Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

XBCI vs XBTY: which paid, and which earned it?

XBCI and XBTY both write options for income.

NEOS Boosted Bitcoin High Income ETF and GraniteShares YieldBOOST Bitcoin ETF.

21.3%XBCI cash paid, 1 year
37.4%XBTY cash paid, 1 year
+3.7%XBCI total return, 1 year
−42.9%XBTY total return, 1 year
XBCI2.5 pts behind IBIT · since launch to Sep 18, 2026
IBIT+6.3%XBCI+3.7%2.5 pts behind IBITTotal return, distributions reinvestedIBIT+6.3%XBCI+3.7%2.5 pts behind IBIT
XBTY11.8 pts behind IBIT · 1 year to Sep 18, 2026
IBIT−31.1%XBTY−42.9%11.8 pts behind IBITTotal return, distributions reinvestedIBIT−31.1%XBTY−42.9%11.8 pts behind IBIT

What they hold in common

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

Only in each
Only in XBCIOnly in XBTY
United States Treasury Bill 11/03/2026 46.10%Treasury Bill 62.54%
CBTX US 10/16/26 C1390 36.52%Treasury Bill 37.46%
iShares Bitcoin Trust ETF 19.12%
CBTX US 10/16/26 P1390 -0.29%
CBTX US 10/16/26 C2060 -0.54%
CBTX US 10/16/26 C1980 -0.92%

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 21, 2026.

Performance, window by window

XBCI and XBTY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
XBCIXBTYXBCIXBTYXBCIXBTY
3 months+32.2%+6.9%10.1%8.4%+3.0 pts−22.3 pts
6 months+14.7%−1.3%18.0%23.0%−1.0 pts−17.1 pts
1 yearnot published−42.9%not published37.4%not published−11.8 pts
Since launch+3.7%−34.0%21.3%60.0%−2.5 pts−11.1 pts
Open the live comparison on ETFIQ
XBCI and XBTY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
XBCI
NEOS Boosted Bitcoin High Income ETF
Option income on IBIT, paying monthly
XBTY
GraniteShares YieldBOOST Bitcoin ETF
Synthetic covered call on IBIT, paying weekly
IssuerNEOSGraniteShares
Strategyoption incomesynthetic covered call
BenchmarkBitcoin (IBIT)Bitcoin (IBIT)
Paysmonthlyweekly
Payout rate, annualized38.0%29.8%
Expense ratio0.98%1.15%
Cash paid, 1 year21.3% (since launch on Feb 3, 2026)37.4%
Price change, 1 year−20.3%−74.1%
Total return, 1 year+3.7% (since launch on Feb 3, 2026)−42.9%
Benchmark return, 1 year+6.3%−31.1%
Ahead or behind−2.5 pts−11.8 pts
Return of capital, latest estimate95%92%
Age227 days493 days
Net assets$179m$10m

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).

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, XBCI or XBTY?
XBCI charges 0.98% a year and XBTY charges 1.15%, so XBCI 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.

XBCI against XBTY, 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, XBCI against XBTY, data as of Sep 18, 2026. https://etfiq.com/compare/income/xbci-vs-xbty Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources