TOUS vs. NIHI

Last updated Jun 24, 2026

TOUS (T. Rowe Price International Equity ETF) and NIHI (NEOS MSCI EAFE High Income ETF) are both exchange-traded funds - TOUS is a Foreign Large Cap Equities fund actively managed by T. Rowe Price, while NIHI is a Derivative Income fund actively managed by Neos. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. TOUS charges 0.50%/yr vs 0.68%/yr for NIHI.

Performance

TOUS vs. NIHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price International Equity ETF (TOUS) 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, TOUS achieves a 9.19% return, which is significantly higher than NIHI's 5.71% return.

TOUS

• 1D: -2.03%
• 1M: 0.43%
• YTD: 9.19%
• 6M: 8.90%
• 1Y: 21.91%
• 3Y*: 17.54%
• 5Y*: —
• 10Y*: —

NIHI

• 1D: -1.57%
• 1M: 0.15%
• YTD: 5.71%
• 6M: 5.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TOUS vs. NIHI - Yearly Performance Comparison

	2026 (YTD)	2025
TOUS T. Rowe Price International Equity ETF	9.19%	4.10%
NIHI NEOS MSCI EAFE High Income ETF	5.71%	4.89%

Correlation

The correlation between TOUS and NIHI is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	0.94

TOUS vs. NIHI - Sectors Allocation Comparison

Sectors	TOUS	NIHI
Financial Services	21.8%	22.6%
Industrials	19.1%	20.3%
Technology	15.0%	11.3%
Healthcare	9.7%	9.6%
Consumer Cyclical	7.4%	8.3%
Consumer Defensive	7.2%	6.3%
Basic Materials	5.4%	6.8%
Energy	4.9%	3.7%
Communication Services	4.9%	4.7%
Utilities	3.1%	3.6%
Real Estate	1.7%	3.0%

Return for Risk

TOUS vs. NIHI — Risk / Return Rank

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

TOUS

TOUS Risk / Return Rank: 41
TOUS Sharpe Ratio Rank: 42
TOUS Sortino Ratio Rank: 42
TOUS Omega Ratio Rank: 42
TOUS Calmar Ratio Rank: 38
TOUS Martin Ratio Rank: 42

NIHI

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

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.

TOUS vs. NIHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price International Equity ETF (TOUS) 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.

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.

	TOUS	NIHI	Difference
Sharpe ratio: Return per unit of total volatility	1.38	—	—
Sortino ratio: Return per unit of downside risk	2.03	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	1.80	—	—
Martin ratio: Return relative to average drawdown	6.54	—	—

Drawdowns

TOUS vs. NIHI - Drawdown Comparison

The maximum TOUS drawdown since its inception was -14.29%, which is greater than NIHI's maximum drawdown of -10.88%. Use the drawdown chart below to compare losses from any high point for TOUS and NIHI.

Drawdown Indicators

	TOUS	NIHI	Difference
Max Drawdown Largest peak-to-trough decline	-14.29%	-10.88%	-3.41%
Max Drawdown (1Y) Largest decline over 1 year	-12.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.29%	—	—
Current Drawdown Current decline from peak	-2.03%	-1.64%	-0.39%
Average Drawdown Average peak-to-trough decline	-2.80%	-2.29%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.36%	—	—

Volatility

Volatility by Period

	TOUS	NIHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.25%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.91%	15.27%	+0.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.31%	15.27%	+0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.31%	15.27%	+0.04%

TOUS vs. NIHI - Expense Ratio Comparison

TOUS has a 0.50% expense ratio, which is lower than NIHI's 0.68% expense ratio.

Dividends

TOUS vs. NIHI - Dividend Comparison

TOUS's dividend yield for the trailing twelve months is around 1.59%, less than NIHI's 8.72% yield.

Position	TTM	2025	2024	2023
NIHI NEOS MSCI EAFE High Income ETF	8.72%	3.44%	0.00%	0.00%
TOUS T. Rowe Price International Equity ETF	1.59%	1.74%	3.01%	0.50%

Frequently Asked Questions

Can I hold both TOUS and NIHI in my portfolio?

With a correlation of 0.94, TOUS and NIHI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, TOUS or NIHI?

On fees, TOUS 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, TOUS or NIHI?

TOUS is cheaper with a 0.50% expense ratio, compared with 0.68% for NIHI.

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

NIHI has the higher dividend yield at 8.72%, compared with 1.59% for TOUS.

What is the main difference between TOUS and NIHI?

TOUS is categorized as Foreign Large Cap Equities, while NIHI is Derivative Income. They also come from different issuers: T. Rowe Price and Neos. Their fees differ too: 0.50% for TOUS and 0.68% for NIHI.