NUSI — NEOS Nasdaq-100 Hedged Equity Income ETF

NUSI Price Performance — Growth of $10,000

Value of a $10,000 investment in NUSI over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

NUSI Drawdown

The "underwater" chart: NUSI's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The NEOS Nasdaq-100 Hedged Equity Income ETF (NUSI) is a Covered Call / Income fund issued by Neos Funds with $324 million in assets under management. Currently trading at $54.42, the fund holds an overall rank of #357 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 53.3 out of 100. Investors in this fund face an expense ratio of 0.68% while accessing a dividend yield of 7.61%. The fund's position within a category containing 10 ETFs tracked by ETFValuer suggests a competitive landscape for income-focused strategies. The combination of a mid-tier grade and a specific asset size reflects the current level of investor adoption relative to its peers. Its price point and yield profile are central to its positioning as an income-generating vehicle within the broader market.

Over the last day, the fund declined by 0.74%, followed by a 2.25% drop over the past week and a 1.80% decrease over the last month. In contrast, the fund posted positive returns over longer horizons, gaining 3.60% over three months and 4.45% over six months. Year-to-date performance stands at +5.09%, while the one-year return is recorded at +12.59%. Data for the three-year period is not available in the current dataset. The return pattern indicates a divergence where short-term losses contrast with sustained positive momentum over the past year. This trajectory shows a recovery from recent weekly declines into a positive annual trend.

NUSI carries a volatility label of Low and a beta of 0.70, indicating that the fund has historically exhibited less price fluctuation than the broader market. The Sharpe ratio of 0.68 suggests the fund has generated a moderate amount of risk-adjusted return relative to its volatility. During market stress, the fund experienced a maximum drawdown of -15.18%, which represents the largest peak-to-trough decline recorded. This combination of a low beta and a defined maximum drawdown implies a defensive behavior that may limit downside severity compared to higher-beta assets. The metrics collectively describe a fund that seeks to manage risk while providing income, though the Sharpe ratio indicates room for improvement in efficiency relative to the risk taken.

AI-generated summary based on the data on this page.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

NUSI Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 35K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $324M provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: NUSI is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

NUSI Performance History

How NUSI Compares to Other Covered Call / Income ETFs