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KNCTvsNLSIETF Comparison

ETF 1

KNCT

Invesco Next Gen Connectivity ETF

This fund is part of

Digital Infrastructure and Connectivity

+1.54%

Full KNCT fund page

VS

ETF 2

NLSI

NEOS Long/Short Equity Income ETF

This fund is part of

Alternatives

+0.56%

Full NLSI fund page

Invesco Next Gen Connectivity ETF (KNCT) belongs to the Digital Infrastructure and Connectivity segment. NEOS Long/Short Equity Income ETF (NLSI) is part of the Alternatives segment. KNCT's top 3 sector exposures are Information Technology, Communication Services and Real Estate. In contrast, NLSI's top sector exposures are Information Technology, Communication Services and Financials. KNCT is less expensive with a Total Expense Ratio (TER) of 0.4%, versus 2.89% for NLSI. KNCT is up 24.49% year-to-date (YTD) with +$10M in YTD flows. NLSI performs worse with -6.57% YTD performance, and -$3M in YTD flows. Run a side-by-side ETF comparison of KNCT and NLSI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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KNCT vs NLSI performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	KNCT NLSI	+16.99%+2.45%	+19.21%-4.21%	+24.49%-6.57%	+67.46%n/a	+135.12%n/a	+97.22%n/a
Flows	KNCT NLSI	+$3M-$457K	-$3M-$2M	+$10M-$3M	+$66M-	+$45M-	+$49M-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	KNCT NLSI	+24.81%+21.31%	+18.03%n/a	+18.66%n/a	+22.29%n/a
Max drawdown	KNCT NLSI	-9.82%-10.15%	-9.82%n/a	-21.00%n/a	-34.41%n/a
Max drawdown duration	KNCT NLSI	41d88d	41dn/a	111dn/a	969dn/a

Trading data

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	KNCT	NLSI
Last sale 4/24/2026 at 1:30 PM	$167.24
Previous close 04/24/2026	$163.42
Consolidated volume 04/24/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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NLSI

is actively managed and doesn’t replicate an index

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	KNCT	NLSI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	KNCT	NLSI
Last price	$167.24	–
1D performance	+2.34%	–
AuM	$131.66 M	$1.89 M
E/R	0.4%	2.89%

Characteristics

	KNCT	NLSI
Management strategy	Passive	Active
Provider	Invesco	NEOS Investment Management
Benchmark	STOXX World AC NexGen Connectivity Index	-
N° of holdings	89	59
Asset class	Equities	-
Trailing 12m distribution yield	Join	Join
Inception date	June 23, 2005	December 10, 2025
ESG	No	No

More KNCT data on Trackinsight

More NLSI data on Trackinsight

Exposure

Countries

KNCT

USA

67.17%

Republic of Korea

9.66%

Taiwan

9.16%

Other

14.01%

NLSI

Data will be available soon

Sectors

KNCT

Information Techn.

72.59%

Communication Ser.

17.27%

Other

10.14%

NLSI

Data will be available soon

Diversification

KNCT

Total weight of top 15 holdings out of 15

63.45%

NLSI

Data will be available soon

Top 15 holdings

Data as of March 31, 2026

KNCT

APPLE

8.20%

TWN SEMICONT MAN

7.95%

BROADCOM LIMITED

7.54%

SAMSUNG ELECTR

6.44%

MICRON TECHNOLOGY

5.19%

CISCO-T

4.61%

VERIZON COMMUNICATIONS

3.35%

INTEL-T

3.22%

SK HYNIX

3.21%

AT&T

3.18%

INTL BUSINESS MACHINES CORP

2.55%

US0404132054

2.16%

QUALCOMM

2.14%

PALO ALTO NETWORKS

1.89%

T-MOBILE US INC

1.83%

NLSI

Data will be available soon

Frequently asked questions about KNCT and NLSI

How have the KNCT and NLSI ETFs performed in 2026?

As of April 24, 2026, KNCT is up 24.49% year-to-date (YTD), while NLSI has lost -6.57%. That puts KNCT better performer ahead so far this year.

Which ETF is attracting more investor money: KNCT or NLSI?

Year-to-date, the KNCT ETF saw +$10M in flows, compared to -$3M for NLSI.

Which ETF is bigger: KNCT or NLSI?

As of April 24, 2026, KNCT holds $131.66 M in assets under management (AUM), while NLSI manages $1.89 M.

What sectors do the KNCT and NLSI ETFs invest in?

KNCT leans toward sectors like Information Technology and Communication Services. Meanwhile, NLSI focuses on Information Technology, Communication Services and Financials.

What are the top holdings of the KNCT ETF and NLSI ETF?

KNCT top holdings include APPLE, TWN SEMICONT MAN and BROADCOM LIMITED. NLSI holds in its top three: MICRON TECHNOLOGY, OCCIDENTAL U and T-MOBILE US INC.

KNCTvsNLSIETF Comparison

Invesco Next Gen Connectivity ETF

NEOS Long/Short Equity Income ETF

KNCT vs NLSI performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the KNCT and NLSI ETFs performed in 2026?

As of April 24, 2026, KNCT is up 24.49% year-to-date (YTD), while NLSI has lost -6.57%. That puts KNCT better performer ahead so far this year.

Which ETF is attracting more investor money: KNCT or NLSI?

Year-to-date, the KNCT ETF saw +$10M in flows, compared to -$3M for NLSI.

Which ETF is bigger: KNCT or NLSI?

As of April 24, 2026, KNCT holds $131.66 M in assets under management (AUM), while NLSI manages $1.89 M.

What sectors do the KNCT and NLSI ETFs invest in?

KNCT leans toward sectors like Information Technology and Communication Services. Meanwhile, NLSI focuses on Information Technology, Communication Services and Financials.

What are the top holdings of the KNCT ETF and NLSI ETF?

KNCT top holdings include APPLE, TWN SEMICONT MAN and BROADCOM LIMITED. NLSI holds in its top three: MICRON TECHNOLOGY, OCCIDENTAL U and T-MOBILE US INC.

Which ETF is more diversified: KNCT or NLSI?

KNCT holds 95 securities with 63.45% of its assets in the top 15. NLSI has 60 securities and a top 15 weight of 64.38%.

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