NEOS S&P 500(R) High Income ETF
NEOS ETF Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
NEOS S&P 500(R) High Income ETF is an actively managed U.S. equity ETF. 21% of SPYI’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Features
- Non-diversified
Fund profile
As filed in the prospectus · 2026 Q2
The NEOS S&P 500 High Income ETF (the Fund) seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation in rising markets.
The fund invests in S&P 500 stocks held in proportion to their index weight, combined with a call options overlay: it sells call options on the S&P 500 to generate premium income and uses a portion of that premium to buy out-of-the-money call options, seeking to capture upside participation while generating monthly income. The options receive favorable tax treatment as Section 1256 contracts, with gains and losses treated as 60% long-term and 40% short-term regardless of holding period. Because the fund holds securities in index proportion, it may shift between diversified and non-diversified status as the composition of the S&P 500 changes. The adviser may actively manage both written and purchased options before expiration to capture gains or minimize losses.
Portfolio turnover 1.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.52% |
| Cash & short-term | 0.54% |
| Derivatives | -0.05% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 37.0% |
| Financials | 11.5% |
| Communication Services | 9.7% |
| Consumer Discretionary | 9.3% |
| 10 smaller | 32.5% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA CorpNVDA | 7.54% | $200.09 | $784.14M | 3.9M |
| AAPL | Apple IncAAPL | 6.56% | $289.36 | $682.56M | 2.4M |
| MSFT | Microsoft CorpMSFT | 4.29% | $373.02 | $446.97M | 1.2M |
| AMZN | Amazon.com IncAMZN | 3.63% | $238.34 | $377.88M | 1.6M |
| GOOGL | Alphabet IncGOOGL | 3.27% | $357.37 | $339.97M | 951.3K |
| AVGO | Broadcom IncAVGO | 2.78% | $377.75 | $289.57M | 766.6K |
| GOOG | Alphabet IncGOOG | 2.60% | $353.33 | $270.68M | 766.1K |
| MU | Micron Technology IncMU | 1.98% | $1,154.29 | $206.25M | 178.7K |
| META | Meta Platforms IncMETA | 1.91% | $563.29 | $198.55M | 352.5K |
| TSLA | Tesla IncTSLA | 1.84% | $420.60 | $191.82M | 456.1K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 36.40% of net assets, top 25 51.14%, across 506 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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