XBCI vs. IAUI

Last updated Jun 4, 2026

XBCI (NEOS Boosted Bitcoin High Income ETF) and IAUI (NEOS Gold High Income ETF) are both exchange-traded funds - XBCI is a Cryptocurrency fund actively managed by Neos, while IAUI is a Derivative Income fund actively managed by Neos. Both are actively managed. At a 0.31 correlation, their price movements are largely independent. XBCI charges 0.98%/yr vs 0.78%/yr for IAUI.

Performance

XBCI vs. IAUI - Performance Comparison

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

Returns By Period

XBCI

• 1D: -3.98%
• 1M: -23.50%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IAUI

• 1D: -0.88%
• 1M: -1.01%
• YTD: 1.64%
• 6M: 4.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XBCI vs. IAUI - Yearly Performance Comparison

	2026 (YTD)
XBCI NEOS Boosted Bitcoin High Income ETF	-16.32%
IAUI NEOS Gold High Income ETF	-7.52%

Correlation

The correlation between XBCI and IAUI is 0.31, 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	0.31

Return for Risk

XBCI vs. IAUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted Bitcoin High Income ETF (XBCI) and NEOS Gold High Income ETF (IAUI). 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	IAUI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.63	1.13	-1.75

Drawdowns

XBCI vs. IAUI - Drawdown Comparison

The maximum XBCI drawdown since its inception was -25.99%, which is greater than IAUI's maximum drawdown of -16.88%. Use the drawdown chart below to compare losses from any high point for XBCI and IAUI.

Drawdown Indicators

	XBCI	IAUI	Difference
Max Drawdown Largest peak-to-trough decline	-25.99%	-16.88%	-9.11%
Current Drawdown Current decline from peak	-25.99%	-13.80%	-12.19%
Average Drawdown Average peak-to-trough decline	-8.06%	-3.45%	-4.61%

Volatility

Volatility by Period

	XBCI	IAUI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	67.08%	20.31%	+46.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.08%	20.31%	+46.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.08%	20.31%	+46.77%

XBCI vs. IAUI - Expense Ratio Comparison

XBCI has a 0.98% expense ratio, which is higher than IAUI's 0.78% expense ratio.

Dividends

XBCI vs. IAUI - Dividend Comparison

XBCI's dividend yield for the trailing twelve months is around 20.51%, more than IAUI's 12.65% yield.

Position	TTM	2025
IAUI NEOS Gold High Income ETF	12.65%	6.88%
XBCI NEOS Boosted Bitcoin High Income ETF	20.51%	0.00%

Frequently Asked Questions

Can I hold both XBCI and IAUI in my portfolio?

XBCI and IAUI have a correlation of 0.31, 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 IAUI?

On fees, IAUI is cheaper at 0.78% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBCI or IAUI?

IAUI is cheaper with a 0.78% expense ratio, compared with 0.98% for XBCI.

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

XBCI has the higher dividend yield at 20.51%, compared with 12.65% for IAUI.

What is the main difference between XBCI and IAUI?

XBCI is categorized as Cryptocurrency, while IAUI is Derivative Income. Their fees differ too: 0.98% for XBCI and 0.78% for IAUI.