NEOS S&P 500 High Income ETF (SPYI)
| Assets | $1.30B |
| Expense Ratio | 0.68% |
| PE Ratio | 21.68 |
| Shares Out | 25.23M |
| Dividend (ttm) | $5.87 |
| Dividend Yield | 11.74% |
| Ex-Dividend Date | Apr 24, 2024 |
| Payout Ratio | 254.25% |
| 1-Year Return | +2.77% |
| Volume | 673,183 |
| Open | 50.04 |
| Previous Close | 49.98 |
| Day's Range | 49.97 - 50.07 |
| 52-Week Low | 44.90 |
| 52-Week High | 50.62 |
| Beta | n/a |
| 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
35.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.28% |
| Apple Inc | AAPL | 6.36% |
| NVIDIA Corporation | NVDA | 5.36% |
| Amazon.com, Inc. | AMZN | 3.87% |
| Meta Platforms, Inc. | META | 2.51% |
| Alphabet Inc. | GOOGL | 2.50% |
| Alphabet Inc. | GOOG | 2.12% |
| Berkshire Hathaway Inc. | BRK.B | 1.83% |
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 1.75% |
| First American Treasury Obligs X | FXFXX | 1.59% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Nov 22, 2023 | $0.4783 | Nov 27, 2023 |
News
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...
Options Income ETF SPYI Crosses $1 Billion AUM
The options-based income category rose to prominence in the last two years and continues to garner investor interest. The NEOS S&P 500 High Income ETF (SPYI), launched in the latter half of 2022, rece...
Bull vs Bear: Do Alts Still Have a Place in 2024?
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides to debate controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to play eith...
Troy Cates Talks Growth of Options-Based Strategies
The last two years benefited options-based strategies enormously as investors sought to boost their income in challenging markets. I recently sat down with Troy Cates, co-founder and managing partner ...
Strong Performing Covered Call ETFs
Earlier in March, I joined ETF Prime with Nate Geraci. We discussed the status of his 2024 ETF predictions.
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...