HBIX.NEO vs. BCCL.NEO

Last updated Apr 2, 2026

Compare and contrast key facts about Harvest Bitcoin Enhanced Income ETF (HBIX.NEO) and Global X Enhanced Bitcoin Covered Call ETF (BCCL.NEO).

HBIX.NEO and BCCL.NEO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HBIX.NEO is an actively managed fund by Harvest. It was launched on Apr 28, 2025. BCCL.NEO is an actively managed fund by Global X. It was launched on Apr 21, 2025.

Performance

HBIX.NEO vs. BCCL.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Harvest Bitcoin Enhanced Income ETF (HBIX.NEO) and Global X Enhanced Bitcoin Covered Call ETF (BCCL.NEO). The values are adjusted to include any dividend payments, if applicable.

HBIX.NEO vs. BCCL.NEO - Yearly Performance Comparison

	2026 (YTD)	2025
HBIX.NEO Harvest Bitcoin Enhanced Income ETF	-24.07%	-6.82%
BCCL.NEO Global X Enhanced Bitcoin Covered Call ETF	-29.35%	-17.22%

Returns By Period

In the year-to-date period, HBIX.NEO achieves a -24.07% return, which is significantly higher than BCCL.NEO's -29.35% return.

HBIX.NEO

• 1D: 0.15%
• 1M: 1.72%
• YTD: -24.07%
• 6M: -46.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BCCL.NEO

• 1D: 0.35%
• 1M: -0.26%
• YTD: -29.35%
• 6M: -51.34%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HBIX.NEO vs. BCCL.NEO - Expense Ratio Comparison

HBIX.NEO

Harvest Bitcoin Enhanced Income ETF

Return for Risk

HBIX.NEO vs. BCCL.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Harvest Bitcoin Enhanced Income ETF (HBIX.NEO) and Global X Enhanced Bitcoin Covered Call ETF (BCCL.NEO). 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.

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

Sharpe Ratios by Period

	HBIX.NEO	BCCL.NEO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	-0.87	+0.28

Correlation

The correlation between HBIX.NEO and BCCL.NEO is 0.90, 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.

Dividends

HBIX.NEO vs. BCCL.NEO - Dividend Comparison

HBIX.NEO's dividend yield for the trailing twelve months is around 37.84%, while BCCL.NEO has not paid dividends to shareholders.

	TTM	2025
HBIX.NEO Harvest Bitcoin Enhanced Income ETF	37.84%	20.21%
BCCL.NEO Global X Enhanced Bitcoin Covered Call ETF	0.00%	0.00%

Drawdowns

HBIX.NEO vs. BCCL.NEO - Drawdown Comparison

The maximum HBIX.NEO drawdown since its inception was -55.90%, roughly equal to the maximum BCCL.NEO drawdown of -57.91%. Use the drawdown chart below to compare losses from any high point for HBIX.NEO and BCCL.NEO.

Drawdown Indicators

	HBIX.NEO	BCCL.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-55.90%	-57.91%	+2.01%
Current Drawdown Current decline from peak	-49.72%	-54.53%	+4.81%
Average Drawdown Average peak-to-trough decline	-19.91%	-20.93%	+1.02%

Volatility

Volatility by Period

	HBIX.NEO	BCCL.NEO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	52.86%	50.82%	+2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.86%	50.82%	+2.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.86%	50.82%	+2.04%