XBCI vs. BITI
XBCI (NEOS Boosted Bitcoin High Income ETF) and BITI (ProShares Short Bitcoin ETF) are both Cryptocurrency funds. XBCI is actively managed, while BITI is passively managed. Their -0.99 correlation means they have often moved in opposite directions in the past. XBCI charges 0.98%/yr vs 1.03%/yr for BITI.
Performance
XBCI vs. BITI - Performance Comparison
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Returns By Period
XBCI
- 1D
- -3.22%
- 1M
- 3.82%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BITI
- 1D
- 3.01%
- 1M
- -2.58%
- 6M
- 22.77%
- YTD
- 27.11%
- 1Y
- 58.64%
- 3Y*
- -31.77%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -35.65%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $24.10M | $26.49M | $38.71M | |
| $3.48M | $3.42M | $5.46M |
XBCI vs. BITI - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
XBCI NEOS Boosted Bitcoin High Income ETF | -22.94% |
BITI ProShares Short Bitcoin ETF | 14.79% |
Correlation
The correlation between XBCI and BITI is -0.99, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026 | -0.99 |
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Return for Risk
XBCI vs. BITI — Risk / Return Rank
XBCI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BITI
XBCI vs. BITI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted Bitcoin High Income ETF (XBCI) and ProShares Short Bitcoin ETF (BITI). 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.
| XBCI | BITI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.24 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.53 | — |
| Martin ratioReturn relative to average drawdown | — | 6.17 | — |
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Drawdowns
XBCI vs. BITI - Drawdown Comparison
The maximum XBCI drawdown since its inception was -37.31%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for XBCI and BITI.
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Drawdown Indicators
| XBCI | BITI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.31% | -92.16% | +54.85% |
Max Drawdown (1Y)Largest decline over 1 year | — | -25.28% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -84.63% | — |
Current DrawdownCurrent decline from peak | -30.97% | -86.12% | +55.15% |
Average DrawdownAverage peak-to-trough decline | -15.82% | -68.59% | +52.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 10.35% | — |
Volatility
XBCI vs. BITI - Volatility Comparison
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Volatility by Period
| XBCI | BITI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 9.13% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 33.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 62.61% | 44.23% | +18.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.61% | 52.03% | +10.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.61% | 52.03% | +10.58% |
XBCI vs. BITI - Expense Ratio Comparison
XBCI has a 0.98% expense ratio, which is lower than BITI's 1.03% expense ratio.
Dividends
XBCI vs. BITI - Dividend Comparison
XBCI's dividend yield for the trailing twelve months is around 26.04%, more than BITI's 15.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BITI ProShares Short Bitcoin ETF | 15.17% | 1.60% | 3.91% | 3.33% | 0.06% |
XBCI NEOS Boosted Bitcoin High Income ETF | 26.04% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XBCI and BITI have a correlation of -0.99, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XBCI is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XBCI is cheaper with a 0.98% expense ratio, compared with 1.03% for BITI.
XBCI has the higher dividend yield at 26.04%, compared with 15.17% for BITI.
They also come from different issuers: Neos and ProShares. Their fees differ too: 0.98% for XBCI and 1.03% for BITI.
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