TEST vs NLSI

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

TEST vs NLSI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

TEST

$4.60M

NLSI

$4.60M

Expense Ratio

Winner

TEST

1.01%

NLSI

2.89%

Max Drawdown

TEST

29.06%

Winner

NLSI

14.96%

Sharpe Ratio

TEST

0.03

Winner

NLSI

0.63

5Y Beta

TEST

1.65

Winner

NLSI

0.45

P/E Ratio

TEST

N/A

NLSI

13.98

Forward P/E

TEST

N/A

NLSI

8.31

PEG Ratio

TEST

N/A

NLSI

0.10

5Y EPS CAGR

TEST

N/A

NLSI

40.58%

Debt to Equity

TEST

N/A

NLSI

91.21%

P/S Ratio

TEST

N/A

NLSI

3.04

P/B Ratio

TEST

N/A

NLSI

3.04

TEST vs NLSI - Holdings Comparison

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

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

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

TEST vs NLSI - Historical Returns

Returns include dividend reinvestment.

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

TEST

-4.08%

Winner

NLSI

+4.51%

TEST

+0.88%

Winner

NLSI

+14.57%

TEST

-6.36%

Winner

NLSI

+11.75%

Max(CAGR)

TEST

-1.04%

Winner

NLSI

+14.83%

TEST vs NLSI - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

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

TEST vs NLSI Drawdown Comparison

The maximum drawdown for TEST was -23.35%, occurring on Apr 8, 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 TEST drawdown is -14.90%. The current NLSI drawdown is -1.53%.

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