QBY vs NLSI

Comparison between GraniteShares YieldBoost QBTS ETF (QBY, ETF) and NEOS LONG/SHORT EQUITY INCOME ETF (NLSI, ETF).

QBY vs NLSI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	QBY(ETF)	NLSI(ETF)
Net Assets	$2.10M	$2.10M
Expense Ratio	N/A	2.89%
Max Drawdown	65.98%	14.96%
Sharpe Ratio	-2.38	0.22
5Y Beta	1.22	0.47
P/E Ratio	N/A	25.14
Forward P/E	N/A	9.54
PEG Ratio	N/A	0.26
Debt to Equity	N/A	60.46%
P/S Ratio	N/A	1.09
P/B Ratio	N/A	2.51

Net Assets

QBY

$2.10M

NLSI

$2.10M

Expense Ratio

QBY

N/A

NLSI

2.89%

Max Drawdown

QBY

65.98%

Winner

NLSI

14.96%

Sharpe Ratio

QBY

-2.38

Winner

NLSI

0.22

5Y Beta

QBY

1.22

Winner

NLSI

0.47

P/E Ratio

QBY

N/A

NLSI

25.14

Forward P/E

QBY

N/A

NLSI

9.54

PEG Ratio

QBY

N/A

NLSI

0.26

Debt to Equity

QBY

N/A

NLSI

60.46%

P/S Ratio

QBY

N/A

NLSI

1.09

P/B Ratio

QBY

N/A

NLSI

2.51

QBY vs NLSI - Historical Returns

Returns include dividend reinvestment.

Period	QBY	NLSI
1 month	-2.18%	+3.16%
3 months	-5.17%	+10.93%
6 months	-30.54%	+2.40%
Max(CAGR)	-53.58%	+6.08%

QBY

-2.18%

Winner

NLSI

+3.16%

QBY

-5.17%

Winner

NLSI

+10.93%

QBY

-30.54%

Winner

NLSI

+2.40%

Max(CAGR)

QBY

-53.58%

Winner

NLSI

+6.08%

QBY vs NLSI - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	QBY	NLSI
2026	-30.32%	+1.91%
2025	-8.84%	+1.89%

QBY vs NLSI Drawdown Comparison

The maximum drawdown for QBY was -38.79%, occurring on Mar 30, 2026. This drawdown has not yet recovered.

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

The current QBY drawdown is -34.67%. The current NLSI drawdown is -6.77%.

Rank	QBY	NLSI
#1	-38.79% Nov 28, 2025 - Mar 30, 2026	-13.82% Jan 7, 2026 - May 19, 2026
#2	-0.32% Nov 25, 2025 - Nov 28, 2025	-6.77% Jun 1, 2026 - Jun 12, 2026
#3	N/A	-1.68% Dec 26, 2025 - Jan 6, 2026
#4	N/A	-0.93% May 26, 2026 - May 29, 2026
#5	N/A	-0.64% May 19, 2026 - May 22, 2026
#6	N/A	-0.53% Dec 15, 2025 - Dec 18, 2025
#7	N/A	-0.08% Dec 11, 2025 - Dec 15, 2025
#8	N/A	-0.05% Dec 22, 2025 - Dec 24, 2025