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CEPI vs YBIT

REX Crypto Equity Premium Income ETF

CEPIBNasdaq

YieldMax Bitcoin Option Income Strategy ETF

YBITDNYSE Arca

Overlap

Expense ratio

CEPI −0.17pt a year

CEPI0.85%YBIT1.02%

Avg volume · 30D

CEPI 1.6×the volume

CEPI51.4KYBIT31.6K

CEPI vs YBIT Performance

Oct 31, 2025 – Oct 30, 2026

−1.8%CEPI−28.1%YBIT

Oct 31, 2025 to Oct 30, 2026. CEPI −1.8%. YBIT −28.1%. Use the arrow keys to read each point.−40%−20%−10%10%Oct 2025Apr 2026Oct 2026
Expense ratio
CEPI 0.85%, better
YBIT 1.02%
Fund size
CEPI $119M
YBIT $59M
1Y total return
CEPI −1.8%, better
YBIT −28.1%
Yield (12M)
CEPI 48.27%
YBIT 68.65%, better
Holdings
CEPI 26
YBIT 10
Avg volume (30D)
CEPI 51.4K sh, better
YBIT 31.6K sh
NAV per share
CEPI $28.13
YBIT $18.88
52W range

ETF.net Grade

CEPI: Cost 50, Risk 88, Mission not scored, Tradability 50, Holdings 92, Durability 71. YBIT: Cost 17, Risk 49, Mission 70, Tradability 52, Holdings not scored, Durability 69.
Pillar letters and Scores for CEPI, YBIT, with each pillar’s weight
PillarCEPIYBIT
Cost30% weightC50HigherF17
Mission25% weightNot scoredA70
Risk15% weightA88HigherC49
Tradability15% weightC50C52Higher
Holdings10% weightA92Not scored
Durability5% weightA71HigherB69

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 YBIT 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 YBIT 18th 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 12CSOLMAmplify Solana 3% Monthly Option Income ETFScore 40
  7. Rank 18DYBITYieldMax Bitcoin Option Income Strategy ETFScore 36
  8. Rank 19DXBTYGraniteShares YieldBOOST Bitcoin ETFScore 33

Our read on each fund

ETF.net Research

CEPIBREX Crypto Equity Premium Income ETF

YBITDYieldMax Bitcoin Option Income Strategy 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.

YBIT Bitcoin income without the coins. It sells call spreads on a spot bitcoin ETF, aiming to turn crypto's volatility into weekly income. The spread, not a plain covered call, is the signature move: the ceiling is a band, not a lid.

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.

YBIT The fund seeks weekly current income by selling call spreads on the iShares Bitcoin Trust ETF (IBIT), while retaining exposure to that underlying's price movements.

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.
  • YBIT Sells call spreads rather than plain covered calls, so upside is given away inside a band and participation picks back up above the upper strike.yieldmaxetfs.com
  • Bitcoin-linked exposure through options on the iShares Bitcoin Trust ETF inside a 1940 Act fund. No wallet, no keys, no crypto exchange account.yieldmaxetfs.com
  • Income is premium-driven and paid on a weekly cadence, with no fixed payout rate declared. The premium harvested rises and falls with bitcoin's volatility.yieldmaxetfs.com
  • Launched in 2024, one of the earlier options-income funds written directly on a spot bitcoin ETF rather than on futures.

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.
  • YBIT The 1.02% expense ratio sits above several crypto-income peers, including BAGY at 0.65% and CEPI at 0.85%.
  • One reference, one risk: the entire strategy rides on a single bitcoin ETP, with no diversification to cushion it.
  • A small fund that trades lightly, so bid-ask spreads can be wider than in the big option-income names. Limit orders matter here.

Full CEPI profile⁠

Full YBIT profile⁠

CEPI vs YBIT 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 YBIT Cost

Overpaying YBIT vs CEPI

$2,813

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

  • CEPI 0.85%

    $16,199

  • YBIT 1.02%

    $19,012

$10,000
30 years

Cost over time

  • CEPI 0.85%
  • YBIT 1.02%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530YBIT $19,012CEPI $16,199

Year by year

YearCEPIYBITOverpaying
10$1,508$1,797$289
20$5,706$6,746$1,040
30$16,199$19,012$2,813

Expense ratio

  • 0.85%CEPI, cheaper
  • 1.02%YBIT
  • Middle half of Crypto Option Income funds
  • Median 0.85%

CEPI 10th cheapest of 21 funds

YBIT 17th cheapest of 21 funds

CEPI vs YBIT Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
CEPI 48.27%
YBIT 68.65%, better
Payout (12M)
CEPI $13.03
YBIT $13.01
Last payment
CEPI $0.22
YBIT $0.16
Ex-dividend
CEPI Oct 28, 2026
YBIT Oct 29, 2026
Paid on
CEPI Oct 29, 2026
YBIT Oct 30, 2026
Frequency
CEPI Weekly
YBIT Weekly

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
YBITWeekly · 44 paymentsAll YBIT payments⁠
One bar per payment. 44 payments in 2026 YTD. Jan 2, 2026 $0.28; Jan 8, 2026 $0.31; Jan 15, 2026 $0.24; Jan 22, 2026 $0.34; Jan 29, 2026 $0.25; Feb 5, 2026 $0.24; Feb 12, 2026 $0.22; Feb 19, 2026 $0.24; Feb 26, 2026 $0.25; Mar 5, 2026 $0.30; Mar 12, 2026 $0.32; Mar 19, 2026 $0.38; Mar 26, 2026 $0.27; Apr 2, 2026 $0.26; Apr 9, 2026 $0.27; Apr 16, 2026 $0.28; Apr 23, 2026 $0.27; Apr 30, 2026 $0.33; May 7, 2026 $0.32; May 14, 2026 $0.24; May 21, 2026 $0.18; May 28, 2026 $0.19; Jun 4, 2026 $0.16; Jun 11, 2026 $0.15; Jun 18, 2026 $0.15; Jun 25, 2026 $0.14; Jul 2, 2026 $0.15; Jul 9, 2026 $0.17; Jul 16, 2026 $0.18; Jul 23, 2026 $0.19; Jul 30, 2026 $0.19; Aug 6, 2026 $0.17; Aug 13, 2026 $0.14; Aug 20, 2026 $0.12; Aug 27, 2026 $0.27; Sep 3, 2026 $0.26; Sep 10, 2026 $0.31; Sep 17, 2026 $0.27; Sep 24, 2026 $0.19; Oct 1, 2026 $0.16; Oct 8, 2026 $0.17; Oct 15, 2026 $0.16; Oct 22, 2026 $0.16; Oct 29, 2026 $0.16. Use the arrow keys to read each point.$0$12026YTD

CEPI vs YBIT 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 2025YBIT 35.9%since May 2024
Return per unit of riskSharpe ratio, 3 years
CEPI 0.41since Jan 2025YBIT −0.01since May 2024
Worst fallMax drawdown, 5 years
CEPI −29.4%since Dec 2024YBIT −47.2%since Apr 2024
Market sensitivityBeta, 5 years
CEPI 1.69YBIT 1.02

CEPI and YBIT in the news

All news⁠

Popular comparisons

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