SPYI - ETF AI Analysis
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NEOS S&P 500 High Income ETF (SPYI)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Top Tech Holdings
Several of the largest technology positions, such as Nvidia, Apple, Broadcom, Alphabet, and Micron, have shown strong gains, helping support the fund’s recent performance.
Broad Sector Diversification
The ETF spreads its investments across many sectors, including technology, financials, communication services, consumer companies, health care, and more, which helps reduce the impact if one area of the market struggles.
Large Asset Base
The fund manages a sizable amount of assets, which can improve trading liquidity and make it easier for investors to buy and sell shares.
Negative Factors
High Fee Level
The expense ratio is on the higher side for an ETF, which means more of the fund’s returns are used to cover costs instead of going to investors.
Heavy Tilt Toward Technology
A large portion of the portfolio is invested in technology stocks, so a downturn in this sector could hurt the fund more than a more balanced ETF.
Concentration in U.S. Market
With almost all of its holdings in U.S. companies, the fund offers little geographic diversification and is highly sensitive to the U.S. economy and stock market.
SPYI vs. SPDR S&P 500 ETF (SPY)
AUM10.84B
RegionNorth America
Expense Ratio0.68%
Beta0.80
IssuerNeos
Inception DateAug 30, 2022
Dividend Yield12.06%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,694,281
30 Day Avg. Volume2,780,421
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
64.08Price 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 exchange-traded fund that invests in many of the largest U.S. companies, similar to the S&P 500, with a special focus on generating higher income for investors. It holds big, well-known names like Apple and Nvidia, and spreads money across many sectors, including technology, finance, and health care. Someone might consider SPYI if they want a mix of potential long-term growth from large U.S. companies plus extra income. A key risk is that it is heavily invested in large U.S. stocks, especially tech, so its value can rise and fall sharply with the stock market.
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 Big Tech, with Apple and Nvidia doing most of the heavy lifting as their shares keep rising on the back of strong earnings and AI enthusiasm. Microsoft and Meta, while still core positions, have been more mixed lately, occasionally losing steam and tempering the fund’s momentum. Amazon and Alphabet sit in the middle of the pack, steady but not setting the pace. Overall, this is a U.S.-centric, tech-heavy ETF where a handful of mega-cap names largely steer performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.98% | $848.45M | $5.01T | 19.22% | 76 Outperform | |
| Apple | 7.40% | $786.93M | $4.89T | 55.70% | 79 Outperform | |
| Microsoft | 4.46% | $474.22M | $2.84T | -25.70% | 79 Outperform | |
| Amazon | 3.61% | $384.10M | $2.50T | 0.29% | 71 Outperform | |
| Alphabet Class A | 2.95% | $313.36M | $3.89T | 65.51% | 85 Outperform | |
| Broadcom | 2.93% | $312.03M | $1.82T | 31.61% | 76 Outperform | |
| Alphabet Class C | 2.38% | $252.94M | $3.89T | 64.41% | 82 Outperform | |
| Meta Platforms | 2.08% | $221.17M | $1.51T | -16.48% | 76 Outperform | |
| Micron | 1.72% | $183.44M | $1.04T | 727.74% | 79 Outperform | |
| ― | 1.52% | $161.87M | ― | ― | ― |
SPYI Technical Analysis
Negative
―
Price Trends
52.40
Negative
50.89
Positive
49.78
Positive
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPYI, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 52.70, equal to the 50-day MA of 52.40, and equal to the 200-day MA of 49.78, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SPYI.
SPYI Peer Comparison
Comparison Results
Performance Comparison
SPYI
NEOS S&P 500 High Income ETF
52.32
7.07
15.62%
JEPI
JPMorgan Equity Premium Income ETF
―
―
―
JEPQ
J.P. Morgan Nasdaq Equity Premium Income ETF
―
―
―
AVLV
Avantis U.S. Large Cap Value ETF
―
―
―
QQQI
NEOS Nasdaq 100 High Income ETF
―
―
―
DUHP
Dimensional US High Profitability 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.
DisclaimerThis 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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