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ETF Comparison

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

A head-to-head comparison of NEOS Bitcoin High Income ETF and NEOS Boosted Bitcoin High Income ETF covering yield, cost, risk, and income potential.

Data updated August 5, 2026

Best for

  • BTCIInvestors who want crypto exposure that pays you along the way, not just price gains.
  • XBCIInvestors who want to maximize current income — roughly 38.74%, generated by selling options premium.

Jump to the side-by-side numbers

ETFs19
Total AUM$30.6B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

NEOS is known for developing specialized income-focused ETFs that employ strategies like covered calls, hedging, and enhanced yields across various asset classes. The firm manages 19 funds organized into nine distinct families, including offerings in equity high income, fixed income enhancement, digital assets, and alternative strategies, with popular tickers like SPYI (S&P 500 covered call), QQQI (Nasdaq-100 covered call), and QQQH (Nasdaq-100 hedged equity income). NEOS distinguishes itself in the ETF landscape through its emphasis on income generation and downside protection strategies rather than traditional growth approaches.

See our curated list of related YouTube videos on BTCI and XBCI.

Side-by-side snapshot

BTCIXBCI
Full nameNEOS Bitcoin High Income ETFNEOS Boosted Bitcoin High Income ETF
IssuerNEOSNEOS
Last Close$28.71 as of August 5, 2026$31.77 as of August 5, 2026
Distribution yield27.00%38.74%
Distribution Safety Score™ 4632
Expense ratio0.98%0.98%
AUM$1.09B$107M
Distribution frequencyMonthlyMonthly
Underlying indexBitcoin ETPsBitcoin
ObjectiveSeeks to generate high monthly income with potential appreciation through bitcoin exposure.“The NEOS Boosted Bitcoin High Income ETF (the ‘Fund’) seeks to boost performance by generating high monthly income with the potential for appreciation based on exposure to exchange‑traded products (‘ETPs’) that have direct exposure to Bitcoin.”
Asset classEquityEquity
Inception date10/16/202402/03/2026
Beta1.6764
Last dividend$0.6460$1.0257
Ex-dividend date07/22/202608/05/2026

Bottom lineChoose BTCI if you want crypto exposure that pays you along the way, not just price gains. Choose XBCI if you want to maximize current income — roughly 38.74%, generated by selling options premium. There's no free lunch: XBCI's payout comes from selling options, which caps upside and can erode the share price over time, while BTCI keeps full price exposure.

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Visual comparison

Key metrics

Projected income on $10K

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

Total returns

BTCI has lagged XBCI over the year to date, posting a -25.28% total return against -21.64%. BTCI has been the steadier holding, though — annualized volatility of 42.7% against 63.0% for XBCI. Figures are total returns: price change plus every distribution reinvested.

SymbolYTDSince Feb 2026Volatility Sharpe Sortino Max drawdown
BTCI-25.28%-14.25%42.7%-0.83-1.11-26.1%
XBCI-21.64%-21.64%63.0%-0.85-1.13-37.3%

Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of August 5, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Feb 2026” measures every fund from February 3, 2026 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the shared window since Feb 2026. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the shared window since Feb 2026) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.

Quick verdict

BTCI (NEOS Bitcoin High Income ETF) and XBCI (NEOS Boosted Bitcoin High Income ETF) are both monthly-pay dividend ETFs, but they take different approaches.

XBCI offers the higher yield at 38.74% vs 27.00% for BTCI. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

They track different benchmarks: BTCI is linked to Bitcoin ETPs while XBCI tracks Bitcoin, which means their performance drivers differ.

BTCI is the larger fund by assets ($1.09B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, BTCI would generate roughly $225.00/month, while XBCI would produce $322.83/month, at current distribution rates. Both pay monthly distributions.

BTCI yield27.00%
XBCI yield38.74%
Monthly diff on $10K$97.83

Cost & efficiency

Over 10 years on $10,000, BTCI would cost approximately $980 in fees vs $980 for XBCI (simplified, not compounded). Both charge the same expense ratio.

BTCI ER0.98%
XBCI ER0.98%

Strategy & risk

BTCI tracks Bitcoin ETPs with a crypto approach, while XBCI tracks Bitcoin with a crypto approach.

BTCI beta1.6764
XBCI beta

Fund details

BTCI is managed by NEOS (launched 10/16/2024) with $1.09B in assets. XBCI is managed by NEOS (launched 02/03/2026) with $107M in assets.

BTCI AUM$1.09B
XBCI AUM$107M

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Frequently asked questions

What is the current distribution yield for BTCI and XBCI?

BTCI currently distributes 27.00% and XBCI 38.74%, based on fund data updated August 2026. Distribution yield moves with both the payout and the share price, so check the as-of date before relying on either figure.

Is BTCI or XBCI better for dividend income?

It depends on your goals. XBCI 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 XBCI?

BTCI (NEOS Bitcoin High Income ETF) tracks Bitcoin ETPs with a crypto approach, while XBCI (NEOS Boosted Bitcoin High Income ETF) tracks Bitcoin with a crypto approach. They are issued by NEOS and NEOS respectively.

Can I hold both BTCI and XBCI?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, BTCI or XBCI?

BTCI and XBCI both charge the same expense ratio of 0.98%, so neither is cheaper on fees — pick based on yield, strategy, or underlying index instead.

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

At current rates, $10,000 in BTCI would generate roughly $225.00 per month ($2,700.00 annually). The same in XBCI would produce about $322.83 per month ($3,874.00 annually).

Which has performed better historically, BTCI or XBCI?

BTCI has lagged XBCI over the year to date, posting a -25.28% total return against -21.64%. BTCI has been the steadier holding, though — annualized volatility of 42.7% against 63.0% for XBCI. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

More comparisons to explore

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