XBCI vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about NEOS Boosted Bitcoin High Income ETF (XBCI) and Bitcoin (BTC-USD).

XBCI is an actively managed fund by Neos. It was launched on Feb 2, 2026.

Performance

XBCI vs. BTC-USD - Performance Comparison

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

XBCI vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)
XBCI NEOS Boosted Bitcoin High Income ETF	-11.88%
BTC-USD Bitcoin	-11.77%

Returns By Period

XBCI

• 1D: 0.57%
• 1M: -0.61%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTC-USD

• 1D: -1.99%
• 1M: -2.31%
• YTD: -23.70%
• 6M: -44.66%
• 1Y: -19.07%
• 3Y*: 33.89%
• 5Y*: 3.18%
• 10Y*: 66.03%

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

Return for Risk

XBCI vs. BTC-USD — Risk / Return Rank

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

BTC-USD

BTC-USD Risk / Return Rank: 39
BTC-USD Sharpe Ratio Rank: 66
BTC-USD Sortino Ratio Rank: 60
BTC-USD Omega Ratio Rank: 59
BTC-USD Calmar Ratio Rank: 12
BTC-USD Martin Ratio Rank: 0

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. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted Bitcoin High Income ETF (XBCI) and Bitcoin (BTC-USD). 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	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.43	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.06	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.64	1.18	-1.82

Correlation

The correlation between XBCI and BTC-USD is 0.82, 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.

Drawdowns

XBCI vs. BTC-USD - Drawdown Comparison

The maximum XBCI drawdown since its inception was -19.49%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for XBCI and BTC-USD.

Drawdown Indicators

	XBCI	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-19.49%	-85.30%	+65.81%
Max Drawdown (1Y) Largest decline over 1 year	—	-49.65%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-76.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-11.88%	-46.47%	+34.59%
Average Drawdown Average peak-to-trough decline	-11.13%	-42.00%	+30.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	27.75%	—

Volatility

Volatility by Period

	XBCI	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.70%	—
Volatility (6M) Calculated over the trailing 6-month period	—	35.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	86.31%	36.69%	+49.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.31%	46.91%	+39.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	86.31%	56.71%	+29.60%