NLSI NEOS Long/Short Equity Income ETF
Quote as of Aug 26, 2026 14:42 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 56.13 | Day Range | 55.91 – 56.06 |
| 52-Week Range | 44.08 – 57.95 | Volume | 2.86K |
| Avg Volume | 1.75K | AUM | $4.0M (Aug 26, 2026) |
| Expense Ratio | 2.89% | Yield (TTM) | 3.12% |
| NAV | 56.90 | Premium/Discount | -1.48% indicative |
| Inception | Dec 09, 2025 | Holdings | — |
| Issuer | Neos | Exchange | CBOE |
| Category | Dividend | Index Tracked | Not stated in source data |
| CUSIP | 78433H477 | ISIN | US78433H4772 |
| Structure | Inverse | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
This fund employs a sophisticated strategy, blending long and short equity positions with an options overlay. Its primary aim is to generate monthly income while maintaining exposure to the U.S. stock market. Investments are concentrated in U.S. exchange-traded mid- and large-capitalization companies. Portfolio construction is driven by a proprietary process that identifies companies with strong fundamental prospects for long investments, while targeting those with weaker outlooks for short selling. Long positions are chosen via bottom-up security analysis, whereas short positions focus on equities exhibiting deficiencies in balance sheets, cash flow, or sector conditions. Complementing its equity holdings, the fund utilizes an options strategy based on index-based put spreads (both written and purchased) to generate premium and enhance income. These options are actively managed and can be adjusted before expiration, serving to complement the equity exposures rather than outright hedge them. The fund consistently maintains a long/short structure with predefined gross exposure targets and may hold cash and short-term instruments to support operations and its short positions.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +6.65% | +8.60% | +23.68% | +10.04% | — | — | — | — | +11.63% |
| Total return | +7.11% | +10.05% | +27.02% | +13.51% | — | — | — | — | +15.68% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 25, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 2.89% | Annual cost of a $10,000 investment | $289.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 22, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 67 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Cash & Other | — | 25.05% | 997.61K | $997.6K |
| 2 | Micron Technology Inc | MU | 13.59% | 560 | $541.4K |
| 3 | Adobe Inc | ADBE | 5.13% | 742 | $204.3K |
| 4 | Marathon Petroleum Corp | MPC | 5.01% | 553 | $199.5K |
| 5 | Valero Energy Corp | VLO | 4.62% | 527 | $183.8K |
| 6 | Uber Technologies Inc | UBER | 4.42% | 2.23K | $176.1K |
| 7 | Comcast Corp | CMCSA | 4.38% | 6.50K | $174.6K |
| 8 | Salesforce Inc | CRM | 4.31% | 821 | $171.7K |
| 9 | Intercontinental Exchange Inc | ICE | 4.19% | 1.04K | $167.1K |
| 10 | Walt Disney Co/The | DIS | 4.16% | 1.54K | $165.9K |
| 11 | F5 Inc | FFIV | 4.12% | 427 | $164.2K |
| 12 | Chevron Corp | CVX | 4.10% | 796 | $163.4K |
| 13 | Occidental Petroleum Corp | OXY | 4.09% | 2.66K | $162.8K |
| 14 | Intuitive Surgical Inc | ISRG | 4.05% | 426 | $161.4K |
| 15 | UDR Inc | UDR | 4.03% | 4.25K | $160.3K |
| 16 | GoDaddy Inc | GDDY | 3.91% | 1.60K | $155.7K |
| 17 | Baker Hughes Co | BKR | 3.87% | 2.47K | $154.0K |
| 18 | Netflix Inc | NFLX | 3.85% | 1.93K | $153.2K |
| 19 | Goldman Sachs Group Inc/The | GS | 3.81% | 146 | $151.7K |
| 20 | Vertiv Holdings Co | VRT | 3.81% | 579 | $151.7K |
| 21 | VICI Properties Inc | VICI | 3.81% | 5.72K | $151.6K |
| 22 | Capital One Financial Corp | COF | 3.75% | 685 | $149.3K |
| 23 | JB Hunt Transport Services Inc | JBHT | 3.74% | 541 | $149.0K |
| 24 | Super Micro Computer Inc | SMCI | 3.64% | 3.89K | $144.9K |
| 25 | Citigroup Inc | C | 3.57% | 1.08K | $142.2K |
Click a ticker to see every ETF that owns it.
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 3.12% | Paid (last 12 months) | $1.7599 |
| Frequency | Monthly | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | Jul 29, 2026 | Last payment | $0.2365 (Jul 31, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Jul 29, 2026 | Jul 29, 2026 | Jul 31, 2026 | $0.2365 |
| Jun 24, 2026 | Jun 24, 2026 | Jun 26, 2026 | $0.2254 |
| May 27, 2026 | May 27, 2026 | May 29, 2026 | $0.2256 |
| Apr 29, 2026 | Apr 29, 2026 | May 01, 2026 | $0.2076 |
| Mar 25, 2026 | Mar 25, 2026 | Mar 27, 2026 | $0.2100 |
| Feb 25, 2026 | Feb 25, 2026 | Feb 26, 2026 | $0.1982 |
| Jan 28, 2026 | Jan 28, 2026 | Jan 30, 2026 | $0.2195 |
| Dec 24, 2025 | Dec 24, 2025 | Dec 26, 2025 | $0.2371 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
Liquidity
| Volume today | 2.86K | Average volume | 1.75K |
| AUM | $4.0M | Premium/Discount | -1.48% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $4.0M → $4.0M |
| 1 Week | -$4.6K | -0.11% | $4.0M → $4.0M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for NLSI
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.