NIHI vs. BNDI
NIHI (NEOS MSCI EAFE High Income ETF) and BNDI (Neos Enhanced Income Aggregate Bond ETF) are both exchange-traded funds - NIHI is a Derivative Income fund actively managed by Neos, while BNDI is a Intermediate Core-Plus Bond fund actively managed by Neos. Both are actively managed. A 0.51 correlation means they provide meaningful diversification when combined. NIHI charges 0.68%/yr vs 0.58%/yr for BNDI.
Performance
NIHI vs. BNDI - Performance Comparison
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Returns By Period
In the year-to-date period, NIHI achieves a 6.45% return, which is significantly higher than BNDI's 0.68% return.
NIHI
- 1D
- -1.13%
- 1M
- 0.71%
- 6M
- 3.62%
- YTD
- 6.45%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
BNDI
- 1D
- -0.16%
- 1M
- -0.80%
- 6M
- 0.49%
- YTD
- 0.68%
- 1Y
- 4.85%
- 3Y*
- 4.56%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.18M | $1.24M | $1.42M | |
| $1.80M | $2.07M | $2.34M |
NIHI vs. BNDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NIHI NEOS MSCI EAFE High Income ETF | 6.45% | 4.89% |
BNDI Neos Enhanced Income Aggregate Bond ETF | 0.68% | 0.86% |
Correlation
The correlation between NIHI and BNDI is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025 | 0.51 |
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Return for Risk
NIHI vs. BNDI — Risk / Return Rank
NIHI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BNDI
NIHI vs. BNDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS MSCI EAFE High Income ETF (NIHI) and Neos Enhanced Income Aggregate Bond ETF (BNDI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NIHI | BNDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.21 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.77 | — |
| Martin ratioReturn relative to average drawdown | — | 6.09 | — |
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Drawdowns
NIHI vs. BNDI - Drawdown Comparison
The maximum NIHI drawdown since its inception was -10.88%, which is greater than BNDI's maximum drawdown of -7.25%. Use the drawdown chart below to compare losses from any high point for NIHI and BNDI.
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Drawdown Indicators
| NIHI | BNDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.88% | -7.25% | -3.63% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.75% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.61% | — |
Current DrawdownCurrent decline from peak | -1.88% | -1.57% | -0.31% |
Average DrawdownAverage peak-to-trough decline | -2.17% | -1.70% | -0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.80% | — |
Volatility
NIHI vs. BNDI - Volatility Comparison
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Volatility by Period
| NIHI | BNDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.08% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.33% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 14.88% | 4.16% | +10.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.88% | 6.14% | +8.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.88% | 6.14% | +8.74% |
NIHI vs. BNDI - Expense Ratio Comparison
NIHI has a 0.68% expense ratio, which is higher than BNDI's 0.58% expense ratio.
Dividends
NIHI vs. BNDI - Dividend Comparison
NIHI's dividend yield for the trailing twelve months is around 9.56%, more than BNDI's 5.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BNDI Neos Enhanced Income Aggregate Bond ETF | 5.91% | 5.69% | 5.54% | 5.17% | 1.68% |
NIHI NEOS MSCI EAFE High Income ETF | 9.56% | 3.44% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NIHI and BNDI have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BNDI is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BNDI is cheaper with a 0.58% expense ratio, compared with 0.68% for NIHI.
NIHI has the higher dividend yield at 9.56%, compared with 5.91% for BNDI.
NIHI is categorized as Derivative Income, while BNDI is Intermediate Core-Plus Bond. Their fees differ too: 0.68% for NIHI and 0.58% for BNDI.
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