XBCI vs. NEHI

Last updated Jun 5, 2026

XBCI (NEOS Boosted Bitcoin High Income ETF) and NEHI (NEOS Ethereum High Income ETF) are both Cryptocurrency funds from Neos. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. Both charge a 0.98% expense ratio.

Performance

XBCI vs. NEHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Boosted Bitcoin High Income ETF (XBCI) and NEOS Ethereum High Income ETF (NEHI). 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*: —

NEHI

• 1D: -1.50%
• 1M: -23.11%
• YTD: -36.78%
• 6M: -38.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XBCI vs. NEHI - Yearly Performance Comparison

	2026 (YTD)
XBCI NEOS Boosted Bitcoin High Income ETF	-19.85%
NEHI NEOS Ethereum High Income ETF	-20.45%

Correlation

The correlation between XBCI and NEHI is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 4, 2026	0.90

Return for Risk

XBCI vs. NEHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted Bitcoin High Income ETF (XBCI) and NEOS Ethereum High Income ETF (NEHI). 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	NEHI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.73	-1.10	+0.37

Drawdowns

XBCI vs. NEHI - Drawdown Comparison

The maximum XBCI drawdown since its inception was -29.12%, smaller than the maximum NEHI drawdown of -43.46%. Use the drawdown chart below to compare losses from any high point for XBCI and NEHI.

Drawdown Indicators

	XBCI	NEHI	Difference
Max Drawdown Largest peak-to-trough decline	-29.12%	-43.46%	+14.34%
Current Drawdown Current decline from peak	-29.12%	-43.46%	+14.34%
Average Drawdown Average peak-to-trough decline	-8.31%	-25.23%	+16.92%

Volatility

Volatility by Period

	XBCI	NEHI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	67.05%	57.19%	+9.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.05%	57.19%	+9.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.05%	57.19%	+9.86%

XBCI vs. NEHI - Expense Ratio Comparison

Both XBCI and NEHI have an expense ratio of 0.98%.

Dividends

XBCI vs. NEHI - Dividend Comparison

XBCI's dividend yield for the trailing twelve months is around 21.42%, less than NEHI's 24.72% yield.

Position	TTM	2025
NEHI NEOS Ethereum High Income ETF	24.72%	2.87%
XBCI NEOS Boosted Bitcoin High Income ETF	21.42%	0.00%

Frequently Asked Questions

Can I hold both XBCI and NEHI in my portfolio?

XBCI and NEHI have a correlation of 0.90, 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 NEHI?

Both ETFs have the same 0.98% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBCI or NEHI?

XBCI and NEHI have the same expense ratio: 0.98% per year.

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

NEHI has the higher dividend yield at 24.72%, compared with 21.42% for XBCI.