, 2026, BTCI paid 18.6% of its starting price in cash and YBTC paid 24.9%, so YBTC 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 YBTC?
With every distribution reinvested, BTCI returned −29.1% and YBTC returned −38.2% over the year to Sep 18, 2026, so BTCI returned more.
Which is cheaper, BTCI or YBTC?
BTCI charges 0.99% a year and YBTC charges 0.95%, so YBTC 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.

BTCI against YBTC, 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, BTCI against YBTC, data as of Sep 18, 2026. https://etfiq.com/compare/income/btci-vs-ybtc Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources