NIHI vs. SPYI
Compare and contrast key facts about NEOS MSCI EAFE High Income ETF (NIHI) and NEOS S&P 500 High Income ETF (SPYI).
NIHI and SPYI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NIHI is an actively managed fund by Neos. It was launched on Sep 16, 2025. SPYI is an actively managed fund by Neos. It was launched on Aug 29, 2022.
Performance
NIHI vs. SPYI - Performance Comparison
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NIHI vs. SPYI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NIHI NEOS MSCI EAFE High Income ETF | 0.34% | 5.33% |
SPYI NEOS S&P 500 High Income ETF | -2.59% | 4.51% |
Returns By Period
In the year-to-date period, NIHI achieves a 0.34% return, which is significantly higher than SPYI's -2.59% return.
NIHI
- 1D
- 1.58%
- 1M
- -4.42%
- YTD
- 0.34%
- 6M
- 4.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SPYI
- 1D
- 0.56%
- 1M
- -3.70%
- YTD
- -2.59%
- 6M
- 0.63%
- 1Y
- 16.76%
- 3Y*
- 14.46%
- 5Y*
- —
- 10Y*
- —
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NIHI vs. SPYI - Expense Ratio Comparison
Both NIHI and SPYI have an expense ratio of 0.68%.
Return for Risk
NIHI vs. SPYI — Risk / Return Rank
NIHI
SPYI
NIHI vs. SPYI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS MSCI EAFE High Income ETF (NIHI) and NEOS S&P 500 High Income ETF (SPYI). 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.
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Sharpe Ratios by Period
| NIHI | SPYI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.04 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.01 | -0.31 |
Correlation
The correlation between NIHI and SPYI is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
NIHI vs. SPYI - Dividend Comparison
NIHI's dividend yield for the trailing twelve months is around 6.40%, less than SPYI's 12.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NIHI NEOS MSCI EAFE High Income ETF | 6.40% | 3.44% | 0.00% | 0.00% | 0.00% |
SPYI NEOS S&P 500 High Income ETF | 12.43% | 11.70% | 12.04% | 12.01% | 4.10% |
Drawdowns
NIHI vs. SPYI - Drawdown Comparison
The maximum NIHI drawdown since its inception was -10.88%, smaller than the maximum SPYI drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for NIHI and SPYI.
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Drawdown Indicators
| NIHI | SPYI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.88% | -16.47% | +5.59% |
Max Drawdown (1Y)Largest decline over 1 year | — | -11.02% | — |
Current DrawdownCurrent decline from peak | -6.28% | -4.50% | -1.78% |
Average DrawdownAverage peak-to-trough decline | -2.24% | -1.86% | -0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.11% | — |
Volatility
NIHI vs. SPYI - Volatility Comparison
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Volatility by Period
| NIHI | SPYI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.29% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 15.52% | 16.22% | -0.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.52% | 13.12% | +2.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.52% | 13.12% | +2.40% |