Data as of .
NEHI vs XBTY: which paid, and which earned it?
NEHI and XBTY both write options for income.
What they hold in common
By the books each fund has filed, NEHI and XBTY hold 0% of their money in the same securities at the same weight.
| Only in NEHI | Only in XBTY |
|---|---|
| United States Treasury Bill 80.67% | Treasury Bill 62.54% |
| iShares Ethereum Trust ETF 19.33% | Treasury Bill 37.46% |
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 | XBTY | NEHI | XBTY | NEHI | XBTY | |
| 3 months | +40.9% | +6.9% | 9.2% | 8.4% | −13.7 pts | −22.3 pts |
| 6 months | +16.5% | −1.3% | 14.7% | 23.0% | −7.2 pts | −17.1 pts |
| 1 year | not published | −42.9% | not published | 37.4% | not published | −11.8 pts |
| Since launch | −16.3% | −34.0% | 18.6% | 60.0% | −0.3 pts | −11.1 pts |
| NEHI NEOS Ethereum High Income ETF Option income on ETHA, paying monthly | XBTY GraniteShares YieldBOOST Bitcoin ETF Synthetic covered call on IBIT, paying weekly | |
|---|---|---|
| Issuer | NEOS | GraniteShares |
| Strategy | option income | synthetic covered call |
| Benchmark | Ether (ETHA) | Bitcoin (IBIT) |
| Pays | monthly | weekly |
| Payout rate, annualized | 31.6% | 29.8% |
| Expense ratio | 0.98% | 1.15% |
| Cash paid, 1 year | 18.6% (since launch on Dec 3, 2025) | 37.4% |
| Price change, 1 year | −36.5% | −74.1% |
| Total return, 1 year | −16.3% (since launch on Dec 3, 2025) | −42.9% |
| Benchmark return, 1 year | −16.0% | −31.1% |
| Ahead or behind | −0.3 pts | −11.8 pts |
| Return of capital, latest estimate | 93% | 92% |
| Age | 289 days | 493 days |
| Net assets | $110m | $10m |
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).
XBTY in plain words
Over the year to Sep 18, 2026, XBTY paid 37.4% of its starting value in cash distributions while its price fell 74.1%. With every distribution reinvested, the fund returned −42.9%. Bitcoin (IBIT) returned −31.1% over the same days, so a holder was behind by 11.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.8%, paid weekly. GraniteShares estimates that 92% of the distribution paid Aug 25, 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 XBTY?
- NEHI charges 0.98% a year and XBTY charges 1.15%, 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 XBTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/nehi-vs-xbty Free to use with attribution; the underlying files are at Open data.