RIET vs. NEHI

Last updated Jun 5, 2026

RIET (Hoya Capital High Dividend Yield ETF) and NEHI (NEOS Ethereum High Income ETF) are both exchange-traded funds - RIET is a REIT fund tracking the Hoya Capital High Dividend Yield Index, while NEHI is a Cryptocurrency fund actively managed by Neos. RIET is passively managed, while NEHI is actively managed. At a 0.26 correlation, their price movements are largely independent. RIET charges 0.50%/yr vs 0.98%/yr for NEHI.

Performance

RIET vs. NEHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hoya Capital High Dividend Yield ETF (RIET) and NEOS Ethereum High Income ETF (NEHI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RIET achieves a 7.72% return, which is significantly higher than NEHI's -36.78% return.

RIET

• 1D: 1.48%
• 1M: 1.01%
• YTD: 7.72%
• 6M: 8.48%
• 1Y: 14.50%
• 3Y*: 9.51%
• 5Y*: —
• 10Y*: —

NEHI

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

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

RIET vs. NEHI - Yearly Performance Comparison

	2026 (YTD)	2025
RIET Hoya Capital High Dividend Yield ETF	7.72%	-0.68%
NEHI NEOS Ethereum High Income ETF	-36.78%	-3.02%

Correlation

The correlation between RIET and NEHI is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 4, 2025	0.26

Return for Risk

RIET vs. NEHI — Risk / Return Rank

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

RIET

RIET Risk / Return Rank: 31
RIET Sharpe Ratio Rank: 31
RIET Sortino Ratio Rank: 30
RIET Omega Ratio Rank: 28
RIET Calmar Ratio Rank: 34
RIET Martin Ratio Rank: 30

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.

RIET vs. NEHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hoya Capital High Dividend Yield ETF (RIET) and NEOS Ethereum High Income ETF (NEHI). 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.

	RIET	NEHI	Difference
Sharpe ratio: Return per unit of total volatility	1.10	—	—
Sortino ratio: Return per unit of downside risk	1.59	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.66	—	—
Martin ratio: Return relative to average drawdown	4.32	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	RIET	NEHI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	-1.10	+1.06

Drawdowns

RIET vs. NEHI - Drawdown Comparison

The maximum RIET drawdown since its inception was -34.61%, smaller than the maximum NEHI drawdown of -43.46%. Use the drawdown chart below to compare losses from any high point for RIET and NEHI.

Drawdown Indicators

	RIET	NEHI	Difference
Max Drawdown Largest peak-to-trough decline	-34.61%	-43.46%	+8.85%
Max Drawdown (1Y) Largest decline over 1 year	-8.76%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-18.38%	—	—
Current Drawdown Current decline from peak	-7.15%	-43.46%	+36.31%
Average Drawdown Average peak-to-trough decline	-16.42%	-25.23%	+8.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.36%	—	—

Volatility

Volatility by Period

	RIET	NEHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.20%	57.19%	-43.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.96%	57.19%	-38.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.96%	57.19%	-38.23%

RIET vs. NEHI - Expense Ratio Comparison

RIET has a 0.50% expense ratio, which is lower than NEHI's 0.98% expense ratio.

Dividends

RIET vs. NEHI - Dividend Comparison

RIET's dividend yield for the trailing twelve months is around 10.72%, less than NEHI's 24.72% yield.

Position	TTM	2025	2024	2023	2022	2021
NEHI NEOS Ethereum High Income ETF	24.72%	2.87%	0.00%	0.00%	0.00%	0.00%
RIET Hoya Capital High Dividend Yield ETF	10.72%	11.04%	10.17%	9.33%	9.33%	1.99%

Frequently Asked Questions

Can I hold both RIET and NEHI in my portfolio?

RIET and NEHI have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RIET or NEHI?

On fees, RIET is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RIET or NEHI?

RIET is cheaper with a 0.50% expense ratio, compared with 0.98% for NEHI.

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

NEHI has the higher dividend yield at 24.72%, compared with 10.72% for RIET.

What is the main difference between RIET and NEHI?

RIET is categorized as REIT, while NEHI is Cryptocurrency. They also come from different issuers: Pettee Investors and Neos. Their fees differ too: 0.50% for RIET and 0.98% for NEHI.