EFAS vs. NIHI

Last updated Aug 2, 2026

EFAS (Global X MSCI SuperDividend® EAFE ETF) and NIHI (NEOS MSCI EAFE High Income ETF) are both exchange-traded funds - EFAS is a Dividend 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. Their 0.54 correlation means they have sometimes moved together and sometimes differently. EFAS charges 0.55%/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 20.56% return, which is significantly higher than NIHI's 8.84% return.

EFAS

• 1D: -0.90%
• 1M: 6.31%
• 6M: 14.73%
• YTD: 20.56%
• 1Y: 32.01%
• 3Y*: 25.41%
• 5Y*: 14.43%
• 10Y*: —
• ALL TIME*: 10.80%

NIHI

• 1D: -0.33%
• 1M: 1.22%
• 6M: 5.27%
• YTD: 8.84%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EFAS Global X MSCI SuperDividend® EAFE ETF	$411.25K	$354.75K	$345.09K
NIHI NEOS MSCI EAFE High Income ETF	$2.03M	$2.13M	$2.32M

EFAS vs. NIHI - Yearly Performance Comparison

	2026 (YTD)	2025
EFAS Global X MSCI SuperDividend® EAFE ETF	20.56%	2.73%
NIHI NEOS MSCI EAFE High Income ETF	8.84%	4.89%

Correlation

The correlation between EFAS and NIHI is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	0.54

EFAS vs. NIHI - Sectors Allocation Comparison

Sectors	EFAS	NIHI
Financial Services	35.3%	23.1%
Real Estate	15.6%	2.8%
Utilities	11.8%	3.5%
Energy	10.3%	3.3%
Communication Services	8.9%	4.3%
Consumer Defensive	7.7%	6.5%
Industrials	6.6%	19.7%
Basic Materials	1.9%	6.3%
Consumer Cyclical	1.9%	8.1%
Healthcare	0.1%	9.8%
Technology	0.1%	12.6%

Return for Risk

EFAS vs. NIHI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EFAS

EFAS Risk / Return Rank: 94
EFAS Sharpe Ratio Rank: 96
EFAS Sortino Ratio Rank: 95
EFAS Omega Ratio Rank: 94
EFAS Calmar Ratio Rank: 96
EFAS Martin Ratio Rank: 91

NIHI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EFAS	NIHI	Difference
Sharpe ratio: Return per unit of total volatility	2.94	—	—
Sortino ratio: Return per unit of downside risk	4.11	—	—
Omega ratio: Gain probability vs. loss probability	1.52	—	—
Calmar ratio: Return relative to maximum drawdown	6.07	—	—
Martin ratio: Return relative to average drawdown	14.92	—	—

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	-0.90%	-0.33%	-0.57%
Average Drawdown Average peak-to-trough decline	-6.99%	-2.13%	-4.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.15%	—	—

Volatility

Volatility by Period

	EFAS	NIHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.68%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.95%	14.88%	-3.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.51%	14.88%	+0.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.23%	14.88%	+3.35%

EFAS vs. NIHI - Expense Ratio Comparison

EFAS has a 0.55% 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 4.52%, less than NIHI's 9.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EFAS Global X MSCI SuperDividend® EAFE ETF	4.52%	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	9.35%	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 0.54, 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 0.55% 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 0.55% 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 9.35%, compared with 4.52% for EFAS.

What is the main difference between EFAS and NIHI?

EFAS is categorized as Dividend, while NIHI is Derivative Income. They also come from different issuers: Global X and Neos. Their fees differ too: 0.55% for EFAS and 0.68% for NIHI.