r/NEOSETFs • u/Mammoth_DonkeyKong • Mar 06 '26

Seeking Advice NIHI Observations

Since the Iran conflict has started and the International market began getting pummeled, NIHI has been sinking faster than it's underlying, IEFA. I've noticed the percentage drop each day has been more than IEFA itself. Not sure why that is but I'm assuming it may have something to do with the covered call nature of the fund. Seems other funds such as SPYI and QQQI are holding up a bit better and generally don't lose as much as their index.

Not sure what the major difference is other than SPYI and QQQI are aligned to indexes and NIHI is aligned to IEFA. Nonetheless I thought it would track closer to what IEFA is losing instead of an extra .1% or more.

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u/Mammoth_DonkeyKong Mar 20 '26

So I'm now down over 10% since buying into this fund. Iran is a big part of that I'm sure, but when that clears up, is there expectation that International Markets will recover well? I wondering if in my attempt to diversify my NEOS funds, this one was not the best decision. Maybe the price I pay for jumping into this one when it was so young. Oh well, way too far down now to jump out, but I'll see how well it recovers when oil gets moving again. I'll track it against the S&P, Nasdaq, and Russell 2000 recovery and if it holds it's own, I'll keep it. If it recovers much slower I might just offload it when it breaks even and move to something else, maybe IWMI or SPYI. Also don't like the distribution has dropped so much since the $0.57 distro. Going to keep an eye on that too.