Data as of Nov 4, 2026.
NLSI vs YSPC: Dividend Yield & Total Return
NLSI and YSPC 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 $42m on Nov 3, 2026 for YieldMax SPCX Option Income 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, 2026.2.6 pts behind SPCX
YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.
SPCX
+0.5%
YSPC
−2.1%
2.6 pts behind SPCX
Total return, distributions reinvested
2.6 pts behind SPCX
YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.
SPCX
+0.5%
YSPC
−2.1%
2.6 pts behind SPCX
16.7% of it arrived as cash. Both charts share one scale, with zero at the line. YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
YSPC costs 1.88 points a year less; YSPC is 7.9 times larger.
Points (pts) are percentage points.
| Measure | NLSI | YSPC |
|---|---|---|
| Paid and earned | ||
| Price change | rose 12.0% (since Dec 10, 2025) | fell 18.2% (since Jul 15, 2026) |
| Return of capital, issuer estimate | 100% of the Oct 30, 2026 payment | |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | Space Exploration Technologies (SPCX) |
| Against its benchmark, same days | ahead by 5.0 pts | behind by 2.6 pts |
| Cost and size | ||
| Expense ratio | 2.89% | 1.01% |
| Net assets, as of Oct 28, 2026 | $5.3m | $42m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, NLSI and YSPC 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 | YSPC | NLSI | YSPC | NLSI | YSPC |
| 3 months | +6.7% | +11.7% | 1.4% | 18.2% | +6.9 pts | −13.8 pts |
| 6 months | +21.4% | – | 3.0% | – | +16.4 pts | – |
| Since launchNot the same days: NLSI Dec 2025 · YSPC Jul 2026 | +17.7% | −2.1% | 5.0% | 16.7% | +4.9 pts | −2.5 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.
YSPC
Over the period from its first trade on Jul 15, 2026 to Nov 4, 2026, YSPC paid 16.7% of its starting value in cash distributions while its price fell 18.2%. With every distribution reinvested, the fund returned −2.1%. Space Exploration Technologies (SPCX) returned +0.5% over the same days, so a holder was behind by 2.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 60.1%, paid weekly.
Questions people ask
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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 YSPC, data as of Nov 4, 2026. https://etfiq.com/compare/income/nlsi-vs-yspc
ETFIQ. (Nov 4, 2026). NLSI against YSPC. Retrieved from https://etfiq.com/compare/income/nlsi-vs-yspc
[NLSI against YSPC (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/nlsi-vs-yspc)
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