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 is a covered call fund issued by Neos Funds with $324 million in assets. It holds a C grade and ranks 9th out of 10 peers in its category, placing it 362nd among all tracked ETFs. Its 0.68% expense ratio sits slightly above the category median of 0.6%, while its 7.61% dividend yield trails the peer average of 8.37%. The fund lacks available holdings breakdown data, limiting visibility into its specific asset composition.

The fund’s price of $54.42 exceeds its 52-week high of $53.80, indicating it is trading above its recent range. Short-term returns show weakness with declines over the last day, week, and month, contrasting with a 12.59% gain over the past year. This one-year performance significantly lags the category median return of 18.66%. The ETFValuer grade was upgraded from D to C on August 31, 2026, reflecting a shift in its assessment. Historical data spans only 2.8 years, providing a limited track record for long-term analysis.

With a beta of 0.70, the fund exhibits lower sensitivity to market movements compared to the broader market. Its annualized volatility of 11.15% is classified as low, contributing to a Sharpe ratio of 0.68. The maximum drawdown recorded is -15.18%, indicating the largest peak-to-trough decline in its history. Liquidity is modest, with an average daily volume of 34,805 shares. These metrics collectively describe a fund that has experienced moderate downside risk and relatively stable price behavior.

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

Market Backdrop

10-Year Treasury Yield: 4.77% (as of 2026-09-03) — 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): 14.32 (as of 2026-09-03) — 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 2026-08-01) — 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