Neos LongShort Competition
| NLSI Etf | 47.54 -0.43 -0.90% |
Neos LongShort and Global X Correlation Summary
Very good diversification
Across the chosen horizon, NLSI and DJIA show a correlation of -0.43 and fall into the Very good diversification bucket. This matters because lower overlap can improve diversification, while higher overlap leaves more of the same risk inside the portfolio.
Moving against Neos Etf
Mean reversion in Neos LongShort is more reliable over longer time horizons. Short-term deviations can persist and even widen before correcting, making position sizing and risk management critical.
Neos LongShort Competition Correlation Matrix
Correlation analysis between Neos LongShort Equity and its competitors helps investors understand whether diversification is real or only superficial inside the same peer group. Peer comparison still matters because industry and category context remain part of the investment case. In practical terms, lower correlation may offer better diversification while higher correlation may leave the portfolio more exposed to one shared driver.
High positive correlations
| High negative correlations
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Neos LongShort Competition Risk-Adjusted Indicators
There is a big difference between Neos Etf performing well and Neos LongShort ETF doing well as a business compared to the competition. A thorough review of Neos LongShort's risk-adjusted indicators provides a clearer picture of whether returns are being earned efficiently. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| META | 1.48 | 0.01 | 0.00 | -0.08 | 0.00 | 2.33 | 14.24 | |||
| MSFT | 1.26 | -0.26 | 0.00 | -0.63 | 0.00 | 2.19 | 13.28 | |||
| UBER | 1.52 | -0.11 | 0.00 | -0.30 | 0.00 | 3.18 | 11.09 | |||
| F | 1.34 | -0.10 | 0.00 | -0.18 | 0.00 | 3.61 | 10.01 | |||
| T | 1.11 | 0.19 | 0.20 | -1.16 | 1.17 | 3.87 | 8.53 | |||
| A | 1.26 | -0.28 | 0.00 | -0.36 | 0.00 | 2.48 | 7.20 | |||
| CRM | 1.82 | -0.38 | 0.00 | -0.67 | 0.00 | 3.41 | 9.78 | |||
| JPM | 1.12 | -0.02 | 0.00 | -0.10 | 0.00 | 2.02 | 8.17 | |||
| MRK | 1.13 | 0.32 | 0.25 | 0.62 | 1.22 | 2.54 | 7.29 | |||
| XOM | 1.34 | 0.44 | 0.34 | 5.51 | 1.15 | 2.90 | 6.83 |
Neos LongShort Competitive Analysis
| Better Than Average | Worse Than Peers | View Performance Chart |
Neos LongShort Competition Peer Performance Charts
How to Analyze Neos LongShort Against Peers
Neos LongShort's peer analysis compares Neos LongShort with related companies to put valuation, quality, and risk metrics in context. This helps determine whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Neos LongShort trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Neos LongShort leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
The competitor view for Neos LongShort covers valuation, profitability, leverage, and growth rate side-by-side - the four dimensions that most reliably separate industry leaders from laggards. The peer set can help frame whether recent outperformance is broad-based or company-specific.
The analytics block for Neos LongShort Equity relies on fund disclosures and market reference feeds, with quality checks and normalization applied before rendering. Timing can vary by data vendor.