Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTNEOSWed, June 24, 2026 at 3:00 AM GMT+2 2 min readNEOSsc1Why Seek Monthly Income From Options-Based ETFs?Options-based ETFs may provide a differentiated approach to seeking high levels of current income, with lower correlation to traditional income-oriented investments, offering a potential complement or alternative to existing portfolio allocations.How Do the NEOS Equity High Income ETFs Work?Core Equity ExposureS&P 500 Index (Large Caps)Nasdaq-100 Index (Tech Focused)Russell 2000 Index (Small Caps)MSCI EAFE Index (International Equities)Data-Driven Call Option OverlaySeeks high monthly incomeOffers multiple layers of tax efficiencyAims to provide upside potential in rising marketsNEOS Equity High Income ETFs:NEOS S&P 500® High Income ETF (SPYI) NEOS Nasdaq-100® High Income ETF (QQQI) NEOS Russell 2000® High Income ETF (IWMI) NEOS MSCI EAFE High Income ETF (NIHI)Why We Believe Our Approach Stands Apart From the CompetitionUsing our data-driven, active, options-based approach, our team is committed to pursuing optimal outcomes throughout every aspect of product construction and management. Not all options-based ETFs are created equal.Common pitfalls of options-based income ETFs:Potentially capped upside in bull marketsCertain option contracts may have a higher tax burdenIncome may fluctuate with volatilityHow the NEOS Equity High Income ETFs aim to offer better outcomes:Seeks greater upside participation in rising marketsAims to deliver multiple layers of tax efficiencySeeks consistent, high monthly incomeAbout NEOS InvestmentsHeadquartered in Westport, CT, with 30+ professionals firmwide and decades of combined investment experience, NEOS was founded by a team of options-based ETF pioneers who previously created and managed some of the largest options-based ETFs currently in the market. NEOS is a global asset manager that utilizes quantitative approaches that seek to deliver investment solutions known for high monthly income potential and tax efficiency across core portfolio exposures and asset classes.DisclosuresInvestors should carefully consider the investment objectives, risks, charges and expenses of Exchange Traded Funds (ETFs) before investing. To obtain an ETF's prospectus containing this and other important information, please call (866) 498-5677 or view/download a prospectus at https://neosfunds.com. Please read the prospectus carefully before you invest.An investment in NEOS ETFs involves risk, including possible loss of principal. The equity securities purchased by the Funds may involve large price swings and potential for loss. There is no guarantee the NEOS ETFs will make monthly distributions and the amounts may fluctuate from month to month. Distributions made by NEOS ETFs have been classified as a return of capital and may be comprised of option premiums, dividends, capital gains, and interest payments.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info