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BAGY vs NEHI

Amplify Bitcoin Max Income Covered Call ETF

BAGYBCboe

NEOS Ethereum High Income ETF

NEHICCboe

Overlap

Expense ratio

BAGY −0.33pt a year

BAGY0.65%NEHI0.98%

Avg volume · 30D

NEHI 16.3×the volume

BAGY4.27KNEHI69.8K

BAGY vs NEHI Performance

Dec 31, 2025 – Oct 30, 2026

−24.7%BAGY−26.6%NEHI

Dec 31, 2025 to Oct 30, 2026. BAGY −24.7%. NEHI −26.6%. Use the arrow keys to read each point.−40%−10%0%10%Dec 2025Jun 2026Oct 2026
Expense ratio
BAGY 0.65%, better
NEHI 0.98%
Fund size
BAGY $9M
NEHI $106M
1Y total return
BAGY −39.2%
NEHI No data
Yield (12M)
BAGY 47.85%
NEHI No data
Holdings
BAGY 4
NEHI 5
Avg volume (30D)
BAGY 4.27K sh
NEHI 69.8K sh, better
NAV per share
BAGY $20.12
NEHI $27.51
52W range

ETF.net Grade

BAGY: Cost 90, Risk 36, Mission not scored, Tradability 58, Holdings 46, Durability 54. NEHI: Cost 31, Risk 48, Mission not scored, Tradability 70, Holdings 39, Durability 68.
Pillar letters and Scores for BAGY, NEHI, with each pillar’s weight
PillarBAGYNEHI
Cost30% weightA90HigherD31
Mission25% weightNot scoredNot scored
Risk15% weightD36C48Higher
Tradability15% weightB58A70Higher
Holdings10% weightC46HigherD39
Durability5% weightC54B68Higher

Rank among Crypto Option Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BAGY and NEHI are both graded against the same 21 Crypto Option Income funds, so their Grades compare head to head.

Crypto Option Income⁠

Category · 21 funds
See all 21 ›

BAGY ranks 3rd and NEHI 10th of 21 funds in the Crypto Option Income Category.

  1. Rank 1ABITAThe iShares Bitcoin Premium Income ETFScore 88
  2. Rank 2BBTCCGrayscale Funds TrustScore 70
  3. Rank 3BBAGYAmplify Bitcoin Max Income Covered Call ETFScore 64
  4. Rank 3BCEPIREX Crypto Equity Premium Income ETFScore 64
  5. Rank 9CXRPMAmplify XRP 3% Monthly Option Income ETFScore 46
  6. Rank 10CNEHINEOS Ethereum High Income ETFScore 45
  7. Rank 11CYETHRoundhill Ether Covered Call Strategy ETFScore 44

Our read on each fund

ETF.net Research

BAGYBAmplify Bitcoin Max Income Covered Call ETF

NEHICNEOS Ethereum High Income ETF

In short

BAGY Most bitcoin income funds sell calls on futures or on crypto-adjacent stocks. BAGY works off bitcoin ETPs and options on them, harvesting premium and paying it out monthly.

NEHI Crypto income shelves are stacked with Bitcoin. NEHI aims the same covered-call machinery at Ether: hold Ether-linked exchange-traded products, sell calls against them, convert part of the upside into monthly cash.

Stated mandate

BAGY The Fund seeks to maximize current income through a covered-call strategy tied to Bitcoin price-return exposure. It uses Bitcoin ETPs and Bitcoin ETP Options to obtain exposure and generate option-premium income.

NEHI The Fund seeks high monthly income and potential appreciation through ETPs with direct exposure to Ether, using a call-option strategy that converts part of potential Ether upside into current income.

Why people hold it

  • BAGY A 0.65% expense ratio, under the typical fee in its crypto option-income cohort and below peers like CEPI and DFII at 0.85%.
  • Clean plumbing: bitcoin price exposure via ETPs, income via options on those ETPs, all inside a standard 1940 Act fund rather than a commodity partnership.amplifyetfs.com
  • Income is the stated mission, not a side effect: the fund targets option premium and distributes monthly.amplifyetfs.com
  • Among the stronger builds in a crowded field of crypto covered-call funds, helped by cost discipline.
  • NEHI The Ether entry in a group built mostly on Bitcoin. Its highest-graded peers (SPBC, CEPI, BTCC, BAGY, DFII) all reference Bitcoin; NEHI's reference asset is Ether.
  • The mechanism is plain: own ETPs with direct Ether exposure, write calls on top, pay monthly. Upside is traded for current income by design, not by drift.
  • A registered 1940 Act fund, not a crypto account. Ether exposure arrives through an ETF ticker instead of wallets, keys or an exchange login.

Worth knowing

  • BAGY Selling calls trades away part of bitcoin's upside for premium. Downside moves in bitcoin still come through.amplifyetfs.com
  • The monthly payout is not all investment income: the fund discloses that distributions can include return of capital, which chips at your cost basis.amplifyetfs.com
  • Launched in 2025 and still small, with lighter trading than the category's biggest names, so bid-ask spreads can run wider.
  • NEHI At 0.98%, the fee sits at the upper end of the crypto-income group, above the cohort's typical charge. Options overlays bill for the work.
  • Selling calls clips Ether's sharpest rallies while leaving downside largely intact. That asymmetry is the price of the income.
  • Launched December 2025, so the payout record is thin, and the fund discloses that monthly distributions can include return of capital.

Full BAGY profile⁠

Full NEHI profile⁠

BAGY vs NEHI Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BAGY vs NEHI Cost

Overpaying NEHI vs BAGY

$5,645

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BAGY 0.65%

    $12,717

  • NEHI 0.98%

    $18,362

$10,000
30 years

Cost over time

  • BAGY 0.65%
  • NEHI 0.98%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530NEHI $18,362BAGY $12,717

Year by year

YearBAGYNEHIOverpaying
10$1,163$1,729$566
20$4,440$6,504$2,064
30$12,717$18,362$5,645

Expense ratio

  • 0.65%BAGY, cheaper
  • 0.98%NEHI
  • Middle half of Crypto Option Income funds
  • Median 0.85%

BAGY cheapest of 21 funds

NEHI 14th cheapest of 21 funds

BAGY vs NEHI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BAGY 47.85%
NEHI No data
Payout (12M)
BAGY $9.95
NEHI No data
Last payment
BAGY $0.56
NEHI $0.76
Ex-dividend
BAGY Oct 29, 2026
NEHI Oct 21, 2026
Paid on
BAGY Oct 30, 2026
NEHI Oct 23, 2026
Frequency
BAGY Monthly
NEHI Monthly

Distribution history

Per share, 2025 to 2026, same scale for both

BAGYMonthly · 18 paymentsAll BAGY payments⁠
One bar per payment. 18 payments from 2025 to 2026 YTD. May 29, 2025 $1.46; Jun 27, 2025 $1.41; Jul 30, 2025 $1.50; Aug 28, 2025 $1.39; Sep 29, 2025 $1.53; Oct 30, 2025 $1.50; Nov 26, 2025 $1.15; Dec 30, 2025 $1.13; Jan 29, 2026 $1.14; Feb 26, 2026 $0.91; Mar 30, 2026 $0.97; Apr 29, 2026 $0.95; May 28, 2026 $0.74; Jun 29, 2026 $0.56; Jul 30, 2026 $0.58; Aug 28, 2026 $0.61; Sep 29, 2026 $0.64; Oct 29, 2026 $0.56. Use the arrow keys to read each point.$0$12026YTD
NEHIMonthly · 11 paymentsAll NEHI payments⁠
One bar per payment. 11 payments from 2025 to 2026 YTD. Dec 24, 2025 $1.41; Jan 21, 2026 $1.51; Feb 18, 2026 $0.91; Mar 18, 2026 $0.98; Apr 22, 2026 $0.98; May 20, 2026 $0.89; Jun 16, 2026 $0.69; Jul 22, 2026 $0.74; Aug 19, 2026 $0.72; Sep 16, 2026 $0.87; Oct 21, 2026 $0.76. Use the arrow keys to read each point.$0$12026YTD

BAGY vs NEHI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BAGY 36.4%since Jun 2025NEHI No data
Return per unit of riskSharpe ratio, 3 years
BAGY −0.85since Jun 2025NEHI No data
Worst fallMax drawdown, 5 years
BAGY −50.6%since May 2025NEHI No data
Market sensitivityBeta, 5 years
BAGY 1.36NEHI 0.46

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