Dividend comparison

BLOX vs XBCI: Which Is Better for Income?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Nicholas Crypto Income ETF and NEOS Boosted Bitcoin High Income ETF, side by side. Updated October 21, 2026.

BLOX vs XBCI: key differences
The short answer, from the latest data on this page.
  • Fees. XBCI is cheaper at 0.98% a year versus 0.99% for BLOX. On $10,000 that is $1 a year less in fees.
  • Income. BLOX pays more income, yielding 51.19% over the last twelve months versus 30.51% for XBCI. That is about $2,069 more a year on $10,000. BLOX pays weekly, XBCI pays monthly.
  • Risk. BLOX has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -56.3%, against -39.5% for XBCI.

Bottom line: BLOX fits better if you care most about more income today. XBCI fits better if you care most about smaller drawdowns.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricBLOX
Nicholas Crypto Income ETF
XBCI
NEOS Boosted Bitcoin High Income ETF
Dividend yield (TTM)51.19%30.51%
Dividend / share (TTM)$5.93$11.87
Payout frequencyWeeklyMonthly
Last dividend$0.0878 on Oct 19, 2026$1.3506 on Oct 9, 2026
Ex-dividend dateOct 16, 2026Oct 7, 2026
Price$11.73$38.90
Beta2.961.14
Max drawdown (5Y)-56.3%-39.5%
Market cap$13.4M$772,278
ExchangeAMEXNASDAQ
Expense ratio0.99%0.98%
Assets under management$259.2M$233.3M
Number of holdings—17
Top 10 concentration—205.1%
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

BLOX

$426.60/mo

$5119 /yr at 51.19% yield

XBCI

$254.22/mo

$3051 /yr at 30.51% yield

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.

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Feb 3, 2026 would now be worth $7,295 in BLOX and $8,404 in XBCI.
PeriodBLOXXBCI
1 month-18.54%-1.34%
3 months-9.56%21.22%
Year to date-32.51%—
1 year-52.99%—
3 years——
5 years——
  • BLOX
  • XBCI
628911520267384

Both series indexed to 100 on 2026-02-03 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.
  • BLOX
  • XBCI
0%16%32%48%64%Financial Services64.4%Technology35.6%
Top 10 holdings
Largest positions by portfolio weight.

XBCI17 holdings total

NameWeight
912797US4United States Treasury Bill 08/04/202661.76%
912797WR4United States Treasury Bill 01/26/202742.73%
912797VP9United States Treasury Bill 11/03/202635.71%
CBTX 261016C01390000CBTX US 10/16/26 C139033.31%
IBITiShares Bitcoin Trust ETF18.88%
CBTX 270115C01980000CBTX US 01/15/27 C198010.31%
Cash&OtherCash & Other3.98%
CBTX 261120C02200000CBTX US 11/20/26 C2200-0.41%
CBTX 261016C02060000CBTX US 10/16/26 C2060-0.55%
CBTX 261016P01390000CBTX US 10/16/26 P1390-0.59%

Quick verdict

BLOX fits better if you care most about more income today. XBCI fits better if you care most about smaller drawdowns. Model the holding inside your real portfolio before deciding.

Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how BLOX vs XBCI fits with the rest of your holdings. Free to start — no credit card required for the trial.

Frequently asked questions

Is BLOX or XBCI better for dividend income?
It depends on your goals. BLOX currently yields 51.19% Trailing Twelve Months (TTM) while XBCI yields 30.51%. 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 BLOX and XBCI?
Nicholas Crypto Income ETF (BLOX) is an ETF listed on AMEX. NEOS Boosted Bitcoin High Income ETF (XBCI) is an ETF listed on NASDAQ. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, BLOX or XBCI?
XBCI has the lower expense ratio. BLOX charges 0.99% a year and XBCI charges 0.98%, a difference of $1 a year on a $10,000 investment.
Which is riskier, BLOX or XBCI?
Measured by the worst peak-to-trough decline over the last five years, BLOX has been riskier: BLOX fell as much as 56.3% and XBCI as much as 39.5%. Their betas are 2.96 and 1.14.
How often do BLOX and XBCI pay dividends?
BLOX pays weekly and XBCI pays monthly.
How much income does $10,000 in BLOX vs XBCI generate?
At current TTM yields, $10,000 in BLOX would generate roughly $426.60 per month ($5119 annually). The same amount in XBCI would produce about $254.22 per month ($3051 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both BLOX and XBCI?
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 BLOX vs XBCI with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how BLOX and XBCI 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.