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ETFIQetfiq.com · independent ETF data

Data as of .

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

HJAN and NLSI both write options for income.

Innovator Premium Income 9 Buffer ETF - January and NEOS Long/Short Equity Income ETF.

0.0%HJAN cash paid, 1 year
4.0%NLSI cash paid, 1 year
0.0%HJAN total return, 1 year
+19.3%NLSI total return, 1 year
HJAN0.8 pts behind SPY · since launch to Sep 18, 2026
SPY+0.8%HJAN0.0%0.8 pts behind SPYTotal return, distributions reinvestedSPY+0.8%HJAN0.0%0.8 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

Performance, window by window

HJAN and NLSI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
HJANNLSIHJANNLSIHJANNLSI
3 monthsnot published+15.6%not published1.4%not published+13.3 pts
6 monthsnot published+24.6%not published2.8%not published+6.6 pts
Since launch0.0%+19.3%0.0%4.0%−0.8 pts+7.3 pts
Open the live comparison on ETFIQ
HJAN and NLSI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
HJAN
Innovator Premium Income 9 Buffer ETF - January
Buffer with income on SPY
NLSI
NEOS Long/Short Equity Income ETF
Option income on SPY, paying monthly
IssuerInnovatorNEOS
Strategybuffer with incomeoption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as a default proxy
Paysnot establishedmonthly
Payout rate, annualizednot published5.1%
Expense ratio0.79%2.89%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)4.0% (since launch on Dec 10, 2025)
Price change, 1 year0.0%+14.6%
Total return, 1 year0.0% (since launch on Sep 10, 2026)+19.3% (since launch on Dec 10, 2025)
Benchmark return, 1 year+0.8%+12.0%
Ahead or behind−0.8 pts+7.3 pts
Return of capital, latest estimatenot published100%
Age8 days282 days
Net assetsnot published$5m

HJAN in plain words

Over the period since launch on Sep 10, 2026 to Sep 18, 2026, HJAN paid 0.0% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned 0.0%. S&P 500 (SPY) returned +0.8% over the same days, so a holder was behind by 0.8 pts.

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, HJAN or NLSI?
HJAN charges 0.79% a year and NLSI charges 2.89%, so HJAN 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.

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

How every figure is computed · Standards and sources