Data as of Nov 4, 2026.

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Income ETFs

NLSI vs XIJN: Dividend Yield & Total Return

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NLSI and XIJN 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 $50m on Nov 3, 2026 for FT Vest U.S. Equity Buffer & Premium Income ETF - June.

At a glance
5.0%
NLSI cash paid, since launch, Dec 10, 2025
6.9%
XIJN cash paid, 1 year
+17.7%
NLSI total return, since launch, Dec 10, 2025
+6.8%
XIJN total return, 1 year
NLSI · since launch to Nov 4, 2026 5 pts ahead of SPY
NLSI
+17.7%
SPY
+12.7%

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.
XIJN · 1 year to Nov 4, 2026 8 pts behind VOO
XIJN
+6.8%
VOO
+14.8%

8 pts behind VOO

XIJN over 1 year: paid 6.9%, price −0.3%, total +6.8%, VOO +14.8%, −8.0 pts. Data to Nov 4, 2026.

VOO

+14.8%

XIJN

+6.8%

6.9% of it arrived as cash

8 pts behind VOO

Total return, distributions reinvested

8 pts behind VOO

XIJN over 1 year: paid 6.9%, price −0.3%, total +6.8%, VOO +14.8%, −8.0 pts. Data to Nov 4, 2026.

VOO

+14.8%

XIJN

+6.8%

8 pts behind VOO

6.9% of it arrived as cash. Both charts share one scale, with zero at the line. XIJN over 1 year: paid 6.9%, price −0.3%, total +6.8%, VOO +14.8%, −8.0 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

XIJN costs 2.04 points a year less; XIJN is 9.4 times larger.

Points (pts) are percentage points.

NLSI vs XIJN: Dividend Yield & Total Return
MeasureNLSIXIJN
Paid and earned
Total return, 1 yearnot published+6.8%
Price changerose 12.0% (since Dec 10, 2025)fell 0.3% (1 year)
Return of capital, issuer estimate100% of the Oct 30, 2026 payment95% of the Nov 3, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYVanguard S&P 500 ETF, measured through VOO
Against its benchmark, same daysahead by 5.0 ptsbehind by 8.0 pts
Cost and size
Expense ratio2.89%0.85%
Net assets, as of Oct 28, 2026$5.3m$50m
Holdings
Holdings in common0%

Method

What they share

0%

By the books each fund has filed, NLSI and XIJN hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first NLSI XIJN
Only in one fund ↓
Only in NLSI
Micron Technology Inc 12.00%
Marathon Petroleum Corp 5.94%
Valero Energy Corp 5.14%
Chevron Corp 4.51%
Intuit Inc 4.45%
Walt Disney Co 4.42%
Phillips 66 4.39%
Comfort Systems USA Inc 4.30%
Only in XIJN
2027-06-17 State Street® SPDR® S&P 500® ETF Trust C 0.07 100.31%
2027-06-17 State Street® SPDR® S&P 500® ETF Trust P 746.73 3.98%
2027-06-17 State Street® SPDR® S&P 500® ETF Trust P 672.06 -1.97%
2027-06-17 State Street® SPDR® S&P 500® ETF Trust C 746.73 -7.46%
Check overlap with more funds →

Side by side

NLSI NEOS Long/Short Equity Income ETF · Option income on SPY, paying monthly XIJN FT Vest U.S. Equity Buffer & Premium Income ETF - June · Buffer with income on VOO, paying monthly
Strategy option income buffer with income
Benchmark S&P 500 (SPY) Vanguard S&P 500 ETF (VOO)
Pays monthly monthly
Payout rate, annualized 5.6% 6.7%
Expense ratio 2.89% 0.85%
Cash paid, 1 year 5.0% (since launch, Dec 10, 2025) 6.9%
Price change, 1 year +12.0% (since launch, Dec 10, 2025) −0.3%
Total return, 1 year +17.7% (since launch, Dec 10, 2025) +6.8%
Benchmark return, 1 year +12.7% (since launch, Dec 10, 2025) +14.8%
Ahead or behind +5.0 pts (since launch, Dec 10, 2025) −8.0 pts
Return of capital, latest estimate 100% 95%
Age 329 days 2.4 years
Net assets, NLSI as of Oct 28, 2026 and XIJN as of Nov 3, 2026 $5.3m $50m

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

Window by window: NLSI vs XIJN: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowNLSIXIJNNLSIXIJNNLSIXIJN
3 months+6.7%+1.4%1.4%1.7%+6.9 pts+1.6 pts
6 months+21.4%+3.2%3.0%3.4%+16.4 pts−1.8 pts
1 year–+6.8%–6.9%–−8.0 pts
Since launchNot the same days: NLSI Dec 2025 · XIJN Jun 2024+17.7%+17.7%5.0%15.8%+4.9 pts−27.5 pts

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About each fund
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.

XIJN

Over the year to Nov 4, 2026, XIJN paid 6.9% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +6.8%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 8.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.7%, paid monthly. First Trust estimates that 95% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, NLSI or XIJN?
NLSI charges 2.89% a year and XIJN charges 0.85%, so XIJN is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, NLSI against XIJN, data as of Nov 4, 2026. https://etfiq.com/compare/income/nlsi-vs-xijn

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