Data as of .
NLSI vs YLDE: which paid, and which earned it?
NLSI and YLDE both write options for income.
What they hold in common
By the books each fund has filed, NLSI and YLDE hold 4% of their money in the same securities at the same weight.
| Holding | NLSI | YLDE |
|---|---|---|
| NVIDIA Corp | 3.17% | 3.03% |
| Capital One Financial Corp | 3.03% | 1.34% |
| Only in NLSI | Only in YLDE |
|---|---|
| Micron Technology Inc 14.23% | WILLIAMS COMPANIES INC (THE) 4.63% |
| F5 Inc 3.90% | EXXONMOBIL HOLDINGS CORP 4.05% |
| Progressive Corp/The 3.80% | ALPHABET INC 3.60% |
| Adobe Inc 3.37% | NESTLE' SA/AG 2.94% |
| Jack Henry & Associates Inc 3.32% | AIR PRODUCTS AND CHEMICALS INC 2.83% |
| Universal Health Services Inc 3.23% | APOLLO GLOBAL MANAGEMENT INC 2.78% |
| Insulet Corp 3.19% | MICROSOFT CORP 2.67% |
| Veeva Systems Inc 3.19% | UNILEVER PLC 2.64% |
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 | YLDE | NLSI | YLDE | NLSI | YLDE | |
| 3 months | +15.6% | +2.5% | 1.4% | 2.3% | +13.3 pts | +0.3 pts |
| 6 months | +24.6% | +8.4% | 2.8% | 4.1% | +6.6 pts | −9.6 pts |
| 1 year | not published | +10.5% | not published | 7.6% | not published | −6.0 pts |
| 3 years | not published | +51.1% | not published | 16.8% | not published | −27.3 pts |
| Since launch | +19.3% | +181.4% | 4.0% | 42.1% | +7.3 pts | −86.6 pts |
| NLSI NEOS Long/Short Equity Income ETF Option income on SPY, paying monthly | YLDE Franklin ClearBridge Enhanced Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | NEOS | Franklin |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.1% | 7.0% |
| Expense ratio | 2.89% | 0.48% |
| Cash paid, 1 year | 4.0% (since launch on Dec 10, 2025) | 7.6% |
| Price change, 1 year | +14.6% | +2.6% |
| Total return, 1 year | +19.3% (since launch on Dec 10, 2025) | +10.5% |
| Benchmark return, 1 year | +12.0% | +16.6% |
| Ahead or behind | +7.3 pts | −6.0 pts |
| Return of capital, latest estimate | 100% | not published |
| Age | 282 days | 3405 days |
| Net assets | $5m | $170m |
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).
YLDE in plain words
Over the year to Sep 18, 2026, YLDE paid 7.6% of its starting value in cash distributions while its price rose 2.6%. With every distribution reinvested, the fund returned +10.5%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 6.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.0%, paid monthly.
Questions people ask
- Which is cheaper, NLSI or YLDE?
- NLSI charges 2.89% a year and YLDE charges 0.48%, so YLDE 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, NLSI against YLDE, data as of Sep 18, 2026. https://etfiq.com/compare/income/nlsi-vs-ylde Free to use with attribution; the underlying files are at Open data.