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NEOS Real Estate High Income ETF (IYRI)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US778433H618
CUSIP
78433H618
Issuer
Neos
Inception Date
Jan 14, 2025
Leveraged
1x (No leverage)
Index Tracked
Dow Jones U.S. Real Estate Capped Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Mid-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in NEOS Real Estate High Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

NEOS Real Estate High Income ETF (IYRI) has returned -0.02% so far this year and 4.11% over the past 12 months.


NEOS Real Estate High Income ETF

1D
1.81%
1M
-5.59%
YTD
-0.02%
6M
-1.22%
1Y
4.11%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 15, 2025, IYRI's average daily return is +0.03%, while the average monthly return is +0.54%. At this rate, your investment would double in approximately 10.7 years.

Historically, 67% of months were positive and 33% were negative. The best month was Feb 2026 with a return of +3.4%, while the worst month was Mar 2026 at -5.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 2 months.

On a daily basis, IYRI closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +5.1%, while the worst single day was Apr 4, 2025 at -4.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.39%3.42%-5.59%-0.02%
20252.13%3.11%-1.56%-0.82%1.31%0.96%0.72%2.80%0.35%-1.76%2.56%-1.94%7.95%

Benchmark Metrics

NEOS Real Estate High Income ETF has an annualized alpha of 2.77%, beta of 0.48, and R² of 0.42 versus S&P 500 Index. Calculated based on daily prices since January 16, 2025.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (44.07%) than losses (28.54%) — typical of diversified or defensive assets.
  • Beta of 0.48 may look defensive, but with R² of 0.42 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
  • R² of 0.42 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
2.77%
Beta
0.48
0.42
Upside Capture
44.07%
Downside Capture
28.54%

Expense Ratio

IYRI has an expense ratio of 0.68%, placing it in the medium range.


Return for Risk

Risk / Return Rank

IYRI ranks 20 for risk / return — below 20% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


IYRI Risk / Return Rank: 2020
Overall Rank
IYRI Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
IYRI Sortino Ratio Rank: 1818
Sortino Ratio Rank
IYRI Omega Ratio Rank: 1919
Omega Ratio Rank
IYRI Calmar Ratio Rank: 2020
Calmar Ratio Rank
IYRI Martin Ratio Rank: 2424
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for NEOS Real Estate High Income ETF (IYRI) and compare them to a chosen benchmark (S&P 500 Index).


IYRIBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.30

0.90

-0.60

Sortino ratio

Return per unit of downside risk

0.50

1.39

-0.88

Omega ratio

Gain probability vs. loss probability

1.07

1.21

-0.14

Calmar ratio

Return relative to maximum drawdown

0.40

1.40

-1.00

Martin ratio

Return relative to average drawdown

1.79

6.61

-4.81

Explore IYRI risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

NEOS Real Estate High Income ETF provided a 11.67% dividend yield over the last twelve months, with an annual payout of $5.52 per share.


11.72%$0.00$1.00$2.00$3.00$4.00$5.00$6.002025
Dividends
Dividend Yield
PeriodTTM2025
Dividend$5.52$5.69

Dividend yield

11.67%11.72%

Monthly Dividends

The table displays the monthly dividend distributions for NEOS Real Estate High Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.45$0.46$0.44$1.35
2025$0.50$0.51$0.51$0.48$0.48$0.47$0.47$0.46$0.46$0.46$0.45$0.44$5.69

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 Real Estate High Income ETF. 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 Real Estate High Income ETF was 12.12%, occurring on Apr 8, 2025. Recovery took 51 trading sessions.

The current NEOS Real Estate High Income ETF drawdown is 5.73%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.12%Mar 6, 202524Apr 8, 202551Jun 23, 202575
-7.53%Mar 3, 202619Mar 27, 2026
-3.89%Oct 28, 202518Nov 20, 202538Jan 16, 202656
-2.96%Sep 12, 202521Oct 10, 20256Oct 20, 202527
-2.61%Jul 28, 20255Aug 1, 202515Aug 22, 202520

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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