Skip to main content
Signal8

NEOS Long/Short Equity Income ETF (NLSI): ETF

ETF traded on BATS under symbol NLSI. Quoted in usd.

NEOS Long/Short Equity Income ETF logo

NEOS Long/Short Equity Income ETF

+0.30%$54.32
BATS:NLSIEquity
AUM $4.9M·YTD --·Yield --
NEOS Long/Short Equity Income ETF logoBATS:NLSI$54.32+0.30%
About NLSI

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.

Largest holdings

  1. Cash&Other Cash & Other24.62%
  2. MU Micron Technology Inc10.40%
  3. MPC Marathon Petroleum Corp5.57%
  4. VLO Valero Energy Corp4.93%
  5. DIS Walt Disney Co/The4.86%
  6. INTU Intuit Inc4.74%
  7. APP AppLovin Corp4.72%
  8. PYPL PayPal Holdings Inc4.69%
  9. TMUS T-Mobile US Inc4.67%
  10. KKR KKR & Co Inc4.59%
Full holdings, sectors and countries
Dividend History
Benchmark Comparison
Compared against
Performance Returns
Drawdown Chart
Analyst Coverage
Savings Plan Calculator
Total Invested
$70,000
Final Portfolio
$94,751
Total Return
+$24,751
(+35.4%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$4.90M
NAV$54.39
Premium/Discount-0.12%
Expense Ratio2.89%
Market Cap--
Shares Outstanding--
Inception DateDec. 9, 2025
Fund Details
IssuerNeos
Asset ClassEquity
Beta--
SectorFinancial Services
DomicileUS
52-Week Range
$44.08$54.56
Current: $54.32
Volume
Volume1.41K
Avg Volume1.99K
Vol/Avg0.71x

30d

1.82K

60d

1.66K

90d

1.98K

Comparable ETFs