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NLSI vs HYBI

Neos Long/Short Equity Income ETF vs NEOS Enhanced Income Credit Select ETF

NLSI

Neos Long/Short Equity Income ETF

Neos Funds

Annual cost

2.89%

Fund size

$2M

HYBI

NEOS Enhanced Income Credit Select ETF

Neos Funds

Annual cost

0.68%

Fund size

$218M

Key differences

  • HYBI costs 2.21% less per year.
  • HYBI is significantly larger than NLSI — larger funds tend to be more liquid and less likely to close.
  • NLSI follows a long short strategy; HYBI uses option income.

Side-by-side comparison

NLSIHYBI
Annual cost (TER)2.89%0.68%
Fund size (AUM)$2M$218M
Since20252024
Dividend yield8.37%
Asset classalternativealternative
Regionnorth americanorth america
Strategylong shortoption income
CAGR 1YN/A+8.5%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y3.27%
Max drawdown-13.82%-4.68%

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

Similar to NLSI and HYBI