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CEPI vs XBCI

REX Crypto Equity Premium Income ETF

CEPIBNasdaq

NEOS Boosted Bitcoin High Income ETF

XBCICNasdaq

Overlap

Expense ratio

CEPI −0.13pt a year

CEPI0.85%XBCI0.98%

Avg volume · 30D

XBCI 3.3×the volume

CEPI51.4KXBCI169K

CEPI vs XBCI Performance

Jul 31, 2026 – Oct 30, 2026

−3.3%CEPI+21.7%XBCI

Jul 31, 2026 to Oct 30, 2026. CEPI −3.3%. XBCI +21.7%. Use the arrow keys to read each point.10%30%40%Jul 2026Sep 2026Oct 2026
Expense ratio
CEPI 0.85%, better
XBCI 0.98%
Fund size
CEPI $119M
XBCI $232M
1Y total return
CEPI −1.8%
XBCI No data
Yield (12M)
CEPI 48.27%
XBCI No data
Holdings
CEPI 26
XBCI 5
Avg volume (30D)
CEPI 51.4K sh
XBCI 169K sh, better
NAV per share
CEPI $28.13
XBCI $34.93
52W range

ETF.net Grade

CEPI: Cost 50, Risk 88, Mission not scored, Tradability 50, Holdings 92, Durability 71. XBCI: Cost 31, Risk 63, Mission not scored, Tradability 80, Holdings 51, Durability 72.
Pillar letters and Scores for CEPI, XBCI, with each pillar’s weight
PillarCEPIXBCI
Cost30% weightC50HigherD31
Mission25% weightNot scoredNot scored
Risk15% weightA88HigherB63
Tradability15% weightC50A80Higher
Holdings10% weightA92HigherC51
Durability5% weightA71A72Higher

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. CEPI 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 ›

CEPI 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 5CYBTCRoundhill Bitcoin Covered Call Strategy ETFScore 54
  6. Rank 6CDFIIFT Vest Bitcoin Strategy & Target Income ETFScore 52
  7. Rank 6CXBCINEOS Boosted Bitcoin High Income ETFScore 52
  8. Rank 8CBTCINEOS Bitcoin High Income ETFScore 51

Our read on each fund

ETF.net Research

CEPIBREX Crypto Equity Premium Income ETF

XBCICNEOS Boosted Bitcoin High Income ETF

In short

CEPI Crypto exposure without the coins. CEPI owns a basket of miners, exchanges and digital-payment stocks, then sells options against them for income, so the sector's volatility becomes the fuel for the premium.

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

CEPI The fund seeks current income and capital appreciation, while targeting most of the returns of the S&P 500 Total Return Index with lower volatility and additional 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

  • CEPI Charges 0.85% a year, below the 0.96% median for crypto-linked income funds.
  • Spreads across roughly 80 crypto and digital-payment stocks from the BITA Crypto Assets & Digital Payments Index, rather than leaning on one bitcoin proxy.
  • Sits in the top quartile of the crypto-income group we track, one of the stronger builds in a crowded niche.
  • A plain 1940 Act fund holding stocks, not coins: no wallet, no exchange account, 1099 at tax time.
  • 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

  • CEPI Writing options for income trades away part of any big rally in crypto equities. Premium now, capped upside later.
  • A December 2024 launch that still trades lightly next to the giant income ETFs, so spreads can run wider.
  • Exposure leans on derivatives, including synthetic single-stock positions, so the options book drives results as much as the shares behind it.
  • 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 CEPI profile⁠

Full XBCI profile⁠

CEPI 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.

CEPI vs XBCI Cost

Overpaying XBCI vs CEPI

$2,163

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

  • CEPI 0.85%

    $16,199

  • XBCI 0.98%

    $18,362

$10,000
30 years

Cost over time

  • CEPI 0.85%
  • 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 $18,362CEPI $16,199

Year by year

YearCEPIXBCIOverpaying
10$1,508$1,729$221
20$5,706$6,504$798
30$16,199$18,362$2,163

Expense ratio

  • 0.85%CEPI, cheaper
  • 0.98%XBCI
  • Middle half of Crypto Option Income funds
  • Median 0.85%

CEPI 10th cheapest of 21 funds

XBCI 14th cheapest of 21 funds

CEPI vs XBCI Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CEPI 48.27%
XBCI No data
Payout (12M)
CEPI $13.03
XBCI No data
Last payment
CEPI $0.22
XBCI $1.35
Ex-dividend
CEPI Oct 28, 2026
XBCI Oct 7, 2026
Paid on
CEPI Oct 29, 2026
XBCI Oct 9, 2026
Frequency
CEPI Weekly
XBCI Monthly

Distribution history

Per share, 2026, same scale for both

CEPIWeekly · 27 paymentsAll CEPI payments⁠
One bar per payment. 27 payments in 2026 YTD. Jan 27, 2026 $1.25; Feb 24, 2026 $1.11; Mar 24, 2026 $1.06; Apr 28, 2026 $1.17; May 27, 2026 $0.28; Jun 3, 2026 $0.29; Jun 10, 2026 $0.28; Jun 17, 2026 $0.28; Jun 24, 2026 $0.28; Jul 1, 2026 $0.27; Jul 8, 2026 $0.27; Jul 15, 2026 $0.26; Jul 22, 2026 $0.26; Jul 29, 2026 $0.25; Aug 5, 2026 $0.26; Aug 12, 2026 $0.25; Aug 19, 2026 $0.26; Aug 26, 2026 $0.25; Sep 2, 2026 $0.25; Sep 9, 2026 $0.26; Sep 16, 2026 $0.25; Sep 23, 2026 $0.26; Sep 30, 2026 $0.25; Oct 7, 2026 $0.26; Oct 14, 2026 $0.25; Oct 21, 2026 $0.23; Oct 28, 2026 $0.22. Use the arrow keys to read each point.$0$12026YTD
XBCIMonthly · 9 paymentsAll XBCI payments⁠
One bar per payment. 9 payments in 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

CEPI vs XBCI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CEPI 26.0%since Jan 2025XBCI No data
Return per unit of riskSharpe ratio, 3 years
CEPI 0.41since Jan 2025XBCI No data
Worst fallMax drawdown, 5 years
CEPI −29.4%since Dec 2024XBCI No data
Market sensitivityBeta, 5 years
CEPI 1.69XBCI 1.14

CEPI and XBCI in the news

All news⁠

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