NLSI vs SCHD
NEOS Long/Short Equity Income ETF vs Schwab US Dividend Equity ETF
Which is better, NLSI or SCHD?
Long-Short Strategy against Large Cap Value.
SCHD has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | NLSI | SCHD |
|---|---|---|
| Expense Ratio | 2.89% | 0.06%Best |
| AUM | $5M | $111.6B |
| Dividend Yield | 4.35% | 3.24% |
| Holdings | 67 | 206 |
| YTD Return | +15.64% | +24.55%Best |
| 1Y Return | - | +29.85% |
| 3Y Return (annualized) | - | +16.64% |
| 5Y Return (annualized) | - | +9.54% |
| Fund Family | NEOS | Charles Schwab Asset Management |
| Category | Alternative | Equity |
| Style | Long-Short Strategy | Large Cap Value |
| Inception | Dec 10, 2025 | Oct 20, 2011 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
NLSI vs SCHD growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
NLSI vs SCHD Performance
NEOS Long/Short Equity Income ETF (NLSI) is an ETF from NEOS and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Year to date, NLSI is up 15.64% versus a gain of 24.55% for SCHD.
Past performance does not guarantee future results.
Fees and Cost Over Time
NLSI charges 2.89% per year while SCHD charges 0.06%. On a $10,000 position that is $289 vs $6 annually, a gap of $283 per year that compounds over a long holding period. On income, NLSI currently yields 4.35% against 3.24% for SCHD.
Holdings Overlap
At least 9.2% of SCHD's money is in holdings NLSI also owns.
Only one direction is shown: for NLSI, our book for it lists positions totalling 130.1% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
SCHD and NLSI share little of their money.
4 positions in common, counted across the 60 positions we hold weights for in NLSI and 98 in SCHD, against full books of 67 and 206.
You are not choosing between two funds in isolation.
Whichever of NLSI and SCHD you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NLSI or SCHD?
NLSI has an expense ratio of 2.89% while SCHD charges 0.06%. SCHD is the cheaper option, by $283 a year on a $10,000 investment.
What is the holdings overlap between NLSI and SCHD?
At least 9.2% of SCHD's money is in holdings NLSI also owns. Our book for NLSI is partial, so the real figure is this or higher. They hold 4 positions in common, counted across the 60 positions we hold weights for in NLSI and 98 in SCHD.
Which pays a higher dividend, NLSI or SCHD?
NLSI yields 4.35% while SCHD yields 3.24%, so NLSI currently pays the higher dividend yield.
Is SCHD better than NLSI?
SCHD has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.