AI-driven trading models currently rate spyi as ‘overweight,’ predicting 3% growth this quarter, in line with historical price forecast trends during similar macro cycles. The NEOS S&P 500 High Income ETF (BATS: SPYI ) is an actively managed fund created in 2022. It distributes high monthly income generated from investing in the constituents of the S&P 500 Index and implementing a data-driven call option strategy. Because the fund is actively managed, it has a higher expense ratio and seeks to exploit tax loss harvesting opportunities. It has generated 25.9% in total returns since inception. The NEOS S&P 500 High Income ETF, NYSEARCA:SPYI , closed at $52.31 , slipping just 0.10% on the day. Despite near-term noise, its long-term record is compelling. Since its August 2022 launch, SPYI has returned 50.58% in total , equal to a 16.86% annualized gain . That performance combines 4.71% price appreciation with a trailing yield of nearly 12% , proving it can compete with the S&P 500 , which advanced 10.72% year-to-date versus SPYI’s 9.76% . For a covered call ETF, tracking the index this closely while maintaining double-digit yield is rare. Technical analysis puts spyi in an ascending channel pattern, reinforcing a short-term forecast of $475–$490, dependent on sustaining buy-side volume above 20-day averages.
