Neos S&P 500(R) High Income ETF (SPYI)
| Assets | $1.88M |
| Expense Ratio | 0.68% |
| PE Ratio | 19.64 |
| Shares Out | 40,000 |
| Dividend (ttm) | $2.36 |
| Dividend Yield | 5.05% |
| Ex-Dividend Date | Mar 22, 2023 |
| Payout Ratio | 99.18% |
| 1-Year Return | n/a |
| Volume | 2,651 |
| Open | 46.93 |
| Previous Close | 46.47 |
| Day's Range | 46.04 - 46.93 |
| 52-Week Low | 44.61 |
| 52-Week High | 50.18 |
| Beta | -0.80 |
| Holdings | 512 |
| Inception Date | Aug 30, 2022 |
About SPYI
The Neos S&P 500(R) High Income ETF (SPYI) is an exchange-traded fund that mostly invests in total market 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 managed by Neos.
Top 10 Holdings
27.17% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 7.07% |
| Microsoft Corporation | MSFT | 6.17% |
| Amazon.com, Inc. | AMZN | 2.62% |
| NVIDIA Corporation | NVDA | 1.97% |
| Alphabet Inc. | GOOGL | 1.82% |
| Berkshire Hathaway Inc. | BRK.B | 1.63% |
| Alphabet Inc. | GOOG | 1.61% |
| Tesla, Inc. | TSLA | 1.56% |
| Meta Platforms, Inc. | META | 1.36% |
| UnitedHealth Group Incorporated | UNH | 1.35% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 22, 2023 | $0.466 | Mar 24, 2023 |
| Dec 23, 2022 | $0.4614 | Dec 28, 2022 |
| Nov 23, 2022 | $0.4782 | Nov 28, 2022 |
| Oct 26, 2022 | $0.4647 | Oct 28, 2022 |
| Sep 21, 2022 | $0.4853 | Sep 23, 2022 |
News
Marathon Rate Hikes Could Be Nearing End
The Federal Reserve voted unanimously to raise interest rates by 0.25% Wednesday but a tonal shift in the message from the Federal Open Market Committee post-meeting indicates that there might be an e...
Putting Equities to Work for Income: SPYI
February's economic data continues to indicate resiliency and lends continued credence to the narrative of a more aggressive interest rate hike this month from the Fed as market volatility persists.
Troy Cates Talks Income and Yield for CSHI and SPYI on ETF IQ
Troy Cates, co-founder and managing partner at NEOS Investments, recently appeared on “ETF IQ” to talk about the NEOS Enhanced Income Cash Alternative ETF (CSHI), a fund that launched at the end of Au...
Consider NEOS Core Allocation ETFs for Higher Income Opportunities
Markets continue to try to make sense of January's economic data and how it aligns with expectations for the Fed rate hiking regime, with the major indexes logging their worst week all year last Frida...
Don't Sleep on SPYI's Distribution Yield and Income Potential
U.S. equities face a number of challenges this year from economic slowing in response to aggressive Fed interest rate hikes and persistent inflation.
Seeking Higher Income? Consider Core Exposures With NEOS
An unexpectedly strong jobs report has put a pause on the market's forward movement as investors remain focused on a possible Fed response to a resilient jobs market in the coming months. Uncertainty ...
SPYI, a High-Income ETF Within Equities, Up 10% YTD
U.S. equities face several challenges this year with economic slowing and recession risk looming on the near horizon, elevating the need for more tactical exposure to equities in 2023.
A Q&A With NEOS: Income, Tax Efficiency, and More
In the sea of 427 new ETFs launched last year, it can be easy to miss some of the more quietly innovative funds that outperform.
The NEOS High Income ETF Offering Outsized Returns
It's been a bumpy ride for markets so far this year with concerns around the Federal Reserve's monetary policy driving much of the market sentiment, a trend carried over from much of 2022.
Under the Hood of SPYI, the NEOS S&P 500 High Income ETF
Options-based strategies picked up steam in 2022 as advisors and investors searched for ways to mitigate volatility and increase income in a challenged, volatile market environment for equities and bo...
Don't Sleep on These Income ETFs in 2023
Market volatility and uncertainty are likely to persist in at least the first half of 2023 with Federal Reserve rate hikes looming and continued economic slowing.
Enhance Income Through This Call Option Strategy
As the bear market trudges on, volatility is likely to create turbulence. Additionally, inflation is poised to remain at elevated levels for some amount of time.
NEOS Investments Launches Suite of Next Evolution Options Income ETFs
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments is today launching the next evolution in options-powered income-focused ETFs with the launch of the new funds SPYI, BNDI and CHSI