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ETF Comparison

BTCI vs STRC: Which Is the Better Pick in 2026?

A head-to-head comparison of NEOS Bitcoin High Income ETF and STRC – Short Duration, High Yield Credit covering yield, cost, risk, and income potential.

Data updated April 5, 2026

Side-by-side snapshot

BTCISTRC
Full nameNEOS Bitcoin High Income ETFSTRC – Short Duration, High Yield Credit
IssuerNEOSStrategy
Price$32.81$100.00
Distribution yield27.80%11.50%
Expense ratio0.98%
AUM$834M
Distribution frequencyMonthlyMonthly
Underlying indexBitcoin ETPsPreferred equity security issued by MicroStrategy Incorporated.
ObjectiveSeeks to generate high monthly income with potential appreciation through bitcoin exposure.Stretch (STRC) is Strategy’s perpetual preferred stock that currently pays 10.50% annual dividends, payable monthly in cash. STRC’s dividend rate is adjusted monthly to encourage trading around STRC’s $100 par value and to help strip away price volatility
Asset classEquityEquity
Inception date10/16/202407/30/2025
Beta
Last dividend$0.78$0.96
Ex-dividend date03/18/202603/13/2026

Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

BTCI (NEOS Bitcoin High Income ETF) and STRC (STRC – Short Duration, High Yield Credit) are both popular monthly-pay seeks to generate high monthly income with potential appreciation through bitcoin exposure. ETFs, but they take different approaches.

BTCI offers the higher yield at 27.80% vs 11.50% for STRC. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

STRC is cheaper with an expense ratio of compared to 0.98%.

They track different benchmarks: BTCI is linked to Bitcoin ETPs while STRC tracks Preferred equity security issued by MicroStrategy Incorporated., which means their performance drivers differ.

BTCI is the larger fund by assets ($834M), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, BTCI would generate roughly $231.67/month while STRC would produce $95.83/month at current distribution rates. Both pay monthly distributions.

BTCI yield27.80%
STRC yield11.50%
Monthly diff on $10K$135.83

Cost & efficiency

Over 10 years on $10,000, BTCI would cost approximately $980 in fees vs $0 for STRC (simplified, not compounded). The $980.00 difference may be offset by yield or performance.

BTCI ER0.98%
STRC ER

Strategy & risk

BTCI tracks Bitcoin ETPs with a seeks to generate high monthly income with potential appreciation through bitcoin exposure. approach, while STRC tracks Preferred equity security issued by MicroStrategy Incorporated. using a stretch (strc) is strategy’s perpetual preferred stock that currently pays 10.50% annual dividends, payable monthly in cash. strc’s dividend rate is adjusted monthly to encourage trading around strc’s $100 par value and to help strip away price volatility strategy.

BTCI beta
STRC beta

Fund details

BTCI is managed by NEOS (launched 10/16/2024) with $834M in assets. STRC is managed by Strategy (launched 07/30/2025) with — in assets.

BTCI AUM$834M
STRC AUM

Income calculator

See how much monthly income a hypothetical investment would generate in each ETF at current yields.

Frequently asked questions

Is BTCI or STRC better for dividend income?

It depends on your goals. BTCI 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 BTCI and STRC?

BTCI (NEOS Bitcoin High Income ETF) tracks Bitcoin ETPs with a seeks to generate high monthly income with potential appreciation through bitcoin exposure. strategy, while STRC (STRC – Short Duration, High Yield Credit) tracks Preferred equity security issued by MicroStrategy Incorporated. with a stretch (strc) is strategy’s perpetual preferred stock that currently pays 10.50% annual dividends, payable monthly in cash. strc’s dividend rate is adjusted monthly to encourage trading around strc’s $100 par value and to help strip away price volatility approach. They are issued by NEOS and Strategy respectively.

Can I hold both BTCI and STRC?

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, BTCI or STRC?

BTCI has an expense ratio of 0.98% while STRC charges —. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in BTCI vs STRC generate?

At current yields, $10,000 in BTCI would generate roughly $231.67 per month ($2,780.00 annually). The same in STRC would produce about $95.83 per month ($1,150.00 annually).

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