Data as of .
CDPI vs NLSI: which paid, and which earned it?
CDPI and NLSI both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CDPI | NLSI | CDPI | NLSI | CDPI | NLSI | |
| 3 months | not published | +15.6% | not published | 1.4% | not published | +13.3 pts |
| 6 months | not published | +24.6% | not published | 2.8% | not published | +6.6 pts |
| Since launch | +0.5% | +19.3% | 0.7% | 4.0% | −4.1 pts | +7.3 pts |
| CDPI Columbia High Dividend Premium Income ETF Covered call on SCHD | NLSI NEOS Long/Short Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Columbia | NEOS |
| Strategy | covered call | option income |
| Benchmark | US dividend stocks (SCHD), used as the dividend proxy | S&P 500 (SPY), used as a default proxy |
| Pays | not established | monthly |
| Payout rate, annualized | 8.2% | 5.1% |
| Expense ratio | 0.45% | 2.89% |
| Cash paid, 1 year | 0.7% (since launch on Jul 14, 2026) | 4.0% (since launch on Dec 10, 2025) |
| Price change, 1 year | −0.2% | +14.6% |
| Total return, 1 year | +0.5% (since launch on Jul 14, 2026) | +19.3% (since launch on Dec 10, 2025) |
| Benchmark return, 1 year | +4.6% | +12.0% |
| Ahead or behind | −4.1 pts | +7.3 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 66 days | 282 days |
| Net assets | not published | $5m |
CDPI in plain words
Over the period since launch on Jul 14, 2026 to Sep 18, 2026, CDPI paid 0.7% of its starting value in cash distributions while its price fell 0.2%. With every distribution reinvested, the fund returned +0.5%. US dividend stocks (SCHD), used as the dividend proxy returned +4.6% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.2%, paid periodically.
NLSI in plain words
Over the period since launch on Dec 10, 2025 to Sep 18, 2026, NLSI paid 4.0% of its starting value in cash distributions while its price rose 14.6%. With every distribution reinvested, the fund returned +19.3%. S&P 500 (SPY), used as a default proxy returned +12.0% over the same days, so a holder was ahead by 7.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.1%, paid monthly. NEOS estimates that 100% of the distribution paid Jul 31, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, CDPI or NLSI?
- CDPI charges 0.45% a year and NLSI charges 2.89%, so CDPI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CDPI against NLSI, data as of Sep 18, 2026. https://etfiq.com/compare/income/cdpi-vs-nlsi Free to use with attribution; the underlying files are at Open data.