# SPYI (NEOS S&P 500(R) High Income ETF)

NEOS · Income ETFs · data as of Sep 11, 2026

Over the year to Sep 11, 2026, SPYI paid 12.1% in cash and still finished 1.7 points behind SPY.

## Key facts

- SPYI, cash paid, 1 year, on its starting price: 12.1%, as of Sep 11, 2026.
- SPYI, total return, 1 year: +15.8%, as of Sep 11, 2026.
- SPYI, against SPY: −1.7 pts, as of Sep 11, 2026.
- SPYI, return of capital, latest payout (NEOS estimate): 93.0%, as of Sep 11, 2026.
- SPYI, net assets: $12.0bn (issuer page, as of Sep 11, 2026).
- SPYI, expense ratio: 0.68% (485BPOS XBRL, Apr 30, 2026).

## SPYI over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | SPY | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 3.0% | +0.9% | +4.0% | +3.3% | +0.7 pts |
| 6 months | 6.3% | +6.0% | +12.6% | +16.0% | −3.4 pts |
| 1 year | 12.1% | +2.6% | +15.8% | +17.5% | −1.7 pts |
| 3 years | 37.4% | +8.9% | +56.5% | +77.9% | −21.3 pts |
| Since launch | 49.2% | +9.1% | +76.9% | +102.5% | −25.6 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | covered call | ETFIQ |
| Benchmark | S&P 500 (SPY) | ETFIQ |
| Pays | monthly | ETFIQ |
| Net assets | $12.0bn | issuer page, as of Sep 11, 2026 |
| Latest payout, annualized | 12.2% | ETFIQ |
| Expense ratio | 0.68% | 485BPOS XBRL, Apr 30, 2026 |
| Cash paid, last 12 months, over today’s price | 11.8% | ETFIQ |
| Launched | Aug 30, 2022 | ETFIQ |
| Return of capital, latest distribution | 93.0% | NEOS 19a-1 estimate |
| Pays | monthly | ETFIQ |
| Typical gap between ex-dates | 28 days | ETFIQ |
| Typical wait from ex-date to payment | 2 days | ETFIQ |
| Last paid, per share | $0.5423 ex Aug 19, 2026 | ETFIQ |
| Sum of the last 12 distributions | $6.3335 | ETFIQ |

## Questions

### How much has SPYI paid over the last year?

Over the year to Sep 11, 2026, SPYI paid 12.1% of its starting price in cash distributions, while the price rose 2.6%.

### Is SPYI ahead of SPY?

Over the year to Sep 11, 2026, with every distribution reinvested, SPYI returned +15.8% against +17.5% for S&P 500 (SPY), so a holder was behind it by 1.7 points.

### How often does SPYI pay, and how much?

SPYI pays monthly. The latest distribution annualizes to 12.2% at its price on Sep 11, 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 characterization from the fund's own 19a-1 notice, not a measure of erosion.

### When does SPYI next pay a distribution?

SPYI pays monthly. The last distribution went ex on Aug 19, 2026 at $0.5423 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Sep 16, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.

### What does SPYI cost?

The prospectus expense ratio is 0.68% a year.


## Cite this page

ETFIQ, SPYI, data as of Sep 11, 2026. https://etfiq.com/funds/spyi
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/spyi  ·  JSON: https://etfiq.com/funds/spyi.json