(SPYI) SHP Trust - NEOS SP500 High - Overview
Etf: Equity, Options, S&P500
Dividends
| Dividend Yield | 12.17% |
| Yield on Cost 5y | 18.96% |
| Yield CAGR 5y | 48.19% |
| Payout Consistency | 100.0% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 14.6% |
| Relative Tail Risk | 4.29% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.67 |
| Alpha | 1.24 |
| Character TTM | |
|---|---|
| Beta | 0.842 |
| Beta Downside | 0.896 |
| Drawdowns 3y | |
|---|---|
| Max DD | 16.47% |
| CAGR/Max DD | 1.02 |
Description: SPYI SHP Trust - NEOS SP500 High January 10, 2026
The NEOS S&P 500 High Income ETF (ticker SPYI) is an actively managed fund that combines the underlying S&P 500 stock universe with a systematic call-options overlay. The strategy writes (sells) call options and may also hold long calls on the S&P 500 Index, sometimes employing covered-call structures to generate additional income while capping upside potential.
Key metrics as of the most recent filing: an expense ratio of roughly 0.65%, a distribution yield near 5.2% (annualized), and an implied volatility-adjusted premium capture of about 1.8% per quarter from the options overlay. The fund’s performance is especially sensitive to equity market volatility and the term structure of interest rates, which drive option pricing; a rise in the VIX typically boosts option premium income, while higher rates can compress option values. Sector exposure mirrors the S&P 500, with the largest weights in technology (≈27%) and consumer discretionary (≈15%), sectors that tend to exhibit higher beta and thus larger option premiums.
For a deeper quantitative breakdown, the ValueRay platform offers real-time analytics on SPYI’s option-overlay performance.
What is the price of SPYI shares?
Over the past week, the price has changed by +0.00%, over one month by +0.40%, over three months by +4.27% and over the past year by +14.71%.
Is SPYI a buy, sell or hold?
What are the forecasts/targets for the SPYI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 68.1 | 29.1% |
SPYI Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 7.53b USD (7.53b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 7.53b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 7.53b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.02% (E(7.53b)/V(7.53b) * Re(9.02%) + (debt-free company))
Discount Rate = 9.02% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)