Examine XSPI for a Higher Level of S&P 500 Income

With the S&P 500 up 9.84% YTD and trading near all-time highs, its dividend yield has fallen to about 1.1%, a multi-decade low, and 2025 marked the fifth straight year index members spent more on buybacks than dividends. NEOS’s newly launched NEOS Boosted S&P 500 High Income ETF (XSPI), debuted in February, offers a solutions-oriented product for income-seeking investors by combining S&P 500 holdings with an options overlay. XSPI targets tax-efficient monthly income, delivering a distribution rate of 16.57% (issuer target 15–18%) while preserving some upside via laddered call strategies; it has returned 7.13% since inception. The ETF could attract yield-seeking flows away from traditional dividend strategies amid low S&P yield levels.