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BAGY vs XBCI

Amplify Bitcoin Max Income Covered Call ETF

BAGYBCboe

NEOS Boosted Bitcoin High Income ETF

XBCICNasdaq

Overlap

Expense ratio

BAGY −0.33pt a year

BAGY0.65%XBCI0.98%

Avg volume · 30D

XBCI 39.5×the volume

BAGY4.27KXBCI169K

BAGY vs XBCI Performance

Jul 31, 2026 – Oct 30, 2026

+0.7%BAGY+21.7%XBCI

Jul 31, 2026 to Oct 30, 2026. BAGY +0.7%. XBCI +21.7%. Use the arrow keys to read each point.10%30%40%Jul 2026Sep 2026Oct 2026
Expense ratio
BAGY 0.65%, better
XBCI 0.98%
Fund size
BAGY $9M
XBCI $232M
1Y total return
BAGY −39.2%
XBCI No data
Yield (12M)
BAGY 47.85%
XBCI No data
Holdings
BAGY 4
XBCI 5
Avg volume (30D)
BAGY 4.27K sh
XBCI 169K sh, better
NAV per share
BAGY $20.12
XBCI $34.93
52W range

ETF.net Grade

BAGY: Cost 90, Risk 36, Mission not scored, Tradability 58, Holdings 46, Durability 54. XBCI: Cost 31, Risk 63, Mission not scored, Tradability 80, Holdings 51, Durability 72.
Pillar letters and Scores for BAGY, XBCI, with each pillar’s weight
PillarBAGYXBCI
Cost30% weightA90HigherD31
Mission25% weightNot scoredNot scored
Risk15% weightD36B63Higher
Tradability15% weightB58A80Higher
Holdings10% weightC46C51Higher
Durability5% weightC54A72Higher

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 XBCI 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 XBCI 6th 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 6CDFIIFT Vest Bitcoin Strategy & Target Income ETFScore 52
  6. Rank 6CXBCINEOS Boosted Bitcoin High Income ETFScore 52
  7. Rank 8CBTCINEOS Bitcoin High Income ETFScore 51

Our read on each fund

ETF.net Research

BAGYBAmplify Bitcoin Max Income Covered Call ETF

XBCICNEOS Boosted Bitcoin 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.

XBCI Take NEOS's bitcoin covered-call playbook and turn the dial up. XBCI uses leverage to run roughly 150% of BTCI's strategies, boosting both the bitcoin exposure and the option premium behind a monthly payout. Amplified income, amplified swings.

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.

XBCI The Fund seeks boosted performance through high monthly income and potential appreciation from exposure to exchange-traded products that directly hold Bitcoin. It uses Bitcoin ETPs, synthetic options exposure, call-writing, and leverage, and does not invest directly in Bitcoin.

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.
  • XBCI One dial, turned up: the fund targets about 150% of BTCI's underlying strategies, boosting both the bitcoin exposure and the call premium behind its monthly distribution.neosfunds.com
  • Exposure comes from spot bitcoin ETPs and options rather than coins, with calls written on top and the premium designed to fund monthly income.neosfunds.com
  • Moderately traded for such a specialized product, and it lands in the upper half of a crowded bitcoin options-income field.

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.
  • XBCI Leverage cuts both ways: roughly 150% exposure magnifies bitcoin's drawdowns, and the calls sold for income trim participation in sharp rallies.neosfunds.com
  • The 0.98% fee sits near the middle of its peer group, above cheaper crypto-income options such as CEPI (0.85%) and SPBC (0.54%).
  • Part of each monthly payout can be return of capital (your own money coming back), and with a 2026 launch the track record is short.neosfunds.com

Full BAGY profile⁠

Full XBCI profile⁠

BAGY vs XBCI 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 XBCI Cost

Overpaying XBCI vs BAGY

$5,645

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

  • BAGY 0.65%

    $12,717

  • XBCI 0.98%

    $18,362

$10,000
30 years

Cost over time

  • BAGY 0.65%
  • XBCI 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$20K051015202530XBCI $18,362BAGY $12,717

Year by year

YearBAGYXBCIOverpaying
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%XBCI
  • Middle half of Crypto Option Income funds
  • Median 0.85%

BAGY cheapest of 21 funds

XBCI 14th cheapest of 21 funds

BAGY vs XBCI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
BAGY 47.85%
XBCI No data
Payout (12M)
BAGY $9.95
XBCI No data
Last payment
BAGY $0.56
XBCI $1.35
Ex-dividend
BAGY Oct 29, 2026
XBCI Oct 7, 2026
Paid on
BAGY Oct 30, 2026
XBCI Oct 9, 2026
Frequency
BAGY Monthly
XBCI 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
XBCIMonthly · 9 paymentsAll XBCI payments⁠
One bar per payment. 9 payments from 2025 to 2026 YTD. Feb 4, 2026 $1.60; Mar 4, 2026 $1.36; Apr 8, 2026 $1.35; May 6, 2026 $1.57; Jun 3, 2026 $1.32; Jul 8, 2026 $1.05; Aug 5, 2026 $1.03; Sep 2, 2026 $1.25; Oct 7, 2026 $1.35. Use the arrow keys to read each point.$0$12026YTD

BAGY vs XBCI 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 2025XBCI No data
Return per unit of riskSharpe ratio, 3 years
BAGY −0.85since Jun 2025XBCI No data
Worst fallMax drawdown, 5 years
BAGY −50.6%since May 2025XBCI No data
Market sensitivityBeta, 5 years
BAGY 1.36XBCI 1.14

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