ILS vs. BTCI

Last updated Aug 2, 2026

ILS (Brookmont Catastrophic Bond ETF) and BTCI (NEOS Bitcoin High Income ETF) are both exchange-traded funds - ILS is a Nontraditional Bonds fund actively managed by Brookmont, while BTCI is a Cryptocurrency fund actively managed by Neos. Both are actively managed. Over the past year, ILS returned 7.73% vs -40.21% for BTCI. Their -0.13 correlation means they have often moved in opposite directions in the past. ILS charges 1.58%/yr vs 0.99%/yr for BTCI.

Performance

ILS vs. BTCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Brookmont Catastrophic Bond ETF (ILS) and NEOS Bitcoin High Income ETF (BTCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ILS achieves a 3.50% return, which is significantly higher than BTCI's -25.73% return.

ILS

• 1D: 0.05%
• 1M: 0.94%
• 6M: 3.09%
• YTD: 3.50%
• 1Y: 7.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.33%

BTCI

• 1D: -2.39%
• 1M: 2.51%
• 6M: -23.02%
• YTD: -25.73%
• 1Y: -40.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -4.18%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BTCI NEOS Bitcoin High Income ETF	$12.53M	$12.80M	$22.67M
ILS Brookmont Catastrophic Bond ETF	$399.48K	$496.64K	$647.74K

ILS vs. BTCI - Yearly Performance Comparison

	2026 (YTD)	2025
ILS Brookmont Catastrophic Bond ETF	3.50%	3.54%
BTCI NEOS Bitcoin High Income ETF	-25.73%	8.52%

Correlation

The correlation between ILS and BTCI is -0.11, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.11
Correlation (All Time) Calculated using the full available price history since Apr 1, 2025	-0.13

Return for Risk

ILS vs. BTCI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ILS

ILS Risk / Return Rank: 98
ILS Sharpe Ratio Rank: 97
ILS Sortino Ratio Rank: 97
ILS Omega Ratio Rank: 97
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 98

BTCI

BTCI Risk / Return Rank: 1
BTCI Sharpe Ratio Rank: 1
BTCI Sortino Ratio Rank: 2
BTCI Omega Ratio Rank: 2
BTCI Calmar Ratio Rank: 2
BTCI Martin Ratio Rank: 1

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ILS vs. BTCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brookmont Catastrophic Bond ETF (ILS) 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.

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.

	ILS	BTCI	Difference
Sharpe ratio: Return per unit of total volatility	3.18	-1.05	+4.22
Sortino ratio: Return per unit of downside risk	5.29	-1.53	+6.82
Omega ratio: Gain probability vs. loss probability	1.74	0.83	+0.91
Calmar ratio: Return relative to maximum drawdown	14.14	-0.87	+15.01
Martin ratio: Return relative to average drawdown	53.08	-1.36	+54.44

ILS vs. BTCI - Sharpe Ratio Comparison

The current ILS Sharpe Ratio is 3.18, which is higher than the BTCI Sharpe Ratio of -1.05. The chart below compares the historical Sharpe Ratios of ILS and BTCI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ILS vs. BTCI - Drawdown Comparison

The maximum ILS drawdown since its inception was -2.46%, smaller than the maximum BTCI drawdown of -48.42%. Use the drawdown chart below to compare losses from any high point for ILS and BTCI.

Drawdown Indicators

	ILS	BTCI	Difference
Max Drawdown Largest peak-to-trough decline	-2.46%	-48.42%	+45.96%
Max Drawdown (1Y) Largest decline over 1 year	-0.55%	-48.42%	+47.87%
Current Drawdown Current decline from peak	0.00%	-45.08%	+45.08%
Average Drawdown Average peak-to-trough decline	-0.50%	-17.81%	+17.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.15%	30.79%	-30.64%

Volatility

ILS vs. BTCI - Volatility Comparison

The current volatility for Brookmont Catastrophic Bond ETF (ILS) is 0.42%, while NEOS Bitcoin High Income ETF (BTCI) has a volatility of 7.31%. This indicates that ILS 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

	ILS	BTCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.42%	7.31%	-6.89%
Volatility (6M) Calculated over the trailing 6-month period	1.47%	30.70%	-29.23%
Volatility (1Y) Calculated over the trailing 1-year period	2.46%	40.00%	-37.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.65%	39.67%	-36.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.65%	39.67%	-36.02%

ILS vs. BTCI - Expense Ratio Comparison

ILS has a 1.58% expense ratio, which is higher than BTCI's 0.99% expense ratio.

Dividends

ILS vs. BTCI - Dividend Comparison

ILS's dividend yield for the trailing twelve months is around 8.14%, less than BTCI's 41.26% yield.

Position	TTM	2025	2024
BTCI NEOS Bitcoin High Income ETF	41.26%	36.46%	6.76%
ILS Brookmont Catastrophic Bond ETF	8.14%	6.06%	0.00%

Frequently Asked Questions

Can I hold both ILS and BTCI in my portfolio?

ILS and BTCI have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ILS or BTCI?

BTCI has higher volatility (7.31%) compared to ILS (0.42%). In terms of maximum drawdown, ILS dropped -2.46% vs BTCI's -48.42%.

Which ETF is better, ILS or BTCI?

On 1-year performance, ILS leads with 7.73% vs -40.21% for BTCI. On fees, BTCI is cheaper at 0.99% per year. On volatility, ILS has been the lower-risk option at 0.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ILS or BTCI?

Over the 1-year period, ILS has performed better with a 7.73% return vs -40.21%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ILS or BTCI?

BTCI is cheaper with a 0.99% expense ratio, compared with 1.58% for ILS.

Which ETF pays a higher dividend yield, ILS or BTCI?

BTCI has the higher dividend yield at 41.26%, compared with 8.14% for ILS.

What is the main difference between ILS and BTCI?

ILS is categorized as Nontraditional Bonds, while BTCI is Cryptocurrency. They also come from different issuers: Brookmont and Neos. Their fees differ too: 1.58% for ILS and 0.99% for BTCI.

Which has better risk-adjusted returns?

ILS currently has the higher Sharpe Ratio (3.18 vs -1.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.