---
ticker: "SPYH"
name: "NEOS S&P 500 Hedged Equity Income ETF"
url: "https://etf.net/etf/SPYH"
grade: "B"
score: 61
graded_at: "2026-10-12"
category: "S&P 500 Option Income"
category_rank: "22 of 52"
methodology: "https://etf.net/methodology"
---

# SPYH: NEOS S&P 500 Hedged Equity Income ETF

Grade **B**, Score 61 of 100. Rank 22 of 52 in S&P 500 Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 44 | 29 of 52 |
| Mission | 88 | 21 of 35 |
| Risk | 57 | 19 of 52 |
| Tradability | 57 | 17 of 52 |
| Holdings | 74 | 9 of 41 |
| Durability | 40 | 40 of 52 |

## Top holdings

The fund holds 486 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | NVDA | NVIDIA Corp | 8.28% |
| 2 | AAPL | Apple Inc | 7.33% |
| 3 | MSFT | Microsoft Corp | 5.92% |
| 4 | AMZN | Amazon.com Inc | 3.84% |
| 5 | GOOGL | Alphabet Inc | 3.07% |
| 6 | AVGO | Broadcom Inc | 2.56% |
| 7 | GOOG | Alphabet Inc | 2.47% |
| 8 | META | Meta Platforms Inc | 2.37% |
| 9 | MU | Micron Technology Inc | 1.67% |
| 10 | TSLA | Tesla Inc | 1.62% |
| 11 | AMD | Advanced Micro Devices Inc | 1.51% |
| 12 | BRK/B | Berkshire Hathaway Inc | 1.43% |
| 13 | Cash&Other | Cash & Other | 1.41% |
| 14 | LLY | Eli Lilly & Co | 1.40% |
| 15 | JPM | JPMorgan Chase & Co. | 1.32% |
| 16 | XOM | ExxonMobil Holdings Corp | 1.04% |
| 17 | V | Visa Inc | 0.98% |
| 18 | JNJ | Johnson & Johnson | 0.96% |
| 19 | INTC | Intel Corp | 0.76% |
| 20 | WMT | Walmart Inc | 0.74% |
| 21 | ABBV | AbbVie Inc | 0.74% |
| 22 | MA | Mastercard Inc | 0.73% |
| 23 | PLTR | Palantir Technologies Inc | 0.72% |
| 24 | CSCO | Cisco Systems Inc | 0.71% |
| 25 | AMAT | Applied Materials Inc | 0.63% |
| 26 | COST | Costco Wholesale Corp | 0.62% |
| 27 | CVX | Chevron Corp | 0.62% |
| 28 | LRCX | Lam Research Corp | 0.60% |
| 29 | CAT | Caterpillar Inc | 0.57% |
| 30 | MRK | Merck & Co Inc | 0.54% |

Source: etf.net, https://etf.net/etf/SPYH. Please cite the page URL.