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IMTM vs. NIHI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IMTM vs. NIHI

Last updated Jun 5, 2026

IMTM (iShares MSCI Intl Momentum Factor ETF) and NIHI (NEOS MSCI EAFE High Income ETF) are both exchange-traded funds - IMTM is a Momentum fund tracking the MSCI World ex USA Momentum, while NIHI is a Derivative Income fund actively managed by Neos. IMTM is passively managed, while NIHI is actively managed. Their correlation of 0.90 suggests significant overlap in exposure. IMTM charges 0.30%/yr vs 0.68%/yr for NIHI.

Performance

IMTM vs. NIHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Intl Momentum Factor ETF (IMTM) and NEOS MSCI EAFE High Income ETF (NIHI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IMTM achieves a 11.78% return, which is significantly higher than NIHI's 6.43% return.

IMTM

1D
0.66%
1M
3.69%
YTD
11.78%
6M
14.13%
1Y
24.23%
3Y*
22.03%
5Y*
9.15%
10Y*
9.90%

NIHI

1D
0.56%
1M
2.77%
YTD
6.43%
6M
8.70%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IMTM vs. NIHI - Yearly Performance Comparison

2026 (YTD)2025
IMTM
iShares MSCI Intl Momentum Factor ETF		11.78%4.97%
NIHI
NEOS MSCI EAFE High Income ETF		6.43%5.33%

Correlation

The correlation between IMTM and NIHI is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

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

0.90

IMTM vs. NIHI - Sectors Allocation Comparison

Sectors
IMTM
NIHI

Financial Services

29.6%
22.9%

Industrials

17.5%
20.5%

Technology

11.4%
10.2%

Energy

9.4%
4.0%

Basic Materials

9.3%
6.6%

Healthcare

9.0%
9.8%

Utilities

6.4%
3.8%

Consumer Defensive

2.4%
6.4%

Communication Services

1.9%
4.5%

Consumer Cyclical

1.8%
8.2%

Real Estate

1.2%
3.1%

Financial Services

IMTM
29.6%
NIHI
22.9%

Industrials

IMTM
17.5%
NIHI
20.5%

Technology

IMTM
11.4%
NIHI
10.2%

Energy

IMTM
9.4%
NIHI
4.0%

Basic Materials

IMTM
9.3%
NIHI
6.6%

Healthcare

IMTM
9.0%
NIHI
9.8%

Utilities

IMTM
6.4%
NIHI
3.8%

Consumer Defensive

IMTM
2.4%
NIHI
6.4%

Communication Services

IMTM
1.9%
NIHI
4.5%

Consumer Cyclical

IMTM
1.8%
NIHI
8.2%

Real Estate

IMTM
1.2%
NIHI
3.1%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI Intl Momentum Factor ETF

NEOS MSCI EAFE High Income ETF

Often compared with IMTM:
IMTM vs. SPMOIMTM vs. IMOMIMTM vs. IWFM.LIMTM vs. VXUSIMTM vs. IDMOIMTM vs. VTIMTM vs. IWMO.MI
Often compared with NIHI:
NIHI vs. IDVONIHI vs. SPYINIHI vs. QQQINIHI vs. EFASNIHI vs. GIAXNIHI vs. LVHINIHI vs. QQQH

Return for Risk

IMTM vs. NIHI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IMTM
IMTM Risk / Return Rank: 4242
Overall Rank
IMTM Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
IMTM Sortino Ratio Rank: 4242
Sortino Ratio Rank
IMTM Omega Ratio Rank: 4141
Omega Ratio Rank
IMTM Calmar Ratio Rank: 3939
Calmar Ratio Rank
IMTM Martin Ratio Rank: 4646
Martin Ratio Rank
NIHI
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.

IMTM vs. NIHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Intl Momentum Factor ETF (IMTM) 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.

IMTMNIHIDifference
Sharpe ratioReturn per unit of total volatility
1.43

—

—

Sortino ratioReturn per unit of downside risk
2.09

—

—

Omega ratioGain probability vs. loss probability

1.26

—

—

Calmar ratioReturn relative to maximum drawdown

1.89

—

—

Martin ratioReturn relative to average drawdown

7.56

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IMTM vs. NIHI - Sharpe Ratio Comparison

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Sharpe Ratios by Period

IMTMNIHIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.43

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

—

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

1.16

-0.65

Drawdowns

IMTM vs. NIHI - Drawdown Comparison

The maximum IMTM drawdown since its inception was -32.66%, which is greater than NIHI's maximum drawdown of -10.88%. Use the drawdown chart below to compare losses from any high point for IMTM and NIHI.

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Drawdown Indicators

IMTMNIHIDifference

Max Drawdown

Largest peak-to-trough decline

-32.66%

-10.88%

-21.78%

Max Drawdown (1Y)

Largest decline over 1 year

-12.85%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-12.85%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-32.66%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-32.66%

—

—

Current Drawdown

Current decline from peak

0.00%

-0.59%

+0.59%

Average Drawdown

Average peak-to-trough decline

-7.44%

-2.37%

-5.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.21%

—

—

Volatility

IMTM vs. NIHI - Volatility Comparison

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Volatility by Period

IMTMNIHIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.36%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

14.99%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

17.03%

15.08%

+1.95%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.63%

15.08%

+2.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.64%

15.08%

+2.56%

IMTM vs. NIHI - Expense Ratio Comparison

IMTM has a 0.30% expense ratio, which is lower than NIHI's 0.68% expense ratio.

Dividends

IMTM vs. NIHI - Dividend Comparison

IMTM's dividend yield for the trailing twelve months is around 4.21%, less than NIHI's 7.79% yield.

PositionTTM20252024202320222021202020192018201720162015
IMTM
iShares MSCI Intl Momentum Factor ETF		4.21%4.70%2.93%2.29%2.68%2.51%0.97%2.13%2.36%1.92%2.75%1.56%
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%0.00%

Frequently Asked Questions

IMTM and NIHI have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IMTM is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IMTM is cheaper with a 0.30% expense ratio, compared with 0.68% for NIHI.

NIHI has the higher dividend yield at 7.79%, compared with 4.21% for IMTM.

IMTM is categorized as Momentum, while NIHI is Derivative Income. They also come from different issuers: iShares and Neos. Their fees differ too: 0.30% for IMTM and 0.68% for NIHI.

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