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XPNDvsNLSIETF Comparison

ETF 1
XPND

First Trust Expanded Technology ETF

This fund is part of
Disruptive Technology
+1.26%
VS
ETF 2
NLSI

NEOS Long/Short Equity Income ETF

This fund is part of
Alternatives
+0.56%

First Trust Expanded Technology ETF (XPND) belongs to the Disruptive Technology segment. NEOS Long/Short Equity Income ETF (NLSI) is part of the Alternatives segment. Both ETFs have the same top 3 sector exposures: Information Technology and Communication Services. XPND is less expensive with a Total Expense Ratio (TER) of 0.65%, versus 2.89% for NLSI. XPND is up 4.08% year-to-date (YTD) with -$18M in YTD flows. NLSI performs worse with -6.57% YTD performance, and -$3M in YTD flows. Run a side-by-side ETF comparison of XPND 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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XPND vs NLSI performance and flow charts

Performance

-50510%Mar 24Mar 31Apr 8Apr 15Apr 22

Cumulative Flows

-15,000,000-10,000,000-5,000,0000Mar 24Mar 31Apr 8Apr 15Apr 22

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

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
XPND
NLSI
+11.78%+2.45%
+4.78%-4.21%
+4.08%-6.57%
+33.34%n/a
+110.65%n/a
n/an/a
Flows
XPND
NLSI
-$18M-$457K
-$18M-$2M
-$18M-$3M
+$8M-
+$20M-
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
XPND
NLSI
+22.95%+21.31%
+17.79%n/a
+21.14%n/a
n/an/a
Max drawdown
XPND
NLSI
-12.42%-10.15%
-17.36%n/a
-23.44%n/a
n/an/a
Max drawdown duration
XPND
NLSI
77d88d
177dn/a
126dn/a
n/an/a
Trading data

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XPND
NLSI
Last sale
4/27/2026 at 1:30 PM
$37.21
Previous close
04/24/2026
$37.53
Consolidated volume
04/24/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
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Main metrics
Last update 4/27/2026 at 1:30 PM
Live
Closed
XPND
NLSI
Last price
$37.21
1D performance
-0.86%
AuM$37.54 M$1.89 M
E/R0.65%2.89%
Characteristics
XPND
NLSI
Management strategyActiveActive
ProviderFirst TrustNEOS Investment Management
Benchmark--
N° of holdings4759
Asset class--
Trailing 12m distribution yield
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Inception dateJune 15, 2021December 10, 2025
ESGNoNo
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Exposure

Countries

XPND
USA
99.69%
Other
0.31%
NLSI
Data will be available soon

Sectors

XPND
Information Techn.
74.76%
Communication Ser.
17.58%
Other
7.66%
NLSI
Data will be available soon
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Diversification

XPND

Total weight of top 15 holdings out of 15

65.79%
NLSI
Data will be available soon

Top 15 holdings

Data as of March 31, 2026
XPND
PALANTIR TECHNOLOGIES
4.99%
NETFLIX
4.64%
NVIDIA
4.63%
CISCO-T
4.58%
BROADCOM LIMITED
4.58%
APPLE
4.52%
ALPHABET INC-CL
4.46%
APPLIED MATERIAL
4.44%
MASTERCARD
4.44%
US5128073062
4.40%
MICROSOFT-T
4.39%
VISA INCORPORATION
4.36%
META PLATFORMS
4.17%
INTL BUSINESS MACHINES CORP
3.62%
T-MOBILE US INC
3.57%
NLSI
Data will be available soon
Frequently asked questions about XPND and NLSI

How have the XPND and NLSI ETFs performed in 2026?

As of April 24, 2026, XPND is up 4.08% year-to-date (YTD), while NLSI has lost -6.57%. That puts XPND better performer ahead so far this year.

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

Year-to-date, the XPND ETF saw -$18M in flows, compared to -$3M for NLSI.

Which ETF is bigger: XPND or NLSI?

As of April 24, 2026, XPND holds $37.54 M in assets under management (AUM), while NLSI manages $1.89 M.

What sectors do the XPND and NLSI ETFs invest in?

XPND 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 XPND ETF and NLSI ETF?

XPND top holdings include PALANTIR TECHNOLOGIES, NETFLIX and NVIDIA. NLSI holds in its top three: MICRON TECHNOLOGY, OCCIDENTAL U and T-MOBILE US INC.

Which ETF is more diversified: XPND or NLSI?

XPND holds 50 securities with 65.79% of its assets in the top 15. NLSI has 60 securities and a top 15 weight of 64.38%.

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