SPYI - ETF AI Analysis

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NEOS S&P 500 High Income ETF (SPYI)

Rating:73Outperform

Price Target:―

The NEOS S&P 500 High Income ETF (SPYI) benefits from strong contributions by holdings like Apple and Alphabet, which are supported by robust financial performance, strategic investments in AI and cloud services, and positive earnings call sentiment. However, the ETF's overall rating is tempered by weaker-performing holdings such as Berkshire Hathaway, which faces bearish momentum and lacks a dividend yield, and Tesla, which is impacted by valuation concerns. A key risk factor for this ETF is its concentration in high-valuation tech stocks, which could lead to volatility in certain market conditions.

Positive Factors

Strong Top Holdings

Several of the ETF's largest positions, such as Nvidia, Broadcom, and Alphabet, have delivered strong year-to-date performance, supporting overall returns.

Sector Diversification

The ETF is spread across multiple sectors, including technology, financials, and healthcare, reducing reliance on any single industry.

Healthy Asset Growth

The fund has a significant amount of assets under management, indicating strong investor confidence and stability.

Negative Factors

High Technology Exposure

With over 35% of the portfolio in technology, the ETF is heavily reliant on the performance of this single sector, increasing vulnerability to tech market downturns.

Limited Geographic Exposure

The ETF is entirely focused on U.S. companies, which may limit diversification and expose investors to domestic market risks.

Moderate Expense Ratio

The fund's expense ratio is higher than some low-cost ETFs, which could slightly reduce net returns for investors over time.

SPYI vs. SPDR S&P 500 ETF (SPY)

AUM6.44B

RegionNorth America

Expense Ratio0.68%

Beta0.77

IssuerNeos

Inception DateAug 30, 2022

Dividend Yield11.62%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume1,884,988

30 Day Avg. Volume2,714,021

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

61.28

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering504

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

SPYI Summary

The NEOS S&P 500 High Income ETF (SPYI) is an investment fund that focuses on large U.S. companies, offering exposure to the S&P 500. It includes well-known names like Nvidia and Microsoft, making it a great choice for investors who want to invest in industry-leading businesses. This ETF is designed for those seeking both growth and income, as it combines the potential for capital appreciation with strategies to generate higher income. It’s a good option for diversifying your portfolio while benefiting from the stability of large-cap stocks. However, since it heavily invests in sectors like technology, its performance can be affected by market swings in that area.

How much will it cost me?The NEOS S&P 500 High Income ETF (SPYI) 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 uses actively managed strategies to maximize income potential, which typically involves more management and operational costs.

What would affect this ETF?The NEOS S&P 500 High Income ETF (SPYI) could benefit from continued 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 large-cap stocks and income-focused strategies, while regulatory changes in sectors like technology or financials might also pose risks.

SPYI Top 10 Holdings

The NEOS S&P 500 High Income ETF leans heavily on technology giants like Nvidia and Apple, which have shown mixed performance recently. Nvidia’s long-term growth story in AI is promising, but short-term momentum has cooled, while Apple’s steady gains reflect its resilience despite valuation concerns. Microsoft has been a drag on the fund, with recent weakness overshadowing its cloud and AI strengths. Alphabet’s strong rally, driven by AI and cloud investments, has been a bright spot, helping offset lagging names like Meta and Tesla. With a clear tilt toward U.S. tech, the fund’s performance hinges on the sector’s ability to sustain its leadership.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	7.69%	$495.94M	$4.43T	33.67%	76 Outperform
AAPL	Apple	7.13%	$459.64M	$4.12T	12.62%	79 Outperform
MSFT	Microsoft	6.19%	$399.47M	$3.59T	10.09%	80 Outperform
AMZN	Amazon	3.82%	$246.20M	$2.45T	0.35%	71 Outperform
GOOGL	Alphabet Class A	3.19%	$206.06M	$3.88T	78.89%	81 Outperform
AVGO	Broadcom	3.15%	$203.27M	$1.84T	124.15%	76 Outperform
GOOG	Alphabet Class C	2.57%	$165.93M	$3.88T	77.56%	82 Outperform
META	Meta Platforms	2.52%	$162.82M	$1.70T	8.68%	80 Outperform
TSLA	Tesla	2.20%	$142.01M	$1.51T	12.77%	73 Outperform
BRK.B	Berkshire Hathaway B	1.60%	$103.31M	$1.09T	7.19%	66 Neutral

SPYI Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

51.78

Positive

100DMA

50.78

Positive

200DMA

48.06

Positive

Market Momentum

MACD

0.31

Negative

RSI

60.27

Neutral

STOCH

89.28

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPYI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 52.03, equal to the 50-day MA of 51.78, and equal to the 200-day MA of 48.06, indicating a bullish trend. The MACD of 0.31 indicates Negative momentum. The RSI at 60.27 is Neutral, neither overbought nor oversold. The STOCH value of 89.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPYI.

SPYI Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
SPYI	―	―	$6.44B	0.68%	―
QQQI	―	―	$6.74B	0.68%	―
TCAF	―	―	$6.23B	0.31%	―
FELC	―	―	$5.94B	0.18%	―
DIVO	―	―	$5.72B	0.56%	―
GRNY	―	―	$3.84B	0.75%	―

Performance Comparison

SPYI

NEOS S&P 500 High Income ETF

52.77

6.28

13.51%

QQQI

NEOS Nasdaq 100 High Income ETF

―

TCAF

T. Rowe Price Capital Appreciation Equity ETF

―

FELC

Fidelity Enhanced Large Cap Core ETF

―

DIVO

Amplify CWP Enhanced Dividend Income ETF

―

GRNY

Fundstrat Granny Shots US Large Cap ETF

―

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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