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SPYH - ETF AI Analysis
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NEOS S&P 500 Hedged Equity Income ETF (SPYH)
Rating:74Outperform
Price Target:―
Positive Factors
Blue-Chip Tech Leaders
The ETF’s largest positions are in well-known, dominant technology and growth companies that have strong long-term business franchises.
Broad Sector Diversification
Holdings spread across many sectors, including technology, financials, health care, and consumer stocks, help reduce the impact of weakness in any single industry.
Focused U.S. Market Exposure
The fund is invested almost entirely in U.S. companies, giving investors targeted exposure to the U.S. stock market.
Negative Factors
Recent Weak Performance
The ETF has shown slightly negative returns over the past month, three months, and year to date, indicating recent performance has been soft.
Heavy Concentration in Mega-Cap Tech
A large share of the portfolio is tied up in a handful of big technology names, which increases the fund’s sensitivity to swings in those stocks.
Relatively High Expense Ratio
The fund’s fee is on the higher side for an ETF tracking large U.S. stocks, which can modestly reduce net returns over time.
SPYH vs. SPDR S&P 500 ETF (SPY)
AUM20.59M
RegionNorth America
Expense Ratio0.68%
Beta0.68
IssuerNeos
Inception DateApr 02, 2025
Dividend Yield6.18%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume16,076
30 Day Avg. Volume11,500
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
66.60Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering483
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPYH Summary
The NEOS S&P 500 Hedged Equity Income ETF (SPYH) is an exchange-traded fund that invests in many of the largest U.S. companies, similar to the S&P 500, with a focus on generating monthly income and reducing big market drops using options. It holds well-known names like Apple, Microsoft, Nvidia, Amazon, and Tesla, and is heavily invested in technology and other major sectors of the U.S. economy. Someone might consider SPYH for broad stock market exposure plus extra income and some built-in downside protection. A key risk is that it can still lose value and will move up and down with the overall stock market.
How much will it cost me?The NEOS S&P 500 Hedged Equity Income ETF (SPYH) has an expense ratio of 0.68%, meaning you’ll pay $6.80 per year for every $1,000 invested. This is higher than average because it is actively managed and uses a complex strategy involving options to hedge against market volatility and provide income.
What would affect this ETF?The NEOS S&P 500 Hedged Equity Income ETF (SPYH) could benefit from growth in the technology sector, which makes up a significant portion of its holdings, as well as strong performance from top companies like Nvidia, Microsoft, and Apple. However, rising interest rates or economic slowdowns could negatively impact its financial and consumer cyclical sector exposure, while broader market volatility might challenge its hedging strategy. Regulatory changes or shifts in tax policies could also influence the ETF's income-generating approach.
SPYH Top 10 Holdings
SPYH is essentially riding the Big Tech roller coaster, with a heavy U.S. tilt and a clear concentration in mega-cap technology and communication names. Nvidia, Microsoft, and Apple have recently been losing steam, which can weigh on returns given their outsized roles. Meta and Tesla are also lagging, adding to the drag. On the brighter side, Alphabet and Amazon have been rising and help offset some of that weakness. Overall, the fund’s story is dominated by a handful of tech giants, with the options overlay aiming to smooth out the bumps.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.41% | $1.52M | $4.23T | 39.54% | 76 Outperform | |
| Apple | 6.76% | $1.38M | $4.06T | 18.94% | 79 Outperform | |
| Microsoft | 5.11% | $1.05M | $3.08T | 0.22% | 79 Outperform | |
| Amazon | 3.95% | $809.40K | $2.49T | -1.35% | 71 Outperform | |
| Alphabet Class A | 3.35% | $686.55K | $4.02T | 74.06% | 85 Outperform | |
| Alphabet Class C | 2.69% | $552.27K | $4.02T | 64.03% | 82 Outperform | |
| Meta Platforms | 2.57% | $525.69K | $1.69T | -5.09% | 76 Outperform | |
| Broadcom | 2.56% | $525.66K | $1.46T | 32.78% | 76 Outperform | |
| Tesla | 2.01% | $411.41K | $1.52T | 7.36% | 73 Outperform | |
| Berkshire Hathaway B | 1.55% | $317.97K | $1.09T | 6.35% | 66 Neutral |
SPYH Technical Analysis
Positive
―
Price Trends
54.86
Positive
54.16
Positive
51.91
Positive
Market Momentum
0.17
Positive
50.53
Neutral
42.07
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPYH, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 55.32, equal to the 50-day MA of 54.86, and equal to the 200-day MA of 51.91, indicating a neutral trend. The MACD of 0.17 indicates Positive momentum. The RSI at 50.53 is Neutral, neither overbought nor oversold. The STOCH value of 42.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPYH.
SPYH Peer Comparison
Comparison Results
Performance Comparison
SPYH
NEOS S&P 500 Hedged Equity Income ETF
55.22
12.17
28.27%
BCUS
Bancreek U.S. Large Cap ETF
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UPSD
Aptus Large Cap Upside ETF
―
―
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LVDS
JPMorgan Fundamental Data Science Large Value ETF
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―
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ACEP
ARS Core Equity Portfolio ETF
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―
―
EGGY
NestYield Dynamic Income Shield ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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