LFGY vs. BTCI

Last updated Jul 12, 2026

LFGY (YieldMax Crypto Industry & Tech Portfolio Option Income ETF) and BTCI (NEOS Bitcoin High Income ETF) are both exchange-traded funds - LFGY is a Derivative Income fund actively managed by YieldMax, while BTCI is a Cryptocurrency fund actively managed by Neos. Both are actively managed. Over the past year, LFGY returned -6.23% vs -41.02% for BTCI. A 0.72 correlation means they provide meaningful diversification when combined. LFGY charges 1.02%/yr vs 0.99%/yr for BTCI.

Performance

LFGY vs. BTCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) 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, LFGY achieves a 9.03% return, which is significantly higher than BTCI's -25.06% return.

LFGY

• 1D: -1.40%
• 1M: -5.05%
• 6M: 3.45%
• YTD: 9.03%
• 1Y: -6.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTCI

• 1D: 1.00%
• 1M: -0.69%
• 6M: -27.13%
• YTD: -25.06%
• 1Y: -41.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LFGY vs. BTCI - Yearly Performance Comparison

	2026 (YTD)	2025
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	9.03%	-9.35%
BTCI NEOS Bitcoin High Income ETF	-25.06%	-2.28%

Correlation

The correlation between LFGY and BTCI is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jan 14, 2025	0.72

The correlation between LFGY and BTCI has been stable across timeframes, ranging from 0.71 to 0.72 - a consistent structural relationship.

Return for Risk

LFGY vs. BTCI — Risk / Return Rank

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

LFGY

LFGY Risk / Return Rank: 8
LFGY Sharpe Ratio Rank: 8
LFGY Sortino Ratio Rank: 8
LFGY Omega Ratio Rank: 8
LFGY Calmar Ratio Rank: 8
LFGY Martin Ratio Rank: 7

BTCI

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

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.

LFGY vs. BTCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) 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.

	LFGY	BTCI	Difference
Sharpe ratio: Return per unit of total volatility	-0.18	-0.99	+0.81
Sortino ratio: Return per unit of downside risk	0.01	-1.40	+1.41
Omega ratio: Gain probability vs. loss probability	1.00	0.84	+0.16
Calmar ratio: Return relative to maximum drawdown	-0.20	-0.82	+0.62
Martin ratio: Return relative to average drawdown	-0.42	-1.37	+0.95

LFGY vs. BTCI - Sharpe Ratio Comparison

The current LFGY Sharpe Ratio is -0.18, which is higher than the BTCI Sharpe Ratio of -0.99. The chart below compares the historical Sharpe Ratios of LFGY 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

LFGY vs. BTCI - Drawdown Comparison

The maximum LFGY drawdown since its inception was -35.94%, smaller than the maximum BTCI drawdown of -48.42%. Use the drawdown chart below to compare losses from any high point for LFGY and BTCI.

Drawdown Indicators

	LFGY	BTCI	Difference
Max Drawdown Largest peak-to-trough decline	-35.94%	-48.42%	+12.48%
Max Drawdown (1Y) Largest decline over 1 year	-35.94%	-48.42%	+12.48%
Current Drawdown Current decline from peak	-16.72%	-44.59%	+27.87%
Average Drawdown Average peak-to-trough decline	-14.00%	-16.90%	+2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.98%	28.85%	-11.87%

Volatility

LFGY vs. BTCI - Volatility Comparison

YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) has a higher volatility of 11.97% compared to NEOS Bitcoin High Income ETF (BTCI) at 10.41%. This indicates that LFGY'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.

Volatility by Period

	LFGY	BTCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.97%	10.41%	+1.56%
Volatility (6M) Calculated over the trailing 6-month period	31.66%	31.52%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	38.93%	39.93%	-1.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.20%	40.12%	+2.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.20%	40.12%	+2.08%

LFGY vs. BTCI - Expense Ratio Comparison

LFGY has a 1.02% expense ratio, which is higher than BTCI's 0.99% expense ratio.

Dividends

LFGY vs. BTCI - Dividend Comparison

LFGY's dividend yield for the trailing twelve months is around 85.45%, more than BTCI's 42.87% yield.

Position	TTM	2025	2024
BTCI NEOS Bitcoin High Income ETF	42.87%	36.46%	6.76%
LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF	85.45%	94.90%	0.00%

Frequently Asked Questions

Can I hold both LFGY and BTCI in my portfolio?

LFGY and BTCI have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LFGY or BTCI?

LFGY has higher volatility (11.97%) compared to BTCI (10.41%). In terms of maximum drawdown, LFGY dropped -35.94% vs BTCI's -48.42%.

Which ETF is better, LFGY or BTCI?

On 1-year performance, LFGY leads with -6.23% vs -41.02% for BTCI. On fees, BTCI is cheaper at 0.99% per year. On volatility, BTCI has been the lower-risk option at 10.41%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LFGY or BTCI?

Over the 1-year period, LFGY has performed better with a -6.23% return vs -41.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LFGY or BTCI?

BTCI is cheaper with a 0.99% expense ratio, compared with 1.02% for LFGY.

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

LFGY has the higher dividend yield at 85.45%, compared with 42.87% for BTCI.

What is the main difference between LFGY and BTCI?

LFGY is categorized as Derivative Income, while BTCI is Cryptocurrency. They also come from different issuers: YieldMax and Neos. Their fees differ too: 1.02% for LFGY and 0.99% for BTCI.

Which has better risk-adjusted returns?

LFGY currently has the higher Sharpe Ratio (-0.18 vs -0.99), 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.