SPYH - ETF AI Analysis
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NEOS S&P 500 Hedged Equity Income ETF (SPYH)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Growth Leaders in Top Holdings
Several major positions like Nvidia, Amazon, Alphabet, and Broadcom have shown strong recent performance, helping support the fund’s returns.
Broad Sector Diversification
The ETF spreads its investments across many sectors, including technology, financials, communication services, consumer companies, health care, and industrials, which helps reduce reliance on any single industry.
Income-Focused S&P 500 Strategy
As a hedged equity income ETF tied to the S&P 500, the fund aims to combine stock market exposure with an income-oriented approach, which may appeal to investors seeking cash flow alongside equity exposure.
Negative Factors
High Expense Ratio
The fund’s fees are relatively high for an ETF, which can eat into long-term returns compared with lower-cost index options.
Heavy Concentration in U.S. Technology
A large portion of the portfolio is in U.S. technology and related growth stocks, increasing the fund’s sensitivity to downturns in that segment of the market.
Recent Mixed Performance
The ETF has shown weak performance over the year to date despite a stronger recent one-month period, suggesting returns have been uneven so far.
SPYH vs. SPDR S&P 500 ETF (SPY)
AUM31.38M
RegionNorth America
Expense Ratio0.68%
Beta0.66
IssuerNeos
Inception DateApr 02, 2025
Dividend Yield7.67%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume11,875
30 Day Avg. Volume9,952
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
66.56Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering488
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPYH Summary
The NEOS S&P 500 Hedged Equity Income ETF (SPYH) invests in many of the largest U.S. companies in the S&P 500, with a strong tilt toward technology and other major sectors. Its top holdings include well-known names like Apple, Microsoft, Nvidia, Amazon, and Alphabet (Google). SPYH aims to provide regular income and some protection in market downturns by using options strategies, which may appeal to investors seeking a mix of stock market growth and risk management. However, it can still go up and down with the stock market and is heavily influenced by large tech 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 Big Tech, with Nvidia, Apple, Microsoft, Amazon, and Alphabet steering the ship and giving the fund a clear U.S. mega-cap, tech-first flavor. Micron has been the surprise rocket, rising sharply and adding extra fuel to the semiconductor theme, while Microsoft and Meta look more mixed and have recently lost some steam. Tesla is also dragging a bit, keeping returns from really taking off. Overall, this is a U.S.-centric, tech-loaded ETF where a handful of giants do most of the heavy lifting.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.32% | $2.29M | $4.71T | 22.22% | 76 Outperform | |
| Apple | 7.06% | $2.21M | $4.53T | 47.93% | 79 Outperform | |
| Microsoft | 4.53% | $1.41M | $2.90T | -22.12% | 79 Outperform | |
| Amazon | 3.68% | $1.15M | $2.61T | 12.14% | 71 Outperform | |
| Alphabet Class A | 3.26% | $1.02M | $4.34T | 110.50% | 85 Outperform | |
| Broadcom | 2.66% | $831.56K | $1.71T | 36.42% | 76 Outperform | |
| Alphabet Class C | 2.59% | $809.95K | $4.34T | 105.51% | 82 Outperform | |
| Meta Platforms | 1.97% | $616.13K | $1.48T | -14.58% | 76 Outperform | |
| Tesla | 1.71% | $533.52K | $1.48T | 40.95% | 73 Outperform | |
| Micron | 1.62% | $506.32K | $1.10T | 654.20% | 79 Outperform |
SPYH Technical Analysis
Positive
―
Price Trends
55.32
Positive
54.12
Positive
53.33
Positive
Market Momentum
0.16
Negative
56.26
Neutral
87.88
Negative
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 55.44, equal to the 50-day MA of 55.32, and equal to the 200-day MA of 53.33, indicating a bullish trend. The MACD of 0.16 indicates Negative momentum. The RSI at 56.26 is Neutral, neither overbought nor oversold. The STOCH value of 87.88 is Negative, 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
55.85
6.93
14.17%
ACEP
ARS Core Equity Portfolio ETF
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FCUS
Pinnacle Focused Opportunities ETF
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JOYT
JPMorgan Equity and Options Total Return ETF
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EGGQ
NestYield Visionary ETF
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JHDG
John Hancock Hedged Equity 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.
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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