NEOS Bitcoin High Income ETF (BTCI) Performance
BTCI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −8.6% since Dec 31, 2025
- 1 year
- −25.2% total return
- Since first price
- +15.9% since 2024
BTCI trailing returns vs SPY, QQQ, AGG
| Period | BTCI total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −3.0% | −5.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +20.5% | +12.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +2.2% | −10.4% | +7.8% | +8.4% | −1.5% |
| YTD | −8.6% | −26.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −25.2% | −42.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 17, 2024 | +15.9% | −34.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BTCI vs SPY
From Oct 17, 2024: BTCI grew to $11,591, SPY to $13,351.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BTCI returns by calendar year
0 of 1 full years positive. Best 2025 (−1.1%), worst 2025 (−1.1%). 2026 is year to date.
BTCI annual returns table
| Year | BTCI | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −8.6% | −36.3% | +12.3% | +15.1% | −1.0% |
| 2025 | −1.1% | −29.3% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BTCI largest drawdowns
Now 32.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Oct 6, 2025 | −48.4% | Jun 30, 2026 | not yet | 9 months | 1.0 years so far |
| Jan 30, 2025 | −24.4% | Apr 8, 2025 | May 19, 2025 | 2 months | 4 months |
| Dec 17, 2024 | −10.9% | Dec 23, 2024 | Jan 21, 2025 | 6 days | 35 days |
| Aug 13, 2025 | −10.7% | Aug 29, 2025 | Oct 6, 2025 | 16 days | 54 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BTCI risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +7.2% |
| Volatility (annualized) | 42.0% |
| Sharpe ratio | 0.27 |
| Sortino ratio | 0.42 |
| Best month | +27.9% |
| Worst month | −20.4% |
| Best 12 months | +48.8% |
| Worst 12 months | −41.8% |
| Positive months | 52% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BTCI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 13 | −41.8% | −17.2% | +48.8% | 8% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
BTCI performance overview
NEOS Bitcoin High Income ETF (BTCI) returned −25.2% over the past year, with distributions reinvested. Since its first recorded price on Oct 17, 2024 it has returned +15.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −48.4%, from Oct 6, 2025 to Jun 30, 2026; the fund has not yet regained that high. Volatility has been 42.0% a year.
Related: BTCI chart, BTCI dividends. See the BTCI overview for the latest quote and fund facts.
BTCI performance FAQ
What is the BTCI return over the past year?
BTCI returned −25.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 42.8%.
How much would $10,000 invested in BTCI be worth?
$10,000 invested in BTCI at its first recorded close on October 17, 2024 would be worth about $11,591 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of BTCI?
The largest peak-to-trough decline was −48.4% between October 6, 2025 and June 30, 2026. It has not yet recovered to that high; it is 32.4% below its peak.
How volatile is BTCI?
Over the past history BTCI had an annualized volatility of 42.0% and a Sharpe ratio of 0.27 (excess return over 1–3 month T-bills per unit of risk).