YBTC vs. BTCI
Compare and contrast key facts about Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and NEOS Bitcoin High Income ETF (BTCI).
YBTC and BTCI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YBTC is an actively managed fund by Roundhill. It was launched on Jan 17, 2024. BTCI is an actively managed fund by Neos. It was launched on Oct 16, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YBTC or BTCI.
Correlation
The correlation between YBTC and BTCI is 0.92, 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.
Performance
YBTC vs. BTCI - Performance Comparison
Key characteristics
YBTC:
45.21%
BTCI:
44.32%
YBTC:
-23.17%
BTCI:
-22.68%
YBTC:
-18.38%
BTCI:
-18.16%
Returns By Period
The year-to-date returns for both investments are quite close, with YBTC having a -8.31% return and BTCI slightly higher at -8.00%.
YBTC
-8.31%
-2.59%
19.62%
11.89%
N/A
N/A
BTCI
-8.00%
-5.23%
N/A
N/A
N/A
N/A
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YBTC vs. BTCI - Expense Ratio Comparison
YBTC has a 0.95% expense ratio, which is lower than BTCI's 0.98% expense ratio.
Risk-Adjusted Performance
YBTC vs. BTCI — Risk-Adjusted Performance Rank
YBTC
BTCI
YBTC vs. BTCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and NEOS Bitcoin High Income ETF (BTCI). 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.
Not enough dataDividends
YBTC vs. BTCI - Dividend Comparison
YBTC's dividend yield for the trailing twelve months is around 52.03%, more than BTCI's 16.52% yield.
| TTM | 2024 | |
|---|---|---|
YBTC Roundhill Bitcoin Covered Call Strategy ETF | 52.03% | 44.53% |
BTCI NEOS Bitcoin High Income ETF | 16.52% | 6.76% |
Drawdowns
YBTC vs. BTCI - Drawdown Comparison
The maximum YBTC drawdown since its inception was -23.17%, roughly equal to the maximum BTCI drawdown of -22.68%. Use the drawdown chart below to compare losses from any high point for YBTC and BTCI. For additional features, visit the drawdowns tool.
Volatility
YBTC vs. BTCI - Volatility Comparison
Roundhill Bitcoin Covered Call Strategy ETF (YBTC) and NEOS Bitcoin High Income ETF (BTCI) have volatilities of 15.39% and 15.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.