XBCI vs. WGMI

Last updated Jul 14, 2026

XBCI (NEOS Boosted Bitcoin High Income ETF) and WGMI (CoinShares Bitcoin Miners ETF) are both Cryptocurrency funds. Both are actively managed. A 0.52 correlation means they provide meaningful diversification when combined. XBCI charges 0.98%/yr vs 0.75%/yr for WGMI.

Performance

XBCI vs. WGMI - Performance Comparison

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

Returns By Period

XBCI

• 1D: -3.45%
• 1M: -4.99%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

WGMI

• 1D: -5.82%
• 1M: -20.77%
• 6M: 9.97%
• YTD: 36.58%
• 1Y: 110.94%
• 3Y*: 43.46%
• 5Y*: —
• 10Y*: —

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

XBCI vs. WGMI - Yearly Performance Comparison

	2026 (YTD)
XBCI NEOS Boosted Bitcoin High Income ETF	-24.98%
WGMI CoinShares Bitcoin Miners ETF	17.62%

Correlation

The correlation between XBCI and WGMI is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.52

Return for Risk

XBCI vs. WGMI — Risk / Return Rank

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

XBCI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

WGMI

WGMI Risk / Return Rank: 48
WGMI Sharpe Ratio Rank: 53
WGMI Sortino Ratio Rank: 52
WGMI Omega Ratio Rank: 46
WGMI Calmar Ratio Rank: 55
WGMI Martin Ratio Rank: 36

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. WGMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted Bitcoin High Income ETF (XBCI) and CoinShares Bitcoin Miners ETF (WGMI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XBCI	WGMI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.44	—
Sortino ratio: Return per unit of downside risk	—	2.04	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	2.19	—
Martin ratio: Return relative to average drawdown	—	4.37	—

Drawdowns

XBCI vs. WGMI - Drawdown Comparison

The maximum XBCI drawdown since its inception was -37.31%, smaller than the maximum WGMI drawdown of -85.76%. Use the drawdown chart below to compare losses from any high point for XBCI and WGMI.

Drawdown Indicators

	XBCI	WGMI	Difference
Max Drawdown Largest peak-to-trough decline	-37.31%	-85.76%	+48.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-50.94%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-62.79%	—
Current Drawdown Current decline from peak	-32.79%	-27.50%	-5.29%
Average Drawdown Average peak-to-trough decline	-14.10%	-42.15%	+28.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	25.51%	—

Volatility

Volatility by Period

	XBCI	WGMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	56.04%	—
Volatility (1Y) Calculated over the trailing 1-year period	65.47%	77.66%	-12.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	65.47%	81.54%	-16.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.47%	81.54%	-16.07%

XBCI vs. WGMI - Expense Ratio Comparison

XBCI has a 0.98% expense ratio, which is higher than WGMI's 0.75% expense ratio.

Dividends

XBCI vs. WGMI - Dividend Comparison

XBCI's dividend yield for the trailing twelve months is around 26.75%, while WGMI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
WGMI CoinShares Bitcoin Miners ETF	0.00%	0.00%	0.22%	0.31%
XBCI NEOS Boosted Bitcoin High Income ETF	26.75%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XBCI and WGMI in my portfolio?

XBCI and WGMI have a correlation of 0.52, 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 WGMI?

On fees, WGMI is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XBCI or WGMI?

WGMI is cheaper with a 0.75% expense ratio, compared with 0.98% for XBCI.

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

XBCI has the higher dividend yield at 26.75%, compared with 0.00% for WGMI.

What is the main difference between XBCI and WGMI?

They also come from different issuers: Neos and CoinShares. Their fees differ too: 0.98% for XBCI and 0.75% for WGMI.