SPYI - ETF AI Analysis
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NEOS S&P 500 High Income ETF (SPYI)
Rating:73Outperform
Price Target:―
Positive Factors
Large and Growing Fund Size
The ETF manages a very large pool of assets, which can support liquidity and trading efficiency for investors.
Strong Tech and Growth Leaders in Top Holdings
Several major technology and growth companies in the top positions have shown strong or steady performance, helping support the fund’s returns.
Broad Sector Diversification
Holdings spread across many sectors, including technology, financials, communication services, consumer areas, and more, help reduce reliance on any single industry.
Negative Factors
High Expense Ratio
The fund’s fee is relatively high for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
Heavy Concentration in Technology
A large share of the portfolio is in technology stocks, which increases the fund’s sensitivity to swings in that sector.
Mixed Performance Among Top Holdings
Some of the largest positions have shown weak or negative performance this year, which has weighed on the fund’s overall results.
SPYI vs. SPDR S&P 500 ETF (SPY)
AUM10.78B
RegionNorth America
Expense Ratio0.68%
Beta0.79
IssuerNeos
Inception DateAug 30, 2022
Dividend Yield11.85%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,284,729
30 Day Avg. Volume2,787,702
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
64.01Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering504
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPYI Summary
SPYI, the NEOS S&P 500 High Income ETF, focuses on large U.S. companies similar to those in the S&P 500, with a goal of providing higher income. It invests across many sectors, but has a big tilt toward technology and other major growth areas. Well-known holdings include Apple and Nvidia, along with other household names like Amazon and Microsoft. Someone might consider SPYI if they want broad exposure to leading U.S. companies while aiming for extra income on top of potential growth. A key risk is that it is heavily influenced by large tech stocks and can go up and down with the overall 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’s story is all about U.S. mega-cap tech calling the shots. Nvidia and Micron are the clear engines here, with chip demand tied to AI giving the fund a strong tailwind. Apple and Alphabet are still pulling their weight, though Apple looks like it’s catching its breath after a strong run. Microsoft and Meta, on the other hand, have been more of a drag lately, with their shares losing some altitude. With nearly all exposure in U.S. large caps and a heavy tilt toward technology, this ETF rises or falls with Big Tech’s mood swings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.74% | $826.99M | $4.91T | 17.63% | 76 Outperform | |
| Apple | 7.48% | $799.87M | $4.90T | 58.04% | 79 Outperform | |
| Microsoft | 4.58% | $489.04M | $2.93T | -22.79% | 79 Outperform | |
| Amazon | 3.77% | $403.07M | $2.66T | 9.33% | 71 Outperform | |
| Alphabet Class A | 3.21% | $343.06M | $4.22T | 87.38% | 85 Outperform | |
| Broadcom | 2.73% | $292.06M | $1.76T | 30.88% | 76 Outperform | |
| Alphabet Class C | 2.58% | $275.80M | $4.22T | 86.15% | 82 Outperform | |
| Meta Platforms | 2.23% | $238.13M | $1.64T | -8.27% | 76 Outperform | |
| Tesla | 1.70% | $181.44M | $1.43T | 15.53% | 73 Outperform | |
| Micron | 1.45% | $155.09M | $958.80B | 642.15% | 79 Outperform |
SPYI Technical Analysis
Neutral
―
Price Trends
52.84
Positive
51.22
Positive
50.13
Positive
Market Momentum
0.25
Negative
50.50
Neutral
67.01
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPYI, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 53.04, equal to the 50-day MA of 52.84, and equal to the 200-day MA of 50.13, indicating a bullish trend. The MACD of 0.25 indicates Negative momentum. The RSI at 50.50 is Neutral, neither overbought nor oversold. The STOCH value of 67.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SPYI.
SPYI Peer Comparison
Comparison Results
Performance Comparison
SPYI
NEOS S&P 500 High Income ETF
53.07
7.73
17.05%
JEPI
JPMorgan Equity Premium Income ETF
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JEPQ
J.P. Morgan Nasdaq Equity Premium Income ETF
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AVLV
Avantis U.S. Large Cap Value ETF
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QQQI
NEOS Nasdaq 100 High Income ETF
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DUHP
Dimensional US High Profitability 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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