We are live on ! Find out more

NEOS Boosted S&P 500 High Income ETF

XSPI

Market cap $96.6M

48.04 USD

+0.74

1.56%

At close Updated Nov 11, 4:00 PM EST

1 day

1.56%

5 days

-0.83%

1 month

-4.07%

3 months

-4.11%

6 months

-3.3%

Year to date

-3.09%

1 year

-3.09%

5 years

-3.09%

10 years

-3.09%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 66.7%

Neutral 16.7%

Negative 16.7%

Undercovered Dozen: NNN REIT, Weyerhaeuser, Vicor, And More

This Undercovered Dozen series spotlights 12 lesser-covered stocks and ETFs, each with distinct investment theses and ratings. Dan IVES Wedbush AI Revolution ETF is reiterated as a Buy, citing strong stock selection and outperformance versus the S&P 500. Vicor Corporation receives a Strong Buy on record for Q3 results and AI technology leadership, despite recent volatility tied to sector financing concerns.

Undercovered Dozen: NNN REIT, Weyerhaeuser, Vicor, And More

XSPI: A 17% Yield With 150% Exposure Into The Fed

NEOS Boosted S&P 500 High Income ETF offers a 17% yield with 150% S&P 500 exposure but only marginally outperforms the index. XSPI's high yield is primarily from option premiums and return of capital, not dividends; total return is more relevant than yield alone. Leverage amplifies both gains and losses, with recent performance showing only a 0.31% NAV advantage over the S&P 500 despite higher risk.

XSPI: A 17% Yield With 150% Exposure Into The Fed

XSPI: Inside The Boosted Option Book Going Into Q4

NEOS Boosted S&P 500 High Income ETF is rated Hold and best used as an income tool in a sideways or volatile market. XSPI offers an estimated 17% annualized distribution rate, supported by aggressive options strategies and monthly, tax-efficient payouts. The fund's boosted exposure can amplify both gains and losses, with significant downside risk if the market declines sharply or rotates out of tech.

XSPI: Inside The Boosted Option Book Going Into Q4

XSPI: More Monthly Cash, Without A Clear Long-Term Edge

I rate XSPI a Hold, citing its complex options strategy and lack of compelling long-term wealth creation versus simpler alternatives. XSPI's structure delivers monthly cash flow but exposes investors to elevated crash risk and significant outcome variability, with a 33.8% chance of 5-year losses. Forward 5-year mean annualized return is modeled at 7.1%, but XSPI underperforms SPY and SPYI-like strategies in a substantial share of scenarios.

XSPI: More Monthly Cash, Without A Clear Long-Term Edge

S&P 500's Rock-Bottom Dividend Yield Makes This ETF Relevant

The dividend yield on the largest plain vanilla S&P 500 ETF is just 1.03%, reflecting the fact that yield on the domestic equity benchmark recently hit its lowest levels on record. Of course, that dwindling yield is the result of the index's rise, but it also leaves income investors wanting more, well, income.

S&P 500's Rock-Bottom Dividend Yield Makes This ETF Relevant

24/7 Wall Street

NEOS's ‘Boosted' S&P Fund Pays 17% While the Nasdaq Version Pays 21%

If you hold the NEOS S&P 500 High Income ETF (NASDAQ:SPYI), you own it for one reason: a monthly distribution tied to the S&P 500 that clears roughly 12% annualized without asking you to sell equity.

NEOS's ‘Boosted' S&P Fund Pays 17% While the Nasdaq Version Pays 21%

XSPI: Amplified Monthly Income Through Leveraged S&P 500 Exposure

NEOS Boosted S&P 500 High Income ETF offers 150% notional S&P 500 exposure with a high annualized distribution target of 15–18%. XSPI's strategy amplifies both upside and downside, but option writing caps gains, making it less efficient for long-term capital appreciation. Amplified downside risk and capped upside limit XSPI's appeal to income-focused investors with existing growth ETF exposure; not suitable as a core holding.

XSPI: Amplified Monthly Income Through Leveraged S&P 500 Exposure

Options-Based ETFs: How Advisors Are Unlocking Tax-Efficient Yield

Income remains top of mind for financial advisors. But increasingly, it's not just about generating more yield.

Options-Based ETFs: How Advisors Are Unlocking Tax-Efficient Yield

XSPI: The Sturdier Sibling To XQQI, Still Not A Buy

The NEOS Boosted S&P 500 High Income ETF earns a Hold rating due to regime concerns despite structural advantages over its Nasdaq counterpart. XSPI's ~150% leveraged covered call strategy offers improved upside capture with less volatility drag, benefiting from the S&P 500's broader, less concentrated exposure. XSPI outperforms in bull markets and V-shaped recoveries but struggles in choppy or flat markets where volatility drag and expenses erode returns.

XSPI: The Sturdier Sibling To XQQI, Still Not A Buy

24/7 Wall Street

Forget QQQI's 14%. NEOS Just Launched a ‘Boosted' Version Paying 20%

The NEOS Nasdaq-100® High Income ETF (NASDAQ:QQQI) has become one of the more crowded trades in monthly income, drawing capital with a distribution rate near 14.60% and a Section 1256 tax angle that appeals to taxable accounts.

Forget QQQI's 14%. NEOS Just Launched a ‘Boosted' Version Paying 20%

See News Rankings

Price charts implemented using Lightweight Charts™