ETF Comparison
MSTY vs BTCI: Which Is the Better Pick in 2026?
A head-to-head comparison of YieldMax MSTR Option Income Strategy ETF and NEOS Bitcoin High Income ETF covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| MSTY | BTCI | |
|---|---|---|
| Full name | YieldMax MSTR Option Income Strategy ETF | NEOS Bitcoin High Income ETF |
| Issuer | YieldMax | NEOS |
| Price | $20.69 | $32.81 |
| Distribution yield | 299.60% | 27.80% |
| Expense ratio | 1.03% | 0.98% |
| AUM | $1.0B | $834M |
| Distribution frequency | Weekly | Monthly |
| Underlying index | Strategy (MSTR) | Bitcoin ETPs |
| Objective | Covered Call | Seeks to generate high monthly income with potential appreciation through bitcoin exposure. |
| Asset class | Equity | Equity |
| Inception date | 07/18/2023 | 10/16/2024 |
| Beta | 0.0 | — |
| Last dividend | $0.31 | $0.78 |
| Ex-dividend date | 04/02/2026 | 03/18/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
MSTY (YieldMax MSTR Option Income Strategy ETF) and BTCI (NEOS Bitcoin High Income ETF) are both popular weekly-pay covered call ETFs, but they take different approaches.
MSTY offers the higher yield at 299.60% vs 27.80% for BTCI. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
BTCI is cheaper with an expense ratio of 0.98% compared to 1.03%.
They track different benchmarks: MSTY is linked to Strategy (MSTR) while BTCI tracks Bitcoin ETPs, which means their performance drivers differ.
MSTY is the larger fund by assets ($1.0B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, MSTY would generate roughly $2,496.67/month while BTCI would produce $231.67/month at current distribution rates. Both pay weekly distributions.
Cost & efficiency
Over 10 years on $10,000, MSTY would cost approximately $1,030 in fees vs $980 for BTCI (simplified, not compounded). The $50.00 difference may be offset by yield or performance.
Strategy & risk
MSTY tracks Strategy (MSTR) with a covered call approach, while BTCI tracks Bitcoin ETPs using a seeks to generate high monthly income with potential appreciation through bitcoin exposure. strategy.
Fund details
MSTY is managed by YieldMax (launched 07/18/2023) with $1.0B in assets. BTCI is managed by NEOS (launched 10/16/2024) with $834M in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is MSTY or BTCI better for dividend income?
It depends on your goals. MSTY currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between MSTY and BTCI?
MSTY (YieldMax MSTR Option Income Strategy ETF) tracks Strategy (MSTR) with a covered call strategy, while BTCI (NEOS Bitcoin High Income ETF) tracks Bitcoin ETPs with a seeks to generate high monthly income with potential appreciation through bitcoin exposure. approach. They are issued by YieldMax and NEOS respectively.
Can I hold both MSTY and BTCI?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, MSTY or BTCI?
MSTY has an expense ratio of 1.03% while BTCI charges 0.98%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in MSTY vs BTCI generate?
At current yields, $10,000 in MSTY would generate roughly $2,496.67 per month ($29,960.00 annually). The same in BTCI would produce about $231.67 per month ($2,780.00 annually).
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