PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
IMTM vs. NIHI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IMTM vs. NIHI

Last updated Aug 2, 2026
Documentation

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 Index, while NIHI is a Derivative Income fund actively managed by Neos. IMTM is passively managed, while NIHI is actively managed. Their correlation of 0.88 means they have usually moved in the same direction. 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.

Loading charts...

Returns By Period

In the year-to-date period, IMTM achieves a 9.97% return, which is significantly higher than NIHI's 8.84% return.

IMTM

1D
-0.21%
1M
-0.69%
6M
4.07%
YTD
9.97%
1Y
22.34%
3Y*
19.82%
5Y*
9.20%
10Y*
9.68%
ALL TIME*
8.71%

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

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

IMTM

iShares MSCI Intl Momentum Factor ETF
$21.09M$19.87M$23.17M

NIHI

NEOS MSCI EAFE High Income ETF
$2.03M$2.13M$2.32M

IMTM vs. NIHI - Yearly Performance Comparison

2026 (YTD)2025
IMTM
iShares MSCI Intl Momentum Factor ETF		9.97%4.29%
NIHI
NEOS MSCI EAFE High Income ETF		8.84%4.89%

Correlation

The correlation between IMTM and NIHI is 0.88, meaning they have usually moved in the same direction, including during past declines.

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

0.88

IMTM vs. NIHI - Sectors Allocation Comparison

Sectors
IMTM
NIHI

Financial Services

29.5%
23.1%

Technology

18.1%
12.6%

Industrials

14.6%
19.7%

Energy

9.0%
3.3%

Healthcare

8.9%
9.8%

Basic Materials

8.4%
6.3%

Utilities

5.4%
3.5%

Consumer Defensive

2.1%
6.5%

Consumer Cyclical

1.7%
8.1%

Communication Services

1.4%
4.3%

Real Estate

1.0%
2.8%

Financial Services

IMTM
29.5%
NIHI
23.1%

Technology

IMTM
18.1%
NIHI
12.6%

Industrials

IMTM
14.6%
NIHI
19.7%

Energy

IMTM
9.0%
NIHI
3.3%

Healthcare

IMTM
8.9%
NIHI
9.8%

Basic Materials

IMTM
8.4%
NIHI
6.3%

Utilities

IMTM
5.4%
NIHI
3.5%

Consumer Defensive

IMTM
2.1%
NIHI
6.5%

Consumer Cyclical

IMTM
1.7%
NIHI
8.1%

Communication Services

IMTM
1.4%
NIHI
4.3%

Real Estate

IMTM
1.0%
NIHI
2.8%

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. IDMOIMTM vs. VXUSIMTM vs. IWFM.LIMTM vs. IWMO.MIIMTM vs. VT
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 historical risk-adjusted metric ranks over the past 12 months.
IMTM
IMTM Risk / Return Rank: 4949
Overall Rank
IMTM Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
IMTM Sortino Ratio Rank: 4949
Sortino Ratio Rank
IMTM Omega Ratio Rank: 4747
Omega Ratio Rank
IMTM Calmar Ratio Rank: 4848
Calmar Ratio Rank
IMTM Martin Ratio Rank: 5454
Martin Ratio Rank
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.

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.

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.

IMTMNIHIDifference
Sharpe ratioReturn per unit of total volatility
1.16

—

—

Sortino ratioReturn per unit of downside risk
1.74

—

—

Omega ratioGain probability vs. loss probability

1.22

—

—

Calmar ratioReturn relative to maximum drawdown

1.73

—

—

Martin ratioReturn relative to average drawdown

6.39

—

—

IMTM vs. NIHI - Sharpe Ratio Comparison

Loading charts...

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.

Loading charts...

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

-4.03%

-0.33%

-3.70%

Average Drawdown

Average peak-to-trough decline

-7.38%

-2.13%

-5.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.47%

—

—

Volatility

IMTM vs. NIHI - Volatility Comparison

Loading charts...

Volatility by Period

IMTMNIHIDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.44%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

17.36%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

19.10%

14.88%

+4.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.95%

14.88%

+3.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.70%

14.88%

+2.82%

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 4.45%, less than NIHI's 9.35% yield.

PositionTTM20252024202320222021202020192018201720162015
IMTM
iShares MSCI Intl Momentum Factor ETF		4.45%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		9.35%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 0.88, 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 9.35%, compared with 4.45% 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.

Portfolio Optimizer

Find the right allocation for IMTM and NIHI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer