SPYH - ETF AI Analysis
Top Page
NEOS S&P 500 Hedged Equity Income ETF (SPYH)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Performance From Several Top Tech Holdings
Key positions like Nvidia, Apple, Broadcom, Alphabet, Amazon, and Micron have shown strong gains this year, helping support the ETF’s overall returns.
Broad Sector Diversification
The fund spreads its investments across many sectors, including technology, financials, communication services, consumer, health care, and industrials, which helps reduce reliance on any single industry.
Consistent Recent Performance
The ETF has delivered steady positive results over the past month, three months, and year to date, indicating stable momentum in the current market environment.
Negative Factors
High Concentration in a Few Large Tech Stocks
A significant portion of the portfolio is tied up in a small number of big technology names, which increases the impact that any weakness in these companies can have on the fund.
Mixed Results Among Top Holdings
Some major positions like Microsoft, Meta, and Tesla have shown weaker or negative performance this year, which can drag on the ETF’s overall returns.
Higher Expense Ratio
The fund’s expense ratio is relatively high for an ETF, meaning more of the returns are used to cover fees instead of staying with investors.
SPYH vs. SPDR S&P 500 ETF (SPY)
AUM43.23M
RegionNorth America
Expense Ratio0.68%
Beta0.65
IssuerNeos
Inception DateApr 02, 2025
Dividend Yield7.62%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,960
30 Day Avg. Volume14,636
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
68.56Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering486
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPYH Summary
SPYH is the NEOS S&P 500 Hedged Equity Income ETF, which invests in many of the largest U.S. companies, similar to the S&P 500, while using options to help reduce big market drops and generate monthly income. It holds well-known names like Apple, Nvidia, Microsoft, and Amazon, and spreads investments across technology, finance, health care, and more. Someone might consider SPYH for broad stock market exposure plus a focus on income and some downside protection. A key risk is that it still owns stocks, so its value can go up and down with the overall market, especially large U.S. companies.
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 leaning heavily on U.S. mega-cap tech, with Nvidia, Microsoft, and Micron doing most of the heavy lifting as AI enthusiasm keeps those names rising. Apple, usually a market darling, is losing a bit of steam lately, while Amazon and Alphabet are delivering a mixed ride after earlier strength. Meta has been more of a drag, cooling off and tempering some of the fund’s tech-fueled momentum. With over a third of assets in technology and the rest spread broadly across U.S. sectors, the fund’s story is still very much a Big Tech and AI narrative.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 8.41% | $3.64M | $5.55T | 32.19% | 76 Outperform | |
| Apple | 7.35% | $3.18M | $4.67T | 34.93% | 79 Outperform | |
| Microsoft | 5.78% | $2.50M | $3.71T | -0.89% | 79 Outperform | |
| Amazon | 3.84% | $1.66M | $2.79T | 7.86% | 71 Outperform | |
| Alphabet Class A | 3.04% | $1.31M | $4.12T | 41.20% | 85 Outperform | |
| Broadcom | 2.58% | $1.12M | $1.70T | 6.30% | 76 Outperform | |
| Alphabet Class C | 2.41% | $1.04M | $4.12T | 39.75% | 82 Outperform | |
| Meta Platforms | 2.00% | $865.33K | $1.57T | -19.88% | 76 Outperform | |
| Tesla | 1.60% | $691.01K | $1.40T | 6.11% | 73 Outperform | |
| Micron | 1.55% | $669.75K | $1.15T | 673.31% | 79 Outperform |
SPYH Technical Analysis
Positive
―
Price Trends
55.84
Positive
55.10
Positive
53.68
Positive
Market Momentum
0.24
Positive
56.86
Neutral
70.78
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 56.54, equal to the 50-day MA of 55.84, and equal to the 200-day MA of 53.68, indicating a bullish trend. The MACD of 0.24 indicates Positive momentum. The RSI at 56.86 is Neutral, neither overbought nor oversold. The STOCH value of 70.78 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
56.63
6.54
13.06%
PRMR
PeakShares RMR Prime Equity ETF
―
―
―
FCUS
Pinnacle Focused Opportunities ETF
―
―
―
EGGQ
NestYield Visionary ETF
―
―
―
RWLC
Rayliant Quantitative Developed Market Equity ETF
―
―
―
LCF
Touchstone US Large Cap Focused 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: ―
Table of Contents