SPYI: Neos S&P 500 High Income ETF

June 29, 2024 August 1, 2024

Neos S&P 500 High Income ETF (SPYI) seeks to distribute high monthly income generated from investing in the constituents of the S&P 500 Index and implementing a data-driven call option strategy. SPYI is actively managed and takes advantage of tax loss harvesting opportunities in addition to utilizing S&P 500 Index options classified as section 1256 contracts, which are subject to lower 60/40 tax rates. The Fund utilizes a call option strategy that may include both sold and purchased options, which may provide the opportunity for upside capture in rising equity markets.

MGN Financial Apps

Need help building an investment portfolio, designing a retirement income stream or creating a budget?

Top 10 SPYI Holdings

Ticker	Name	Weight
MSFT	Microsoft Corp	7.31%
AAPL	Apple Inc	6.68%
NVDA	Nvidia Corp	6.68%
AMZN	Amazon.com Inc	3.89%
META	Meta Platforms Inc	2.43%
GOOGL	Alphabet Inc	2.35%
GOOG	Alphabet Inc	1.98%
LLY	Eli Lilly & Co	1.68%
BRK.B	Berkshire Hathaway Inc	1.62%
AVGO	Broadcom Inc	1.52%

MGN Financial Apps

Need help building an investment portfolio, designing a retirement income stream or creating a budget?

SPYI ETF Review

Quickly compare SPYI to other investments focused on Canadian equities by fees, performance, yield, and other metrics to decide which ETF fits in your portfolio.

ETF	Inception	MER	AUM	Holdings	Beta	P/E	Yield	Distributions	1Y	3Y	5Y	10Y	15Y
SPDV	2017-11-28	0.29%	$62,489,748	53	0.80	12.94	3.95%	Monthly	5.61%	6.50%	6.77%	N/A	N/A
LRGC	2023-09-19	N/A	$73,520,000	73	N/A	N/A	N/A	Annually	N/A	N/A	N/A	N/A	N/A
QGRO	2018-09-10	0.29%	$879,726,671	192	1.11	32.59	0.39%	Quarterly	26.43%	8.59%	16.45%	N/A	N/A
DIVO	2016-12-14	0.55%	$2,905,158,096	32	0.68	15.74	4.57%	Monthly	13.05%	10.16%	11.69%	N/A	N/A
AVUS	2019-09-24	0.15%	$6,094,210,827	2308	1.00	17.04	1.40%	Quarterly	14.35%	10.52%	N/A	N/A	N/A
IWY	2009-09-22	0.20%	$11,959,388,471	110	1.15	42.39	0.58%	Quarterly	35.22%	12.87%	20.95%	16.87%	N/A
BKLC	2020-04-07	0.00%	$2,418,000,077	506	1.01	28.17	1.35%	Quarterly	29.45%	9.87%	N/A	N/A	N/A
CDEI	2023-01-30	0.14%	$35,840,000	357	N/A	28.02	1.32%	Quarterly	22.64%	N/A	N/A	N/A	N/A
CGGR	2022-02-22	0.39%	$4,642,000,000	125	N/A	28.64	0.40%	Semi-Annually	30.39%	N/A	N/A	N/A	N/A
SCHX	2009-11-03	0.03%	$38,141,469,714	751	1.01	25.06	1.37%	Quarterly	20.80%	9.87%	14.06%	12.39%	N/A
ESGS	2016-06-13	0.35%	$6,514,616	100	0.85	18.95	2.32%	Quarterly	16.78%	8.96%	11.74%	N/A	N/A
JEPY	2023-09-18	0.99%	$129,540,000	6	N/A	N/A	N/A	Monthly	N/A	N/A	N/A	N/A	N/A
DFAC	2021-06-14	0.17%	$26,400,000,000	2667	0.99	19.18	1.14%	Quarterly	22.79%	9.87%	13.03%	10.72%	15.58%
FDVV	2016-09-12	0.15	$2,520,000,000	123	0.90	11.85	3.31%	Quarterly	17.80%	9.96%	11.65%	N/A	N/A
FTHI	2014-01-06	0.75%	$539,790,667	185	0.66	18.80	8.36%	Monthly	21.01%	10.61%	6.87%	6.72%	N/A
ESG	2016-07-13	0.32%	$199,340,000	N/A	1.02	24.12	1.09%	Quarterly	21.31%	10.29%	14.54%	N/A	N/A
LRGE	2017-05-22	0.59%	$206,650,000	42	1.15	46.59	N/A	N/A	31.53%	6.95%	13.37%	N/A	N/A
AUSF	2018-08-24	0.27%	$222,150,000	191	0.76	20.96	1.80%	Semi-Annually	29.67%	12.22%	12.53%	N/A	N/A
JUST	2018-06-07	0.20%	$331,530,000	466	0.99	24.68	1.34%	Quarterly	20.12%	10.33%	14.08%	N/A	N/A
QQQM	2020-10-13	0.15%	$28,563,800,000	103	1.19	39.10	0.64%	Quarterly	30.95%	11.41%	N/A	N/A	N/A
JEPI	2020-05-20	0.35%	$33,000,000,000	130	0.60	24.98	7.85%	Monthly	15.02%	10.62%	N/A	N/A	N/A
JHML	2015-09-28	0.29%	$878,100,000	770	0.98	22.63	1.33%	Semi-Annually	26.16%	7.46%	14.30%	N/A	N/A
PAPI	2023-10-16	0.29%	$ 30,010,000	191	N/A	N/A	N/A	Monthly	N/A	N/A	N/A	N/A	N/A
SPYI	2022-08-29	0.68%	$1,540,712,551	506	N/A	21.72	11.88%	Monthly	14.01%	N/A	N/A	N/A	N/A
NULG	2016-12-13	0.26%	$1,500,000,000	64	1.21	44.81	0.39%	Annually	33.46%	10.24%	19.55%	N/A	N/A
OUSA	2015-07-14	0.48%	$736,478,089	102	0.79	24.16	1.78%	Quarterly	13.26%	10.03%	10.50%	N/A	N/A
COWZ	2016-12-16	0.49%	$19,893,341,895	103	0.91	8.47	1.93%	Quarterly	19.70%	11.45%	15.56%	N/A	N/A
NOBL	2013-10-09	0.35%	$11,760,000,000	67	0.88	N/A	2.05%	Quarterly	9.55%	8.72%	10.14%	10.50%	N/A
PVAL	2021-05-25	0.56%	$487,580,000	44	N/A	16.40	1.52%	Quarterly	35.54%	13.65%	N/A	N/A	N/A
DIA	1998-01-13	0.16%	$34,227,230,000	30	0.87	23.25	1.74%	Monthly	21.81%	10.08%	10.70%	11.46%	14.63%
STXG	2022-11-09	0.18%	$52,710,000	699	N/A	35.79	0.54%	Quarterly	29.22%	N/A	N/A	N/A	N/A
TEQI	2020-08-04	0.54%	$144,600,000	112	0.80	N/A	2.12%	Quarterly	4.15%	10.37%	N/A	N/A	N/A
MOAT	2012-04-24	0.46%	$12,040,000,000	55	1.02	27.48	0.87%	Annually	15.75%	11.80%	14.46%	12.98%	N/A
MGK	2007-12-17	0.07%	$13,700,000,000	79	1.20	42.03	0.49%	Quarterly	32.15%	7.81%	16.80%	15.28%	16.57%
VSDA	2017-04-18	0.40%	$238,560,735	74	0.89	21.99	2.03%	Monthly	16.08%	5.62%	11.42%	N/A	N/A
JOET	2020-11-17	0.29%	$89,927,599	125	1.04	19.32	1.30%	Quarterly	12.38%	7.97%	N/A	N/A	N/A
DGRW	2013-05-22	0.28%	$11,953,527,700	299	0.84	24.49	1.72%	Monthly	17.16%	9.81%	12.83%	12.29%	N/A
USSG	2019-03-06	0.10%	$982,980,000	310	1.03	29.75	1.43%	Quarterly	30.94%	10.15%	16.39%	N/A	N/A

MGN Financial Apps

Need help building an investment portfolio, designing a retirement income stream or creating a budget?

Nic Tustin, BA Econ

I used my experience from Sunlife, BMO, TD, Edward Jones and Canada Life to create apps to help investors pay fewer fees and income tax. I have a degree in Economics from the University of Waterloo, and financial industry designations such as the Canadian Securities Course (CSC), Conduct & Practices Handbook (CPH), Wealth Management Essentials (WME)and LLQP. I primarily focus on tactical asset allocation by actively balancing portfolios to reduce market risk. I’ve built my business on a foundation of integrity, due diligence, and innovation. I have the essential resources and financial expertise to implement these sophisticated strategies and help you understand how the variables, such as length of investment, liquidity of the investment, inflation rate, income taxes, market fluctuations, and interest rate risks can impact the results you want to achieve long term.