XSPI NEOS Boosted S&P 500(R) High Income ETF
Covered call on SPY, paying monthly
Since its launch on Feb 3, 2026, XSPI paid 11.1% in cash and finished level with SPY.
Key facts
What a holder got
Over the year to Sep 11, 2026, XSPI returned +11.5% with distributions reinvested and S&P 500 (SPY) returned +11.4%, so a holder came out level with it. The lighter segment is the 11.1% that arrived as cash rather than as price.
Its ten largest equity positions
| Holding | Ticker | Weight | |
|---|---|---|---|
| NVIDIA Corp | NVDA | 8.01% | |
| Apple Inc | AAPL | 7.02% | |
| Microsoft Corp | MSFT | 4.59% | |
| Amazon.com Inc | AMZN | 3.87% | |
| Alphabet Inc | GOOGL | 3.43% | |
| Broadcom Inc | AVGO | 2.91% | |
| Alphabet Inc | GOOG | 2.72% | |
| Micron Technology Inc | MU | 2.10% | |
| Tesla Inc | TSLA | 1.94% | |
| Meta Platforms Inc | META | 1.84% |
Period by period
| Window | Cash paid | Price | Total return | SPY | Ahead or behind |
|---|---|---|---|---|---|
| 3 months | 4.3% | +0.9% | +5.2% | +3.3% | +1.9 pts |
| 6 months | 9.0% | +7.8% | +17.2% | +16.0% | +1.2 pts |
| Since launch | 11.1% | −0.3% | +11.5% | +11.4% | +0.1 pts |
When XSPI pays
XSPI pays monthly. The last distribution was $0.7025 a share, which went ex on Sep 2, 2026 and was paid on Sep 4, 2026. The next has not been declared. On its own cadence of about 28 days the ex-date falls near Sep 30, 2026; that date is an ETFIQ projection, not the issuer’s.
| Ex-date | Pay date | Amount | Basis |
|---|---|---|---|
| Sep 30, 2026 | Oct 2, 2026 | $0.7025 | ETFIQ projection from the fund’s own cadence |
| Oct 28, 2026 | Oct 30, 2026 | $0.7025 | ETFIQ projection from the fund’s own cadence |
Every distribution ETFIQ holds for XSPI (8, most recent first)
| Ex-date | Amount |
|---|---|
| Sep 2, 2026 | $0.7025 |
| Aug 5, 2026 | $0.6994 |
| Jul 8, 2026 | $0.7004 |
| Jun 3, 2026 | $0.713 |
| May 6, 2026 | $0.6833 |
| Apr 8, 2026 | $0.638 |
| Mar 4, 2026 | $0.6815 |
| Feb 4, 2026 | $0.7 |
Every income ETF going ex-dividend in the next fortnight
In plain words
Since it launched on Feb 3, 2026, XSPI has returned +11.5% with distributions reinvested, against +11.4% for S&P 500 (SPY), and has paid out 11.1% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 17.1%. NEOS estimates that 99% of the distribution paid Jul 10, 2026 was a return of capital. That is the issuer’s own Rule 19a-1 estimate and a tax characterization, made before the fund year closes: it says the payment included money the fund gave back rather than earned, not that the fund is eroding.
| Strategy | covered call |
|---|---|
| Benchmark | S&P 500 (SPY) |
| Pays | monthly |
| Net assets (issuer page, as of Sep 11, 2026) | $113m |
| Latest payout, annualized (ETFIQ) | 17.1% |
| Expense ratio (485BPOS XBRL, Jan 28, 2026) | 0.98% |
| Cash paid, last 12 months, over today’s price (ETFIQ) | 11.2% |
| Launched | Feb 3, 2026 |
| Return of capital, latest distribution (NEOS 19a-1 estimate) | 99.0% |
| Pays | monthly |
| Typical gap between ex-dates | 28 days |
| Typical wait from ex-date to payment | 2 days |
| Last paid, per share | $0.7025 ex Sep 2, 2026 |
| Sum of the last 8 distributions | $5.5181 |
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. How these figures are computed
Questions people ask
- How much has XSPI paid over the last year?
- Over the period from its launch on Feb 3, 2026 to Sep 11, 2026, XSPI paid 11.1% of its starting price in cash distributions, while the price fell 0.3%.
- Is XSPI ahead of SPY?
- Over the period from its launch on Feb 3, 2026 to Sep 11, 2026, with every distribution reinvested, XSPI returned +11.5% against +11.4% for S&P 500 (SPY), so a holder was about even with it by 0.1 points.
- How often does XSPI pay, and how much?
- XSPI pays monthly. The latest distribution annualizes to 17.1% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
- Is the XSPI distribution return of capital?
- NEOS estimates 99% of the distribution paid Jul 10, 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 XSPI next pay a distribution?
- XSPI pays monthly. The last distribution went ex on Sep 2, 2026 at $0.7025 a share. The next is not declared; on a cadence of about 28 days the ex-date falls near Sep 30, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
- What does XSPI cost?
- The prospectus expense ratio is 0.98% a year.
The words on this page
- Total return
- What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
- Cash paid
- Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
- Ahead or behind
- The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
- Return of capital
- The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
- Covered call
- Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.
Every term used here, defined in full on the income ETFs vocabulary page.
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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Cite this page. ETFIQ, XSPI, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/xspi Free to use with attribution; the underlying files are at Open data.