Correlation
The correlation between BTCI and MAXI is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
BTCI vs. MAXI
Compare and contrast key facts about NEOS Bitcoin High Income ETF (BTCI) and Simplify Bitcoin Strategy PLUS Income ETF (MAXI).
BTCI and MAXI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTCI is an actively managed fund by Neos. It was launched on Oct 16, 2024. MAXI is an actively managed fund by Simplify. It was launched on Sep 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTCI or MAXI.
Performance
BTCI vs. MAXI - Performance Comparison
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Key characteristics
BTCI:
41.93%
MAXI:
73.51%
BTCI:
-24.36%
MAXI:
-52.48%
BTCI:
-3.35%
MAXI:
-12.42%
Returns By Period
In the year-to-date period, BTCI achieves a 13.23% return, which is significantly lower than MAXI's 16.35% return.
BTCI
13.23%
10.39%
9.08%
N/A
N/A
N/A
N/A
MAXI
16.35%
18.56%
6.30%
41.61%
N/A
N/A
N/A
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BTCI vs. MAXI - Expense Ratio Comparison
BTCI has a 0.98% expense ratio, which is lower than MAXI's 11.18% expense ratio.
Risk-Adjusted Performance
BTCI vs. MAXI — Risk-Adjusted Performance Rank
BTCI
MAXI
BTCI vs. MAXI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Bitcoin High Income ETF (BTCI) and Simplify Bitcoin Strategy PLUS Income ETF (MAXI). 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.
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Dividends
BTCI vs. MAXI - Dividend Comparison
BTCI's dividend yield for the trailing twelve months is around 18.77%, less than MAXI's 30.02% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
BTCI NEOS Bitcoin High Income ETF | 18.77% | 6.76% | 0.00% | 0.00% |
MAXI Simplify Bitcoin Strategy PLUS Income ETF | 30.02% | 32.06% | 29.63% | 4.05% |
Drawdowns
BTCI vs. MAXI - Drawdown Comparison
The maximum BTCI drawdown since its inception was -24.36%, smaller than the maximum MAXI drawdown of -52.48%. Use the drawdown chart below to compare losses from any high point for BTCI and MAXI.
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Volatility
BTCI vs. MAXI - Volatility Comparison
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