XBCI vs. NIHI

Last updated Jun 5, 2026

XBCI (NEOS Boosted Bitcoin High Income ETF) and NIHI (NEOS MSCI EAFE High Income ETF) are both exchange-traded funds - XBCI is a Cryptocurrency fund actively managed by Neos, while NIHI is a Derivative Income fund actively managed by Neos. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. XBCI charges 0.98%/yr vs 0.68%/yr for NIHI.

Performance

XBCI vs. NIHI - Performance Comparison

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

NIHI

• 1D: 0.56%
• 1M: 2.77%
• YTD: 6.43%
• 6M: 8.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XBCI vs. NIHI - Yearly Performance Comparison

	2026 (YTD)
XBCI NEOS Boosted Bitcoin High Income ETF	-19.85%
NIHI NEOS MSCI EAFE High Income ETF	2.27%

Correlation

The correlation between XBCI and NIHI is 0.44, 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	0.44

Return for Risk

XBCI vs. NIHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted Bitcoin High Income ETF (XBCI) and NEOS MSCI EAFE High Income ETF (NIHI). 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	NIHI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.73	1.16	-1.89

Drawdowns

XBCI vs. NIHI - Drawdown Comparison

The maximum XBCI drawdown since its inception was -29.12%, which is greater than NIHI's maximum drawdown of -10.88%. Use the drawdown chart below to compare losses from any high point for XBCI and NIHI.

Drawdown Indicators

	XBCI	NIHI	Difference
Max Drawdown Largest peak-to-trough decline	-29.12%	-10.88%	-18.24%
Current Drawdown Current decline from peak	-29.12%	-0.59%	-28.53%
Average Drawdown Average peak-to-trough decline	-8.31%	-2.37%	-5.94%

Volatility

Volatility by Period

	XBCI	NIHI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	67.05%	15.08%	+51.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	67.05%	15.08%	+51.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	67.05%	15.08%	+51.97%

XBCI vs. NIHI - Expense Ratio Comparison

XBCI has a 0.98% expense ratio, which is higher than NIHI's 0.68% expense ratio.

Dividends

XBCI vs. NIHI - Dividend Comparison

XBCI's dividend yield for the trailing twelve months is around 21.42%, more than NIHI's 7.79% yield.

Position	TTM	2025
NIHI NEOS MSCI EAFE High Income ETF	7.79%	3.44%
XBCI NEOS Boosted Bitcoin High Income ETF	21.42%	0.00%

Frequently Asked Questions

Can I hold both XBCI and NIHI in my portfolio?

XBCI and NIHI have a correlation of 0.44, 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 NIHI?

On fees, NIHI is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBCI or NIHI?

NIHI is cheaper with a 0.68% expense ratio, compared with 0.98% for XBCI.

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

XBCI has the higher dividend yield at 21.42%, compared with 7.79% for NIHI.

What is the main difference between XBCI and NIHI?

XBCI is categorized as Cryptocurrency, while NIHI is Derivative Income. Their fees differ too: 0.98% for XBCI and 0.68% for NIHI.