FINY vs. BPI

Last updated Jul 22, 2026

FINY (GraniteShares YieldBOOST Financials ETF) and BPI (Grayscale Bitcoin Premium Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.17 correlation, their price movements are largely independent. FINY charges 1.07%/yr vs 0.65%/yr for BPI.

Performance

FINY vs. BPI - Performance Comparison

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

Returns By Period

FINY

• 1D: 0.26%
• 1M: 2.89%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BPI

• 1D: 1.52%
• 1M: 5.03%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

FINY vs. BPI - Yearly Performance Comparison

	2026 (YTD)
FINY GraniteShares YieldBOOST Financials ETF	6.85%
BPI Grayscale Bitcoin Premium Income ETF	-16.12%

Correlation

The correlation between FINY and BPI is 0.17, 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	0.17

Return for Risk

FINY vs. BPI - Risk-Adjusted Trends Comparison

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

FINY vs. BPI - Drawdown Comparison

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

Drawdown Indicators

	FINY	BPI	Difference
Max Drawdown Largest peak-to-trough decline	-1.85%	-27.02%	+25.17%
Current Drawdown Current decline from peak	0.00%	-18.26%	+18.26%
Average Drawdown Average peak-to-trough decline	-0.10%	-14.81%	+14.71%

Volatility

Volatility by Period

	FINY	BPI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	6.52%	36.67%	-30.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.52%	36.67%	-30.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.52%	36.67%	-30.15%

FINY vs. BPI - Expense Ratio Comparison

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

Dividends

FINY vs. BPI - Dividend Comparison

FINY's dividend yield for the trailing twelve months is around 5.08%, more than BPI's 4.05% yield.

Position	TTM
BPI Grayscale Bitcoin Premium Income ETF	4.05%
FINY GraniteShares YieldBOOST Financials ETF	5.08%

Frequently Asked Questions

Can I hold both FINY and BPI in my portfolio?

FINY and BPI have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FINY or BPI?

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, FINY or BPI?

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

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

FINY has the higher dividend yield at 5.08%, compared with 4.05% for BPI.

What is the main difference between FINY and BPI?

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