NLSI vs VYM
NEOS Long/Short Equity Income ETF vs Vanguard High Dividend Yield ETF
Which is better, NLSI or VYM?
Long-Short Strategy against Large Cap Value.
VYM 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 | VYM |
|---|---|---|
| Expense Ratio | 2.89% | 0.04%Best |
| AUM | $5M | $78.9B |
| Dividend Yield | 4.35% | 2.37% |
| Holdings | 67 | 608 |
| YTD Return | +15.64%Best | +11.83% |
| 1Y Return | - | +15.96% |
| 3Y Return (annualized) | - | +18.60% |
| 5Y Return (annualized) | - | +11.51% |
| Fund Family | NEOS | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Long-Short Strategy | Large Cap Value |
| Inception | Dec 10, 2025 | Nov 10, 2006 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
NLSI vs VYM 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 VYM Performance
NEOS Long/Short Equity Income ETF (NLSI) is an ETF from NEOS and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Year to date, NLSI is up 15.64% versus a gain of 11.83% for VYM.
Past performance does not guarantee future results.
Fees and Cost Over Time
NLSI charges 2.89% per year while VYM charges 0.04%. On a $10,000 position that is $289 vs $4 annually, a gap of $285 per year that compounds over a long holding period. On income, NLSI currently yields 4.35% against 2.37% for VYM.
Holdings Overlap
At least 13.7% of VYM'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.
VYM and NLSI share little of their money.
28 positions in common, counted across the 60 positions we hold weights for in NLSI and 602 in VYM, against full books of 67 and 608.
Top Shared Holdings
| Stock | Weight in NLSI | Weight in VYM | Difference |
|---|---|---|---|
| MPCMarathon Petroleum Corp | 5.57% | 0.44% | 5.13% |
| CVXChevron Corp | 4.29% | 1.54% | 2.75% |
| VLOValero Energy | 5.13% | 0.43% | 4.70% |
| DISWalt Disney Co | 4.25% | 0.77% | 3.48% |
| GSGoldman Sachs Group Inc/The | 3.65% | 1.12% | 2.53% |
| PSXPhillips 66 | 4.19% | 0.40% | 3.79% |
| PGRProgressive Corporation | 4.01% | 0.51% | 3.50% |
| HPEHewlett Packard Enterprise Co | 4.11% | 0.28% | 3.83% |
| OXYOccidental Petroleum Corp. | 4.17% | 0.18% | 3.99% |
| ALLAllstate Corp. | 4.04% | 0.27% | 3.77% |
You are not choosing between two funds in isolation.
Whichever of NLSI and VYM 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 VYM?
NLSI has an expense ratio of 2.89% while VYM charges 0.04%. VYM is the cheaper option, by $285 a year on a $10,000 investment.
What is the holdings overlap between NLSI and VYM?
At least 13.7% of VYM's money is in holdings NLSI also owns. Our book for NLSI is partial, so the real figure is this or higher. They hold 28 positions in common, counted across the 60 positions we hold weights for in NLSI and 602 in VYM.
Which pays a higher dividend, NLSI or VYM?
NLSI yields 4.35% while VYM yields 2.37%, so NLSI currently pays the higher dividend yield.
Is VYM better than NLSI?
VYM has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.