Data as of .
NEHI vs XBCI: which paid, and which earned it?
NEHI and XBCI both write options for income.
What they hold in common
By the books each fund has filed, NEHI and XBCI hold 79% of their money in the same securities at the same weight.
| Holding | NEHI | XBCI |
|---|---|---|
| United States Treasury Bill | 80.67% | 79.38% |
| Only in NEHI | Only in XBCI |
|---|---|
| iShares Ethereum Trust ETF 19.33% | iShares Bitcoin Trust ETF 20.62% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| NEHI | XBCI | NEHI | XBCI | NEHI | XBCI | |
| 3 months | +40.9% | +32.2% | 9.2% | 10.1% | −13.7 pts | +3.0 pts |
| 6 months | +16.5% | +14.7% | 14.7% | 18.0% | −7.2 pts | −1.0 pts |
| Since launch | −16.3% | +3.7% | 18.6% | 21.3% | −0.3 pts | −2.5 pts |
| NEHI NEOS Ethereum High Income ETF Option income on ETHA, paying monthly | XBCI NEOS Boosted Bitcoin High Income ETF Option income on IBIT, paying monthly | |
|---|---|---|
| Issuer | NEOS | NEOS |
| Strategy | option income | option income |
| Benchmark | Ether (ETHA) | Bitcoin (IBIT) |
| Pays | monthly | monthly |
| Payout rate, annualized | 31.6% | 38.0% |
| Expense ratio | 0.98% | 0.98% |
| Cash paid, 1 year | 18.6% (since launch on Dec 3, 2025) | 21.3% (since launch on Feb 3, 2026) |
| Price change, 1 year | −36.5% | −20.3% |
| Total return, 1 year | −16.3% (since launch on Dec 3, 2025) | +3.7% (since launch on Feb 3, 2026) |
| Benchmark return, 1 year | −16.0% | +6.3% |
| Ahead or behind | −0.3 pts | −2.5 pts |
| Return of capital, latest estimate | 93% | 95% |
| Age | 289 days | 227 days |
| Net assets | $110m | $179m |
NEHI in plain words
Over the period since launch on Dec 3, 2025 to Sep 18, 2026, NEHI paid 18.6% of its starting value in cash distributions while its price fell 36.5%. With every distribution reinvested, the fund returned −16.3%. Ether (ETHA) returned −16.0% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 31.6%, paid monthly. NEOS estimates that 93% 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).
XBCI in plain words
Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XBCI paid 21.3% of its starting value in cash distributions while its price fell 20.3%. With every distribution reinvested, the fund returned +3.7%. Bitcoin (IBIT) returned +6.3% over the same days, so a holder was behind by 2.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 38.0%, paid monthly. NEOS estimates that 95% of the distribution paid Jul 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, NEHI or XBCI?
- NEHI charges 0.98% a year and XBCI charges 0.98%, so NEHI 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.
Cite this page. ETFIQ, NEHI against XBCI, data as of Sep 18, 2026. https://etfiq.com/compare/income/nehi-vs-xbci Free to use with attribution; the underlying files are at Open data.