NEHI vs. YETH

Last updated Jun 5, 2026

NEHI (NEOS Ethereum High Income ETF) and YETH (Roundhill Ether Covered Call Strategy ETF) are both exchange-traded funds - NEHI is a Cryptocurrency fund actively managed by Neos, while YETH is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. NEHI charges 0.98%/yr vs 0.95%/yr for YETH.

Performance

NEHI vs. YETH - Performance Comparison

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

Returns By Period

In the year-to-date period, NEHI achieves a -36.78% return, which is significantly lower than YETH's -33.84% return.

NEHI

• 1D: -1.50%
• 1M: -23.11%
• YTD: -36.78%
• 6M: -38.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

YETH

• 1D: -1.32%
• 1M: -22.71%
• YTD: -33.84%
• 6M: -33.94%
• 1Y: -31.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NEHI vs. YETH - Yearly Performance Comparison

	2026 (YTD)	2025
NEHI NEOS Ethereum High Income ETF	-36.78%	-3.02%
YETH Roundhill Ether Covered Call Strategy ETF	-33.84%	1.57%

Correlation

The correlation between NEHI and YETH is 0.92, 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	0.92

Return for Risk

NEHI vs. YETH — Risk / Return Rank

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

YETH

YETH Risk / Return Rank: 5
YETH Sharpe Ratio Rank: 4
YETH Sortino Ratio Rank: 5
YETH Omega Ratio Rank: 5
YETH Calmar Ratio Rank: 4
YETH Martin Ratio Rank: 4

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. YETH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Ethereum High Income ETF (NEHI) and Roundhill Ether Covered Call Strategy ETF (YETH). 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	YETH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	-1.10	-0.51	-0.59

Drawdowns

NEHI vs. YETH - Drawdown Comparison

The maximum NEHI drawdown since its inception was -43.46%, smaller than the maximum YETH drawdown of -61.73%. Use the drawdown chart below to compare losses from any high point for NEHI and YETH.

Drawdown Indicators

	NEHI	YETH	Difference
Max Drawdown Largest peak-to-trough decline	-43.46%	-61.73%	+18.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-55.63%	—
Current Drawdown Current decline from peak	-43.46%	-59.58%	+16.12%
Average Drawdown Average peak-to-trough decline	-25.23%	-30.99%	+5.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	31.10%	—

Volatility

Volatility by Period

	NEHI	YETH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	57.19%	56.94%	+0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.19%	55.37%	+1.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.19%	55.37%	+1.82%

NEHI vs. YETH - Expense Ratio Comparison

NEHI has a 0.98% expense ratio, which is higher than YETH's 0.95% expense ratio.

Dividends

NEHI vs. YETH - Dividend Comparison

NEHI's dividend yield for the trailing twelve months is around 24.72%, less than YETH's 144.02% yield.

Position	TTM	2025	2024
NEHI NEOS Ethereum High Income ETF	24.72%	2.87%	0.00%
YETH Roundhill Ether Covered Call Strategy ETF	144.02%	109.12%	20.52%

Frequently Asked Questions

Can I hold both NEHI and YETH in my portfolio?

With a correlation of 0.92, NEHI and YETH 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 YETH?

On fees, YETH is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NEHI or YETH?

YETH is cheaper with a 0.95% expense ratio, compared with 0.98% for NEHI.

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

YETH has the higher dividend yield at 144.02%, compared with 24.72% for NEHI.

What is the main difference between NEHI and YETH?

NEHI is categorized as Cryptocurrency, while YETH is Derivative Income. They also come from different issuers: Neos and Roundhill. Their fees differ too: 0.98% for NEHI and 0.95% for YETH.