ATLASNEOS S&P 500 High Income ETF (SPYI): outlook, holdings and fees
NEOS S&P 500 High Income ETF (SPYI) is an exchange-traded fund and is managed by Neos Funds. The expense ratio is 0.65% and the yield is 1.41%. The ten largest holdings are 39% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on SPYI
| Last price | $52.64 (+0.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 58% |
| Likely 1-month range (50%) | $51.92 – $53.94 |
| Normal 1-day range (±1σ) | ±0.7% |
| Distribution yield | 1.41% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
SPYI fund facts
| Issuer | Neos Funds |
|---|---|
| Theme | Bonds (broad) |
| Assets under management | $12.6B |
| Expense ratio | 0.65% |
| Number of holdings | 49 |
| Portfolio turnover | 22% |
| Inception | Aug 29, 2022 |
| Exchange | CBOE |
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the S&P 500® Index and a call options strategy, which consists of a mix of written (sold) call options and long (bought) call options on the S&P 500® Index. Under certain circumstances, the call options strategy may include transactions with covered call options.
SPYI top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 8.48% |
| Apple Inc. AAPL | Technology | 7.17% |
| Microsoft Corporation MSFT | Technology | 5.85% |
| Amazon.com Inc AMZN | Consumer Cyclical | 3.82% |
| Alphabet Inc Class A GOOGL | Communication Services | 3.04% |
| Broadcom Inc AVGO | Technology | 2.66% |
| Alphabet Inc Class C GOOG | Communication Services | 2.46% |
| Meta Platforms Inc. META | Communication Services | 2.43% |
| Micron Technology Inc MU | Technology | 1.72% |
| First American Funds Inc. - Treasury Obligations Fund FXFXX | – | 1.74% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
SPYI sector breakdown
| Sector | Weight |
|---|---|
| Technology | 41.2% |
| Financial Services | 11.5% |
| Communication Services | 9.8% |
| Healthcare | 8.8% |
| Consumer Cyclicals | 8.7% |
| Industrials | 7.1% |
| Consumer Defensive | 4.2% |
| Energy | 3.7% |
| Utilities | 1.9% |
| Real Estate | 1.7% |
| Basic Materials | 1.4% |
By region: North America 99.6%, Europe Developed 0.3%.
SPYI returns and risk
| Year to date | +12.3% |
|---|---|
| 1 year | +16.4% |
| 3 years (annualised) | +17.4% |
| Volatility (3 years) | 8.5% |
| Sharpe ratio (3 years) | 1.34 |
Past returns do not guarantee future results.
SPYI: frequently asked questions
What does SPYI invest in?
NEOS S&P 500 High Income ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (8.5%), Apple Inc. (7.2%), Microsoft Corporation (5.9%), Amazon.com Inc (3.8%), Alphabet Inc Class A (3.0%).
What is the SPYI expense ratio?
0.65% a year: about $65.00 for every $10,000 invested.
What is the SPYI dividend yield?
1.41%. ATLAS does not hold the exact distribution dates for ETFs.
Will SPYI go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 58%, with a likely range (50%) of $51.92 to $53.94 from $52.64 today. It is a probability, not a prediction.
How has SPYI performed?
Year to date +12.3%, one year +16.4%, three years +17.4% a year. Past returns do not guarantee future results.
Similar ETFs: Bonds (broad)
- Vanguard Total Bond Market ETF (BND)
- Vanguard Tax-Exempt Bond ETF (VTEB)
- Vanguard Short-Term Bond ETF (BSV)
- JPMorgan Equity Premium Income ETF (JEPI)
- JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)
- Vanguard Intermediate-Term Bond ETF (BIV)
- Dimensional Core Fixed Income ETF (DFCF)
- Schwab U.S. Aggregate Bond ETF (SCHZ)
Educational information, not investment advice. Disclaimer