SPYINeos S&P 500(R) High Income ETF

Get income4y track recordRanked #451 of 1,706 in this goal

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

By Neos Funds · Launched 2022

Annual Cost

0.68%

#3,674 of 6,040 · average

Fund Size

$11.7B

#253 of 6,040 · large

Return (1Y)

+15.4%

Track Record

4 years

#2,711 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,544+15.4%

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

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 10 holdings = 36.6% of funddiversified

NVIDIA Corp

7.6%

Apple Inc

6.7%

Microsoft Corp

4.9%

Amazon.com Inc

3.6%

Alphabet Inc

3.0%

Broadcom Inc

2.6%

Alphabet Inc

2.4%

Meta Platforms Inc

2.2%

Tesla Inc

1.9%

Berkshire Hathaway Inc

1.6%

Asset allocation

Stocks

98.8%

Cash

1.2%

Other

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

10.7%Moderate

Year-on-year price swings

Max drawdown

-16.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.94Decent risk-adjusted returns

Sortino (3Y)

1.35Good downside protection

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to generate high monthly income in a tax efficient manner with potential for equity appreciation.
Strategy: Actively manages a portfolio of U.S.-listed stocks in the S&P 500® Index and employs a call options strategy to generate high income from premiums and dividends. The Fund aims for tax-efficient returns while participating in equity appreciation.
Inception date: August 29, 2022
Fund family: Neos Funds