NEOS S&P 500 High Income ETF vs Toronto-Dominion Bank — how do they compare? NEOS S&P 500 High Income ETF trades at $53.42, while Toronto-Dominion Bank trades at $120.5 (market cap $197.03B). The key difference: Toronto-Dominion Bank pays a 2.62% dividend while NEOS S&P 500 High Income ETF pays none. Which is the better fit depends on your goals.
| SPYI | TD | |
|---|---|---|
Sector | Income / Options Overlay | Financials |
52-Week High | $54.07 | $124.80 |
52-Week Low | $47.98 | $72.55 |
Market Cap | — | $197.03B |
Dividend Yield | — | 2.62% |
Trailing returns across standard periods
Latest headlines on both assets
SPYI is an actively managed ETF designed to generate high monthly income through a data-driven call option strategy on the S&P 500 Index. Unlike traditional covered call funds that often forfeit significant upside, SPYI utilizes a 'call spread' approach—selling near-the-money calls while buying out-of-the-money calls—to capture a portion of equity appreciation in rising markets. It prioritizes tax efficiency by utilizing Section 1256 contracts and tax-loss harvesting to provide investors with high-yield monthly distributions.
Read more on SPYI →Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.
Read more on TD →