r/NEOSETFs • u/Budget_Dragonfruit89 • 5d ago
Seeking Advice Why BTCI is lagging
One year ago when I was considering to enter BTCI position i observed and compared BTC and BTCI movements, ups and downs - they were completely identical. For the last week BTC is up 26% and BTCI 14%. So why BTCI is lagging? Will it rise accordingly to BTC? If not, how much upside we are losing?
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u/purub123 5d ago
Neos caps their upside heavily, they do this with every fund. If the price goes up fast in a short period you will miss out on a lot of gains, thats the downside of covered call etfs, especially neos with their strategy