EDF vs. BTCI

Last updated Apr 2, 2026

Compare and contrast key facts about Virtus Stone Harbor Emerging Markets Income Fund (EDF) and NEOS Bitcoin High Income ETF (BTCI).

EDF is an actively managed fund by Virtus. It was launched on Dec 23, 2010. BTCI is an actively managed fund by Neos. It was launched on Oct 16, 2024.

Performance

EDF vs. BTCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Stone Harbor Emerging Markets Income Fund (EDF) and NEOS Bitcoin High Income ETF (BTCI). The values are adjusted to include any dividend payments, if applicable.

EDF vs. BTCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EDF Virtus Stone Harbor Emerging Markets Income Fund	2.58%	22.24%	-2.77%
BTCI NEOS Bitcoin High Income ETF	-20.86%	-1.09%	28.24%

Returns By Period

In the year-to-date period, EDF achieves a 2.58% return, which is significantly higher than BTCI's -20.86% return.

EDF

• 1D: 2.93%
• 1M: -0.94%
• YTD: 2.58%
• 6M: 4.70%
• 1Y: 14.34%
• 3Y*: 18.86%
• 5Y*: 2.85%
• 10Y*: 5.06%

BTCI

• 1D: -0.79%
• 1M: 0.07%
• YTD: -20.86%
• 6M: -40.01%
• 1Y: -17.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDF vs. BTCI - Expense Ratio Comparison

EDF has a 1.45% expense ratio, which is higher than BTCI's 0.98% expense ratio.

EDF

Virtus Stone Harbor Emerging Markets Income Fund

BTCI

NEOS Bitcoin High Income ETF

Return for Risk

EDF vs. BTCI — Risk / Return Rank

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

EDF

EDF Risk / Return Rank: 28
EDF Sharpe Ratio Rank: 31
EDF Sortino Ratio Rank: 26
EDF Omega Ratio Rank: 27
EDF Calmar Ratio Rank: 25
EDF Martin Ratio Rank: 32

BTCI

BTCI Risk / Return Rank: 6
BTCI Sharpe Ratio Rank: 5
BTCI Sortino Ratio Rank: 6
BTCI Omega Ratio Rank: 6
BTCI Calmar Ratio Rank: 6
BTCI Martin Ratio Rank: 5

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.

EDF vs. BTCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Stone Harbor Emerging Markets Income Fund (EDF) 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.

	EDF	BTCI	Difference
Sharpe ratio Return per unit of total volatility	0.80	-0.44	+1.24
Sortino ratio Return per unit of downside risk	1.11	-0.39	+1.50
Omega ratio Gain probability vs. loss probability	1.16	0.95	+0.21
Calmar ratio Return relative to maximum drawdown	0.88	-0.36	+1.24
Martin ratio Return relative to average drawdown	3.89	-0.78	+4.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDF vs. BTCI - Sharpe Ratio Comparison

The current EDF Sharpe Ratio is 0.80, which is higher than the BTCI Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of EDF and BTCI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EDF	BTCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	-0.44	+1.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	0.01	+0.09

Correlation

The correlation between EDF and BTCI is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EDF vs. BTCI - Dividend Comparison

EDF's dividend yield for the trailing twelve months is around 14.63%, less than BTCI's 43.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EDF Virtus Stone Harbor Emerging Markets Income Fund	14.63%	14.49%	15.32%	16.71%	17.31%	12.91%	16.46%	15.67%	19.37%	13.58%	14.75%	17.93%
BTCI NEOS Bitcoin High Income ETF	43.92%	36.46%	6.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

EDF vs. BTCI - Drawdown Comparison

The maximum EDF drawdown since its inception was -64.23%, which is greater than BTCI's maximum drawdown of -44.98%. Use the drawdown chart below to compare losses from any high point for EDF and BTCI.

Drawdown Indicators

	EDF	BTCI	Difference
Max Drawdown Largest peak-to-trough decline	-64.23%	-44.98%	-19.25%
Max Drawdown (1Y) Largest decline over 1 year	-13.91%	-44.98%	+31.07%
Max Drawdown (5Y) Largest decline over 5 years	-53.09%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-64.23%	—	—
Current Drawdown Current decline from peak	-15.87%	-41.48%	+25.61%
Average Drawdown Average peak-to-trough decline	-21.61%	-12.93%	-8.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	20.67%	-17.47%

Volatility

EDF vs. BTCI - Volatility Comparison

The current volatility for Virtus Stone Harbor Emerging Markets Income Fund (EDF) is 6.38%, while NEOS Bitcoin High Income ETF (BTCI) has a volatility of 8.66%. This indicates that EDF experiences smaller price fluctuations and is considered to be less risky than BTCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDF	BTCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.38%	8.66%	-2.28%
Volatility (6M) Calculated over the trailing 6-month period	10.45%	33.59%	-23.14%
Volatility (1Y) Calculated over the trailing 1-year period	18.19%	39.97%	-21.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.88%	41.30%	-15.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.66%	41.30%	-10.64%