NEOS Monthly Income
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
QQQI NEOS Nasdaq 100 High Income ETF | Dividend, Options Trading | 50% |
SPYI NEOS S&P 500 High Income ETF | Large Cap Blend Equities, Dividend | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in NEOS Monthly Income, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Jan 30, 2024, corresponding to the inception date of QQQI
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 24.34% | 0.23% | 8.53% | 24.95% | 13.01% | 11.06% |
| NEOS Monthly Income | N/A | 1.05% | 9.06% | N/A | N/A | N/A |
| Portfolio components: | ||||||
SPYI NEOS S&P 500 High Income ETF | 19.85% | -0.17% | 8.64% | 20.14% | N/A | N/A |
QQQI NEOS Nasdaq 100 High Income ETF | N/A | 2.27% | 9.44% | N/A | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of NEOS Monthly Income, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.08% | 4.01% | 1.97% | -3.39% | 4.39% | 2.89% | 0.06% | 2.12% | 2.02% | -0.14% | 4.53% | 18.58% |
Expense Ratio
NEOS Monthly Income features an expense ratio of 0.68%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
SPYI NEOS S&P 500 High Income ETF | 2.15 | 2.83 | 1.46 | 3.12 | 15.28 |
QQQI NEOS Nasdaq 100 High Income ETF | — | — | — | — | — |
Not enough dataDividends
Dividend yield
NEOS Monthly Income provided a 11.16% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | |
|---|---|---|---|
| Portfolio | 11.16% | 6.00% | 2.05% |
| Portfolio components: | |||
SPYI NEOS S&P 500 High Income ETF | 10.84% | 12.01% | 4.10% |
QQQI NEOS Nasdaq 100 High Income ETF | 11.49% | 0.00% | 0.00% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the NEOS Monthly Income. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NEOS Monthly Income was 8.53%, occurring on Aug 5, 2024. Recovery took 32 trading sessions.
The current NEOS Monthly Income drawdown is 2.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.53% | Jul 11, 2024 | 18 | Aug 5, 2024 | 32 | Sep 19, 2024 | 50 |
| -5.19% | Apr 2, 2024 | 14 | Apr 19, 2024 | 18 | May 15, 2024 | 32 |
| -2.71% | Dec 17, 2024 | 3 | Dec 19, 2024 | — | — | — |
| -1.93% | Oct 30, 2024 | 2 | Oct 31, 2024 | 4 | Nov 6, 2024 | 6 |
| -1.44% | Feb 13, 2024 | 6 | Feb 21, 2024 | 1 | Feb 22, 2024 | 7 |
Volatility
Volatility Chart
The current NEOS Monthly Income volatility is 3.04%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| QQQI | SPYI | |
|---|---|---|
| QQQI | 1.00 | 0.92 |
| SPYI | 0.92 | 1.00 |