XBTY vs. BLOX

Last updated Apr 1, 2026

Compare and contrast key facts about GraniteShares YieldBOOST Bitcoin ETF (XBTY) and Nicholas Crypto Income ETF (BLOX).

XBTY and BLOX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XBTY is an actively managed fund by GraniteShares. It was launched on May 12, 2025. BLOX is an actively managed fund by Nicholas. It was launched on Jun 16, 2025.

Performance

XBTY vs. BLOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares YieldBOOST Bitcoin ETF (XBTY) and Nicholas Crypto Income ETF (BLOX). The values are adjusted to include any dividend payments, if applicable.

XBTY vs. BLOX - Yearly Performance Comparison

	2026 (YTD)	2025
XBTY GraniteShares YieldBOOST Bitcoin ETF	-18.18%	-23.32%
BLOX Nicholas Crypto Income ETF	-18.83%	9.24%

Returns By Period

The year-to-date returns for both stocks are quite close, with XBTY having a -18.18% return and BLOX slightly lower at -18.83%.

XBTY

• 1D: 0.69%
• 1M: -0.90%
• YTD: -18.18%
• 6M: -39.13%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLOX

• 1D: 6.06%
• 1M: -10.73%
• YTD: -18.83%
• 6M: -35.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XBTY vs. BLOX - Expense Ratio Comparison

XBTY has a 0.99% expense ratio, which is lower than BLOX's 1.03% expense ratio.

BLOX

Nicholas Crypto Income ETF

XBTY

GraniteShares YieldBOOST Bitcoin ETF

Return for Risk

XBTY vs. BLOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBOOST Bitcoin ETF (XBTY) and Nicholas Crypto Income ETF (BLOX). 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

	XBTY	BLOX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.34	-0.26	-1.08

Correlation

The correlation between XBTY and BLOX is 0.77, 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.

Dividends

XBTY vs. BLOX - Dividend Comparison

XBTY's dividend yield for the trailing twelve months is around 192.65%, more than BLOX's 42.24% yield.

	TTM	2025
XBTY GraniteShares YieldBOOST Bitcoin ETF	192.65%	102.53%
BLOX Nicholas Crypto Income ETF	42.24%	22.69%

Drawdowns

XBTY vs. BLOX - Drawdown Comparison

The maximum XBTY drawdown since its inception was -45.04%, roughly equal to the maximum BLOX drawdown of -47.09%. Use the drawdown chart below to compare losses from any high point for XBTY and BLOX.

Drawdown Indicators

	XBTY	BLOX	Difference
Max Drawdown Largest peak-to-trough decline	-45.04%	-47.09%	+2.05%
Current Drawdown Current decline from peak	-44.57%	-43.89%	-0.68%
Average Drawdown Average peak-to-trough decline	-19.27%	-16.56%	-2.71%

Volatility

Volatility by Period

	XBTY	BLOX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	29.41%	55.40%	-25.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.41%	55.40%	-25.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.41%	55.40%	-25.99%