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NEOS S&P 500 High Income ETF

SPYI

Market cap $12.5B

53.15 USD

+0.15

0.28%

At close Updated Oct 27, 10:50 AM EDT

1 day

0.28%

5 days

-0.3%

1 month

-0.36%

3 months

1.59%

6 months

1.66%

Year to date

1.06%

1 year

0.45%

5 years

8.18%

10 years

8.18%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 31.8%

Neutral 59.1%

Negative 9.1%

24/7 Wall Street

Forget JEPI. NEOS's S&P Income Fund Returned 14.46% Over the Past Year Against JEPI's 8.75%.

A newer, lesser-known S&P 500 income fund has been quietly outpacing JEPI by a wide margin, but its short track record raises a question every retiree relying on monthly payouts needs to answer before making a move.

Forget JEPI. NEOS's S&P Income Fund Returned 14.46% Over the Past Year Against JEPI's 8.75%.

GPIX Vs. SPYI: Which S&P 500 Income ETF Wins Into 2027

The Goldman Sachs S&P 500 Premium Income ETF and NEOS S&P 500 High Income ETF offer distinct income and growth profiles via different option strategies. GPIX, with lighter option coverage (35%), outpaces SPYI in price appreciation and is preferred for capital growth through 2027 amid market volatility. SPYI, covering 64.5% of its portfolio with calls, delivers a higher 12.2% yield, making it optimal for investors prioritizing immediate income.

GPIX Vs. SPYI: Which S&P 500 Income ETF Wins Into 2027

SPYI: Income Potential Vs. The Alternative

SPYI's 12% yield looks compelling, but much of the distribution ultimately comes from capital gains and option premiums rather than traditional portfolio income. Tax-efficient distributions and strong cash flow make SPYI attractive for income seekers, but investors should not mistake distributions for economic yield. Historical returns closely resemble those of a similar portfolio, which I discuss in the article and which raises questions about whether SPYI's fees justify its income-focused structure or not.

SPYI: Income Potential Vs. The Alternative

24/7 Wall Street

These 3 ETFs Pay 6.29% to 11.80%. Spending That Income Isn't a Way Around the 4 Percent Rule

High-yield ETFs paying up to nearly 12% look like a shortcut past the 4% rule, but that logic rests on a confusion between two measurements that retirement researchers say can determine whether a portfolio survives 30 years.

These 3 ETFs Pay 6.29% to 11.80%. Spending That Income Isn't a Way Around the 4 Percent Rule

Boomers are buying into the promise of monthly income from options ETFs, but there's a tax catch

Covered call ETFs have risen in popularity in recent years with older investors, particularly retirees, willing to give up some market upside for a monthly income stream. ETFs are generally tax-efficient investment vehicles, but because these funds distribute income in various forms, the potential tax hit is easy for investors to miss until IRS form 1099-DIV arrives.

Boomers are buying into the promise of monthly income from options ETFs, but there's a tax catch

24/7 Wall Street

JEPI Out, SPYI In: What the Swap Does to a $1.08 Million Income Portfolio

Swapping one option-income ETF for another on a seven-figure retirement portfolio sounds simple, but the gap in monthly cash flow and the hidden cost buried in one fund's distributions could change the math entirely.

JEPI Out, SPYI In: What the Swap Does to a $1.08 Million Income Portfolio

24/7 Wall Street

One Dividend Cut Shouldn't Tank Your Retirement Income. Here's How These ETFs Stop It

Retiring at 66 with a portfolio you hand-picked feels like an achievement until one board vote wipes out a quarter of your annual income overnight.

One Dividend Cut Shouldn't Tank Your Retirement Income. Here's How These ETFs Stop It

24/7 Wall Street

Warren Buffett's 90/10 Portfolio, Rebuilt With Two ETFs That Pay a 11% Yield

Buffett left unusually precise instructions for investing his wife's inheritance after his death, and those instructions have a surprising weakness that income investors keep running into.

Warren Buffett's 90/10 Portfolio, Rebuilt With Two ETFs That Pay a 11% Yield

24/7 Wall Street

5 Monthly Income ETFs Paying 6.39% to 13.80% to Start Q4

Five ETFs paying monthly income sound straightforward until you see how differently they generate that cash and what each strategy quietly costs you in the long run.

5 Monthly Income ETFs Paying 6.39% to 13.80% to Start Q4

24/7 Wall Street

Forget the Headline Yield. This Nasdaq Income ETF Told the IRS Most of Your Payout Was Return of Capital

QQQI attracts investors with fat monthly payouts from Nasdaq-100 options, but what the fund quietly tells the IRS about those distributions should change how you think about every dollar you receive.

Forget the Headline Yield. This Nasdaq Income ETF Told the IRS Most of Your Payout Was Return of Capital

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