IBIT vs. BTCI
Compare and contrast key facts about iShares Bitcoin Trust (IBIT) and NEOS Bitcoin High Income ETF (BTCI).
IBIT and BTCI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBIT is a passively managed fund by iShares that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 5, 2024. BTCI is an actively managed fund by Neos Investments. It was launched on Oct 16, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBIT or BTCI.
Correlation
The correlation between IBIT and BTCI is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IBIT vs. BTCI - Performance Comparison
Key characteristics
IBIT:
56.40%
BTCI:
42.03%
IBIT:
-27.51%
BTCI:
-10.95%
IBIT:
-11.21%
BTCI:
-7.94%
Returns By Period
In the year-to-date period, IBIT achieves a 1.64% return, which is significantly lower than BTCI's 3.49% return.
IBIT
1.64%
-9.20%
48.62%
81.43%
N/A
N/A
BTCI
3.49%
-7.51%
N/A
N/A
N/A
N/A
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IBIT vs. BTCI - Expense Ratio Comparison
IBIT has a 0.25% expense ratio, which is lower than BTCI's 0.98% expense ratio.
Risk-Adjusted Performance
IBIT vs. BTCI — Risk-Adjusted Performance Rank
IBIT
BTCI
IBIT vs. BTCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Bitcoin Trust (IBIT) 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.
Not enough dataDividends
IBIT vs. BTCI - Dividend Comparison
IBIT has not paid dividends to shareholders, while BTCI's dividend yield for the trailing twelve months is around 9.32%.
| TTM | 2024 | |
|---|---|---|
IBIT iShares Bitcoin Trust | 0.00% | 0.00% |
BTCI NEOS Bitcoin High Income ETF | 9.32% | 6.76% |
Drawdowns
IBIT vs. BTCI - Drawdown Comparison
The maximum IBIT drawdown since its inception was -27.51%, which is greater than BTCI's maximum drawdown of -10.95%. Use the drawdown chart below to compare losses from any high point for IBIT and BTCI. For additional features, visit the drawdowns tool.
Volatility
IBIT vs. BTCI - Volatility Comparison
iShares Bitcoin Trust (IBIT) has a higher volatility of 9.86% compared to NEOS Bitcoin High Income ETF (BTCI) at 8.29%. This indicates that IBIT's price experiences larger fluctuations and is considered to be riskier than BTCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.