Data as of .
KIQQ vs NLSI: which paid, and which earned it?
KIQQ and NLSI both write options for income.
What they hold in common
By the books each fund has filed, KIQQ and NLSI hold 10% of their money in the same securities at the same weight.
| Holding | KIQQ | NLSI |
|---|---|---|
| MICRON TECHNOLOGY INC | 5.14% | 14.23% |
| NVIDIA CORP | 8.90% | 3.17% |
| ADOBE INC | 0.49% | 3.37% |
| INTUIT INC | 0.40% | 2.85% |
| NXP SEMICONDUCTORS NV | 0.26% | 3.02% |
| AUTODESK INC | 0.22% | 2.40% |
| DEXCOM INC | 0.17% | 2.98% |
| Only in KIQQ | Only in NLSI |
|---|---|
| +NDXDBHIO/-FED FUNDS 100.58% | F5 Inc 3.90% |
| APPLE INC 8.20% | Progressive Corp/The 3.80% |
| MICROSOFT CORP 6.17% | Jack Henry & Associates Inc 3.32% |
| AMAZON.COM INC 4.50% | Universal Health Services Inc 3.23% |
| ADVANCED MICRO DEVICES 4.21% | Insulet Corp 3.19% |
| ALPHABET INC-CL A 3.40% | Veeva Systems Inc 3.19% |
| META PLATFORMS INC 3.31% | PTC Inc 3.18% |
| TESLA INC 3.19% | Marathon Petroleum Corp 3.13% |
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 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| KIQQ | NLSI | KIQQ | NLSI | KIQQ | NLSI | |
| 3 months | −3.2% | +15.6% | 1.9% | 1.4% | −0.7 pts | +13.3 pts |
| 6 months | +11.9% | +24.6% | 4.5% | 2.8% | −12.3 pts | +6.6 pts |
| Since launch | +6.0% | +19.3% | 5.8% | 4.0% | −9.9 pts | +7.3 pts |
| KIQQ KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF Buffer with income on QQQ, paying monthly | NLSI NEOS Long/Short Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | KraneShares | NEOS |
| Strategy | buffer with income | option income |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 6.3% | 5.1% |
| Expense ratio | 0.79% | 2.89% |
| Cash paid, 1 year | 5.8% (since launch on Jan 7, 2026) | 4.0% (since launch on Dec 10, 2025) |
| Price change, 1 year | −0.1% | +14.6% |
| Total return, 1 year | +6.0% (since launch on Jan 7, 2026) | +19.3% (since launch on Dec 10, 2025) |
| Benchmark return, 1 year | +15.9% | +12.0% |
| Ahead or behind | −9.9 pts | +7.3 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 254 days | 282 days |
| Net assets | $3m | $5m |
KIQQ in plain words
Over the period since launch on Jan 7, 2026 to Sep 18, 2026, KIQQ paid 5.8% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +6.0%. Nasdaq-100 (QQQ) returned +15.9% over the same days, so a holder was behind by 9.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, 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, KIQQ or NLSI?
- KIQQ charges 0.79% a year and NLSI charges 2.89%, so KIQQ 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, KIQQ against NLSI, data as of Sep 18, 2026. https://etfiq.com/compare/income/kiqq-vs-nlsi Free to use with attribution; the underlying files are at Open data.