Distribution yield
12.04%
Source-reported
Not a guaranteed future yield
SPYITax-aware S&P incomeSource-reported data
NEOS S&P 500 High Income ETF (SPYI)
An actively managed S&P 500 options-income strategy designed for high monthly distributions with more flexible call exposure than full buy-write funds.
Review record
- Reviewer
- TopETFList Editorial Team
- Issuer checked
- 2026-09-08
- Dataset imported
- Sep 7, 2026
- Dataset
- 97e56f011b2e
Current scorecard
Income, return, cost, and scale
Cumulative return
+78.0%
Source-reported
Source-defined since-inception figure
AUM
$11.7B
Source-reported
Rounded assets under management
Expense ratio
0.68%
Issuer-verified
Official issuer fund information
Payout schedule
Monthly
Issuer-verified
Frequency may change; payments are not guaranteed
Inception
2022-08-29
Issuer-verified
Official fund launch date
Imported yield, return, and AUM are source-reported, may use different as-of dates, and are not independently verified. Past performance does not guarantee future results.
Portfolio role
Who SPYI may fit
Investors comparing flexible option overlays and distribution tax character, not simply the highest displayed yield.
SPYI uses an active options approach rather than mechanically covering the whole index. That may retain more upside, but the higher fee, short operating history, and distribution composition deserve close review.
Risk check
What the yield does not show
- Options execution, tax treatment, return of capital, and manager decisions can materially change investor outcomes.
- Distributions can be cut, deferred, reclassified, or funded partly by return of capital. Displayed yield is not guaranteed income.
- ETF shares fluctuate and may trade above or below NAV. Fees, taxes, spreads, and timing affect an investor’s realized return.
Historical data changes
Change record
Tracking began September 2026
No accepted scorecard change has been recorded yet. Future dataset or issuer-review changes will be dated here rather than silently replacing the prior interpretation.
Educational use only
This scorecard is not personalized investment, tax, or legal advice. Read the current prospectus and issuer materials before making an investment decision.