NEOS S&P 500 High Income ETF vs Utilities Select Sector SPDR Fund — how do they compare? NEOS S&P 500 High Income ETF trades at $53.45, while Utilities Select Sector SPDR Fund trades at $44.97. The key difference: NEOS S&P 500 High Income ETF is trading nearer its 52-week high, Utilities Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| SPYI | XLU | |
|---|---|---|
Sector | Income / Options Overlay | — |
52-Week High | $54.07 | $47.73 |
52-Week Low | $47.98 | $41.31 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
Read more on XLU →