NEHI vs. IAUI

Last updated Apr 2, 2026

Compare and contrast key facts about NEOS Ethereum High Income ETF (NEHI) and NEOS Gold High Income ETF (IAUI).

NEHI and IAUI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NEHI is an actively managed fund by Neos. It was launched on Dec 2, 2025. IAUI is an actively managed fund by Neos. It was launched on Jun 4, 2025.

Performance

NEHI vs. IAUI - Performance Comparison

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

NEHI vs. IAUI - Yearly Performance Comparison

	2026 (YTD)	2025
NEHI NEOS Ethereum High Income ETF	-26.13%	-3.02%
IAUI NEOS Gold High Income ETF	6.76%	2.32%

Returns By Period

In the year-to-date period, NEHI achieves a -26.13% return, which is significantly lower than IAUI's 6.76% return.

NEHI

• 1D: 1.12%
• 1M: 4.55%
• YTD: -26.13%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IAUI

• 1D: 1.74%
• 1M: -9.46%
• YTD: 6.76%
• 6M: 17.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NEHI vs. IAUI - Expense Ratio Comparison

NEHI has a 0.98% expense ratio, which is higher than IAUI's 0.78% expense ratio.

NEHI

NEOS Ethereum High Income ETF

IAUI

NEOS Gold High Income ETF

Return for Risk

NEHI vs. IAUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Ethereum High Income ETF (NEHI) and NEOS Gold High Income ETF (IAUI). 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	IAUI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.98	1.74	-2.72

Correlation

The correlation between NEHI and IAUI is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NEHI vs. IAUI - Dividend Comparison

NEHI's dividend yield for the trailing twelve months is around 14.42%, more than IAUI's 9.83% yield.

	TTM	2025
NEHI NEOS Ethereum High Income ETF	14.42%	2.87%
IAUI NEOS Gold High Income ETF	9.83%	6.88%

Drawdowns

NEHI vs. IAUI - Drawdown Comparison

The maximum NEHI drawdown since its inception was -42.50%, which is greater than IAUI's maximum drawdown of -16.88%. Use the drawdown chart below to compare losses from any high point for NEHI and IAUI.

Drawdown Indicators

	NEHI	IAUI	Difference
Max Drawdown Largest peak-to-trough decline	-42.50%	-16.88%	-25.62%
Current Drawdown Current decline from peak	-33.93%	-9.46%	-24.47%
Average Drawdown Average peak-to-trough decline	-22.04%	-1.89%	-20.15%

Volatility

Volatility by Period

	NEHI	IAUI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	66.41%	20.80%	+45.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.41%	20.80%	+45.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	66.41%	20.80%	+45.61%