NLSI vs TEST

Comparison between NEOS LONG/SHORT EQUITY INCOME ETF (NLSI, ETF) and YIELDMAX(R) TSLA PERFORMANCE & DISTRIBUTION TARGET 25(TM) ETF (TEST, ETF).

NLSI vs TEST - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NLSI(ETF)	TEST(ETF)
Net Assets	$4.60M	$4.60M
Expense Ratio	2.89%	1.01%
Max Drawdown	14.96%	29.06%
Sharpe Ratio	0.63	0.03
5Y Beta	0.45	1.65
P/E Ratio	13.98	N/A
Forward P/E	8.31	N/A
PEG Ratio	0.10	N/A
5Y EPS CAGR	40.58%	N/A
Debt to Equity	91.21%	N/A
P/S Ratio	3.04	N/A
P/B Ratio	3.04	N/A

Net Assets

NLSI

$4.60M

TEST

$4.60M

Expense Ratio

NLSI

2.89%

Winner

TEST

1.01%

Max Drawdown

Winner

NLSI

14.96%

TEST

29.06%

Sharpe Ratio

Winner

NLSI

0.63

TEST

0.03

5Y Beta

Winner

NLSI

0.45

TEST

1.65

P/E Ratio

NLSI

13.98

TEST

N/A

Forward P/E

NLSI

8.31

TEST

N/A

PEG Ratio

NLSI

0.10

TEST

N/A

5Y EPS CAGR

NLSI

40.58%

TEST

N/A

Debt to Equity

NLSI

91.21%

TEST

N/A

P/S Ratio

NLSI

3.04

TEST

N/A

P/B Ratio

NLSI

3.04

TEST

N/A

NLSI vs TEST - Holdings Comparison

NLSI and TEST have 0 common holdings. Overlap is 0.00%

NLSI's top 25 holdings weight is 133.32%. TEST's top 25 holdings weight is 6.19%.

Rank	NLSI	TEST
#1	OTHER ASSETS AND LIABILITIES (n/a) - 25.74%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 6.19%
#2	MICRON TECHNOLOGY INC (MU) - 14.61%	N/A
#3	F5 INC (FFIV) - 4.88%	N/A
#4	PROGRESSIVE CORP (PGR) - 4.75%	N/A
#5	MARATHON PETROLEUM CORP (MPC) - 4.48%	N/A
#6	ADOBE INC (ADBE) - 4.37%	N/A
#7	VALERO ENERGY CORP (VLO) - 4.24%	N/A
#8	JACK HENRY & ASSOCIATES INC (JKHY) - 4.23%	N/A
#9	WESTERN DIGITAL CORP (WDC) - 4.20%	N/A
#10	VEEVA SYSTEMS INC CLASS A (VEEV) - 4.18%	N/A
#11	PTC INC (PTC) - 4.13%	N/A
#12	NVIDIA CORP (NVDA) - 4.05%	N/A
#13	INSULET CORP (PODD) - 4.02%	N/A
#14	VICI PROPERTIES INC ORDINARY SHARES (VICI) - 4.01%	N/A
#15	HEWLETT PACKARD ENTERPRISE CO (HPE) - 3.94%	N/A
#16	GODADDY INC CLASS A (GDDY) - 3.90%	N/A
#17	CITIGROUP INC (C) - 3.83%	N/A
#18	INTERCONTINENTAL EXCHANGE INC (ICE) - 3.81%	N/A
#19	NETFLIX INC (NFLX) - 3.78%	N/A
#20	BROADRIDGE FINANCIAL SOLUTIONS INC (BR) - 3.77%	N/A
#21	CAPITAL ONE FINANCIAL CORP (COF) - 3.74%	N/A
#22	INTUIT INC (INTU) - 3.72%	N/A
#23	NXP SEMICONDUCTORS NV (NXPI) - 3.68%	N/A
#24	ZOETIS INC CLASS A (ZTS) - 3.65%	N/A
#25	MASTERCARD INC CLASS A (MA) - 3.61%	N/A
Total Holdings	64	1

NLSI vs TEST - Historical Returns

Returns include dividend reinvestment.

Period	NLSI	TEST
1 month	+4.51%	-4.08%
3 months	+14.57%	+0.88%
6 months	+11.75%	-6.36%
Max(CAGR)	+14.83%	-1.04%

Winner

NLSI

+4.51%

TEST

-4.08%

Winner

NLSI

+14.57%

TEST

+0.88%

Winner

NLSI

+11.75%

TEST

-6.36%

Max(CAGR)

Winner

NLSI

+14.83%

TEST

-1.04%

NLSI vs TEST - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	NLSI	TEST
2026	+7.64%	-6.51%
2025	+1.89%	+9.04%

NLSI vs TEST Drawdown Comparison

The maximum drawdown for NLSI was -13.82%, occurring on Apr 10, 2026. Recovery took 91 trading sessions.

The maximum drawdown for TEST was -23.35%, occurring on Apr 8, 2026. This drawdown has not yet recovered.

The current NLSI drawdown is -1.53%. The current TEST drawdown is -14.90%.

Rank	NLSI	TEST
#1	-13.82% Jan 7, 2026 - May 19, 2026	-23.35% Dec 22, 2025 - Apr 8, 2026
#2	-8.08% Jun 1, 2026 - Jun 17, 2026	-3.69% Dec 16, 2025 - Dec 22, 2025
#3	-1.68% Dec 26, 2025 - Jan 6, 2026	-2.75% Nov 19, 2025 - Nov 24, 2025
#4	-0.93% May 26, 2026 - May 29, 2026	-2.25% Dec 5, 2025 - Dec 10, 2025
#5	-0.64% May 19, 2026 - May 22, 2026	-0.83% Dec 10, 2025 - Dec 12, 2025
#6	-0.53% Dec 15, 2025 - Dec 18, 2025	-0.04% Nov 28, 2025 - Dec 2, 2025
#7	-0.08% Dec 11, 2025 - Dec 15, 2025	N/A
#8	-0.05% Dec 22, 2025 - Dec 24, 2025	N/A