NEOS MSCI EAFE High Income ETF
$51.41−0.78 (−1.49%)
- Expense ratio
- 0.75%
- Fund size
- $204M
- 1Y return
- +16.6%
- Yield · Last 12 months
- Data unavailable
- Volume · 30D
- 0M sh
- NAV per share
- $51.38
- 52W range
The ETF.net NIHI Grade
Score 58 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 56Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 54Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 79Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 41Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 63Category rank
Our read on NIHI
BNEOS took its options-income playbook overseas: own the developed-markets EAFE basket, sell calls on the index itself, pay cash out monthly. The stated goal is high income delivered tax-efficiently, with room left for the stocks to appreciate.
The Fund seeks high monthly income in a tax-efficient manner while retaining potential for equity appreciation. It invests in ETFs or stocks tracking the MSCI EAFE Investable Market Index and primarily writes call options on that index.
Why people hold it
- Holds EAFE developed-market equity exposure and writes calls on the MSCI EAFE Investable Market Index, turning overseas stock volatility into cash that goes out monthly.neosfunds.com
- Calls are written at the index level rather than name by name, so no single holding gets its upside capped on its own. The prospectus frames the aim as high income in a tax-efficient manner.neosfunds.com
- Most covered-call income funds camp on US large caps. This one points the overlay at developed markets outside the US, a corner with only a handful of competitors.neosfunds.com
Worth knowing
- The 0.75% fee sits above the 0.50% median for its peer group. EFAA runs 0.42% and HOLA 0.50% for their own international overlays.
- Selling calls trades away part of a big rally: when EAFE runs hard, the premium collected is the ceiling on that slice of the move.neosfunds.com
- Payouts can include return of capital, meaning part of a distribution may be your own money coming back. The fund launched in 2025, so the history is short.neosfunds.com
NIHI Holdings
- Stocks
- —
- 100%
- IEFA
Sectors
Geography
NIHI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NIHI |
|---|---|
| Year to date | +11.0% |
| 1 month | −0.4% |
| 3 months | +3.4% |
| 1 year | +16.6% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NIHI |
|---|---|---|
| 2026 YTD | +11.0% | |
| 2025 | +5.3% |
NIHI in the news
ETF.net Research hasn’t filed on NIHI yet — coverage lands here as it’s written.
NIHI Dividends
- $0.42 per share
- Monthly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 16, 2026 | Sep 18, 2026 | $0.42 |
| Aug 19, 2026 | Aug 21, 2026 | $0.43 |
| Jul 22, 2026 | Jul 24, 2026 | $0.42 |
| Jun 16, 2026 | Jun 18, 2026 | $0.41 |
| May 20, 2026 | May 22, 2026 | $0.42 |
| Apr 22, 2026 | Apr 24, 2026 | $0.43 |
| Mar 18, 2026 | Mar 20, 2026 | $0.41 |
| Feb 18, 2026 | Feb 20, 2026 | $0.44 |
| Jan 21, 2026 | Jan 23, 2026 | $0.57 |
| Dec 24, 2025 | Dec 26, 2025 | $0.56 |
| Nov 26, 2025 | Nov 28, 2025 | $0.40 |
| Oct 22, 2025 | Oct 24, 2025 | $0.40 |
NIHI Risk
- —
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- —
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −10.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.64
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NIHI Cost
- The middle half of Index Option Income funds
- Median 0.81%
10 of the 25 Index Option Income funds charge less.