BCCC vs. QQQI

Last updated Aug 1, 2026

BCCC (Global X Bitcoin Covered Call ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - BCCC is a Cryptocurrency fund actively managed by Global X, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. Over the past year, BCCC returned -33.62% vs 17.94% for QQQI. Their 0.48 correlation means their historical movements had little consistent relationship. BCCC charges 0.75%/yr vs 0.68%/yr for QQQI.

Performance

BCCC vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Bitcoin Covered Call ETF (BCCC) and NEOS Nasdaq-100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCCC achieves a -21.48% return, which is significantly lower than QQQI's 6.90% return.

BCCC

• 1D: -1.97%
• 1M: 3.84%
• 6M: -17.95%
• YTD: -21.48%
• 1Y: -33.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -23.83%

QQQI

• 1D: 0.68%
• 1M: -3.08%
• 6M: 5.69%
• YTD: 6.90%
• 1Y: 17.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.07%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BCCC Global X Bitcoin Covered Call ETF	$106.40K	$112.45K	$168.80K
QQQI NEOS Nasdaq-100 High Income ETF	$341.25M	$334.46M	$358.36M

BCCC vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025
BCCC Global X Bitcoin Covered Call ETF	-21.48%	-7.02%
QQQI NEOS Nasdaq-100 High Income ETF	6.90%	14.97%

Correlation

The correlation between BCCC and QQQI is 0.49, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.49
Correlation (All Time) Calculated using the full available price history since Jun 4, 2025	0.48

Return for Risk

BCCC vs. QQQI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BCCC

BCCC Risk / Return Rank: 2
BCCC Sharpe Ratio Rank: 2
BCCC Sortino Ratio Rank: 2
BCCC Omega Ratio Rank: 2
BCCC Calmar Ratio Rank: 2
BCCC Martin Ratio Rank: 2

QQQI

QQQI Risk / Return Rank: 43
QQQI Sharpe Ratio Rank: 40
QQQI Sortino Ratio Rank: 38
QQQI Omega Ratio Rank: 39
QQQI Calmar Ratio Rank: 47
QQQI Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BCCC vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Bitcoin Covered Call ETF (BCCC) and NEOS Nasdaq-100 High Income ETF (QQQI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BCCC	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	-0.96	0.98	-1.94
Sortino ratio: Return per unit of downside risk	-1.28	1.42	-2.69
Omega ratio: Gain probability vs. loss probability	0.84	1.18	-0.34
Calmar ratio: Return relative to maximum drawdown	-0.82	1.67	-2.49
Martin ratio: Return relative to average drawdown	-1.31	6.03	-7.33

BCCC vs. QQQI - Sharpe Ratio Comparison

The current BCCC Sharpe Ratio is -0.96, which is lower than the QQQI Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of BCCC and QQQI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BCCC vs. QQQI - Drawdown Comparison

The maximum BCCC drawdown since its inception was -41.79%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for BCCC and QQQI.

Drawdown Indicators

	BCCC	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-41.79%	-20.00%	-21.79%
Max Drawdown (1Y) Largest decline over 1 year	-41.79%	-9.61%	-32.18%
Current Drawdown Current decline from peak	-37.24%	-5.92%	-31.32%
Average Drawdown Average peak-to-trough decline	-19.75%	-2.27%	-17.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.06%	2.67%	+23.39%

Volatility

BCCC vs. QQQI - Volatility Comparison

Global X Bitcoin Covered Call ETF (BCCC) and NEOS Nasdaq-100 High Income ETF (QQQI) have volatilities of 6.30% and 6.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCCC	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.30%	6.53%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	28.44%	13.66%	+14.78%
Volatility (1Y) Calculated over the trailing 1-year period	35.68%	16.35%	+19.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.23%	17.75%	+16.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.23%	17.75%	+16.48%

BCCC vs. QQQI - Expense Ratio Comparison

BCCC has a 0.75% expense ratio, which is higher than QQQI's 0.68% expense ratio.

Dividends

BCCC vs. QQQI - Dividend Comparison

BCCC's dividend yield for the trailing twelve months is around 59.09%, more than QQQI's 14.38% yield.

Position	TTM	2025	2024
BCCC Global X Bitcoin Covered Call ETF	59.09%	29.55%	0.00%
QQQI NEOS Nasdaq-100 High Income ETF	14.38%	13.82%	12.85%

Frequently Asked Questions

Can I hold both BCCC and QQQI in my portfolio?

BCCC and QQQI have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BCCC or QQQI?

QQQI has higher volatility (6.53%) compared to BCCC (6.30%). In terms of maximum drawdown, BCCC dropped -41.79% vs QQQI's -20.00%.

Which ETF is better, BCCC or QQQI?

On 1-year performance, QQQI leads with 17.94% vs -33.62% for BCCC. On fees, QQQI is cheaper at 0.68% per year. On volatility, BCCC has been the lower-risk option at 6.30%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BCCC or QQQI?

Over the 1-year period, QQQI has performed better with a 17.94% return vs -33.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BCCC or QQQI?

QQQI is cheaper with a 0.68% expense ratio, compared with 0.75% for BCCC.

Which ETF pays a higher dividend yield, BCCC or QQQI?

BCCC has the higher dividend yield at 59.09%, compared with 14.38% for QQQI.

What is the main difference between BCCC and QQQI?

BCCC is categorized as Cryptocurrency, while QQQI is Nasdaq-100. They also come from different issuers: Global X and Neos. Their fees differ too: 0.75% for BCCC and 0.68% for QQQI.

Which has better risk-adjusted returns?

QQQI currently has the higher Sharpe Ratio (0.98 vs -0.96), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.