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Data as of .

DIVO vs NLSI: which paid, and which earned it?

DIVO and NLSI both write options for income.

Amplify CWP Enhanced Dividend Income ETF and NEOS Long/Short Equity Income ETF.

6.8%DIVO cash paid, 1 year
4.0%NLSI cash paid, 1 year
+14.6%DIVO total return, 1 year
+19.3%NLSI total return, 1 year
DIVO2 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%DIVO+14.6%6.8% of it arrived as cash2 pts behind SPYTotal return, distributions reinvestedSPY+16.6%DIVO+14.6%2 pts behind SPY
NLSI7.3 pts ahead of SPY · since launch to Sep 18, 2026
SPY+12.0%NLSI+19.3%4.0% as cash7.3 pts ahead of SPYTotal return, distributions reinvestedSPY+12.0%NLSI+19.3%7.3 pts ahead of SPY

What they hold in common

By the books each fund has filed, DIVO and NLSI hold 8% of their money in the same securities at the same weight.

Positions DIVO and NLSI both hold, largest shared weight first
HoldingDIVONLSI
NVIDIA Corp3.97%3.17%
Marathon Petroleum Corp2.30%3.13%
CME Group Inc3.14%2.28%
Only in each
Only in DIVOOnly in NLSI
Microsoft Corp 5.97%Micron Technology Inc 14.23%
Apple Inc 5.49%F5 Inc 3.90%
Caterpillar Inc 5.34%Progressive Corp/The 3.80%
Visa Inc 5.15%Adobe Inc 3.37%
Invesco Government & Agency Portfolio 12/31/2031 5.02%Jack Henry & Associates Inc 3.32%
JPMORGAN CHASE & CO. 4.90%Universal Health Services Inc 3.23%
Goldman Sachs Group Inc/The 4.76%Insulet Corp 3.19%
Amgen Inc 4.74%Veeva Systems Inc 3.19%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 21, 2026.

Performance, window by window

DIVO and NLSI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DIVONLSIDIVONLSIDIVONLSI
3 months+4.5%+15.6%1.2%1.4%+2.3 pts+13.3 pts
6 months+9.4%+24.6%2.5%2.8%−8.6 pts+6.6 pts
1 year+14.6%not published6.8%not published−2.0 ptsnot published
3 years+56.1%not published19.1%not published−22.3 ptsnot published
Since launch+218.8%+19.3%72.4%4.0%−76.3 pts+7.3 pts
Open the live comparison on ETFIQ
DIVO and NLSI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
DIVO
Amplify CWP Enhanced Dividend Income ETF
Dividend stocks with call overlay on SPY, paying monthly
NLSI
NEOS Long/Short Equity Income ETF
Option income on SPY, paying monthly
IssuerAmplifyNEOS
Strategydividend stocks with call overlayoption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as a default proxy
Paysmonthlymonthly
Payout rate, annualized4.9%5.1%
Expense ratio0.56%2.89%
Cash paid, 1 year6.8%4.0% (since launch on Dec 10, 2025)
Price change, 1 year+7.3%+14.6%
Total return, 1 year+14.6%+19.3% (since launch on Dec 10, 2025)
Benchmark return, 1 year+16.6%+12.0%
Ahead or behind−2.0 pts+7.3 pts
Return of capital, latest estimatenot published100%
Age3565 days282 days
Net assets$7.8bn$5m

DIVO in plain words

Over the year to Sep 18, 2026, DIVO paid 6.8% of its starting value in cash distributions while its price rose 7.3%. With every distribution reinvested, the fund returned +14.6%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.9%, paid monthly.

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, DIVO or NLSI?
DIVO charges 0.56% a year and NLSI charges 2.89%, so DIVO 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.

DIVO against NLSI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DIVO against NLSI, data as of Sep 18, 2026. https://etfiq.com/compare/income/divo-vs-nlsi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources