NEHI vs. ETTY

Last updated Jun 4, 2026

NEHI (NEOS Ethereum High Income ETF) and ETTY (Amplify Ethereum 3% Monthly Option Income ETF) are both Cryptocurrency funds. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. NEHI charges 0.98%/yr vs 0.75%/yr for ETTY.

Performance

NEHI vs. ETTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Ethereum High Income ETF (NEHI) and Amplify Ethereum 3% Monthly Option Income ETF (ETTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEHI achieves a -35.82% return, which is significantly higher than ETTY's -37.70% return.

NEHI

• 1D: -5.42%
• 1M: -21.57%
• YTD: -35.82%
• 6M: -37.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ETTY

• 1D: -6.19%
• 1M: -25.01%
• YTD: -37.70%
• 6M: -37.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NEHI vs. ETTY - Yearly Performance Comparison

	2026 (YTD)	2025
NEHI NEOS Ethereum High Income ETF	-35.82%	-3.02%
ETTY Amplify Ethereum 3% Monthly Option Income ETF	-37.70%	-0.29%

Correlation

The correlation between NEHI and ETTY is 0.94, 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 Dec 4, 2025	0.94

Return for Risk

NEHI vs. ETTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Ethereum High Income ETF (NEHI) and Amplify Ethereum 3% Monthly Option Income ETF (ETTY). 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.

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

Sharpe Ratios by Period

	NEHI	ETTY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.08	-1.14	+0.05

Drawdowns

NEHI vs. ETTY - Drawdown Comparison

The maximum NEHI drawdown since its inception was -42.60%, smaller than the maximum ETTY drawdown of -55.03%. Use the drawdown chart below to compare losses from any high point for NEHI and ETTY.

Drawdown Indicators

	NEHI	ETTY	Difference
Max Drawdown Largest peak-to-trough decline	-42.60%	-55.03%	+12.43%
Current Drawdown Current decline from peak	-42.60%	-55.03%	+12.43%
Average Drawdown Average peak-to-trough decline	-25.09%	-34.79%	+9.70%

Volatility

Volatility by Period

	NEHI	ETTY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	57.40%	62.79%	-5.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.40%	62.79%	-5.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.40%	62.79%	-5.39%

NEHI vs. ETTY - Expense Ratio Comparison

NEHI has a 0.98% expense ratio, which is higher than ETTY's 0.75% expense ratio.

Dividends

NEHI vs. ETTY - Dividend Comparison

NEHI's dividend yield for the trailing twelve months is around 24.35%, less than ETTY's 32.69% yield.

Position	TTM	2025
ETTY Amplify Ethereum 3% Monthly Option Income ETF	32.69%	6.26%
NEHI NEOS Ethereum High Income ETF	24.35%	2.87%

Frequently Asked Questions

Can I hold both NEHI and ETTY in my portfolio?

With a correlation of 0.94, NEHI and ETTY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, NEHI or ETTY?

On fees, ETTY is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NEHI or ETTY?

ETTY is cheaper with a 0.75% expense ratio, compared with 0.98% for NEHI.

Which ETF pays a higher dividend yield, NEHI or ETTY?

ETTY has the higher dividend yield at 32.69%, compared with 24.35% for NEHI.

What is the main difference between NEHI and ETTY?

They also come from different issuers: Neos and Amplify. Their fees differ too: 0.98% for NEHI and 0.75% for ETTY.