NEOS S&P 500 High Income ETF (SPYI)
| Assets | $1.37B |
| Expense Ratio | 0.68% |
| PE Ratio | 21.48 |
| Shares Out | 27.78M |
| Dividend (ttm) | $5.88 |
| Dividend Yield | 11.86% |
| Ex-Dividend Date | May 22, 2024 |
| Payout Ratio | 254.84% |
| 1-Year Return | +2.61% |
| Volume | 389,349 |
| Open | 49.43 |
| Previous Close | 49.31 |
| Day's Range | 49.10 - 49.58 |
| 52-Week Low | 44.90 |
| 52-Week High | 50.62 |
| Beta | 0.68 |
| Holdings | 509 |
| 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
36.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.50% |
| NVIDIA Corporation | NVDA | 6.59% |
| Apple Inc | AAPL | 6.44% |
| Amazon.com, Inc. | AMZN | 3.88% |
| Alphabet Inc. | GOOGL | 2.55% |
| Meta Platforms, Inc. | META | 2.54% |
| Alphabet Inc. | GOOG | 2.17% |
| Berkshire Hathaway Inc. | BRK.B | 1.81% |
| Eli Lilly and Company | LLY | 1.53% |
| Broadcom Inc. | AVGO | 1.45% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 22, 2024 | $0.4997 | May 24, 2024 |
| Apr 24, 2024 | $0.4892 | Apr 26, 2024 |
| Mar 20, 2024 | $0.5014 | Mar 22, 2024 |
| Feb 21, 2024 | $0.4967 | Feb 23, 2024 |
| Jan 24, 2024 | $0.4896 | Jan 26, 2024 |
| Dec 20, 2023 | $0.485 | Dec 22, 2023 |
News
Looking for an Equity Alternative? Consider Covered Call ETFs
Equity investors must currently contend with soaring valuations, concentration risk, volatility, and more within stocks. As more investors look to alternatives for opportunity, covered call ETFs prove...
As Recession Risk Abates, Get S&P 500 Income Exposure
Risk of a recession is abating as capital markets could see interest rate cuts this year with signs of cooling inflation. In turn, global investment firms like UBS are raising their targets for the S&...
NEOS Investments Announces May 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 May monthly distribution amounts for their suit...
ETF of the Week: NEOS S&P 500 High Income ETF (SPYI)
VettaFi's Head of Research Todd Rosenbluth discussed the NEOS S&P 500 High Income ETF (SPYI) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and ...
Why Covered Calls Can Make a Good Alternative
Covered call ETFs remain in focus to advisors, and as such, to asset managers. Indeed, Fidelity recently joined the growing group of well-established asset managers that offer enhanced income ETFs.
Enhance Your S&P 500 Income With SPYI
The equity market bull run continues but remains choppy as inflation and rate uncertainty persist. Investors looking to enhance S&P 500 income and benefit from volatility don't want to miss the NEOS S...
Equity Income ETFs Draw Investors Amid Volatility
Market choppiness persists ahead of key economic data later this week. Even earnings beats prove difficult to lift equity performance as interest rate concerns weigh heavily on investors' minds.
Nasdaq Income ETF QQQI Crosses $100 Million
The recently launched NEOS Nasdaq 100 High Income ETF (QQQI) crossed $100 million in AUM. Given the fund's distribution yields, it's no wonder investors continue flocking to QQQI for targeted income w...
Enhance Your Tax-Efficient Income in Troubled Times
Consumer spending beat expectations last month while consumer confidence fell slightly. The divergence is all part of a larger trend — a tale of two markets — that underscores the uncertainty investor...
Get Magnificent Seven and Tax-Efficient Income With This ETF
As the S&P 500 catches its breath after reaching new highs, it's an ideal time to get “Magnificent Seven” exposure amid the price dips. When you add tax-efficient income to the equation, you get an i...
Own JEPI? Why You Should Add SPYI
The proliferation of options-based strategies in the last few years highlights the popularity and value for investors. Many investors now own some version of an options income strategy in their portfo...
NEOS Investments Announces March 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 March monthly distribution amounts for their su...
SPYI ETF: is the NEOS S&P 500 High Income fund a buy?
The NEOS S&P 500 High Income ETF (SPYI) is gaining traction among income investors because of its substantial yield. Its stock has rebounded to $47.50 after plunging to a low of $44.87 earlier this mo...
The Market May Be Going Nowhere. These Income ETFs Could Benefit.
Covered call strategies limit potential gains in exchange for the income they generate.
SPYI inflows are rising: Is it a good covered call ETF to buy?
American stocks are doing well this year, with the Dow Jones, S&P 500, and the Nasdaq 100 indices rising by double-digits. At the same time, demand for covered call ETFs has jumped, as evidenced by th...