Neos S&P 500 Hedged Equity Income ETF logo

Neos S&P 500 Hedged Equity Income ETF (SPYH)

Market Open
11 Sep, 15:03
BATS BATS
$
56. 50
+0.34
+0.6058%
$
10.16M Market Cap
4.22% Div Yield
4,476 Volume
$ 56.16
Previous Close
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Day Range
56.45 56.6
Year Range
51.56 57.16
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SPYH: There's No Such Thing As Income Without Risk

SPYH: There's No Such Thing As Income Without Risk

NEOS S&P 500 Hedged Equity Income ETF is rated Sell due to structural limitations in sustaining yield and downside protection. SPYH's collar option strategy rarely activates downside protection while consistently capping upside and income potential versus alternatives. Recent option trades indicate a fine line for maintaining yield, which may lead to future distribution cuts and NAV erosion.

Seekingalpha | 8 months ago