NIHI vs SPY
NEOS MSCI EAFE High Income ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | NIHI | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.09% | |
| AUM | $183M | $789.1B | |
| Dividend Yield | 8.30% | 1.01% | |
| Holdings | 4 | 505 | |
| YTD Return | +3.71% | +13.39% | |
| 1Y Return | +8.90% | +22.52% | |
| 3Y Return (annualized) | - | +21.36% | |
| 5Y Return (annualized) | - | +13.19% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -11.7% | -56.5% | |
| Fund Family | NEOS | State Street Investment Management | |
| Category | Fixed Income | Equity | |
| Inception | Sep 17, 2025 | Jan 22, 1993 |
NIHI vs SPY Performance
NEOS MSCI EAFE High Income ETF (NIHI) is a ETF from NEOS and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year NIHI returned +8.90% while SPY returned +22.52%. Year to date, NIHI is up 3.71% versus a gain of 13.39% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -11.7% for NIHI and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
NIHI charges 0.68% per year while SPY charges 0.09%. On a $10,000 position that is $68 vs $9 annually, a gap of $59 per year that compounds over a long holding period. On income, NIHI currently yields 8.30% against 1.01% for SPY.
Holdings Overlap
NIHI and SPY share 0 holdings out of 504 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NIHI or SPY?
NIHI has an expense ratio of 0.68% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $59 per year of difference.
Which performed better, NIHI or SPY?
Over the past year NIHI returned +8.90% vs +22.52% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between NIHI and SPY?
NIHI and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 504 unique securities.
Which pays a higher dividend, NIHI or SPY?
NIHI yields 8.30% while SPY yields 1.01%, so NIHI currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.