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XSPINEOS Boosted S&P 500 High Income ETF

Get incomeNewRanked #1,364 of 1,635 in this goal

Seeks to boost performance by generating high monthly income in a tax efficient manner with potential for enhanced equity appreciation.

By Neos Funds · Launched 2026

Annual Cost

0.98%

#4,867 of 5,576 · expensive

Fund Size

$56M

#3,482 of 5,576 · mid-size

Dividend YieldGoal

—

Track Record

4 months

#5,222 of 5,576 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,658+6.6%

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

What it actually holds

By weight

Concentration

Top 10 holdings = 39.8% of fund✓ well diversified

NVIDIA CorpNVDA
8.1%
Apple IncAAPL
7.1%
Microsoft CorpMSFT
5.2%
Amazon.com IncAMZN
4.1%
Alphabet Inc Class AGOOGL
3.5%
Broadcom IncAVGO
3.3%
Alphabet Inc Class CGOOG
2.8%
Meta Platforms Inc Class AMETA
2.2%
Tesla IncTSLA
1.9%
Micron Technology IncMU
1.7%

Asset allocation

Stocks
98.6%
Cash
0.7%
Other
0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-11.6%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
NASDAQ Global Select Market

Full fund details

Objective
Seeks to boost performance by generating high monthly income in a tax efficient manner with potential for enhanced equity appreciation.
Strategy
Actively managed ETF investing in S&P 500 stocks and utilizing a call options strategy to generate high monthly income. Employs a synthetic options strategy to enhance long exposure and income by writing additional SPX call options.
Inception date
February 2, 2026
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 2026-06-21