Key Takeaways
- • The NEOS Long/Short Equity Income ETF (NLSI) closed at $58.97, down $0.12 (-0.20%), as of October 9 per the quote page, with a day range of $58.97 to $59.26 and a 52-week range of $44.08 to $59.26.
- • NLSI had net assets of $4.54M and a NAV of $58.98, with a net expense ratio of 2.89%, according to the fund's listing data.
- • The fund reported a year-to-date return of 19.79% versus 3.98% for the Long-Short Equity category; its 1-year and 3-year return fields show 0.00% and are not meaningful in the listing.
- • The ETF is actively managed, combining long and short equity positions in mid- and large-cap U.S. stocks with an options strategy aimed at generating monthly income; it launched December 9, 2025.
- • Portfolio sector weightings are led by Technology (36.09%), Financial Services (23.14%), and Energy (17.91%).
Summary
The NEOS Long/Short Equity Income ETF (NLSI) is an actively managed exchange-traded fund from NEOS Funds that pursues an equity long/short strategy in mid- and large-cap U.S. exchange-traded equity securities while using an options strategy to generate high monthly income. According to the fund's listing, it invests at least 80% of net assets, plus any borrowings for investment purposes, in equities and is classified as non-diversified. The fund's inception date is listed as December 9, 2025.
The quote page shows NLSI closing at $58.97 on October 9, down $0.12 from a previous close of $59.08. The stock traded between a day low of $58.97 and a day high of $59.26, opened at $59.17, and recorded volume of 888 shares against an average volume of 2,128. The 52-week range spans $44.08 to $59.26, and the NAV was $58.98. Some publisher snippets in the database cite different prices and dates, including a close of $57.82 and references to dates in August and October 2026; these figures are inconsistent with the primary quote and are not relied upon here.
The listing reports net assets of $4.54M, a PE ratio (TTM) of 15.48, and a beta (5Y monthly) of 0.00. The net expense ratio is 2.89%, which the fund's own commentary in a third-party database attributes largely to interest and brokerage costs associated with short positions. The listing shows a yield of "--" and reports year-to-date performance of 19.79% against a category return of 3.98%. One-year and three-year return fields display 0.00% for NLSI against category returns of 18.01% and 12.80%, respectively, but these entries appear to be placeholders rather than reliable performance data.
Sector exposure is concentrated in Technology (36.09%), Financial Services (23.14%), Energy (17.91%), Consumer Defensive (6.12%), and Communication Services (5.82%), with smaller weights in Real Estate (5.24%) and Healthcare (3.00%). Given the fund's small asset base and low average trading volume, investors should weigh liquidity and tracking considerations alongside its income objective.
The quote page shows NLSI closing at $58.97 on October 9, down $0.12 from a previous close of $59.08. The stock traded between a day low of $58.97 and a day high of $59.26, opened at $59.17, and recorded volume of 888 shares against an average volume of 2,128. The 52-week range spans $44.08 to $59.26, and the NAV was $58.98. Some publisher snippets in the database cite different prices and dates, including a close of $57.82 and references to dates in August and October 2026; these figures are inconsistent with the primary quote and are not relied upon here.
The listing reports net assets of $4.54M, a PE ratio (TTM) of 15.48, and a beta (5Y monthly) of 0.00. The net expense ratio is 2.89%, which the fund's own commentary in a third-party database attributes largely to interest and brokerage costs associated with short positions. The listing shows a yield of "--" and reports year-to-date performance of 19.79% against a category return of 3.98%. One-year and three-year return fields display 0.00% for NLSI against category returns of 18.01% and 12.80%, respectively, but these entries appear to be placeholders rather than reliable performance data.
Sector exposure is concentrated in Technology (36.09%), Financial Services (23.14%), Energy (17.91%), Consumer Defensive (6.12%), and Communication Services (5.82%), with smaller weights in Real Estate (5.24%) and Healthcare (3.00%). Given the fund's small asset base and low average trading volume, investors should weigh liquidity and tracking considerations alongside its income objective.
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