Data as of .
NLSI vs ROCQ: which paid, and which earned it?
NLSI and ROCQ both write options for income.
What they hold in common
By the books each fund has filed, NLSI and ROCQ hold 12% of their money in the same securities at the same weight.
| Holding | NLSI | ROCQ |
|---|---|---|
| Micron Technology Inc | 14.23% | 6.70% |
| NVIDIA Corp | 3.17% | 8.37% |
| NXP Semiconductors NV | 3.02% | 0.98% |
| Intuit Inc | 2.85% | 0.46% |
| Mastercard Inc | 2.86% | 0.39% |
| ServiceNow Inc | 1.99% | 0.21% |
| Veeva Systems Inc | 3.19% | 0.10% |
| Only in NLSI | Only in ROCQ |
|---|---|
| F5 Inc 3.90% | Apple, Inc. 7.12% |
| Progressive Corp/The 3.80% | Alphabet, Inc. 6.30% |
| Adobe Inc 3.37% | Microsoft Corp. 5.03% |
| Jack Henry & Associates Inc 3.32% | Advanced Micro Devices, Inc. 4.74% |
| Universal Health Services Inc 3.23% | Amazon.com, Inc. 4.52% |
| Insulet Corp 3.19% | Lam Research Corp. 4.21% |
| PTC Inc 3.18% | Intel Corp. 3.58% |
| Marathon Petroleum Corp 3.13% | Walmart, Inc. 3.50% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| NLSI | ROCQ | NLSI | ROCQ | NLSI | ROCQ | |
| 3 months | +15.6% | 0.0% | 1.4% | 3.0% | +13.3 pts | +2.5 pts |
| 6 months | +24.6% | +20.0% | 2.8% | 5.9% | +6.6 pts | −4.2 pts |
| Since launch | +19.3% | +18.0% | 4.0% | 5.8% | +7.3 pts | −4.0 pts |
| NLSI NEOS Long/Short Equity Income ETF Option income on SPY, paying monthly | ROCQ JPMorgan Nasdaq Equity Premium Yield ETF Covered call on QQQ, paying monthly | |
|---|---|---|
| Issuer | NEOS | JPMorgan |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.1% | 10.6% |
| Expense ratio | 2.89% | not published |
| Cash paid, 1 year | 4.0% (since launch on Dec 10, 2025) | 5.8% (since launch on Mar 19, 2026) |
| Price change, 1 year | +14.6% | +12.0% |
| Total return, 1 year | +19.3% (since launch on Dec 10, 2025) | +18.0% (since launch on Mar 19, 2026) |
| Benchmark return, 1 year | +12.0% | +21.9% |
| Ahead or behind | +7.3 pts | −4.0 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 282 days | 183 days |
| Net assets | $5m | $629m |
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).
ROCQ in plain words
Over the period since launch on Mar 19, 2026 to Sep 18, 2026, ROCQ paid 5.8% of its starting value in cash distributions while its price rose 12.0%. With every distribution reinvested, the fund returned +18.0%. Nasdaq-100 (QQQ) returned +21.9% over the same days, so a holder was behind by 4.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.6%, paid monthly.
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, NLSI against ROCQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/nlsi-vs-rocq Free to use with attribution; the underlying files are at Open data.