NLSIvsQOWZETF Comparison
NEOS Long/Short Equity Income ETF (NLSI) belongs to the Alternatives segment. Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is part of the US Multi-Factor segment. NLSI's top 3 sector exposures are Information Technology, Financials and Health Care. In contrast, QOWZ's top sector exposures are Information Technology, Industrials and Health Care. NLSI is more expensive with a Total Expense Ratio (TER) of 2.89%, versus 0.39% for QOWZ. NLSI is down -12.37% year-to-date (YTD) with -$3M in YTD flows. QOWZ performs better with -11.04% YTD performance, and +$8K in YTD flows. Run a side-by-side ETF comparison of NLSI and QOWZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
NLSI vs QOWZ performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | NLSI QOWZ | -6.74%-5.03% | -11.95%-12.27% | -12.37%-11.04% | n/a+6.47% | n/an/a | n/an/a |
| Flows | NLSI QOWZ | -+$8K | -$3M+$8K | -$3M+$8K | --$3M | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | NLSI QOWZ | +20.15%+17.84% | n/a+15.98% | n/an/a | n/an/a |
| Max drawdown | NLSI QOWZ | -11.95%-15.76% | n/a-17.83% | n/an/a | n/an/a |
| Max drawdown duration | NLSI QOWZ | 88d88d | n/a164d | n/an/a | n/an/a |
NLSI | QOWZ | |
Last sale 4/10/2026 at 1:30 PM | $31.83 | |
| Previous close 04/09/2026 | $32.16 | |
| Consolidated volume 04/09/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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NLSI | QOWZ | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
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NLSI | QOWZ | |
|---|---|---|
| Last price | – | $31.83 |
| 1D performance | – | -1.02% |
| AuM | $2.21 M | $12.73 M |
| E/R | 2.89% | 0.39% |
NLSI | QOWZ | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | NEOS Investment Management | Invesco |
| Benchmark | - | Nasdaq US Free Cash Flow Achievers Index |
| N° of holdings | 60 | 50 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 10, 2025 | December 5, 2023 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
