Data as of Nov 4, 2026.
NLSI vs SDTY: Dividend Yield & Total Return
NLSI and SDTY both write options for income.
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Net assets: $5.3m on Oct 28, 2026 for NEOS Long/Short Equity Income ETF, and $40m on Nov 3, 2026 for YieldMax S&P 500 0DTE Covered Call Strategy ETF.
5 pts ahead of SPY
NLSI since launch: paid 5.0%, price +12.0%, total +17.7%, SPY +12.7%, +5.0 pts. Data to Nov 4, 2026.
SPY
+12.7%
NLSI
+17.7%
5.0% as cash
5 pts ahead of SPY
Total return, distributions reinvested
5 pts ahead of SPY
NLSI since launch: paid 5.0%, price +12.0%, total +17.7%, SPY +12.7%, +5.0 pts. Data to Nov 4, 2026.
SPY
+12.7%
NLSI
+17.7%
5 pts ahead of SPY
5.0% of it arrived as cash. Total return, distributions reinvested. NLSI since launch: paid 5.0%, price +12.0%, total +17.7%, SPY +12.7%, +5.0 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.About even with VOO
SDTY over 1 year: paid 24.9%, price −12.3%, total +14.7%, VOO +14.8%, −0.1 pts. Data to Nov 4, 2026.
VOO
+14.8%
SDTY
+14.7%
24.9% of it arrived as cash
about even with VOO
Total return, distributions reinvested
About even with VOO
SDTY over 1 year: paid 24.9%, price −12.3%, total +14.7%, VOO +14.8%, −0.1 pts. Data to Nov 4, 2026.
VOO
+14.8%
SDTY
+14.7%
24.9% as cash
about even with VOO
24.9% of it arrived as cash. Both charts share one scale, with zero at the line. SDTY over 1 year: paid 24.9%, price −12.3%, total +14.7%, VOO +14.8%, −0.1 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
SDTY costs 1.81 points a year less; SDTY is 7.7 times larger.
Points (pts) are percentage points.
| Measure | NLSI | SDTY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +14.7% |
| Price change | rose 12.0% (since Dec 10, 2025) | fell 12.3% (1 year) |
| Return of capital, issuer estimate | 100% of the Oct 30, 2026 payment | |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | Vanguard S&P 500 ETF, measured through VOO |
| Against its benchmark, same days | ahead by 5.0 pts | |
| Cost and size | ||
| Expense ratio | 2.89% | 1.08% |
| Net assets, as of Oct 28, 2026 | $5.3m | $41m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, NLSI and SDTY hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | NLSI | SDTY | NLSI | SDTY | NLSI | SDTY |
| 3 months | +6.7% | +1.2% | 1.4% | 5.4% | +6.9 pts | +1.4 pts |
| 6 months | +21.4% | +6.6% | 3.0% | 11.7% | +16.4 pts | +1.5 pts |
| 1 year | – | +14.7% | – | 24.9% | – | −0.1 pts |
| Since launchNot the same days: NLSI Dec 2025 · SDTY Feb 2025 | +17.7% | +23.8% | 5.0% | 37.8% | +4.9 pts | −5.3 pts |
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NLSI
Over the period from its first trade on Dec 10, 2025 to Nov 4, 2026, NLSI paid 5.0% of its starting value in cash distributions while its price rose 12.0%. With every distribution reinvested, the fund returned +17.7%. S&P 500 (SPY) returned +12.7% over the same days, so a holder was ahead by 5.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.6%, paid monthly. NEOS estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
SDTY
Over the year to Nov 4, 2026, SDTY paid 24.9% of its starting value in cash distributions while its price fell 12.3%. With every distribution reinvested, the fund returned +14.7%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 23.2%, paid weekly.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, NLSI against SDTY, data as of Nov 4, 2026. https://etfiq.com/compare/income/nlsi-vs-sdty
ETFIQ. (Nov 4, 2026). NLSI against SDTY. Retrieved from https://etfiq.com/compare/income/nlsi-vs-sdty
[NLSI against SDTY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/nlsi-vs-sdty)
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