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SPYI - ETF AI Analysis
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NEOS S&P 500 High Income ETF (SPYI)
Rating:74Outperform
Price Target:―
Positive Factors
Large And Growing Fund Size
The ETF manages several billion dollars in assets, suggesting strong investor interest and solid liquidity for trading.
Broad Sector Diversification
Holdings spread across technology, financials, communication services, consumer sectors, health care, and more help reduce the impact of weakness in any single industry.
Exposure To Leading U.S. Companies
The fund’s top positions include many of the largest and most established U.S. firms, which are widely followed and have strong competitive positions in their industries.
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.
High Concentration In Mega-Cap Tech
A large portion of the portfolio is tied up in a handful of big technology and communication names, increasing the fund’s sensitivity to swings in those stocks.
Above-Average Expense Ratio
The fund’s fee is relatively high for an ETF tracking large U.S. stocks, which can gradually eat into long-term returns.
SPYI vs. SPDR S&P 500 ETF (SPY)
AUM7.77B
RegionNorth America
Expense Ratio0.68%
Beta0.77
IssuerNeos
Inception DateAug 30, 2022
Dividend Yield11.64%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,466,198
30 Day Avg. Volume3,199,821
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
62.59Price 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) invests mainly in large U.S. companies similar to those in the S&P 500, with a focus on generating higher income for investors. It holds many well-known names such as Apple, Microsoft, Nvidia, Amazon, and Alphabet, and is heavily tilted toward technology and other major sectors of the U.S. economy. Someone might consider SPYI if they want broad exposure to big U.S. companies plus extra income potential. A key risk is that it can rise and fall with the stock market and is especially sensitive to swings in large tech stocks.
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
SPYI is leaning heavily on U.S. mega-cap tech, with Nvidia, Microsoft, and Apple sitting in the driver’s seat. Lately, though, this tech trio has been losing a bit of steam, which has weighed on the fund despite their long-term strength. Alphabet and Amazon have been the bright spots, with rising share prices helping to offset some of that tech fatigue. Meta and Tesla, both lagging recently, add to the choppiness. Overall, the ETF is very U.S.-centric and tech-tilted, so Big Tech’s mood largely sets the tone.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.74% | $599.94M | $4.58T | 44.91% | 76 Outperform | |
| Apple | 6.74% | $522.25M | $4.02T | 15.94% | 79 Outperform | |
| Microsoft | 5.19% | $402.12M | $3.07T | 1.11% | 79 Outperform | |
| Amazon | 3.38% | $262.33M | $2.22T | -8.83% | 71 Outperform | |
| Alphabet Class A | 3.11% | $241.45M | $3.85T | 76.64% | 85 Outperform | |
| Broadcom | 2.70% | $209.36M | $1.61T | 45.52% | 76 Outperform | |
| Alphabet Class C | 2.50% | $193.82M | $3.85T | 74.94% | 82 Outperform | |
| Meta Platforms | 2.46% | $190.71M | $1.70T | -6.64% | 76 Outperform | |
| Tesla | 2.02% | $156.53M | $1.60T | 24.01% | 73 Outperform | |
| Berkshire Hathaway B | 1.55% | $120.41M | $1.08T | 5.58% | 66 Neutral |
SPYI Technical Analysis
Positive
―
Price Trends
52.18
Positive
51.33
Positive
49.06
Positive
Market Momentum
0.14
Positive
56.97
Neutral
58.30
Neutral
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 52.57, equal to the 50-day MA of 52.18, and equal to the 200-day MA of 49.06, indicating a bullish trend. The MACD of 0.14 indicates Positive momentum. The RSI at 56.97 is Neutral, neither overbought nor oversold. The STOCH value of 58.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPYI.
SPYI Peer Comparison
Comparison Results
Performance Comparison
SPYI
NEOS S&P 500 High Income ETF
52.93
6.72
14.54%
QQQI
NEOS Nasdaq 100 High Income ETF
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FELC
Fidelity Enhanced Large Cap Core ETF
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DIVO
Amplify CWP Enhanced Dividend Income ETF
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TCAF
T. Rowe Price Capital Appreciation Equity ETF
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GRNY
Fundstrat Granny Shots US Large Cap 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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