SPYHNEOS S&P 500 Hedged Equity Income ETF

Get income1y track recordRanked #1,324 of 1,622 in this goal

Seeks high monthly income in a tax efficient manner with downside protection.

By Neos Funds · Launched 2025

Annual Cost

0.68%

#3,411 of 5,562 · average

Fund Size

$29M

#4,081 of 5,562 · small

Dividend YieldGoal

7.54%

Track Record

1 year

#4,311 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$11,678+16.8%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Long short

Index tracked

S&P 500 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 39.4% of fund✓ well diversified

NVIDIA Corp

7.8%

Apple Inc

6.9%

Microsoft Corp

6.2%

Amazon.com Inc

3.8%

Alphabet Inc

3.1%

Broadcom Inc

2.8%

Alphabet Inc

2.5%

Meta Platforms Inc

2.5%

Tesla Inc

2.2%

Berkshire Hathaway Inc

1.6%

Asset allocation

Stocks

99.1%

Cash

0.9%

Other

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

8.2%Low

Year-on-year price swings

Max drawdown

-6.4%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks high monthly income in a tax efficient manner with downside protection.
Strategy: Invests primarily in S&P 500 stocks and employs a put spread options collar strategy. Generates income from dividends and options premiums while aiming to reduce volatility and provide downside protection.
Inception date: April 2, 2025
Fund family: Neos Funds