WTIP vs. NLSI

Last updated Jun 4, 2026

WTIP (WisdomTree Inflation Plus Fund) and NLSI (Neos Long/Short Equity Income ETF) are both Long-Short funds. Both are actively managed. At a 0.02 correlation, their price movements are largely independent. WTIP charges 0.65%/yr vs 2.89%/yr for NLSI.

Performance

WTIP vs. NLSI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Inflation Plus Fund (WTIP) and Neos Long/Short Equity Income ETF (NLSI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WTIP achieves a 14.34% return, which is significantly higher than NLSI's 7.01% return.

WTIP

• 1D: -0.67%
• 1M: -3.73%
• YTD: 14.34%
• 6M: 16.36%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NLSI

• 1D: -0.92%
• 1M: 10.92%
• YTD: 7.01%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTIP vs. NLSI - Yearly Performance Comparison

	2026 (YTD)	2025
WTIP WisdomTree Inflation Plus Fund	14.34%	0.99%
NLSI Neos Long/Short Equity Income ETF	7.01%	1.90%

Correlation

The correlation between WTIP and NLSI is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	0.02

Return for Risk

WTIP vs. NLSI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Inflation Plus Fund (WTIP) and Neos Long/Short Equity Income ETF (NLSI). 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.

Sharpe Ratios by Period

	WTIP	NLSI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.89	1.04	+0.84

Drawdowns

WTIP vs. NLSI - Drawdown Comparison

The maximum WTIP drawdown since its inception was -8.35%, smaller than the maximum NLSI drawdown of -13.82%. Use the drawdown chart below to compare losses from any high point for WTIP and NLSI.

Drawdown Indicators

	WTIP	NLSI	Difference
Max Drawdown Largest peak-to-trough decline	-8.35%	-13.82%	+5.47%
Current Drawdown Current decline from peak	-8.35%	-1.33%	-7.02%
Average Drawdown Average peak-to-trough decline	-1.39%	-6.10%	+4.71%

Volatility

Volatility by Period

	WTIP	NLSI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	17.05%	19.37%	-2.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.05%	19.37%	-2.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.05%	19.37%	-2.32%

WTIP vs. NLSI - Expense Ratio Comparison

WTIP has a 0.65% expense ratio, which is lower than NLSI's 2.89% expense ratio.

Dividends

WTIP vs. NLSI - Dividend Comparison

WTIP's dividend yield for the trailing twelve months is around 2.80%, more than NLSI's 2.42% yield.

Position	TTM	2025
NLSI Neos Long/Short Equity Income ETF	2.42%	0.46%
WTIP WisdomTree Inflation Plus Fund	2.80%	1.59%

Frequently Asked Questions

Can I hold both WTIP and NLSI in my portfolio?

WTIP and NLSI have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTIP or NLSI?

On fees, WTIP is cheaper at 0.65% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTIP or NLSI?

WTIP is cheaper with a 0.65% expense ratio, compared with 2.89% for NLSI.

Which ETF pays a higher dividend yield, WTIP or NLSI?

WTIP has the higher dividend yield at 2.80%, compared with 2.42% for NLSI.

What is the main difference between WTIP and NLSI?

They also come from different issuers: WisdomTree and Neos. Their fees differ too: 0.65% for WTIP and 2.89% for NLSI.