Dividend comparison

BITY vs BTCI: Which Is Better for Income?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Amplify Bitcoin 2% Monthly Option Income ETF and NEOS Bitcoin High Income ETF, side by side. Updated October 21, 2026.

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BITY vs BTCI: key differences
The short answer, from the latest data on this page.
  • Fees. BITY is cheaper at 0.65% a year versus 0.99% for BTCI. On $10,000 that is $34 a year less in fees.
  • Income. BITY pays more income, yielding 30.46% over the last twelve months versus 30.36% for BTCI. That is about $10 more a year on $10,000. Both pay monthly.
  • Risk. BTCI has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -55.9%, against -7.4% for BITY.
  • Size. BTCI is the larger fund with $1.4 billion in assets, against $13 million for BITY.

Bottom line: BITY has the edge on these figures, with lower fees and smaller drawdowns. BTCI does not lead on any of the measures compared here.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricBITY
Amplify Bitcoin 2% Monthly Option Income ETF
BTCI
NEOS Bitcoin High Income ETF
Dividend yield (TTM)30.46%30.36%
Dividend / share (TTM)$8.34$10.14
Payout frequencyMonthlyMonthly
Last dividend$0.5680 on Sep 30, 2026$0.7180 on Sep 18, 2026
Ex-dividend dateSep 29, 2026Sep 16, 2026
Price$27.38$33.39
Beta1.391.42
Max drawdown (5Y)-7.4%-55.9%
Market cap$12.9M$1.41B
ExchangeCBOECBOE
Expense ratio0.65%0.99%
Assets under management$13.0M$1.42B
Number of holdings4—
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

BITY

$253.80/mo

$3046 /yr at 30.46% yield

BTCI

$252.97/mo

$3036 /yr at 30.36% yield

Dividend history
Total dividends paid per share in each calendar year. BITY pays monthly; BTCI pays monthly.
YearBITYBTCI
2025—$16.0521
Strategy: Crypto-linked income
The most aggressive category on the site: funds that take exposure to bitcoin or a crypto-linked stock, usually through options or futures rather than by owning the asset, and sell calls against it to generate large distributions. Extreme implied volatility is what funds the payout, and the same volatility is what makes the exposure underneath unpredictable. Fees are around 1% a year and the exposure is often synthetic, so what you own is a set of derivative contracts, not the asset itself.

Distributions vary sharply, have included return of capital, and upside is capped while downside is not, so net asset value can fall a long way even in periods when the payments keep arriving.

What BITY vs BTCI actually do

BTCI
A NEOS fund that holds spot bitcoin exchange-traded products and writes call options against that exposure for monthly income.

Rather than owning bitcoin or futures directly, it holds spot bitcoin ETPs such as IBIT and HODL, then sells calls on bitcoin-related funds to collect premium. Bitcoin's implied volatility is extreme by equity standards, so the premium collected and the resulting distributions are very large, and so is the amount of upside handed over when bitcoin runs. Fees are around 1% a year, which is high in absolute terms though normal for this category.

Suits someone who already wants bitcoin exposure and would rather convert its volatility into monthly cash than wait for appreciation. Entirely unsuitable as a core income holding: the underlying asset can halve, the distribution is not contractual, and the call overlay removes exactly the upside that justifies owning bitcoin in the first place.

Speculative income, very high volatility

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Sep 18, 2026 would now be worth $9,594 in BITY and $10,177 in BTCI.
PeriodBITYBTCI
1 month-4.06%1.77%
3 months—15.34%
Year to date—-24.15%
1 year—-39.59%
3 years——
5 years——
  • BITY
  • BTCI
94100106202696102

Both series indexed to 100 on 2026-09-18 using the adjusted closing price series. Past performance does not guarantee future results.

Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
  • BITY
  • BTCI
0%16%33%49%65%Financial Services65.2%Cash & Others34.8%

Quick verdict

BITY has the edge on these figures, with lower fees and smaller drawdowns. BTCI does not lead on any of the measures compared here. Model the holding inside your real portfolio before deciding.

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Frequently asked questions

Is BITY or BTCI better for dividend income?
It depends on your goals. BITY currently yields 30.46% Trailing Twelve Months (TTM) while BTCI yields 30.36%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between BITY and BTCI?
Amplify Bitcoin 2% Monthly Option Income ETF (BITY) is an ETF listed on CBOE. NEOS Bitcoin High Income ETF (BTCI) is an ETF listed on CBOE. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, BITY or BTCI?
BITY has the lower expense ratio. BITY charges 0.65% a year and BTCI charges 0.99%, a difference of $34 a year on a $10,000 investment.
Which is riskier, BITY or BTCI?
Measured by the worst peak-to-trough decline over the last five years, BTCI has been riskier: BITY fell as much as 7.4% and BTCI as much as 55.9%. Their betas are 1.39 and 1.42.
How often do BITY and BTCI pay dividends?
Both pay monthly. The most recent payments were $0.5680 for BITY and $0.7180 for BTCI.
How much income does $10,000 in BITY vs BTCI generate?
At current TTM yields, $10,000 in BITY would generate roughly $253.80 per month ($3046 annually). The same amount in BTCI would produce about $252.97 per month ($3036 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both BITY and BTCI?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare BITY vs BTCI with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how BITY and BTCI fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.

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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.