(SPYI) SHP Trust - NEOS SP500 - Ratings and Ratios

Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US78433H3030

SPYI: Equity, Call Options, Income Generation

The NEOS S&P500 High Income ETF (SPYI) is an actively managed exchange-traded fund that employs a hybrid investment strategy, combining a portfolio of S&P 500 Index constituent stocks with a nuanced call options strategy. This options strategy involves a dynamic mix of written (sold) and long (bought) call options on the S&P 500 Index, allowing the fund to potentially capitalize on the income generated from option premiums while maintaining exposure to the underlying index. The strategy may also include transactions involving covered call options under specific market conditions, further enhancing its income-generating potential.

By leveraging the S&P 500 Indexs broad market representation and the flexibility of its call options strategy, SPYI aims to provide investors with a regular income stream while still participating in the potential long-term growth of the US equity market. The funds active management approach enables it to adapt to changing market conditions, optimizing its strategy to maximize returns in various market environments.

With Assets Under Management (AUM) of approximately $3.74 billion USD, SPYI has established itself as a significant player in the Derivative Income ETF category. Its substantial AUM indicates a strong investor base and suggests that the fund is well-positioned to continue implementing its investment strategy effectively.

Analyzing the technical data, the current price of $49.93 is above both its 20-day Simple Moving Average (SMA) of $49.10 and its 50-day SMA of $47.13, indicating a positive short-term trend. The 200-day SMA stands at $47.87, further confirming the upward trend. Given the Average True Range (ATR) of 0.45, representing a 0.91% daily volatility, the funds price movements are relatively stable. Considering the fundamental data and the current technical indicators, a forecast for SPYI could involve a continued upward trajectory, potentially testing the 52-week high of $50.34, driven by the funds robust investment strategy and favorable market conditions.

However, its crucial to monitor the funds ability to maintain its income-generating strategy amidst potential market fluctuations. The S&P 500 Indexs performance, along with overall market sentiment and volatility, will be key factors influencing SPYIs future performance. As such, investors should remain vigilant, assessing both the technical and fundamental aspects of the fund to make informed decisions.

Additional Sources for SPYI ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle

SPYI ETF Overview

Market Cap in USD 3,745m
Category Derivative Income
TER 0.68%
IPO / Inception 2022-08-29

SPYI ETF Ratings

Growth Rating 56.6
Fundamental -
Dividend Rating 91.6
Rel. Strength -0.35
Analysts -
Fair Price Momentum 54.80 USD
Fair Price DCF -

SPYI Dividends

Dividend Yield 12m 12.66%
Yield on Cost 5y 17.45%
Annual Growth 5y 47.93%
Payout Consistency 100.0%
Payout Ratio %

SPYI Growth Ratios

Growth Correlation 3m 71.6%
Growth Correlation 12m 52.3%
Growth Correlation 5y 96.4%
CAGR 5y 13.04%
CAGR/Max DD 5y 0.79
Sharpe Ratio 12m 1.15
Alpha 0.79
Beta 0.837
Volatility 6.22%
Current Volume 2313.7k
Average Volume 20d 1490k
What is the price of SPYI shares?
As of June 15, 2025, the stock is trading at USD 49.58 with a total of 2,313,712 shares traded.
Over the past week, the price has changed by -0.18%, over one month by +1.69%, over three months by +7.45% and over the past year by +11.06%.
Is SHP Trust - NEOS SP500 a good stock to buy?
Partly, yes. Based on ValueRay´s Analyses, SHP Trust - NEOS SP500 (BATS:SPYI) is currently (June 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 56.61 and therefor an somewhat technical positive rating according to historical growth.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of SPYI is around 54.80 USD . This means that SPYI is currently undervalued and has a potential upside of +10.53% (Margin of Safety).
Is SPYI a buy, sell or hold?
SHP Trust - NEOS SP500 has no consensus analysts rating.
What are the forecasts for SPYI share price target?
According to our own proprietary Forecast Model, SPYI SHP Trust - NEOS SP500 will be worth about 62 in June 2026. The stock is currently trading at 49.58. This means that the stock has a potential upside of +25.09%.
Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 62 25.1%