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NIHINEOS MSCI EAFE High Income ETF

Get incomeNewRanked #935 of 1,650 in this goal

Seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation.

By Neos Funds · Launched 2025

Annual Cost

0.68%

#3,555 of 5,861 · average

Fund Size

$179M

#2,441 of 5,861 · mid-size

Dividend YieldGoal

—

Track Record

11 months

#4,645 of 5,861 · young

Performance

Total-return NAV · USD
Growth of $10,000
$11,425+14.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

Global ex-US

Strategy

Option income

Index tracked

MSCI EAFE Index

What it actually holds

By weight

Concentration

Top 4 holdings = 100.1% of fundconcentrated

iShares Core MSCI EAFE ETF
99.4%
First American Treasury Obliga
0.8%
N/AMXEA 4 C3240
-0.1%
N/AMXEA 4 C3200
-0.1%

Asset allocation

Stocks
96.7%
Cash
3.2%
Other
0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-10.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation.
Strategy
Actively manages a portfolio of securities of companies included in the International Index, which captures large-, mid-, and small-cap representation across developed markets excluding the U.S. and Canada. Utilizes a call options strategy to generate high monthly income while seeking equity appreciation through investments in International Underlying ETFs.
Inception date
September 16, 2025
Fund family
Neos Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

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 2026-08-04