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SPYHvsRAUSETF Comparison

ETF 1
SPYH

NEOS S&P 500 Hedged Equity Income ETF

This fund is part of
Options Strategies
+0.4%
VS
ETF 2
RAUS

Research Affiliates Cap-Weighted US ETF

This fund is part of
US Multi-Factor
+0.58%

NEOS S&P 500 Hedged Equity Income ETF (SPYH) belongs to the Options Strategies segment. Research Affiliates Cap-Weighted US ETF (RAUS) is part of the US Multi-Factor segment. SPYH's top 3 sector exposures are Information Technology, Communication Services and Financials. In contrast, RAUS's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. SPYH is more expensive with a Total Expense Ratio (TER) of 0.68%, versus 0.15% for RAUS. SPYH is up 4.52% year-to-date (YTD) with +$12M in YTD flows. RAUS performs better with 9.96% YTD performance, and +$22M in YTD flows. Run a side-by-side ETF comparison of SPYH and RAUS 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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SPYH vs RAUS performance and flow charts

Performance

-2.0-1.00.01.02.03.0%May 12May 19May 27Jun 3Jun 10

Cumulative Flows

0 M0.5 M1 M1.5 M2 M2.5 M3 M3.5 MMay 12May 19May 27Jun 3Jun 10

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Historic performance and flows
Data as of 06/12/2026
1M3MYTD1Y3Y5Y
Perf.
SPYH
RAUS
+0.33%+0.74%
+5.33%+12.05%
+4.52%+9.96%
+16.21%n/a
n/an/a
n/an/a
Flows
SPYH
RAUS
+$3M+$3M
+$4M+$10M
+$12M+$22M
+$26M-
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
SPYH
RAUS
+9.54%+15.11%
+8.18%n/a
n/an/a
n/an/a
Max drawdown
SPYH
RAUS
-3.94%-5.28%
-5.98%n/a
n/an/a
n/an/a
Max drawdown duration
SPYH
RAUS
22d21d
50dn/a
n/an/a
n/an/a
Trading data

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SPYH
RAUS
Last sale
6/12/2026 at 1:30 PM
$55.71
$29.02
Previous close
06/11/2026
$55.50
$28.88
Consolidated volume
06/11/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of May 29, 2026
1-year trailing difference

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SPYH
is actively managed and doesn’t replicate an index

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SPYH
RAUS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 6/12/2026 at 1:30 PM
Live
Closed
SPYH
RAUS
Last price
$55.71
$29.02
1D performance
+0.38%
+0.48%
AuM$30.08 M$52.83 M
E/R0.68%0.15%
Characteristics
SPYH
RAUS
Management strategyActivePassive
ProviderNEOS Investment ManagementAlpha Architect
Benchmark-RACWI US Index
N° of holdings455469
Asset class--
Trailing 12m distribution yield
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Inception dateApril 2, 2025September 11, 2025
ESGNoNo
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Exposure

Countries

SPYH
USA
99.87%
Other
0.13%
RAUS
USA
96.52%
Other
3.48%

Sectors

SPYH
Information Techn.
37.39%
Communication Ser.
11.17%
Financials
10.44%
Consumer Discreti.
10.13%
Health Care
8.42%
Industrials
7.85%
Other
14.6%
RAUS
Information Techn.
35.48%
Communication Ser.
10.84%
Consumer Discreti.
10.32%
Financials
10.03%
Health Care
8.23%
Industrials
7.48%
Other
17.62%
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Diversification

SPYH

Total weight of top 15 holdings out of 15

46.19%
RAUS

Total weight of top 15 holdings out of 15

46.5%

Top 15 holdings

Data as of April 30, 2026
SPYH
NVIDIA
8.92%
APPLE
6.72%
MICROSOFT-T
5.28%
AMAZON.COM INC
4.33%
ALPHABET INC-CL
3.46%
BROADCOM LIMITED
3.35%
ALPHABET INC-CL
2.75%
META PLATFORMS
2.51%
TESLA
1.80%
BERKSHIRE HATHWAY
1.48%
JPMORGAN CHASE
1.47%
LILLY
1.12%
EXXON
1.06%
MICRON TECHNOLOGY
0.98%
WALMART INC
0.96%
RAUS
NVIDIA
8.50%
APPLE
6.48%
ALPHABET INC-CL
6.15%
MICROSOFT-T
5.29%
AMAZON.COM INC
4.25%
BROADCOM LIMITED
3.26%
META PLATFORMS
2.49%
TESLA
2.12%
BERKSHIRE HATHWAY
1.47%
JPMORGAN CHASE
1.39%
LILLY
1.24%
EXXON
1.04%
MICRON TECHNOLOGY
0.98%
WALMART INC
0.93%
JOHNSON&JOHNSON
0.91%
Frequently asked questions about SPYH and RAUS

How have the SPYH and RAUS ETFs performed in 2026?

As of June 12, 2026, SPYH is up 4.52% year-to-date (YTD), while RAUS has returned 9.96%. That puts RAUS better performer ahead so far this year.

Which ETF is attracting more investor money: SPYH or RAUS?

Year-to-date, the SPYH ETF saw +$12M in flows, compared to +$22M for RAUS.

Which ETF is bigger: SPYH or RAUS?

As of June 12, 2026, SPYH holds $30.08 M in assets under management (AUM), while RAUS manages $52.83 M.

What sectors do the SPYH and RAUS ETFs invest in?

SPYH leans toward sectors like Information Technology, Communication Services and Financials. Meanwhile, RAUS focuses on Information Technology, Communication Services and Consumer Discretionary.

What are the top holdings of the SPYH ETF and RAUS ETF?

SPYH top holdings include NVIDIA, APPLE and MICROSOFT-T. RAUS holds in its top three: NVIDIA, APPLE and ALPHABET INC-CL.

Which ETF is more diversified: SPYH or RAUS?

SPYH holds 480 securities with 46.19% of its assets in the top 15. RAUS has 492 securities and a top 15 weight of 46.5%.

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