OSIS vs. SPYI
OSIS (OSI Systems, Inc.) is a stock, while SPYI (NEOS S&P 500 High Income ETF) is Derivative Income fund actively managed by Neos. Over the past 3 years, OSIS returned 20.71%/yr vs 16.57%/yr for SPYI. At a 0.49 correlation, their price movements are largely independent.
Performance
OSIS vs. SPYI - Performance Comparison
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Returns By Period
In the year-to-date period, OSIS achieves a -16.64% return, which is significantly lower than SPYI's 8.08% return.
OSIS
- 1D
- -0.41%
- 1M
- -9.43%
- YTD
- -16.64%
- 6M
- -21.55%
- 1Y
- -4.93%
- 3Y*
- 20.71%
- 5Y*
- 17.00%
- 10Y*
- 14.78%
SPYI
- 1D
- 0.33%
- 1M
- 3.47%
- YTD
- 8.08%
- 6M
- 8.61%
- 1Y
- 23.19%
- 3Y*
- 16.57%
- 5Y*
- —
- 10Y*
- —
OSIS vs. SPYI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OSIS OSI Systems, Inc. | -16.64% | 52.34% | 29.74% | 62.29% | -4.71% |
SPYI NEOS S&P 500 High Income ETF | 8.08% | 16.67% | 19.03% | 18.09% | -2.44% |
Correlation
The correlation between OSIS and SPYI is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2022 | 0.49 |
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Return for Risk
OSIS vs. SPYI — Risk / Return Rank
OSIS
SPYI
OSIS vs. SPYI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for OSI Systems, Inc. (OSIS) 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.
| OSIS | SPYI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.54 | ||
| Sortino ratioReturn per unit of downside risk | -3.18 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.47 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 3.02 | -3.17 |
| Martin ratioReturn relative to average drawdown | -0.47 | 15.73 | -16.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OSIS | SPYI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.11 | 2.42 | -2.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 1.22 | -1.06 |
Drawdowns
OSIS vs. SPYI - Drawdown Comparison
The maximum OSIS drawdown since its inception was -88.44%, which is greater than SPYI's maximum drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for OSIS and SPYI.
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Drawdown Indicators
| OSIS | SPYI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.44% | -16.47% | -71.97% |
Max Drawdown (1Y)Largest decline over 1 year | -33.67% | -7.72% | -25.95% |
Max Drawdown (3Y)Largest decline over 3 years | -33.67% | -16.47% | -17.20% |
Max Drawdown (5Y)Largest decline over 5 years | -33.67% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -53.64% | — | — |
Current DrawdownCurrent decline from peak | -31.35% | -0.17% | -31.18% |
Average DrawdownAverage peak-to-trough decline | -25.68% | -1.80% | -23.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.57% | 1.48% | +9.09% |
Volatility
OSIS vs. SPYI - Volatility Comparison
OSI Systems, Inc. (OSIS) has a higher volatility of 11.63% compared to NEOS S&P 500 High Income ETF (SPYI) at 1.78%. This indicates that OSIS's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OSIS | SPYI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.63% | 1.78% | +9.85% |
Volatility (6M)Calculated over the trailing 6-month period | 33.42% | 7.42% | +26.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.26% | 9.62% | +33.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.18% | 12.91% | +20.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.64% | 12.91% | +20.73% |
Dividends
OSIS vs. SPYI - Dividend Comparison
OSIS has not paid dividends to shareholders, while SPYI's dividend yield for the trailing twelve months is around 11.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
OSIS OSI Systems, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYI NEOS S&P 500 High Income ETF | 11.60% | 11.70% | 12.04% | 12.01% | 4.10% |
Frequently Asked Questions
OSIS and SPYI have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OSIS has higher volatility (11.63%) compared to SPYI (1.78%). In terms of maximum drawdown, OSIS dropped -88.44% vs SPYI's -16.47%.
SPYI currently has the higher Sharpe Ratio (2.42 vs -0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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