BFJL vs. BTCI

Last updated Jun 4, 2026

BFJL (FT Vest Bitcoin Strategy Floor15 ETF - July) and BTCI (NEOS Bitcoin High Income ETF) are both exchange-traded funds - BFJL is a Defined Outcome fund managed by First Trust, while BTCI is a Cryptocurrency fund actively managed by Neos. Their correlation of 0.92 suggests significant overlap in exposure. BFJL charges 0.90%/yr vs 0.99%/yr for BTCI.

Performance

BFJL vs. BTCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) and NEOS Bitcoin High Income ETF (BTCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BFJL achieves a -7.67% return, which is significantly higher than BTCI's -22.74% return.

BFJL

• 1D: 0.09%
• 1M: -1.12%
• YTD: -7.67%
• 6M: -10.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTCI

• 1D: -2.56%
• 1M: -16.29%
• YTD: -22.74%
• 6M: -26.41%
• 1Y: -33.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BFJL vs. BTCI - Yearly Performance Comparison

	2026 (YTD)	2025
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	-7.67%	-7.43%
BTCI NEOS Bitcoin High Income ETF	-22.74%	-13.98%

Correlation

The correlation between BFJL and BTCI is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 2, 2025	0.92

Return for Risk

BFJL vs. BTCI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BTCI

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BFJL vs. BTCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) and NEOS Bitcoin High Income ETF (BTCI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BFJL	BTCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.14	-0.03	-1.11

Drawdowns

BFJL vs. BTCI - Drawdown Comparison

The maximum BFJL drawdown since its inception was -21.27%, smaller than the maximum BTCI drawdown of -44.98%. Use the drawdown chart below to compare losses from any high point for BFJL and BTCI.

Drawdown Indicators

	BFJL	BTCI	Difference
Max Drawdown Largest peak-to-trough decline	-21.27%	-44.98%	+23.71%
Max Drawdown (1Y) Largest decline over 1 year	—	-44.98%	—
Current Drawdown Current decline from peak	-21.20%	-42.87%	+21.67%
Average Drawdown Average peak-to-trough decline	-11.76%	-15.18%	+3.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	25.05%	—

Volatility

Volatility by Period

	BFJL	BTCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	30.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.76%	38.93%	-25.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.76%	40.11%	-26.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.76%	40.11%	-26.35%

BFJL vs. BTCI - Expense Ratio Comparison

BFJL has a 0.90% expense ratio, which is lower than BTCI's 0.99% expense ratio.

Dividends

BFJL vs. BTCI - Dividend Comparison

BFJL's dividend yield for the trailing twelve months is around 1.46%, less than BTCI's 43.16% yield.

Position	TTM	2025	2024
BFJL FT Vest Bitcoin Strategy Floor15 ETF - July	1.46%	1.35%	0.00%
BTCI NEOS Bitcoin High Income ETF	43.16%	36.46%	6.76%

Frequently Asked Questions

Can I hold both BFJL and BTCI in my portfolio?

With a correlation of 0.92, BFJL and BTCI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BFJL or BTCI?

On fees, BFJL is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BFJL or BTCI?

BFJL is cheaper with a 0.90% expense ratio, compared with 0.99% for BTCI.

Which ETF pays a higher dividend yield, BFJL or BTCI?

BTCI has the higher dividend yield at 43.16%, compared with 1.46% for BFJL.

What is the main difference between BFJL and BTCI?

BFJL is categorized as Defined Outcome, while BTCI is Cryptocurrency. They also come from different issuers: First Trust and Neos. Their fees differ too: 0.90% for BFJL and 0.99% for BTCI.