XSPINEOS Boosted S&P 500 High Income ETF
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
0.98%
#4,853 of 5,562 · expensive
$56M
#3,470 of 5,562 · mid-size
—
4 months
#5,225 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 39.8% of fund✓ well diversified
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
- 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
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