NEOS S&P 500 High Income ETF (SPYI) tops $10B AUM with strong income and tax-efficient strategy.

The NEOS S&P 500 High Income ETF (SPYI) has surpassed $10 billion in assets under management since its launch in August 2022, driven by strong investor demand for high-yield income solutions. SPYI uses a two-leg options strategy that provides robust monthly distributions with an 11.86% yield while allowing for partial upside participation, outperforming similar ETFs like JEPI and XYLD. Its tax-efficient structure, which blends Section 1256 contracts and return of capital, enhances after-tax income for taxable investors. Despite market volatility and rate uncertainties, SPYI continues to deliver consistent income, making it a resilient choice for income-focused investors.