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NLSIvsXSDETF Comparison

ETF 1
NLSI

NEOS Long/Short Equity Income ETF

This fund is part of
Alternatives
+0.03%
VS
ETF 2
XSD

State Street SPDR S&P Semiconductor ETF

This fund is part of
US Info. Technology
+0.66%

NEOS Long/Short Equity Income ETF (NLSI) belongs to the Alternatives segment. State Street SPDR S&P Semiconductor ETF (XSD) is part of the US Info. Technology segment. NLSI's top 3 sector exposures are Information Technology, Financials and Health Care. In contrast, XSD's top sector exposures are Information Technology,  NLSI is more expensive with a Total Expense Ratio (TER) of 2.89%, versus 0.35% for XSD. NLSI is down -12.37% year-to-date (YTD) with -$3M in YTD flows. XSD performs better with 15.46% YTD performance, and +$10M in YTD flows. Run a side-by-side ETF comparison of NLSI and XSD 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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NLSI vs XSD performance and flow charts

Performance

-50510%Mar 10Mar 17Mar 24Mar 31Apr 8

Cumulative Flows

0 M2 M4 M6 M8 M10 MMar 10Mar 17Mar 24Mar 31Apr 8

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Historic performance and flows
Data as of 04/10/2026
1M3MYTD1Y3Y5Y
Perf.
NLSI
XSD
-6.74%+11.90%
-11.95%+6.68%
-12.37%+15.46%
n/a+113.14%
n/a+86.92%
n/a+102.67%
Flows
NLSI
XSD
-+$9M
-$3M+$18M
-$3M+$10M
--$40M
--$566M
--$19M
Volatility and drawdown
3M1Y3Y5Y
Volatility
NLSI
XSD
+20.15%+35.50%
n/a+34.31%
n/a+37.16%
n/a+37.76%
Max drawdown
NLSI
XSD
-11.95%-16.98%
n/a-18.68%
n/a-41.25%
n/a-42.26%
Max drawdown duration
NLSI
XSD
88d57d
n/a80d
n/a391d
n/a898d
Trading data

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NLSI
XSD
Last sale
4/10/2026 at 1:30 PM
$370.87
Previous close
04/09/2026
$364.29
Consolidated volume
04/09/2026
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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NLSI
XSD
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 4/10/2026 at 1:30 PM
Live
Closed
NLSI
XSD
Last price
$370.87
1D performance
+1.81%
AuM$2.21 M$1.85 B
E/R2.89%0.35%
Characteristics
NLSI
XSD
Management strategyActivePassive
ProviderNEOS Investment ManagementSPDR
Benchmark-S&P Semiconductor Select Industry Index
N° of holdings6041
Asset class-Equities
Trailing 12m distribution yield
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Inception dateDecember 10, 2025January 31, 2006
ESGNoNo
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Exposure

Countries

NLSI
Data will be available soon
XSD
USA
92.56%
Other
7.44%

Sectors

NLSI
Data will be available soon
XSD
Information Techn.
96.21%
Other
3.79%
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Diversification

NLSI
Data will be available soon
XSD

Total weight of top 15 holdings out of 15

49.59%

Top 15 holdings

Data as of February 28, 2026
NLSI
Data will be available soon
XSD
MICRON TECHNOLOGY
4.22%
SILICON LABS
3.79%
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC
3.60%
POWER INTEGRATIONS
3.44%
ANALOG DEVICES
3.41%
ALLEGRO MICROSYSTEMS
3.36%
LATTICE SEMICONDUCTOR
3.29%
ON SEMICONDUCTOR
3.26%
TEXAS INSTRUMENTS
3.15%
MONOLITHIC POWER SYSTEMS
3.15%
SEMTECH
3.07%
INTEL-T
3.02%
CIRRUS LOGIC
3.01%
MICROCHIP TECHNOLOGY
2.97%
SITIME CORP
2.85%
Frequently asked questions about NLSI and XSD

How have the NLSI and XSD ETFs performed in 2026?

As of April 10, 2026, NLSI is down -12.37% year-to-date (YTD), while XSD has returned 15.46%. That puts XSD better performer ahead so far this year.

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

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

Which ETF is bigger: NLSI or XSD?

As of April 10, 2026, NLSI holds $2.21 M in assets under management (AUM), while XSD manages $1.85 B.

What sectors do the NLSI and XSD ETFs invest in?

NLSI leans toward sectors like Information Technology and Financials. Meanwhile, XSD focuses on Information Technology.

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

NLSI top holdings include MICRON TECHNOLOGY, DECKERS OUTDOOR and DEVON ENERGY. XSD holds in its top three: MICRON TECHNOLOGY, SILICON LABS and MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC.

Which ETF is more diversified: NLSI or XSD?

NLSI holds 60 securities with 69.51% of its assets in the top 15. XSD has 43 securities and a top 15 weight of 49.59%.

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