The NEOS S&P 500 Hedged Equity Income ETF (SPYH) is a unique investment vehicle that combines the potential for high monthly income with a strategic focus on downside protection. As a premier offering in the Large Cap category with a niche emphasis on broad-based equity exposure, SPYH actively invests in a diversified portfolio of stocks within the S&P 500 Index. What sets this ETF apart is its innovative use of a put spread collar strategy, employing options contracts on the S&P 500 Index to hedge against market volatility. This approach not only aims to provide tax-efficient income but also seeks to safeguard investors against significant market downturns, making it an attractive option for those seeking to balance growth with risk management in their equity investments.
NEOS S&P 500 Hedged Equity Income ETF (SPYH) Fund Flow Chart
NEOS S&P 500 Hedged Equity Income ETF (SPYH) 1 year Net Flows: $5M
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.