BPI vs. FINY

Last updated Jul 21, 2026

BPI (Grayscale Bitcoin Premium Income ETF) and FINY (GraniteShares YieldBOOST Financials ETF) are both Derivative Income funds. Both are actively managed. At a 0.16 correlation, their price movements are largely independent. BPI charges 0.65%/yr vs 1.07%/yr for FINY.

Performance

BPI vs. FINY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Grayscale Bitcoin Premium Income ETF (BPI) and GraniteShares YieldBOOST Financials ETF (FINY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BPI

• 1D: 1.29%
• 1M: 3.45%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FINY

• 1D: 0.12%
• 1M: 2.62%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

BPI vs. FINY - Yearly Performance Comparison

	2026 (YTD)
BPI Grayscale Bitcoin Premium Income ETF	-17.38%
FINY GraniteShares YieldBOOST Financials ETF	6.58%

Correlation

The correlation between BPI and FINY is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 5, 2026	0.16

Return for Risk

BPI vs. FINY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Grayscale Bitcoin Premium Income ETF (BPI) and GraniteShares YieldBOOST Financials ETF (FINY). 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.

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

Drawdowns

BPI vs. FINY - Drawdown Comparison

The maximum BPI drawdown since its inception was -27.02%, which is greater than FINY's maximum drawdown of -1.85%. Use the drawdown chart below to compare losses from any high point for BPI and FINY.

Drawdown Indicators

	BPI	FINY	Difference
Max Drawdown Largest peak-to-trough decline	-27.02%	-1.85%	-25.17%
Current Drawdown Current decline from peak	-19.49%	0.00%	-19.49%
Average Drawdown Average peak-to-trough decline	-14.74%	-0.10%	-14.64%

Volatility

Volatility by Period

	BPI	FINY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	36.81%	6.58%	+30.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.81%	6.58%	+30.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.81%	6.58%	+30.23%

BPI vs. FINY - Expense Ratio Comparison

BPI has a 0.65% expense ratio, which is lower than FINY's 1.07% expense ratio.

Dividends

BPI vs. FINY - Dividend Comparison

BPI's dividend yield for the trailing twelve months is around 4.12%, less than FINY's 5.09% yield.

Position	TTM
BPI Grayscale Bitcoin Premium Income ETF	4.12%
FINY GraniteShares YieldBOOST Financials ETF	5.09%

Frequently Asked Questions

Can I hold both BPI and FINY in my portfolio?

BPI and FINY have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BPI or FINY?

On fees, BPI is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BPI or FINY?

BPI is cheaper with a 0.65% expense ratio, compared with 1.07% for FINY.

Which ETF pays a higher dividend yield, BPI or FINY?

FINY has the higher dividend yield at 5.09%, compared with 4.12% for BPI.

What is the main difference between BPI and FINY?

They also come from different issuers: Grayscale and GraniteShares. Their fees differ too: 0.65% for BPI and 1.07% for FINY.