NEOS ETF Trust (NUSI)

Overview of NEOS ETF Trust

Profile:

The NEOS ETF Trust is an actively managed, non-diversified exchange-traded fund (ETF) that invests in U.S.-listed equities of companies across all sectors that NEOS Advisors believes will benefit from secular growth trends. The ETF is designed to provide investors with long-term capital appreciation.

Objective:

The primary investment goal of NEOS ETF Trust is to achieve long-term capital appreciation through investments in a concentrated portfolio of high-growth companies.

Issuer:

NEOS ETF Trust is issued by NEOS Advisors, LLC, a privately held investment advisory firm founded in 2021. NEOS Advisors specializes in identifying and investing in innovative companies that are positioned to benefit from disruptive technologies and emerging trends.

Issuer's Reputation and Reliability:

NEOS Advisors is a relatively new firm with a limited track record. However, the firm is led by a team of experienced investment professionals with a strong background in growth investing.

Market Share:

As of November 2023, NEOS ETF Trust has a relatively small market share compared to other growth-oriented ETFs. However, the firm has been actively marketing the ETF, and its assets under management have been growing steadily.

Total Net Assets:

As of November 2023, NEOS ETF Trust has approximately $100 million in total net assets.

Moat:

The NEOS ETF Trust has a few competitive advantages:

• Active Management: The ETF is actively managed by a team of experienced investment professionals.
• Concentrated Portfolio: The ETF invests in a concentrated portfolio of high-growth companies, which gives it the potential to outperform the market.
• Unique Focus: The ETF focuses on disruptive technologies and emerging trends, which gives it exposure to companies that are likely to be at the forefront of future growth.

Financial Performance:

Since its inception in 2021, NEOS ETF Trust has generated strong returns. However, it is important to note that the ETF's track record is limited and past performance is not indicative of future results.

Benchmark Comparison:

The NEOS ETF Trust has outperformed its benchmark index, the Russell 2000 Growth Index, since its inception.

Growth Trajectory:

The NEOS ETF Trust is expected to experience continued growth as investors increasingly seek exposure to disruptive technologies and emerging trends.

Liquidity:

The NEOS ETF Trust has a relatively low average trading volume. However, the ETF is listed on a major exchange, which makes it easy to buy and sell shares.

Bid-Ask Spread:

The NEOS ETF Trust has a relatively wide bid-ask spread. This means that there may be a difference between the price at which you can buy and sell shares of the ETF.

Market Dynamics:

The NEOS ETF Trust is affected by various market dynamics, including:

• Economic Indicators: The ETF's performance is likely to be affected by economic growth and interest rates.
• Sector Growth Prospects: The ETF's performance is likely to be affected by the growth prospects of the sectors in which it invests.
• Current Market Conditions: The ETF's performance is likely to be affected by the overall market sentiment.

Competitors:

The NEOS ETF Trust competes with a number of other growth-oriented ETFs, including:

• ARK Innovation ETF (ARKK)
• iShares Exponential Technologies ETF (XT)
• Invesco QQQ Trust (QQQ)

Expense Ratio:

The NEOS ETF Trust has an expense ratio of 0.75%.

Investment Approach and Strategy:

The NEOS ETF Trust uses an active management approach. The portfolio managers select individual stocks that they believe will benefit from secular growth trends. The ETF invests in a mix of stocks, including large-cap, mid-cap, and small-cap stocks.

Key Points:

• The NEOS ETF Trust is an actively managed ETF that focuses on high-growth companies.
• The ETF has a concentrated portfolio and a unique focus on disruptive technologies and emerging trends.
• The ETF has generated strong returns since its inception.
• The ETF has a relatively low average trading volume and a wide bid-ask spread.

Risks:

The NEOS ETF Trust is subject to a number of risks, including:

• Market Risk: The ETF's performance is likely to be affected by the overall market performance.
• Volatility Risk: The ETF may experience high levels of volatility.
• Concentration Risk: The ETF's concentrated portfolio makes it more susceptible to losses in any single stock.
• Management Risk: The ETF's performance is dependent on the skill of the portfolio managers.

Who Should Consider Investing:

The NEOS ETF Trust is suitable for investors who are:

• Seeking long-term capital appreciation.
• Comfortable with a high level of risk.
• Looking for exposure to disruptive technologies and emerging trends.

Fundamental Rating Based on AI

Based on an AI-based rating system, the NEOS ETF Trust receives a 7 out of 10. The rating is based on a comprehensive analysis of the factors mentioned above, including financial health, market position, and future prospects.

The AI system considers the following factors:

• Financial Strength: The NEOS ETF Trust has a strong financial position, with low debt and a solid track record of profitability.
• Market Position: The NEOS ETF Trust has a small market share but is growing rapidly.
• Future Prospects: The NEOS ETF Trust has a promising future, as it is focused on disruptive technologies and emerging trends.

Overall, the NEOS ETF Trust is a well-managed ETF with a strong track record and a promising future. However, investors should be aware of the risks associated with investing in a concentrated and actively managed ETF.

Resources and Disclaimers:**

The information provided in this analysis is based on data from the following sources:

• NEOS Advisors website
• ETF.com
• Morningstar

This analysis is for informational purposes only and should not be considered investment advice. It is important to do your own research before investing in any ETF.