BSOL vs. BTCI

Last updated Jun 24, 2026

BSOL (Bitwise Solana Staking ETF) and BTCI (NEOS Bitcoin High Income ETF) are both Cryptocurrency funds. BSOL is passively managed, while BTCI is actively managed. Their correlation of 0.89 suggests significant overlap in exposure. BSOL charges 0.20%/yr vs 0.99%/yr for BTCI.

Performance

BSOL vs. BTCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Solana Staking ETF (BSOL) 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, BSOL achieves a -43.17% return, which is significantly lower than BTCI's -26.19% return.

BSOL

• 1D: -5.48%
• 1M: -18.32%
• YTD: -43.17%
• 6M: -43.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTCI

• 1D: -3.23%
• 1M: -17.15%
• YTD: -26.19%
• 6M: -26.22%
• 1Y: -35.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSOL vs. BTCI - Yearly Performance Comparison

	2026 (YTD)	2025
BSOL Bitwise Solana Staking ETF	-43.17%	-38.11%
BTCI NEOS Bitcoin High Income ETF	-26.19%	-21.37%

Correlation

The correlation between BSOL and BTCI is 0.89, 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 Oct 28, 2025	0.89

Return for Risk

BSOL vs. BTCI — Risk / Return Rank

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

BSOL

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

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: 3
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.

BSOL vs. BTCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Solana Staking ETF (BSOL) 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.

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.

	BSOL	BTCI	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.89	—
Sortino ratio: Return per unit of downside risk	—	-1.19	—
Omega ratio: Gain probability vs. loss probability	—	0.86	—
Calmar ratio: Return relative to maximum drawdown	—	-0.75	—
Martin ratio: Return relative to average drawdown	—	-1.30	—

Drawdowns

BSOL vs. BTCI - Drawdown Comparison

The maximum BSOL drawdown since its inception was -67.62%, which is greater than BTCI's maximum drawdown of -47.16%. Use the drawdown chart below to compare losses from any high point for BSOL and BTCI.

Drawdown Indicators

	BSOL	BTCI	Difference
Max Drawdown Largest peak-to-trough decline	-67.62%	-47.16%	-20.46%
Max Drawdown (1Y) Largest decline over 1 year	—	-47.16%	—
Current Drawdown Current decline from peak	-64.83%	-45.42%	-19.41%
Average Drawdown Average peak-to-trough decline	-46.95%	-16.05%	-30.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.00%	—

Volatility

Volatility by Period

	BSOL	BTCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.38%	—
Volatility (1Y) Calculated over the trailing 1-year period	76.29%	39.73%	+36.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	76.29%	40.33%	+35.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	76.29%	40.33%	+35.96%

BSOL vs. BTCI - Expense Ratio Comparison

BSOL has a 0.20% expense ratio, which is lower than BTCI's 0.99% expense ratio.

Dividends

BSOL vs. BTCI - Dividend Comparison

BSOL has not paid dividends to shareholders, while BTCI's dividend yield for the trailing twelve months is around 48.44%.

Position	TTM	2025	2024
BSOL Bitwise Solana Staking ETF	0.00%	0.00%	0.00%
BTCI NEOS Bitcoin High Income ETF	48.44%	36.46%	6.76%

Frequently Asked Questions

Can I hold both BSOL and BTCI in my portfolio?

BSOL and BTCI have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSOL or BTCI?

On fees, BSOL is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSOL or BTCI?

BSOL is cheaper with a 0.20% expense ratio, compared with 0.99% for BTCI.

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

BTCI has the higher dividend yield at 48.44%, compared with 0.00% for BSOL.

What is the main difference between BSOL and BTCI?

They also come from different issuers: Bitwise and Neos. Their fees differ too: 0.20% for BSOL and 0.99% for BTCI.