ETF · Neos Funds
SPYI NEOS S&P 500 High Income ETF
NEOS S&P 500 High Income ETF has a solid dividend profile with no major red flags in the snapshot data.
Why we rate it 6.9
- Low yield of 0.50% — typical of growth-tilted stocks
- Payout ratio not applicable for ETFs — ETF distributions are dictated by the fund's underlying holdings
- ETF structure provides built-in diversification — single-name dividend cuts have limited impact
Where SPYI ranks
We compute the same 0–10 safety score across 53 dividend-paying stocks and ETFs. Here's where SPYI lands inside that universe.
The universe is curated to the most-searched US dividend payers. We'll expand it as the data layer grows; sector percentiles only appear when we have at least 5 comparable peers.
The two questions a safety score doesn't answer
A safety score tells you how durable SPYI's payout looks. It does not tell you what you keep after tax, or whether something else does the same job better.
On tax: what you actually pocket depends on whether SPYI dividends are qualified — qualified distributions are taxed at 0%, 15%, or 20%, while ordinary ones are taxed at your full marginal rate, a gap that can reach 22 percentage points of the income on the same headline yield.
On substitutes: if SPYI's 6.9/10 score is lower than you want, see SPYI alternatives — same-sector ETFs ranked by how closely they match SPYI on both yield and safety, so you can see what a swap actually costs you.
How SPYI's safety score has moved
88 daily snapshots over the trailing 90 days · range 6.9–7.6
Every Infnits dividend safety score is computed from the same factors (yield zone, payout ratio, trend vs 5-year average, instrument type, size). The history above is recomputed directly from each day's fundamentals snapshot, so the line reflects how the underlying signals actually moved — not retroactive smoothing.
About NEOS S&P 500 High Income ETF
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the S&P 500® Index and a call options strategy, which consists of a mix of written (sold) call options and long (bought) call options on the S&P 500® Index. Under certain circumstances, the call options strategy may include transactions with covered call options.
How we score dividend safety
The Infnits dividend safety score is a 0–10 rating derived from yield zone, payout ratio (when applicable), yield trend versus 5-year average, instrument type, and company size. Each factor is independently transparent — see the reasons above for exactly which factors contributed to SPYI's score.
For the full methodology including the in-app version that uses ETF look-through and historical cut data, see our methodology page.
This is educational, not investment advice. Dividend safety scores reflect a snapshot of public data on the "as of" date shown. Verify current data on the issuer's investor relations page or your brokerage before making decisions.
Frequently asked questions
Is SPYI safe?
On dividend safety specifically, Infnits scores SPYI 6.9/10 — solid. NEOS S&P 500 High Income ETF has a solid dividend profile with no major red flags in the snapshot data. That score measures how durable the payout looks based on yield zone, payout ratio, yield trend, and instrument type; it does not measure price risk, valuation, or whether SPYI suits your portfolio.
Is SPYI's dividend safe?
Based on snapshot data — yield 0.50%, payout ratio —, instrument type etf — Infnits rates SPYI's dividend safety profile as solid (6.9/10). This is one signal, not a recommendation.
What is SPYI's current dividend yield?
SPYI has a current dividend yield of 0.50% as of October 29, 2026.
How is SPYI's safety score calculated?
The score combines yield zone (yields above 7% historically carry elevated cut risk), payout ratio (lower is safer), trend vs. 5-year average yield, instrument type (ETFs are inherently more diversified), and size (larger companies have more stable cash flows). Each factor is scored 0-2.5 and summed to a 0-10 result.
Where does this data come from?
Fundamentals are sourced from public market data and refreshed regularly. The "as of" date on each page reflects the snapshot used for the score. For real-time data, check the issuer's investor relations page or your brokerage.
Should I buy SPYI based on this score?
No — this is an educational score based on a handful of public signals, not investment advice. Use it as one input among many. For a portfolio-aware analysis with ETF look-through and personalized insights, install the Infnits app.
Get emailed when SPYI score changes.
SPYI head-to-head comparisons
See SPYI compared side-by-side with the most-searched peer tickers — yield, safety, growth trend, expense ratio, and tax treatment.
More SPYI analysis
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See how SPYI fits your portfolio
Add your other holdings and the free analyzer shows your total annual income, weighted safety score, and whether SPYI is carrying too much of your income. Runs in your browser — no account, no download.
Or read how safety scoring works.