NEOS S&P 500 High Income ETF (SPYI)
| Assets | $2.78B |
| Expense Ratio | 0.68% |
| PE Ratio | 27.33 |
| Shares Out | 54.16M |
| Dividend (ttm) | $6.12 |
| Dividend Yield | 11.84% |
| Ex-Dividend Date | Dec 24, 2024 |
| Payout Ratio | 323.55% |
| 1-Year Return | +6.87% |
| Volume | 774,940 |
| Open | 51.60 |
| Previous Close | 51.37 |
| Day's Range | 51.58 - 51.77 |
| 52-Week Low | 46.38 |
| 52-Week High | 52.78 |
| Beta | 0.70 |
| Holdings | 510 |
| Inception Date | Aug 30, 2022 |
About SPYI
Fund Home PageThe NEOS S&P 500 High Income ETF (SPYI) is an exchange-traded fund that mostly invests in large cap equity. The fund aims for tax-efficient and high monthly income by actively investing in stocks and options on the S&P 500 Index. The fund employs a call spread approach that uses SPX index option futures contracts. SPYI was launched on Aug 30, 2022 and is issued by Neos.
Top 10 Holdings
36.40% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.77% |
| NVIDIA Corporation | NVDA | 6.51% |
| Microsoft Corporation | MSFT | 6.25% |
| Amazon.com, Inc. | AMZN | 4.07% |
| Meta Platforms, Inc. | META | 2.64% |
| Tesla, Inc. | TSLA | 2.30% |
| Alphabet Inc. | GOOGL | 2.29% |
| Broadcom Inc. | AVGO | 2.06% |
| Alphabet Inc. | GOOG | 1.84% |
| Berkshire Hathaway Inc. | BRK.B | 1.67% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2024 | $0.5164 | Dec 26, 2024 |
| Nov 20, 2024 | $0.5206 | Nov 21, 2024 |
| Oct 23, 2024 | $0.5196 | Oct 24, 2024 |
| Sep 25, 2024 | $0.5147 | Sep 26, 2024 |
| Aug 21, 2024 | $0.5564 | Aug 22, 2024 |
| Jul 24, 2024 | $0.5088 | Jul 25, 2024 |
News
SPYI Vs. GPIX, The Differences Are Subtle, But Important
SPYI and GPIX both use covered call strategies, but GPIX has outperformed SPYI in a bull market due to its more aggressive options selling. SPYI's higher dividend rate comes from selling more at-the-m...
10-13% Yields That Will Complete Your Dividend Portfolio
Dividend investing has a lot going for it. However, most dividend ETFs and dividend portfolios are missing an important component. This article offers some high-yielding solutions to fill that void.
NEOS Lists Real Estate High Income ETF IYRI
NEOS Investments expanded its options-based income ETF lineup in the real estate sector today. The firm launched the NEOS Real Estate High Income ETF (IYRI), broadening its options income strategy cov...
Why 12%-Yielding SPYI Will Likely Beat The S&P 500 In 2025
SPY outperformed Neos S&P 500(R) High Income ETF in 2024. However, I think the tables are about to turn. I explain why.
SPYI: Is The 11.9% Dividend Yield Secure? We Think Not
SPYI is a buy-write ETF from Neos with an 11.9% dividend yield, benefiting from a strong equity rally since its 2022 IPO. The fund employs a call option strategy on the S&P 500 Index, potentially offe...
VIDEO: ETF of the Week: Biggest ETF Stories of 2024
On this special New Year's episode of “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth joined Chuck Jaffe of Money Life to talk about the year in review.
SPYI: AuM Has Grown More Than 700% Since Inception, With A Yield Exceeding 11%
SPYI's AUM surged over 700% in 15 months, showcasing its strong performance and investor appeal for generating high monthly income through a tax-efficient option overlay strategy. Despite capping some...
NEOS Investments Announces December ETF Suite Distributions
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces December monthly distribution amounts for their...
The ETF Flowdown: Wrapping Up 2024
Investors are closing the books on another eventful year — marked by record highs for the major stock market indices, record action in Treasury yields and record assets and flows into ETFs. 2024 was a...
The Top 4 Tax Efficient Income Stories of 2024
Volatility remains a market mainstay of the last few years, creating challenges and opportunities for investors. While the forward-looking path of inflation and interest rates continues to be uncertai...
Dividend Harvesting Portfolio Week 197: $19,700 Allocated, $1,889.19 In Projected Dividends
This week saw market gains and a slight decline in my Dividend Harvesting Portfolio, emphasizing the importance of staying grounded and vigilant in investing. The portfolio's profitability stands at 2...
SPYI: A 12% Yield With A Nice Tax Treatment
NEOS S&P 500 High Income ETF offers a high yield through a covered-call strategy, appealing to income-focused investors despite underperforming the S&P 500 in total return. SPYI exhibits lower volatil...
Dividend Harvesting Portfolio Week 196: $19,600 Allocated, $1,876.88 In Projected Dividends
The S&P 500 is projected to finish between 6,700 and 7,200 in 2025, driven by lower Fed rates and potential corporate tax cuts. The Dividend Harvesting Portfolio reached new all-time highs with a 29.0...
SPYI: Well Managed Fund Relative To Alternatives
SPYI is a well-managed fund that outperforms peers over the long term from a total return perspective and offers a fantastic yield for income investors to enjoy. SPYI's atypical strategy allows them t...
NEOS Investments Announces November ETF Suite Distributions
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces November monthly distribution amounts for their...
Dividend Harvesting Portfolio Week 194: $19,400 Allocated, $1,855.76 In Projected Dividends
Market volatility post-election and Fed Chair Powell's remarks led to declines in major indices and specific stocks like Pfizer and Coca-Cola. Diversification in my Dividend Harvesting Portfolio mitig...
Investors Flock to SPYI's 12% Distribution Rate
Options-based income strategies proved their worth in the last few years, adding diversification and a differentiated source of income generation. The NEOS S&P 500 High Income ETF (SPYI) remains a pop...
Dividend Harvesting Portfolio Week 193: $19,300 Allocated, $1,844.97 In Projected Dividends
The Dividend Harvesting Portfolio rebounded strongly post-election, with profitability increasing by $688.50, resulting in a 27.13% return on invested capital. I added to positions in Realty Income, S...
Retirement Income Machines: SPYI And 2 Big Yields
SPYI has a lot to offer as a core retirement dividend income holding. We discuss its two biggest weaknesses. We share two big dividend stocks that can be combined with SPYI to remedy its weaknesses wh...
SPYI Vs. JEPI: Which Of These 7% - 12% Yielding Funds Is The Better Buy?
JEPI offers a conservative risk profile with a stable ~7% yield, making it one of the better 'high income' ETFs on the market. SPYI's unique strategy of purchasing OTM calls boosts upside potential vs...
Are dividend ETFs like QYLD, XYLD, and SPYI worth it?
Active Exchange Traded Funds (ETFs) are booming, with companies like JPMorgan, Goldman Sachs, and Global X fighting to gain market share in the industry. Data shows that these active funds, which oft...
Dividend Harvesting Portfolio Week 188: $18,800 Allocated, $1,764.21 In Projected Dividends
The Dividend Harvesting Portfolio hit new highs, generating $1,764.21 in forward dividend income, with a 24.70% return on invested capital. Added to NEOS S&P 500 High Income ETF and NEOS Nasdaq-100 Hi...
SPYI: Buy This For The 12% Target Distributions
SPYI's dynamic options strategy aims for a 12% distribution rate, balancing income and capital appreciation, but sacrifices some total returns compared to other funds. The fund's flexible approach adj...
SPYI Is Generating An 11.59% Yield And Upside That Can Continue
The Neos S&P 500 High Income ETF (SPYI) offers double-digit yields and some upside participation, making it attractive for income investors amid rate cuts. SPYI's strategy involves writing covered cal...