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NLSI vs BNDI

Neos Long/Short Equity Income ETF vs Neos Enhanced Income Aggregate Bond ETF

NLSI

Neos Long/Short Equity Income ETF

Neos Funds

Annual cost

2.89%

Fund size

$2M

BNDI

Neos Enhanced Income Aggregate Bond ETF

Neos Funds

Annual cost

0.58%

Fund size

$169M

Key differences

  • BNDI costs 2.31% less per year.
  • BNDI is significantly larger than NLSI — larger funds tend to be more liquid and less likely to close.
  • NLSI follows a long short strategy; BNDI uses option income.

Side-by-side comparison

NLSIBNDI
Annual cost (TER)2.89%0.58%
Fund size (AUM)$2M$169M
Since20252022
Dividend yield5.75%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortoption income
CAGR 1YN/A+7.8%
CAGR 3YN/A+4.9%
CAGR 5YN/AN/A
Sharpe 3YN/A0.26
Volatility 1Y4.22%
Max drawdown-13.82%-6.98%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to NLSI and BNDI