SPYI vs. PAPI ETF Comparison

Comparison of NEOS S&P 500 High Income ETF (SPYI) to Parametric Equity Premium Income ETF (PAPI)

SPYI

NEOS S&P 500 High Income ETF

SPYI Description

SHP ETF Trust - NEOS S&P 500 High Income ETF is an exchange traded fund launched by Faith Investor Services LLC. The fund is managed by Neos Investment Management, LLC. The fund invests in public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. The fund invests in growth and value stocks of large-cap companies, within the market capitalization range of the S&P 500 Index. SHP ETF Trust - NEOS S&P 500 High Income ETF was formed on August 30, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$51.96

Average Daily Volume

607,658

Number of Holdings ^*

499

* may have additional holdings in another (foreign) market

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	SPYI	PAPI
30 Days	2.57%	3.08%
60 Days	4.02%	3.73%
90 Days	5.68%	4.88%
12 Months	22.34%	19.25%

127 Overlapping Holdings

Symbol	Grade	Weight in SPYI	Weight in PAPI	Overlap
ABBV	D	0.61%	0.46%	0.46%
ABT	B	0.45%	0.52%	0.45%
ACN	C	0.51%	0.5%	0.5%
ADI	D	0.24%	0.48%	0.24%
ADM	D	0.06%	0.47%	0.06%
ADP	B	0.25%	0.54%	0.25%
AEE	A	0.04%	0.54%	0.04%
AEP	D	0.11%	0.5%	0.11%
AFL	B	0.13%	0.5%	0.13%
AMCR	D	0.03%	0.47%	0.03%
AOS	F	0.0%	0.48%	0.0%
APD	A	0.13%	0.51%	0.13%
ATO	A	0.03%	0.53%	0.03%
BBY	D	0.02%	0.49%	0.02%
BDX	F	0.14%	0.5%	0.14%
BG	F	0.02%	0.5%	0.02%
BKR	B	0.1%	0.62%	0.1%
CAG	D	0.03%	0.48%	0.03%
CAH	B	0.05%	0.56%	0.05%
CHD	B	0.05%	0.54%	0.05%
CI	F	0.2%	0.47%	0.2%
CINF	A	0.04%	0.58%	0.04%
CMCSA	B	0.4%	0.54%	0.4%
CME	A	0.18%	0.52%	0.18%
CMI	A	0.08%	0.57%	0.08%
COP	C	0.3%	0.56%	0.3%
COR	B	0.06%	0.54%	0.06%
COST	B	0.83%	0.54%	0.54%
CSCO	B	0.55%	0.54%	0.54%
CTRA	B	0.04%	0.57%	0.04%
CTSH	B	0.09%	0.53%	0.09%
CTVA	C	0.09%	0.5%	0.09%
CVX	A	0.56%	0.57%	0.56%
D	C	0.11%	0.5%	0.11%
DD	D	0.08%	0.51%	0.08%
DGX	A	0.01%	0.57%	0.01%
DHR	F	0.34%	0.45%	0.34%
DOW	F	0.07%	0.44%	0.07%
DRI	B	0.04%	0.54%	0.04%
DUK	C	0.19%	0.5%	0.19%
DVN	F	0.05%	0.5%	0.05%
EA	A	0.07%	0.59%	0.07%
ED	D	0.07%	0.48%	0.07%
ELV	F	0.17%	0.43%	0.17%
EMN	D	0.0%	0.49%	0.0%
EMR	A	0.16%	0.61%	0.16%
EOG	A	0.18%	0.56%	0.18%
EVRG	A	0.03%	0.55%	0.03%
EXPD	D	0.03%	0.52%	0.03%
FAST	B	0.1%	0.56%	0.1%
FE	C	0.05%	0.5%	0.05%
FMC	D	0.0%	0.46%	0.0%
FOX	A	0.01%	0.59%	0.01%
FOXA	B	0.02%	0.57%	0.02%
GD	F	0.13%	0.5%	0.13%
GILD	C	0.27%	0.53%	0.27%
GLW	B	0.08%	0.53%	0.08%
GPC	D	0.03%	0.45%	0.03%
GRMN	B	0.05%	0.65%	0.05%
HAS	D	0.01%	0.46%	0.01%
HIG	B	0.07%	0.51%	0.07%
HII	D	0.01%	0.39%	0.01%
HPE	B	0.06%	0.53%	0.06%
HPQ	B	0.07%	0.52%	0.07%
HRL	D	0.02%	0.49%	0.02%
IBM	C	0.44%	0.46%	0.44%
IP	B	0.04%	0.63%	0.04%
IPG	D	0.02%	0.45%	0.02%
JCI	C	0.13%	0.58%	0.13%
JKHY	D	0.01%	0.49%	0.01%
JNJ	D	0.76%	0.5%	0.5%
KDP	D	0.07%	0.46%	0.07%
KHC	F	0.06%	0.46%	0.06%
KMB	D	0.08%	0.49%	0.08%
KMI	A	0.12%	0.58%	0.12%
KO	D	0.49%	0.45%	0.45%
LEN	D	0.07%	0.47%	0.07%
LH	C	0.01%	0.57%	0.01%
LHX	C	0.1%	0.53%	0.1%
LIN	D	0.46%	0.49%	0.46%
LKQ	D	0.02%	0.51%	0.02%
LNT	A	0.03%	0.52%	0.03%
LYB	F	0.04%	0.48%	0.04%
MDT	D	0.27%	0.51%	0.27%
MO	A	0.22%	0.59%	0.22%
MOS	F	0.02%	0.54%	0.02%
MRK	F	0.57%	0.46%	0.46%
MSFT	F	6.34%	0.53%	0.53%
NEM	D	0.1%	0.38%	0.1%
OKE	A	0.15%	0.61%	0.15%
OMC	C	0.02%	0.49%	0.02%
PAYX	C	0.09%	0.53%	0.09%
PEG	A	0.1%	0.52%	0.1%
PEP	F	0.51%	0.48%	0.48%
PFE	D	0.35%	0.44%	0.35%
PFG	D	0.04%	0.5%	0.04%
PG	A	0.8%	0.52%	0.52%
PKG	A	0.01%	0.56%	0.01%
PM	B	0.44%	0.56%	0.44%
PPG	F	0.05%	0.49%	0.05%
PPL	B	0.05%	0.55%	0.05%
PRU	A	0.1%	0.53%	0.1%
PSX	C	0.13%	0.52%	0.13%
QCOM	F	0.4%	0.49%	0.4%
RF	A	0.06%	0.57%	0.06%
ROP	B	0.12%	0.52%	0.12%
RTX	C	0.33%	0.5%	0.33%
SNA	A	0.01%	0.63%	0.01%
SO	D	0.22%	0.5%	0.22%
SRE	A	0.13%	0.57%	0.13%
SWKS	F	0.02%	0.45%	0.02%
SYK	C	0.3%	0.57%	0.3%
T	A	0.37%	0.55%	0.37%
TAP	C	0.01%	0.59%	0.01%
TJX	A	0.31%	0.54%	0.31%
TROW	B	0.05%	0.56%	0.05%
TRV	B	0.11%	0.57%	0.11%
TXN	C	0.4%	0.53%	0.4%
UNH	C	1.16%	0.55%	0.55%
UPS	C	0.21%	0.52%	0.21%
VLO	C	0.11%	0.55%	0.11%
VZ	C	0.4%	0.5%	0.4%
WEC	A	0.06%	0.52%	0.06%
WMB	A	0.15%	0.58%	0.15%
WMT	A	0.74%	0.54%	0.54%
XEL	A	0.08%	0.57%	0.08%
XOM	B	1.13%	0.52%	0.52%

SPYI Overweight 372 Positions Relative to PAPI

Symbol	Grade	Weight
NVDA	C	7.23%
AAPL	C	6.6%
AMZN	C	4.02%
META	D	2.57%
GOOGL	C	2.1%
TSLA	B	1.9%
GOOG	C	1.8%
BRK.A	B	1.76%
AVGO	D	1.55%
JPM	A	1.45%
LLY	F	1.33%
V	A	1.01%
MA	C	0.9%
HD	A	0.83%
CRM	B	0.73%
NFLX	A	0.7%
BAC	A	0.64%
ORCL	B	0.6%
ADBE	C	0.52%
AMD	F	0.51%
WFC	A	0.49%
MCD	D	0.47%
GE	D	0.46%
CAT	B	0.45%
NOW	A	0.43%
DIS	B	0.43%
TMO	F	0.43%
ISRG	A	0.42%
INTU	C	0.42%
MS	A	0.38%
GS	A	0.36%
AMAT	F	0.35%
PGR	A	0.35%
AMGN	D	0.35%
NEE	D	0.34%
AXP	A	0.34%
LOW	D	0.33%
UNP	C	0.33%
UBER	D	0.33%
HON	B	0.32%
SPGI	C	0.31%
ETN	A	0.3%
C	A	0.3%
VRTX	F	0.29%
FI	A	0.29%
BSX	B	0.29%
TMUS	B	0.28%
BX	A	0.28%
BMY	B	0.27%
SCHW	B	0.26%
PLD	D	0.25%
PANW	C	0.25%
MU	D	0.25%
PLTR	B	0.25%
SBUX	A	0.25%
INTC	D	0.24%
MMC	B	0.23%
CB	C	0.23%
DE	A	0.23%
LMT	D	0.23%
BLK	C	0.23%
PYPL	B	0.22%
NKE	D	0.21%
APH	A	0.2%
GEV	B	0.2%
MDLZ	F	0.2%
ICE	C	0.19%
KKR	A	0.19%
AMT	D	0.19%
TT	A	0.18%
USB	A	0.18%
WM	A	0.18%
EQIX	A	0.18%
GM	B	0.18%
CDNS	B	0.18%
LRCX	F	0.17%
BA	F	0.17%
REGN	F	0.17%
ANET	C	0.17%
PNC	B	0.17%
CTAS	B	0.17%
ZTS	D	0.17%
MMM	D	0.16%
PH	A	0.16%
AON	A	0.16%
CVS	D	0.16%
WELL	A	0.16%
ITW	B	0.16%
CL	D	0.16%
CSX	B	0.16%
SHW	A	0.16%
KLAC	D	0.15%
HLT	A	0.15%
CARR	D	0.15%
COF	B	0.15%
CRWD	B	0.15%
TGT	F	0.15%
PCAR	B	0.14%
CEG	D	0.14%
MCK	B	0.14%
HCA	F	0.14%
FCX	D	0.14%
SLB	C	0.14%
TFC	A	0.14%
MPC	D	0.13%
ABNB	C	0.13%
NXPI	D	0.13%
ADSK	A	0.13%
SNPS	B	0.13%
FTNT	C	0.13%
BK	A	0.13%
MSI	B	0.12%
AIG	B	0.12%
NOC	D	0.12%
FIS	C	0.12%
FDX	B	0.12%
AJG	B	0.12%
MAR	B	0.12%
ECL	D	0.11%
DLR	B	0.11%
SPG	B	0.11%
BKNG	A	0.11%
MCO	B	0.11%
MET	A	0.11%
CPRT	A	0.11%
NSC	B	0.11%
AMP	A	0.11%
DHI	D	0.1%
VST	B	0.1%
RCL	A	0.1%
CCI	D	0.1%
F	C	0.1%
DFS	B	0.1%
PCG	A	0.1%
ROST	C	0.09%
RSG	A	0.09%
GIS	D	0.09%
EXC	C	0.09%
ODFL	B	0.09%
SYY	B	0.09%
DAL	C	0.09%
MNST	C	0.09%
KVUE	A	0.09%
EW	C	0.09%
HWM	A	0.09%
PWR	A	0.08%
DELL	C	0.08%
O	D	0.08%
PSA	D	0.08%
MCHP	D	0.08%
ACGL	D	0.08%
YUM	B	0.08%
OTIS	C	0.08%
A	D	0.08%
TRGP	B	0.08%
CHTR	C	0.08%
CBRE	B	0.08%
AME	A	0.08%
KR	B	0.08%
IQV	D	0.08%
ALL	A	0.08%
IR	B	0.08%
HES	B	0.08%
EIX	B	0.07%
NUE	C	0.07%
ON	D	0.07%
ANSS	B	0.07%
VRSK	A	0.07%
GPN	B	0.07%
EXR	D	0.07%
GEHC	F	0.07%
CNC	D	0.07%
LULU	C	0.07%
IRM	D	0.07%
CMG	B	0.07%
OXY	D	0.07%
EBAY	D	0.07%
VICI	C	0.07%
FITB	A	0.07%
UAL	A	0.06%
STZ	D	0.06%
CCL	B	0.06%
HBAN	A	0.06%
TSCO	D	0.06%
EFX	F	0.06%
EQR	B	0.06%
DXCM	D	0.06%
STT	A	0.06%
HAL	C	0.06%
FTV	C	0.06%
ROK	B	0.06%
ETR	B	0.06%
CSGP	D	0.06%
NDAQ	A	0.06%
SYF	B	0.06%
HUM	C	0.06%
RJF	A	0.06%
VMC	B	0.06%
WTW	B	0.06%
ZBH	C	0.05%
SBAC	D	0.05%
CFG	B	0.05%
ORLY	B	0.05%
DOV	A	0.05%
WAB	B	0.05%
ES	D	0.05%
BRO	B	0.05%
TDG	D	0.05%
DTE	C	0.05%
WY	D	0.05%
WBD	C	0.05%
BR	A	0.05%
NTAP	C	0.05%
MTB	A	0.05%
GDDY	A	0.05%
VTR	C	0.05%
PHM	D	0.05%
XYL	D	0.05%
AVB	B	0.05%
RMD	C	0.05%
AZO	C	0.04%
VTRS	A	0.04%
TXT	D	0.04%
CLX	B	0.04%
GEN	B	0.04%
FICO	B	0.04%
URI	B	0.04%
WRB	A	0.04%
KEYS	A	0.04%
FSLR	F	0.04%
BAX	D	0.04%
TSN	B	0.04%
IFF	D	0.04%
BIIB	F	0.04%
BALL	D	0.04%
MRO	B	0.04%
NRG	B	0.04%
WDC	D	0.04%
BLDR	D	0.04%
EXPE	B	0.04%
KEY	B	0.04%
CBOE	B	0.04%
INVH	D	0.04%
CMS	C	0.04%
PTC	A	0.04%
CDW	F	0.04%
TRMB	B	0.04%
CNP	B	0.04%
TTWO	A	0.04%
FANG	D	0.04%
HSY	F	0.04%
NTRS	A	0.04%
VLTO	D	0.04%
LUV	C	0.04%
LDOS	C	0.04%
STE	F	0.04%
ARE	D	0.03%
DOC	D	0.03%
MRNA	F	0.03%
NCLH	B	0.03%
EL	F	0.03%
AXON	A	0.03%
DLTR	F	0.03%
MSCI	C	0.03%
UDR	B	0.03%
HST	C	0.03%
JBL	B	0.03%
LYV	A	0.03%
NI	A	0.03%
LVS	C	0.03%
AWK	D	0.03%
DG	F	0.03%
MKC	D	0.03%
J	F	0.03%
STLD	B	0.03%
MAS	D	0.03%
GWW	B	0.03%
HOLX	D	0.03%
KIM	A	0.03%
MAA	B	0.03%
K	A	0.03%
EQT	B	0.03%
WST	C	0.02%
HUBB	B	0.02%
CZR	F	0.02%
CPAY	A	0.02%
TYL	B	0.02%
NVR	D	0.02%
MTD	D	0.02%
REG	B	0.02%
IVZ	B	0.02%
SOLV	C	0.02%
TECH	D	0.02%
DAY	B	0.02%
MTCH	D	0.02%
MPWR	F	0.02%
KMX	B	0.02%
BXP	D	0.02%
LW	C	0.02%
INCY	C	0.02%
L	A	0.02%
CF	B	0.02%
SWK	D	0.02%
ERIE	D	0.02%
AKAM	D	0.02%
AES	F	0.02%
SW	A	0.02%
TPR	B	0.02%
ROL	B	0.02%
MGM	D	0.02%
IDXX	F	0.02%
NWSA	B	0.02%
STX	D	0.02%
ALB	C	0.02%
JNPR	F	0.02%
MLM	B	0.02%
APTV	D	0.02%
IT	C	0.02%
DECK	A	0.02%
PNR	A	0.02%
TER	D	0.02%
FRT	B	0.01%
RVTY	F	0.01%
CPT	B	0.01%
TFX	F	0.01%
ALLE	D	0.01%
MKTX	D	0.01%
CRL	C	0.01%
PAYC	B	0.01%
AIZ	A	0.01%
GNRC	B	0.01%
UHS	D	0.01%
VRSN	F	0.01%
JBHT	C	0.01%
POOL	C	0.01%
NDSN	B	0.01%
AVY	D	0.01%
EPAM	C	0.01%
FFIV	B	0.01%
ALGN	D	0.01%
DPZ	C	0.01%
SMCI	F	0.01%
EG	C	0.01%
IEX	B	0.01%
CPB	D	0.01%
PARA	C	0.01%
MOH	F	0.01%
FDS	B	0.01%
PODD	C	0.01%
ULTA	F	0.01%
ESS	B	0.01%
BEN	C	0.01%
ZBRA	B	0.01%
APA	D	0.01%
ENPH	F	0.01%
CTLT	B	0.01%
WBA	F	0.01%
WAT	B	0.01%
TDY	B	0.01%
BWA	D	0.01%
MHK	D	0.0%
DVA	B	0.0%
RL	B	0.0%
NWS	B	0.0%
QRVO	F	0.0%
HSIC	B	0.0%
CE	F	0.0%
WYNN	D	0.0%
PNW	B	0.0%
GL	B	0.0%
SJM	D	0.0%
CHRW	C	0.0%

SPYI Underweight 62 Positions Relative to PAPI

Symbol	Grade	Weight
DTM	B	-0.62%
UNM	A	-0.61%
IDCC	A	-0.61%
PINC	B	-0.6%
CFR	B	-0.59%
PB	A	-0.59%
IDA	A	-0.59%
JHG	A	-0.58%
WHR	B	-0.57%
RHI	B	-0.57%
TXRH	C	-0.57%
WSO	A	-0.56%
RS	B	-0.56%
DCI	B	-0.55%
INGR	B	-0.55%
GGG	B	-0.55%
OGE	B	-0.55%
GNTX	C	-0.54%
PAG	B	-0.54%
OGS	A	-0.54%
ORI	A	-0.54%
AFG	A	-0.54%
MTN	C	-0.54%
AM	A	-0.53%
MSM	C	-0.53%
COLM	B	-0.53%
HP	B	-0.52%
BMI	B	-0.52%
NFG	A	-0.52%
ATR	B	-0.52%
CHRD	D	-0.52%
POR	C	-0.51%
AVT	C	-0.51%
CALM	A	-0.51%
DLB	B	-0.51%
DINO	D	-0.51%
FNF	B	-0.51%
OXM	D	-0.51%
POWI	D	-0.5%
NYT	C	-0.5%
CCOI	B	-0.5%
SNX	C	-0.5%
RGLD	C	-0.5%
MTG	C	-0.5%
DOX	D	-0.49%
CHE	D	-0.49%
SON	D	-0.49%
FLO	D	-0.49%
WEN	D	-0.48%
RPRX	D	-0.48%
LEA	D	-0.48%
WU	D	-0.48%
SHOO	D	-0.47%
ASH	D	-0.46%
ESNT	D	-0.45%
HUN	F	-0.44%
MAN	D	-0.44%
INSW	F	-0.44%
PII	D	-0.43%
CVI	F	-0.42%
CRI	D	-0.41%
SCCO	F	-0.0%