Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BTCI NEOS Bitcoin High Income ETF | Cryptocurrency, Derivative Income | 10% |
IAUI NEOS Gold High Income ETF | Derivative Income, Gold | 40% |
IWMI NEOS Russell 2000 High Income ETF | Derivative Income | 25% |
QQQI NEOS Nasdaq-100 High Income ETF | Derivative Income | 25% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in NEOS, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Every 3 months.
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The earliest data available for this chart is Jun 5, 2025, corresponding to the inception date of IAUI
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.08% | -1.83% | -3.34% | -1.46% | 30.71% | 17.25% | 10.06% | 12.45% |
Portfolio NEOS | 0.14% | -3.46% | 0.20% | 2.13% | — | — | — | — |
| Portfolio components: | ||||||||
IAUI NEOS Gold High Income ETF | 0.49% | -8.13% | 5.39% | 13.54% | — | — | — | — |
BTCI NEOS Bitcoin High Income ETF | -0.80% | 2.57% | -19.06% | -38.84% | -7.46% | — | — | — |
QQQI NEOS Nasdaq-100 High Income ETF | -0.02% | -1.38% | -2.83% | -0.54% | 34.74% | — | — | — |
IWMI NEOS Russell 2000 High Income ETF | 0.10% | 1.15% | 2.65% | 5.76% | 40.30% | — | — | — |
Monthly Returns
Based on dividend-adjusted daily data since Jun 6, 2025, NEOS's average daily return is +0.08%, while the average monthly return is +1.40%. At this rate, your investment would double in approximately 4.2 years.
Historically, 91% of months were positive and 9% were negative. The best month was Sep 2025 with a return of +4.8%, while the worst month was Mar 2026 at -6.2%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 1 months.
On a daily basis, NEOS closed higher 59% of trading days. The best single day was Mar 31, 2026 with a return of +3.4%, while the worst single day was Mar 26, 2026 at -2.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.14% | 1.34% | -6.16% | 1.17% | 0.20% | ||||||||
| 2025 | 1.98% | 1.92% | 2.50% | 4.81% | 2.40% | 0.44% | 0.84% | 15.81% |
Benchmark Metrics
NEOS has an annualized alpha of 7.69%, beta of 0.84, and R² of 0.50 versus S&P 500 Index. Calculated based on daily prices since June 06, 2025.
- This portfolio captured 114.28% of S&P 500 Index gains but only 70.70% of its losses — a favorable profile for investors.
- R² of 0.50 means the benchmark explains less than half of this portfolio's behavior — treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 7.69%
- Beta
- 0.84
- R²
- 0.50
- Upside Capture
- 114.28%
- Downside Capture
- 70.70%
Expense Ratio
NEOS has an expense ratio of 0.75%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Return for Risk
Return / Risk — by metrics
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
IAUI NEOS Gold High Income ETF | — | — | — | — | — | — |
BTCI NEOS Bitcoin High Income ETF | 7 | -0.19 | -0.00 | 1.00 | -0.26 | -0.55 |
QQQI NEOS Nasdaq-100 High Income ETF | 77 | 1.92 | 3.05 | 1.43 | 2.81 | 12.21 |
IWMI NEOS Russell 2000 High Income ETF | 85 | 2.30 | 3.37 | 1.44 | 3.90 | 16.06 |
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Dividends
Dividend yield
NEOS provided a 15.54% dividend yield over the last twelve months.
| TTM | 2025 | 2024 | |
|---|---|---|---|
| Portfolio | 15.54% | 13.37% | 6.08% |
| Portfolio components: | |||
IAUI NEOS Gold High Income ETF | 9.96% | 6.88% | 0.00% |
BTCI NEOS Bitcoin High Income ETF | 42.95% | 36.46% | 6.76% |
QQQI NEOS Nasdaq-100 High Income ETF | 14.80% | 13.82% | 12.85% |
IWMI NEOS Russell 2000 High Income ETF | 14.23% | 14.05% | 8.78% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the NEOS. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NEOS was 10.93%, occurring on Mar 30, 2026. The portfolio has not yet recovered.
The current NEOS drawdown is 6.95%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.93% | Jan 29, 2026 | 42 | Mar 30, 2026 | — | — | — |
| -5.17% | Oct 21, 2025 | 23 | Nov 20, 2025 | 12 | Dec 9, 2025 | 35 |
| -2.16% | Dec 29, 2025 | 3 | Dec 31, 2025 | 3 | Jan 6, 2026 | 6 |
| -2.07% | Oct 9, 2025 | 2 | Oct 10, 2025 | 6 | Oct 20, 2025 | 8 |
| -1.81% | Jul 24, 2025 | 7 | Aug 1, 2025 | 5 | Aug 8, 2025 | 12 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 4 assets, with an effective number of assets of 3.39, reflecting the diversification based on asset allocation. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| Benchmark | IAUI | BTCI | IWMI | QQQI | Portfolio | |
|---|---|---|---|---|---|---|
| Benchmark | 1.00 | 0.13 | 0.47 | 0.80 | 0.94 | 0.69 |
| IAUI | 0.13 | 1.00 | 0.17 | 0.15 | 0.12 | 0.63 |
| BTCI | 0.47 | 0.17 | 1.00 | 0.50 | 0.49 | 0.69 |
| IWMI | 0.80 | 0.15 | 0.50 | 1.00 | 0.71 | 0.72 |
| QQQI | 0.94 | 0.12 | 0.49 | 0.71 | 1.00 | 0.68 |
| Portfolio | 0.69 | 0.63 | 0.69 | 0.72 | 0.68 | 1.00 |