NEHI vs ZAPR

Comparison between NEOS ETHEREUM HIGH INCOME ETF (NEHI, ETF) and Innovator Equity Defined Protection ETF 1 Yr April (ZAPR, ETF).

NEHI vs ZAPR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NEHI(ETF)	ZAPR(ETF)
Net Assets	$75M	$75M
Expense Ratio	0.98%	0.79%
Max Drawdown	56.72%	1.72%
Sharpe Ratio	-1.54	1.95
5Y Beta	2.35	0.11

Net Assets

Winner

NEHI

$75M

ZAPR

$75M

Expense Ratio

NEHI

0.98%

Winner

ZAPR

0.79%

Max Drawdown

NEHI

56.72%

Winner

ZAPR

1.72%

Sharpe Ratio

NEHI

-1.54

Winner

ZAPR

1.95

5Y Beta

NEHI

2.35

Winner

ZAPR

0.11

NEHI vs ZAPR - Holdings Comparison

NEHI and ZAPR have 0 common holdings. Overlap is 0.00%

NEHI's top 25 holdings weight is 21.11%. ZAPR's top 25 holdings weight is 96.53%.

Rank	NEHI	ZAPR
#1	ISHARES ETHEREUM TRUST ETF (ETHA) - 19.34%	VANGUARD S&P 500 ETF (VOO) - 96.53%
#2	NORTHERN US GOVERNMENT SELECT MMKT (NOSXX) - 0.98%	N/A
#3	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 0.79%	N/A
#4	N/A	N/A
#5	N/A	N/A
#6	N/A	N/A
#7	N/A	N/A
#8	N/A	N/A
#9	N/A	N/A
#10	N/A	N/A
#11	N/A	N/A
#12	N/A	N/A
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	3	1

NEHI vs ZAPR - Historical Returns

Returns include dividend reinvestment.

Period	NEHI	ZAPR
1 month	-25.27%	+0.26%
3 months	-15.91%	+2.35%
6 months	-41.54%	+3.42%
1 year	N/A	+6.75%
Max(CAGR)	-64.70%	+7.12%

NEHI

-25.27%

Winner

ZAPR

+0.26%

NEHI

-15.91%

Winner

ZAPR

+2.35%

NEHI

-41.54%

Winner

ZAPR

+3.42%

NEHI

N/A

ZAPR

+6.75%

Max(CAGR)

NEHI

-64.70%

Winner

ZAPR

+7.12%

NEHI vs ZAPR - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	NEHI	ZAPR
2026	-42.50%	+3.10%
2025	-2.99%	+5.29%

NEHI vs ZAPR Drawdown Comparison

The maximum drawdown for NEHI was -49.63%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for ZAPR was -1.72%, occurring on Apr 8, 2025. Recovery took 18 trading sessions.

The current NEHI drawdown is -46.51%. The current ZAPR drawdown is -0.15%.

Rank	NEHI	ZAPR
#1	-49.63% Jan 14, 2026 - Jun 5, 2026	-1.72% Apr 2, 2025 - Apr 29, 2025
#2	-14.84% Dec 10, 2025 - Jan 14, 2026	-0.48% May 15, 2025 - Jun 4, 2025
#3	-3.08% Dec 4, 2025 - Dec 8, 2025	-0.40% Nov 12, 2025 - Nov 25, 2025
#4	N/A	-0.38% May 29, 2026 - Jun 10, 2026
#5	N/A	-0.23% Apr 17, 2026 - Apr 28, 2026
#6	N/A	-0.22% Oct 6, 2025 - Oct 20, 2025
#7	N/A	-0.22% Oct 27, 2025 - Nov 10, 2025
#8	N/A	-0.21% Jan 9, 2026 - Jan 22, 2026
#9	N/A	-0.21% Feb 10, 2026 - Feb 24, 2026
#10	N/A	-0.20% Jun 18, 2025 - Jun 23, 2025
#11	N/A	-0.20% May 2, 2025 - May 12, 2025
#12	N/A	-0.18% Jun 12, 2025 - Jun 18, 2025
#13	N/A	-0.17% May 18, 2026 - May 21, 2026
#14	N/A	-0.16% Aug 28, 2025 - Sep 4, 2025
#15	N/A	-0.15% Mar 2, 2026 - Mar 16, 2026

Correlation

Correlation between NEHI and ZAPR is -0.70 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.70

-101