NEHI vs. ILS

Last updated Jun 4, 2026

NEHI (NEOS Ethereum High Income ETF) and ILS (Brookmont Catastrophic Bond ETF) are both exchange-traded funds - NEHI is a Cryptocurrency fund actively managed by Neos, while ILS is a Nontraditional Bonds fund actively managed by Brookmont. Both are actively managed. At a correlation of -0.07, they often move in opposite directions. NEHI charges 0.98%/yr vs 1.58%/yr for ILS.

Performance

NEHI vs. ILS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Ethereum High Income ETF (NEHI) and Brookmont Catastrophic Bond ETF (ILS). 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 lower than ILS's 1.81% return.

NEHI

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

ILS

• 1D: 0.05%
• 1M: 0.45%
• YTD: 1.81%
• 6M: 2.12%
• 1Y: 7.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NEHI vs. ILS - Yearly Performance Comparison

	2026 (YTD)	2025
NEHI NEOS Ethereum High Income ETF	-35.82%	-3.02%
ILS Brookmont Catastrophic Bond ETF	1.81%	0.31%

Correlation

The correlation between NEHI and ILS is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	-0.07

Return for Risk

NEHI vs. ILS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ILS

ILS Risk / Return Rank: 93
ILS Sharpe Ratio Rank: 84
ILS Sortino Ratio Rank: 92
ILS Omega Ratio Rank: 92
ILS Calmar Ratio Rank: 98
ILS Martin Ratio Rank: 97

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.

NEHI vs. ILS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Ethereum High Income ETF (NEHI) and Brookmont Catastrophic Bond ETF (ILS). 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	ILS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.08	1.90	-2.98

Drawdowns

NEHI vs. ILS - Drawdown Comparison

The maximum NEHI drawdown since its inception was -42.60%, which is greater than ILS's maximum drawdown of -1.56%. Use the drawdown chart below to compare losses from any high point for NEHI and ILS.

Drawdown Indicators

	NEHI	ILS	Difference
Max Drawdown Largest peak-to-trough decline	-42.60%	-1.56%	-41.04%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.55%	—
Current Drawdown Current decline from peak	-42.60%	0.00%	-42.60%
Average Drawdown Average peak-to-trough decline	-25.09%	-0.25%	-24.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.17%	—

Volatility

Volatility by Period

	NEHI	ILS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.88%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	57.40%	2.77%	+54.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.40%	3.38%	+54.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.40%	3.38%	+54.02%

NEHI vs. ILS - Expense Ratio Comparison

NEHI has a 0.98% expense ratio, which is lower than ILS's 1.58% expense ratio.

Dividends

NEHI vs. ILS - Dividend Comparison

NEHI's dividend yield for the trailing twelve months is around 24.35%, more than ILS's 8.09% yield.

Position	TTM	2025
ILS Brookmont Catastrophic Bond ETF	8.09%	6.06%
NEHI NEOS Ethereum High Income ETF	24.35%	2.87%

Frequently Asked Questions

Can I hold both NEHI and ILS in my portfolio?

NEHI and ILS have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NEHI or ILS?

On fees, NEHI is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NEHI or ILS?

NEHI is cheaper with a 0.98% expense ratio, compared with 1.58% for ILS.

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

NEHI has the higher dividend yield at 24.35%, compared with 8.09% for ILS.

What is the main difference between NEHI and ILS?

NEHI is categorized as Cryptocurrency, while ILS is Nontraditional Bonds. They also come from different issuers: Neos and Brookmont. Their fees differ too: 0.98% for NEHI and 1.58% for ILS.