$SPYI Monthly Dividend: 11.94% Yield, Income Calculator & Price Decay
$SPYI — NEOS S&P 500 High Income ETF — currently shows a 11.94% distribution rate and pays monthly. That ranks it #11 out of 25 monthly-paying ETFs in our database. Below: exactly how much capital it takes to hit your income target, where $SPYI sits against its closest peers, and whether it carries a price decay flag.
$SPYI At a Glance
✓ No Price Decay High Yield Top 60% by yield
How Much $SPYI Do You Need for Monthly Income?
This is the calculation most people actually want. At $SPYI's current 11.94% distribution rate, here is the capital required to hit common monthly income targets:
| Monthly Income Goal | Annual Income | Capital Required in $SPYI |
|---|---|---|
| $100 / month | $1,200 | $10,050 |
| $250 / month | $3,000 | $25,126 |
| $500 / month | $6,000 | $50,251 |
| $1,000 / month | $12,000 | $100,503 |
| $2,500 / month | $30,000 | $251,256 |
| $5,000 / month | $60,000 | $502,513 |
Where $SPYI Ranks Among Monthly Dividend ETFs
$SPYI's 11.94% distribution rate places it in the High Yield tier — a payout that typically requires an options overlay or leverage to produce. It sits at #11 of 25 funds by yield, putting it in the top 60% of monthly payers we track.
Yield rank alone is a weak signal. A fund at the very top of the list is usually there because it is running an aggressive single-stock option strategy, not because it is a better fund. Rank is useful for finding candidates, not for choosing between them.
Closest peers by yield
| Ticker | Fund Name | Yield | Price Decay |
|---|---|---|---|
| $YYY | Amplify High Income ETF | 12.24% | Yes |
| $RYLD | Global X Russell 2000 Covered Call ETF | 12.20% | Yes |
| $FTQI | First Trust Nasdaq BuyWrite Income ETF | 12.00% | No |
| $IAUI | NEOS Gold High Income ETF | 12.00% | No |
| $QDVO | Amplify CWP Growth & Income ETF | 11.00% | No |
| $SPYI | NEOS S&P 500 High Income ETF | 11.94% | No |
$SPYI Price Decay Analysis
$SPYI is not currently flagged for price decay. Its share price is at or above its inception level, meaning the distributions paid have not come at the cost of a shrinking share price. Among high yield funds this is the more favorable configuration, since the payout has been funded without eroding the underlying asset base.
This is a point-in-time measurement of share price versus inception price only. It does not guarantee future behavior, and it does not by itself tell you the fund's total return.
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Open the $SPYI Scorecard →$SPYI Monthly Dividend FAQ
How much do I need to invest in $SPYI to make $1,000 a month?
At a 11.94% distribution rate, generating $1,000 per month ($12,000 per year) from $SPYI would require approximately $100,503 invested. This is a straight yield calculation using the current rate — actual monthly amounts vary, and the distribution rate itself changes over time.
Does $SPYI pay dividends monthly?
Yes. $SPYI appears in the MonthlyETFs.com database of monthly-paying funds, meaning it distributes income on a monthly rather than quarterly schedule. Exact payment amounts and ex-dividend dates are set by the fund issuer and vary period to period.
What is $SPYI's dividend yield?
$SPYI currently shows a distribution rate of 11.94%, which places it in the High Yield tier and ranks it #11 out of 25 monthly-paying ETFs we track. Distribution rates are not guaranteed and move with the fund's underlying strategy and market conditions.
Does $SPYI have price decay?
No. $SPYI is not currently flagged for price decay — its share price is at or above its inception level. This measures share price only and is a point-in-time reading, not a guarantee about future price behavior.
Is $SPYI a good investment?
MonthlyETFs.com does not give buy or sell signals. What we can tell you is where $SPYI sits on the data: a 11.94% distribution rate, $7.56B in assets, and no price decay flag. Whether that fits your situation depends on your income needs, tax situation, and risk tolerance. Consult a licensed financial advisor.
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Disclaimer: MonthlyETFs.com is for entertainment and educational purposes ONLY. Nothing here is a buy or sell signal, investment advice, or tax advice. Yield, AUM and price decay figures are sourced from public data and refreshed automatically — they may be inaccurate or outdated and can change dramatically without notice. Distribution rates are not guaranteed and may be reduced or suspended at any time. Price decay reflects share price versus inception price only and does not account for distributions. Past performance does not predict future results. Investing carries risk including loss of principal. We are not financial advisors. Always verify current figures with the fund issuer and consult a licensed financial advisor before investing.