NEOS S&P 500 High Income ETF (SPYI)
The NEOS S&P 500 High Income ETF (SPYI) aims to provide high monthly income to investors while managing their tax liabilities effectively. The Fund invests in the components of the S&P 500 Index and uses a data-informed call option strategy, which involves both selling and purchasing SPX index options, in order to capitalize on potential gains during equity market upswings.
ETF Info
US78433H303
78433H303
Aug 29, 2022
1x
No Index (Active)
Distributing
Large-Cap
Blend
Expense Ratio
SPYI has an expense ratio of 0.68%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
NEOS S&P 500 High Income ETF (SPYI) returned 1.27% year-to-date (YTD) and 11.76% over the past 12 months.
SPYI
1.27%
7.76%
0.39%
11.76%
N/A
N/A
^GSPC (Benchmark)
0.60%
9.64%
-0.54%
11.47%
15.67%
10.79%
Monthly Returns
The table below presents the monthly returns of SPYI, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.40% | -0.55% | -4.61% | -0.39% | 4.66% | 1.27% | |||||||
| 2024 | 1.76% | 3.40% | 2.33% | -3.36% | 3.94% | 2.17% | 1.15% | 2.45% | 1.68% | -0.25% | 4.38% | -1.82% | 19.03% |
| 2023 | 4.14% | -0.80% | 3.12% | 2.26% | 1.31% | 3.77% | 2.19% | -0.67% | -3.97% | -1.30% | 4.73% | 2.35% | 18.10% |
| 2022 | -0.51% | -7.79% | 5.78% | 4.74% | -4.03% | -2.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SPYI is 73, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for NEOS S&P 500 High Income ETF (SPYI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
NEOS S&P 500 High Income ETF provided a 12.42% dividend yield over the last twelve months, with an annual payout of $6.14 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Dividend | $6.14 | $6.12 | $5.79 | $1.89 |
Dividend yield | 12.42% | 12.04% | 12.01% | 4.10% |
Monthly Dividends
The table displays the monthly dividend distributions for NEOS S&P 500 High Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.52 | $0.51 | $0.51 | $0.46 | $0.00 | $2.00 | |||||||
| 2024 | $0.49 | $0.50 | $0.50 | $0.49 | $0.50 | $0.51 | $0.51 | $0.56 | $0.51 | $0.52 | $0.52 | $0.52 | $6.12 |
| 2023 | $0.48 | $0.47 | $0.47 | $0.48 | $0.49 | $0.50 | $0.50 | $0.49 | $0.49 | $0.47 | $0.48 | $0.48 | $5.79 |
| 2022 | $0.49 | $0.46 | $0.48 | $0.46 | $1.89 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the NEOS S&P 500 High Income ETF. 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 S&P 500 High Income ETF was 16.47%, occurring on Apr 8, 2025. The portfolio has not yet recovered.
The current NEOS S&P 500 High Income ETF drawdown is 2.84%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.47% | Feb 20, 2025 | 34 | Apr 8, 2025 | — | — | — |
| -10.19% | Sep 13, 2022 | 14 | Sep 30, 2022 | 84 | Feb 1, 2023 | 98 |
| -7.55% | Aug 2, 2023 | 62 | Oct 27, 2023 | 32 | Dec 13, 2023 | 94 |
| -6.61% | Jul 17, 2024 | 14 | Aug 5, 2024 | 10 | Aug 19, 2024 | 24 |
| -6.02% | Feb 7, 2023 | 23 | Mar 10, 2023 | 23 | Apr 13, 2023 | 46 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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