EFAS vs. NIHI

Last updated Jun 3, 2026

EFAS (Global X MSCI SuperDividend® EAFE ETF) and NIHI (NEOS MSCI EAFE High Income ETF) are both exchange-traded funds - EFAS is a Foreign Large Cap Equities fund tracking the MSCI EAFE Top 50 Dividend Index, while NIHI is a Derivative Income fund actively managed by Neos. EFAS is passively managed, while NIHI is actively managed. A 0.62 correlation means they provide meaningful diversification when combined. EFAS charges 0.56%/yr vs 0.68%/yr for NIHI.

Performance

EFAS vs. NIHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X MSCI SuperDividend® EAFE ETF (EFAS) and NEOS MSCI EAFE High Income ETF (NIHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EFAS achieves a 13.61% return, which is significantly higher than NIHI's 6.39% return.

EFAS

• 1D: -0.50%
• 1M: -1.27%
• YTD: 13.61%
• 6M: 18.42%
• 1Y: 28.44%
• 3Y*: 24.71%
• 5Y*: 12.25%
• 10Y*: —

NIHI

• 1D: 0.41%
• 1M: 2.67%
• YTD: 6.39%
• 6M: 9.14%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EFAS vs. NIHI - Yearly Performance Comparison

	2026 (YTD)	2025
EFAS Global X MSCI SuperDividend® EAFE ETF	13.61%	3.15%
NIHI NEOS MSCI EAFE High Income ETF	6.39%	5.33%

Correlation

The correlation between EFAS and NIHI is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 18, 2025	0.62

EFAS vs. NIHI - Sectors Allocation Comparison

Sectors	EFAS	NIHI
Financial Services	30.1%	22.9%
Utilities	14.4%	3.8%
Energy	13.7%	4.0%
Real Estate	11.3%	3.1%
Industrials	9.9%	20.5%
Communication Services	8.6%	4.5%
Consumer Defensive	8.1%	6.4%
Consumer Cyclical	1.9%	8.2%
Basic Materials	1.8%	6.6%
Healthcare	0.1%	9.8%
Technology	0.1%	10.2%

Return for Risk

EFAS vs. NIHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EFAS

EFAS Risk / Return Rank: 82
EFAS Sharpe Ratio Rank: 82
EFAS Sortino Ratio Rank: 84
EFAS Omega Ratio Rank: 78
EFAS Calmar Ratio Rank: 90
EFAS Martin Ratio Rank: 78

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.

EFAS vs. NIHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI SuperDividend® EAFE ETF (EFAS) and NEOS MSCI EAFE High Income ETF (NIHI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EFAS	NIHI	Difference
Sharpe ratio Return per unit of total volatility	2.70	—	—
Sortino ratio Return per unit of downside risk	3.79	—	—
Omega ratio Gain probability vs. loss probability	1.47	—	—
Calmar ratio Return relative to maximum drawdown	5.72	—	—
Martin ratio Return relative to average drawdown	15.34	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	EFAS	NIHI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	1.17	-0.60

Drawdowns

EFAS vs. NIHI - Drawdown Comparison

The maximum EFAS drawdown since its inception was -44.38%, which is greater than NIHI's maximum drawdown of -10.88%. Use the drawdown chart below to compare losses from any high point for EFAS and NIHI.

Drawdown Indicators

	EFAS	NIHI	Difference
Max Drawdown Largest peak-to-trough decline	-44.38%	-10.88%	-33.50%
Max Drawdown (1Y) Largest decline over 1 year	-5.30%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-28.81%	—	—
Current Drawdown Current decline from peak	-2.45%	-0.63%	-1.82%
Average Drawdown Average peak-to-trough decline	-7.08%	-2.39%	-4.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.98%	—	—

Volatility

Volatility by Period

	EFAS	NIHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.17%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.67%	15.14%	-4.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.59%	15.14%	+0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	15.14%	+3.19%

EFAS vs. NIHI - Expense Ratio Comparison

EFAS has a 0.56% expense ratio, which is lower than NIHI's 0.68% expense ratio.

Dividends

EFAS vs. NIHI - Dividend Comparison

EFAS's dividend yield for the trailing twelve months is around 4.59%, less than NIHI's 7.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EFAS Global X MSCI SuperDividend® EAFE ETF	4.59%	4.83%	6.76%	6.33%	7.28%	5.19%	4.34%	5.75%	6.63%	6.15%	0.21%
NIHI NEOS MSCI EAFE High Income ETF	7.79%	3.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EFAS and NIHI in my portfolio?

EFAS and NIHI have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EFAS or NIHI?

On fees, EFAS is cheaper at 0.56% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EFAS or NIHI?

EFAS is cheaper with a 0.56% expense ratio, compared with 0.68% for NIHI.

Which ETF pays a higher dividend yield, EFAS or NIHI?

NIHI has the higher dividend yield at 7.79%, compared with 4.59% for EFAS.

What is the main difference between EFAS and NIHI?

EFAS is categorized as Foreign Large Cap Equities, while NIHI is Derivative Income. They also come from different issuers: Global X and Neos. Their fees differ too: 0.56% for EFAS and 0.68% for NIHI.