XBCI vs. BNDI

Last updated Jun 5, 2026

XBCI (NEOS Boosted Bitcoin High Income ETF) and BNDI (Neos Enhanced Income Aggregate Bond ETF) are both exchange-traded funds - XBCI is a Cryptocurrency fund actively managed by Neos, while BNDI is a Intermediate Core-Plus Bond fund actively managed by Neos. Both are actively managed. At a 0.23 correlation, their price movements are largely independent. XBCI charges 0.98%/yr vs 0.58%/yr for BNDI.

Performance

XBCI vs. BNDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Boosted Bitcoin High Income ETF (XBCI) and Neos Enhanced Income Aggregate Bond ETF (BNDI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XBCI

• 1D: -4.22%
• 1M: -28.48%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BNDI

• 1D: 0.17%
• 1M: 0.31%
• YTD: 1.46%
• 6M: 1.61%
• 1Y: 6.66%
• 3Y*: 4.89%
• 5Y*: —
• 10Y*: —

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

XBCI vs. BNDI - Yearly Performance Comparison

	2026 (YTD)
XBCI NEOS Boosted Bitcoin High Income ETF	-19.85%
BNDI Neos Enhanced Income Aggregate Bond ETF	1.25%

Correlation

The correlation between XBCI and BNDI is 0.23, 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 Feb 4, 2026	0.23

Return for Risk

XBCI vs. BNDI — Risk / Return Rank

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

BNDI

BNDI Risk / Return Rank: 49
BNDI Sharpe Ratio Rank: 47
BNDI Sortino Ratio Rank: 51
BNDI Omega Ratio Rank: 46
BNDI Calmar Ratio Rank: 50
BNDI Martin Ratio Rank: 52

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.

XBCI vs. BNDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted Bitcoin High Income ETF (XBCI) and Neos Enhanced Income Aggregate Bond ETF (BNDI). 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

	XBCI	BNDI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.61	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.73	0.66	-1.38

Drawdowns

XBCI vs. BNDI - Drawdown Comparison

The maximum XBCI drawdown since its inception was -29.12%, which is greater than BNDI's maximum drawdown of -6.98%. Use the drawdown chart below to compare losses from any high point for XBCI and BNDI.

Drawdown Indicators

	XBCI	BNDI	Difference
Max Drawdown Largest peak-to-trough decline	-29.12%	-6.98%	-22.14%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.83%	—
Current Drawdown Current decline from peak	-29.12%	-0.67%	-28.45%
Average Drawdown Average peak-to-trough decline	-8.31%	-1.71%	-6.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.77%	—

Volatility

Volatility by Period

	XBCI	BNDI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.08%	—
Volatility (1Y) Calculated over the trailing 1-year period	67.05%	4.17%	+62.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.05%	6.19%	+60.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.05%	6.19%	+60.86%

XBCI vs. BNDI - Expense Ratio Comparison

XBCI has a 0.98% expense ratio, which is higher than BNDI's 0.58% expense ratio.

Dividends

XBCI vs. BNDI - Dividend Comparison

XBCI's dividend yield for the trailing twelve months is around 21.42%, more than BNDI's 5.79% yield.

Position	TTM	2025	2024	2023	2022
BNDI Neos Enhanced Income Aggregate Bond ETF	5.79%	5.69%	5.54%	5.17%	1.68%
XBCI NEOS Boosted Bitcoin High Income ETF	21.42%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XBCI and BNDI in my portfolio?

XBCI and BNDI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XBCI or BNDI?

On fees, BNDI is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBCI or BNDI?

BNDI is cheaper with a 0.58% expense ratio, compared with 0.98% for XBCI.

Which ETF pays a higher dividend yield, XBCI or BNDI?

XBCI has the higher dividend yield at 21.42%, compared with 5.79% for BNDI.

What is the main difference between XBCI and BNDI?

XBCI is categorized as Cryptocurrency, while BNDI is Intermediate Core-Plus Bond. Their fees differ too: 0.98% for XBCI and 0.58% for BNDI.