Data as of .
NLSI vs SIOO: which paid, and which earned it?
NLSI and SIOO both write options for income.
What they hold in common
By the books each fund has filed, NLSI and SIOO hold 7% of their money in the same securities at the same weight.
| Holding | NLSI | SIOO |
|---|---|---|
| NVIDIA Corp | 3.17% | 9.83% |
| Micron Technology Inc | 14.23% | 2.37% |
| Mastercard Inc | 2.86% | 0.97% |
| ServiceNow Inc | 1.99% | 0.31% |
| Capital One Financial Corp | 3.03% | 0.27% |
| Adobe Inc | 3.37% | 0.21% |
| Intuit Inc | 2.85% | 0.19% |
| Only in NLSI | Only in SIOO |
|---|---|
| F5 Inc 3.90% | Apple Inc 9.24% |
| Progressive Corp/The 3.80% | United States Treasury Bill 12/10/2026 7.85% |
| Jack Henry & Associates Inc 3.32% | Microsoft Corp 5.91% |
| Universal Health Services Inc 3.23% | Amazon.com Inc 4.41% |
| Insulet Corp 3.19% | Alphabet Inc 3.62% |
| Veeva Systems Inc 3.19% | Broadcom Inc 3.57% |
| PTC Inc 3.18% | Meta Platforms Inc 3.12% |
| Marathon Petroleum Corp 3.13% | Tesla Inc 2.23% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| NLSI | SIOO | NLSI | SIOO | NLSI | SIOO | |
| 3 months | +15.6% | +4.0% | 1.4% | 3.7% | +13.3 pts | +0.7 pts |
| 6 months | +24.6% | +14.3% | 2.8% | 7.9% | +6.6 pts | −5.8 pts |
| Since launch | +19.3% | +10.8% | 4.0% | 11.1% | +7.3 pts | −0.2 pts |
| NLSI NEOS Long/Short Equity Income ETF Option income on SPY, paying monthly | SIOO VistaShares Target 15 S&P 100 Distribution ETF Covered call on OEF, paying monthly | |
|---|---|---|
| Issuer | NEOS | VistaShares |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 100 (OEF) |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.1% | 15.1% |
| Expense ratio | 2.89% | not published |
| Cash paid, 1 year | 4.0% (since launch on Dec 10, 2025) | 11.1% (since launch on Dec 11, 2025) |
| Price change, 1 year | +14.6% | −1.1% |
| Total return, 1 year | +19.3% (since launch on Dec 10, 2025) | +10.8% (since launch on Dec 11, 2025) |
| Benchmark return, 1 year | +12.0% | +11.0% |
| Ahead or behind | +7.3 pts | −0.2 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 282 days | 281 days |
| Net assets | $5m | $21m |
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).
SIOO in plain words
Over the period since launch on Dec 11, 2025 to Sep 18, 2026, SIOO paid 11.1% of its starting value in cash distributions while its price fell 1.1%. With every distribution reinvested, the fund returned +10.8%. S&P 100 (OEF) returned +11.0% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 15.1%, 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 SIOO, data as of Sep 18, 2026. https://etfiq.com/compare/income/nlsi-vs-sioo Free to use with attribution; the underlying files are at Open data.