Data as of . Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate.
SPYI · NEOS S&P 500(R) High Income ETF
NEOS · Income desk
Open the live card on ETFIQOver the year to Sep 4, 2026, SPYI paid 12.2% of its starting value in cash distributions while its price rose 4.2%. With every distribution reinvested, the fund returned +17.5%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 2.5 pts. At its price on Sep 4, 2026 the latest distribution annualises to 12.1%, paid monthly. NEOS estimates that 93% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
| Strategy | covered call |
|---|---|
| Benchmark | S&P 500 (SPY) |
| Pays | monthly |
| Payout rate, annualised (ETFIQ) | 12.1% |
| Expense ratio (prospectus XBRL) | 0.68% |
| Cash paid, trailing 12 months (ETFIQ) | 11.8% |
| Launched | Aug 30, 2022 |
| 3 months: paid / price / total / SPY / ahead or behind (ETFIQ) | 3.0% / +2.1% / +5.2% / +4.7% / +0.5 pts |
| 6 months: paid / price / total / SPY / ahead or behind (ETFIQ) | 6.2% / +5.3% / +11.8% / +15.2% / −3.3 pts |
| 1 year: paid / price / total / SPY / ahead or behind (ETFIQ) | 12.2% / +4.2% / +17.5% / +20.0% / −2.5 pts |
| 3 years: paid / price / total / SPY / ahead or behind (ETFIQ) | 37.3% / +9.1% / +56.8% / +78.0% / −21.2 pts |
| since launch: paid / price / total / SPY / ahead or behind (ETFIQ) | 49.2% / +9.6% / +77.8% / +104.1% / −26.2 pts |
| Return of capital, latest distribution (NEOS 19a-1 estimate) | 93.0% |
Questions people ask
- How much has SPYI paid over the last year?
- Over the year to Sep 4, 2026, SPYI paid 12.2% of its starting price in cash distributions, while the price rose 4.2%.
- Is SPYI ahead of SPY?
- Over the year to Sep 4, 2026, with every distribution reinvested, SPYI returned +17.5% against +20.0% for S&P 500 (SPY), so a holder was behind it by 2.5 points.
- How often does SPYI pay, and how much?
- SPYI pays monthly. The latest distribution annualises to 12.1% at its price on Sep 4, 2026, which is not a promise; the next one can differ.
- Is the SPYI distribution return of capital?
- NEOS estimates 93% of the distribution paid Jun 18, 2026 was return of capital. That is a tax characterisation from the fund's own 19a-1 notice, not a measure of erosion.
- What does SPYI cost?
- The prospectus expense ratio is 0.68% a year.
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
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<p><a href="https://etfiq.com/funds/SPYI.html">SPYI payout bar, updated daily by ETFIQ</a></p>Cite this page. ETFIQ, SPYI on the income desk, data as of Sep 4, 2026. https://etfiq.com/funds/SPYI.html Free to use with attribution; the underlying files are at Open data.
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