NFLW vs. NIHI

Last updated Jun 5, 2026

NFLW (Roundhill NFLX WeeklyPay ETF) and NIHI (NEOS MSCI EAFE High Income ETF) are both Derivative Income funds. Both are actively managed. At a 0.04 correlation, their price movements are largely independent. NFLW charges 0.99%/yr vs 0.68%/yr for NIHI.

Performance

NFLW vs. NIHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill NFLX WeeklyPay ETF (NFLW) and NEOS MSCI EAFE High Income ETF (NIHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NFLW achieves a -16.74% return, which is significantly lower than NIHI's 6.43% return.

NFLW

• 1D: 0.05%
• 1M: -8.52%
• YTD: -16.74%
• 6M: -25.90%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NIHI

• 1D: 0.56%
• 1M: 2.77%
• YTD: 6.43%
• 6M: 8.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFLW vs. NIHI - Yearly Performance Comparison

	2026 (YTD)	2025
NFLW Roundhill NFLX WeeklyPay ETF	-16.74%	-28.70%
NIHI NEOS MSCI EAFE High Income ETF	6.43%	5.33%

Correlation

The correlation between NFLW and NIHI is 0.04, 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 Sep 18, 2025	0.04

NFLW vs. NIHI - Sectors Allocation Comparison

Sectors	NFLW	NIHI
Communication Services	25.9%	4.5%
Basic Materials	-	6.6%
Consumer Cyclical	-	8.2%
Consumer Defensive	-	6.4%
Energy	-	4.0%
Financial Services	-	22.9%
Healthcare	-	9.8%
Industrials	-	20.5%
Real Estate	-	3.1%
Technology	-	10.2%
Utilities	-	3.8%

Return for Risk

NFLW vs. NIHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill NFLX WeeklyPay ETF (NFLW) 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.

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

Sharpe Ratios by Period

	NFLW	NIHI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.05	1.16	-2.21

Drawdowns

NFLW vs. NIHI - Drawdown Comparison

The maximum NFLW drawdown since its inception was -50.73%, which is greater than NIHI's maximum drawdown of -10.88%. Use the drawdown chart below to compare losses from any high point for NFLW and NIHI.

Drawdown Indicators

	NFLW	NIHI	Difference
Max Drawdown Largest peak-to-trough decline	-50.73%	-10.88%	-39.85%
Current Drawdown Current decline from peak	-46.97%	-0.59%	-46.38%
Average Drawdown Average peak-to-trough decline	-26.93%	-2.37%	-24.56%

Volatility

Volatility by Period

	NFLW	NIHI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	40.26%	15.08%	+25.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.26%	15.08%	+25.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.26%	15.08%	+25.18%

NFLW vs. NIHI - Expense Ratio Comparison

NFLW has a 0.99% expense ratio, which is higher than NIHI's 0.68% expense ratio.

Dividends

NFLW vs. NIHI - Dividend Comparison

NFLW's dividend yield for the trailing twelve months is around 73.20%, more than NIHI's 7.79% yield.

Position	TTM	2025
NFLW Roundhill NFLX WeeklyPay ETF	73.20%	38.89%
NIHI NEOS MSCI EAFE High Income ETF	7.79%	3.44%

Frequently Asked Questions

Can I hold both NFLW and NIHI in my portfolio?

NFLW and NIHI have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NFLW or NIHI?

On fees, NIHI is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NFLW or NIHI?

NIHI is cheaper with a 0.68% expense ratio, compared with 0.99% for NFLW.

Which ETF pays a higher dividend yield, NFLW or NIHI?

NFLW has the higher dividend yield at 73.20%, compared with 7.79% for NIHI.

What is the main difference between NFLW and NIHI?

They also come from different issuers: Roundhill and Neos. Their fees differ too: 0.99% for NFLW and 0.68% for NIHI.