---
ticker: "NLSI"
name: "NEOS Long/Short Equity Income ETF"
url: "https://etf.net/etf/NLSI"
grade: "F"
score: 19
graded_at: "2026-10-12"
category: "US Active Equity"
category_rank: "122 of 127"
methodology: "https://etf.net/methodology"
---

# NLSI: NEOS Long/Short Equity Income ETF

Grade **F**, Score 19 of 100. Rank 122 of 127 in US Active Equity.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 0 | 126 of 127 |
| Mission | 100 | 1 of 48 |
| Risk | 30 | 105 of 126 |
| Tradability | 36 | 92 of 127 |
| Holdings | 35 | 103 of 124 |
| Durability | 26 | 116 of 127 |

## Top holdings

The fund holds 34 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | Cash&Other | Cash & Other | 20.11% |
| 2 | MU | Micron Technology Inc | 14.35% |
| 3 | MPC | Marathon Petroleum Corp | 6.27% |
| 4 | VLO | Valero Energy Corp | 5.70% |
| 5 | HPE | Hewlett Packard Enterprise Co | 5.34% |
| 6 | CRM | Salesforce Inc | 4.69% |
| 7 | PSX | Phillips 66 | 4.45% |
| 8 | CVX | Chevron Corp | 4.21% |
| 9 | FANG | Diamondback Energy Inc | 4.18% |
| 10 | GDDY | GoDaddy Inc | 4.17% |
| 11 | DIS | Walt Disney Co/The | 4.14% |
| 12 | DG | Dollar General Corp | 4.11% |
| 13 | PYPL | PayPal Holdings Inc | 4.06% |
| 14 | AIG | American International Group Inc | 4.06% |
| 15 | UBER | Uber Technologies Inc | 3.98% |
| 16 | OXY | Occidental Petroleum Corp | 3.98% |
| 17 | DLTR | Dollar Tree Inc | 3.92% |
| 18 | ACGL | Arch Capital Group Ltd | 3.89% |
| 19 | PODD | Insulet Corp | 3.88% |
| 20 | INTU | Intuit Inc | 3.88% |
| 21 | PGR | Progressive Corp/The | 3.87% |
| 22 | UDR | UDR Inc | 3.61% |
| 23 | IVZ | Invesco Ltd | 3.61% |
| 24 | ALL | Allstate Corp/The | 3.52% |
| 25 | ABNB | Airbnb Inc | 3.43% |
| 26 | COF | Capital One Financial Corp | 3.40% |
| 27 | GS | Goldman Sachs Group Inc/The | 3.24% |
| 28 | CSGP | CoStar Group Inc | 3.23% |
| 29 | APP | AppLovin Corp | 3.08% |
| 30 | WDC | Western Digital Corp | 2.79% |

Source: etf.net, https://etf.net/etf/NLSI. Please cite the page URL.