NEHINEOS Ethereum High Income ETF
Seeks to generate high monthly income with potential appreciation from exposure to Ether ETPs.
By Neos Funds · Launched 2025
0.98%
#4,853 of 5,562 · expensive
$75M
#3,188 of 5,562 · mid-size
—
6 months
#5,040 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundAsset class
AlternativeStrategy
Option income
What it actually holds
By weightConcentration
Top 8 holdings = 100.0% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Where to buy
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to generate high monthly income with potential appreciation from exposure to Ether ETPs.
- Strategy
- Actively managed fund investing primarily in exchange-traded spot Ether ETPs. Utilizes options strategies, including writing put options and selling call options on Ether-related instruments, to enhance income.
- Inception date
- December 2, 2025
- Fund family
- Neos Funds
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Covered call ETF — yield ≠ total return
The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.
Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Why we flagged this: strategy=option_income + option_income_strategy
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-20