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NEHI NEOS Ethereum High Income ETF

Option income on ETHA, paying monthly

Since its launch on Dec 3, 2025, NEHI paid 18.6% in cash and finished level with ETHA.

NEOS · Income ETFs · data as of

Key facts

18.6%Cash paid, since launch, on its starting price
−16.3%Total return, since launch
−0.3 ptsAgainst ETHA
93.0%Return of capital, latest payout (NEOS estimate)

Method

What a holder got

NEHI against ETHANEHI returned −16.3% with distributions reinvested against −16.0% for Ether (ETHA), a gap of −0.3 pts. Of that, 18.6% arrived as cash rather than price.−16.3%NEHI total return−16.0%Ether (ETHA)

Over the year to Sep 18, 2026, NEHI returned −16.3% with distributions reinvested and Ether (ETHA) returned −16.0%, so a holder came out level with it. The lighter segment is the 18.6% that arrived as cash rather than as price.

Method

Period by period

NEHI over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnETHAAhead or behind
3 months9.2%+30.1%+40.9%+54.7%−13.7 pts
6 months14.7%−0.6%+16.5%+23.7%−7.2 pts
Since launch18.6%−36.5%−16.3%−16.0%−0.3 pts

Method

When NEHI pays

NEHI pays monthly. The last distribution was $0.8721 a share, which went ex on Sep 16, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 28 days the ex-date falls near Oct 14, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for NEHI. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Oct 14, 2026Oct 16, 2026$0.8721ETFIQ projection
Every distribution ETFIQ holds for NEHI (10, most recent first)
Cash distributions per share for NEHI. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 16, 2026$0.8721
Aug 19, 2026$0.7184
Jul 22, 2026$0.739
Jun 16, 2026$0.6887
May 20, 2026$0.8867
Apr 22, 2026$0.979
Mar 18, 2026$0.9777
Feb 18, 2026$0.9141
Jan 21, 2026$1.5061
Dec 24, 2025$1.4098

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Dec 3, 2025, NEHI has returned −16.3% with distributions reinvested, against −16.0% for Ether (ETHA), and has paid out 18.6% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 31.6%. NEOS estimates that 93% of the distribution paid Jun 18, 2026 was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.

NEHI (NEOS Ethereum High Income ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategyoption income
BenchmarkEther (ETHA) (proxy)
Paysmonthly
Net assets (issuer page, as of Sep 18, 2026)$110m
Latest payout, annualized (ETFIQ)31.6%
Expense ratio (485BPOS XBRL, Apr 30, 2026)0.98%
Cash paid, last 12 months, over today’s price (ETFIQ)29.3%
LaunchedDec 3, 2025
Return of capital, latest distribution (NEOS 19a-1 estimate)93.0%
Paysmonthly
Typical gap between ex-dates28 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.8721 ex Sep 16, 2026
Sum of the last 10 distributions$9.6916

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has NEHI paid over the last year?
Over the period from its launch on Dec 3, 2025 to Sep 18, 2026, NEHI paid 18.6% of its starting price in cash distributions, while the price fell 36.5%.
Is NEHI ahead of ETHA?
Over the period from its launch on Dec 3, 2025 to Sep 18, 2026, with every distribution reinvested, NEHI returned −16.3% against −16.0% for Ether (ETHA), so a holder was about even with it by 0.3 points.
How often does NEHI pay, and how much?
NEHI pays monthly. The latest distribution annualizes to 31.6% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
Is the NEHI distribution return of capital?
NEOS estimates 93% of the distribution paid Jun 18, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
When does NEHI next pay a distribution?
NEHI pays monthly. The last distribution went ex on Sep 16, 2026 at $0.8721 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Oct 14, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does NEHI cost?
The prospectus expense ratio is 0.98% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

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.

Compare NEHI

Also against BLOX, BPI, BTCC, BTCI, CEPI, DFII, EHCC, EHY, ETCO, ETTY, LFGY, SOLM, XBCI, XBTY, XEY, XRPM, YBIT, YBTC, YETH.

Funds near this one

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NEHI payout bar, ETFIQ

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Where NEHI is written about

NEHI, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
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Cite this page. ETFIQ, NEHI, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/nehi Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources