NOVZvsSPYIETF Comparison
ETF 1
NOVZ
TrueShares Structured Outcome November ETF - USD
This fund is part of
Options Strategies
-0.88%
VS
TrueShares Structured Outcome November ETF - USD (NOVZ) and NEOS S&P 500 High Income ETF (SPYI) belong to the same industry segment: Options Strategies. NOVZ is more expensive with a Total Expense Ratio (TER) of 0.79%, versus 0.68% for SPYI. NOVZ is up 8.28% year-to-date (YTD) with +$17M in YTD flows. SPYI performs better with 11.28% YTD performance, and +$5.43B in YTD flows. Run a side-by-side ETF comparison of NOVZ and SPYI 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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NOVZ vs SPYI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | NOVZ SPYI | +0.87%+1.71% | +0.78%+2.73% | +8.28%+11.28% | +11.46%+15.93% | +55.86%+60.69% | +61.88%n/a |
| Flows | NOVZ SPYI | -+$465M | +$2M+$1.86B | +$17M+$5.43B | +$16M+$6.58B | +$15M+$11.71B | +$27M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | NOVZ SPYI | +8.48%+8.90% | +9.55%+10.72% | +11.52%+12.54% | +12.90%n/a |
| Max drawdown | NOVZ SPYI | -2.67%-2.47% | -6.65%-7.69% | -14.50%-16.58% | -17.00%n/a |
| Max drawdown duration | NOVZ SPYI | 64d15d | 92d48d | 126d125d | 548dn/a |
Trading data
NOVZ | SPYI | |
Last sale 10/16/2026 at 1:30 PM | $47.53 | $53.35 |
| Previous close 10/15/2026 | $47.95 | $53.82 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
NOVZ | SPYI | |
|---|---|---|
| Last price | $47.53 | $53.35 |
| 1D performance | -0.88% | -0.87% |
| AuM | $37.08 M | $12.49 B |
| E/R | 0.79% | 0.68% |
Characteristics
NOVZ | SPYI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | TrueShares | NEOS Investment Management |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 1, 2020 | August 30, 2022 |
| ESG | No | No |
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Exposure
Countries
NOVZ
Data will be available soon
SPYI
Data will be available soon
Sectors
NOVZ
Data will be available soon
SPYI
Data will be available soon
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Diversification
NOVZ
Data will be available soon
SPYI
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
NOVZ
Data will be available soon
SPYI
Data will be available soon
Frequently asked questions about NOVZ and SPYI
How have the NOVZ and SPYI ETFs performed in 2026?
As of October 16, 2026, NOVZ is up 8.28% year-to-date (YTD), while SPYI has returned 11.28%. That puts SPYI better performer ahead so far this year.
Which ETF is attracting more investor money: NOVZ or SPYI?
Year-to-date, the NOVZ ETF saw +$17M in flows, compared to +$5.43B for SPYI.
Which ETF is more volatile: NOVZ or SPYI?
Over the past year, NOVZ had a volatility of 9.55%, while SPYI experienced 10.72%.
Which ETF is bigger: NOVZ or SPYI?
As of October 16, 2026, NOVZ holds $37.08 M in assets under management (AUM), while SPYI manages $12.49 B.
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