SPYI vs. QLV ETF Comparison

Comparison of NEOS S&P 500 High Income ETF (SPYI) to FlexShares US Quality Low Volatility Index Fund (QLV)

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

$52.37

Average Daily Volume

544,440

Number of Holdings ^*

498

* may have additional holdings in another (foreign) market

QLV

FlexShares US Quality Low Volatility Index Fund

QLV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Developed Markets ex-US Quality Low Volatility IndexSM. The underlying index is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to a broad universe of securities domiciled in developed market countries, excluding the U.S. The fund will invest at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. It is non-diversified.

Grade (RS Rating)

Last Trade

$67.36

Average Daily Volume

8,167

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	SPYI	QLV
30 Days	2.46%	0.93%
60 Days	5.16%	1.74%
90 Days	8.32%	5.77%
12 Months	23.62%	28.64%

81 Overlapping Holdings

Symbol	Grade	Weight in SPYI	Weight in QLV	Overlap
AAPL	D	6.71%	5.07%	5.07%
ABBV	D	0.74%	1.16%	0.74%
ABT	B	0.47%	0.95%	0.47%
ADI	D	0.26%	0.16%	0.16%
ADP	A	0.24%	0.9%	0.24%
AEE	A	0.04%	0.56%	0.04%
AEP	D	0.12%	0.56%	0.12%
AIZ	A	0.01%	0.76%	0.01%
ALL	A	0.08%	0.59%	0.08%
AMGN	F	0.38%	0.79%	0.38%
AMZN	B	3.84%	2.38%	2.38%
AVGO	B	1.59%	0.41%	0.41%
AVY	F	0.01%	0.66%	0.01%
AZO	C	0.03%	0.56%	0.03%
BRK.A	C	1.71%	0.57%	0.57%
CAG	F	0.03%	0.14%	0.03%
CB	D	0.23%	0.7%	0.23%
CHRW	B	0.0%	0.47%	0.0%
CINF	A	0.03%	0.56%	0.03%
CME	B	0.18%	0.93%	0.18%
CMS	D	0.04%	0.54%	0.04%
COR	A	0.06%	0.19%	0.06%
CTRA	C	0.04%	0.49%	0.04%
CTVA	C	0.1%	0.62%	0.1%
DLR	B	0.11%	0.67%	0.11%
DUK	D	0.2%	0.9%	0.2%
EA	A	0.07%	0.22%	0.07%
ED	D	0.08%	0.81%	0.08%
EQIX	C	0.18%	0.64%	0.18%
EXPD	F	0.03%	0.03%	0.03%
GD	A	0.13%	0.62%	0.13%
GILD	B	0.27%	1.1%	0.27%
GIS	F	0.09%	0.77%	0.09%
GOOG	B	1.76%	0.6%	0.6%
GOOGL	B	2.04%	0.85%	0.85%
HII	D	0.0%	0.36%	0.0%
HRL	F	0.02%	0.41%	0.02%
HSY	D	0.04%	0.47%	0.04%
IBM	D	0.45%	1.77%	0.45%
JKHY	C	0.01%	0.57%	0.01%
JNJ	F	0.81%	1.77%	0.81%
JPM	B	1.36%	0.2%	0.2%
K	A	0.04%	0.78%	0.04%
L	B	0.02%	0.1%	0.02%
LIN	D	0.47%	0.19%	0.19%
LLY	D	1.35%	2.49%	1.35%
LMT	D	0.23%	1.09%	0.23%
MCD	D	0.48%	1.98%	0.48%
MCK	B	0.12%	0.3%	0.12%
META	B	2.6%	1.27%	1.27%
MMC	C	0.23%	0.05%	0.05%
MRK	F	0.6%	2.39%	0.6%
MSFT	C	6.28%	7.65%	6.28%
NOC	C	0.12%	0.62%	0.12%
NVDA	A	7.09%	5.34%	5.34%
PEP	F	0.53%	1.56%	0.53%
PG	D	0.82%	3.17%	0.82%
PKG	B	0.01%	0.61%	0.01%
PM	C	0.47%	0.22%	0.22%
PNW	B	0.0%	0.5%	0.0%
PSA	D	0.08%	0.87%	0.08%
REGN	F	0.18%	0.5%	0.18%
ROP	B	0.11%	0.13%	0.11%
RSG	A	0.08%	0.56%	0.08%
SO	D	0.23%	0.7%	0.23%
T	C	0.37%	1.46%	0.37%
TMUS	A	0.27%	1.1%	0.27%
TRV	B	0.11%	0.64%	0.11%
TSCO	D	0.06%	0.5%	0.06%
TXN	B	0.41%	0.86%	0.41%
TYL	B	0.02%	0.81%	0.02%
UNH	B	1.11%	0.07%	0.07%
V	A	0.98%	2.17%	0.98%
VRSK	A	0.07%	0.39%	0.07%
VZ	D	0.41%	1.61%	0.41%
WEC	B	0.06%	0.84%	0.06%
WM	A	0.17%	0.67%	0.17%
WRB	B	0.04%	0.53%	0.04%
WTW	A	0.06%	0.86%	0.06%
XEL	A	0.08%	0.61%	0.08%
XOM	B	1.13%	1.14%	1.13%

SPYI Overweight 417 Positions Relative to QLV

Symbol	Grade	Weight
TSLA	B	1.48%
MA	A	0.89%
HD	B	0.83%
COST	B	0.81%
WMT	A	0.74%
NFLX	A	0.66%
CRM	B	0.65%
BAC	A	0.59%
ORCL	A	0.56%
CVX	B	0.55%
CSCO	A	0.54%
AMD	F	0.53%
KO	F	0.52%
ACN	C	0.49%
ADBE	C	0.49%
TMO	F	0.46%
WFC	B	0.45%
GE	C	0.45%
CAT	B	0.45%
QCOM	F	0.43%
DIS	C	0.42%
NOW	A	0.41%
ISRG	A	0.41%
CMCSA	B	0.4%
INTU	A	0.38%
AMAT	F	0.37%
PFE	F	0.37%
NEE	D	0.37%
DHR	F	0.36%
MS	A	0.35%
UBER	F	0.35%
AXP	B	0.34%
PGR	B	0.34%
UNP	D	0.33%
RTX	C	0.33%
LOW	B	0.33%
GS	B	0.33%
SPGI	D	0.31%
TJX	B	0.3%
VRTX	B	0.3%
HON	B	0.3%
COP	C	0.3%
C	B	0.29%
BSX	A	0.29%
SYK	A	0.29%
ETN	A	0.28%
FI	A	0.28%
MDT	D	0.28%
BMY	B	0.27%
MU	C	0.27%
BX	B	0.27%
PLD	F	0.25%
SBUX	B	0.25%
DE	D	0.24%
SCHW	A	0.24%
PANW	A	0.23%
INTC	C	0.23%
UPS	D	0.22%
AMT	F	0.22%
NKE	F	0.22%
PLTR	B	0.22%
MDLZ	F	0.22%
MO	A	0.22%
CI	D	0.2%
PYPL	B	0.2%
GEV	B	0.19%
APH	B	0.19%
ICE	D	0.19%
ANET	C	0.18%
CDNS	B	0.18%
ZTS	F	0.18%
KKR	B	0.18%
ELV	F	0.18%
BA	F	0.18%
CTAS	A	0.17%
EOG	B	0.17%
USB	B	0.17%
TT	A	0.17%
GM	B	0.17%
CL	F	0.17%
LRCX	F	0.17%
CSX	B	0.16%
PNC	A	0.16%
FCX	F	0.16%
ITW	B	0.16%
WELL	B	0.16%
SHW	B	0.16%
CVS	F	0.16%
CARR	D	0.15%
BDX	D	0.15%
CEG	D	0.15%
PH	B	0.15%
WMB	A	0.15%
HCA	D	0.15%
TGT	C	0.15%
AON	A	0.15%
MMM	D	0.15%
KLAC	F	0.15%
BK	B	0.14%
COF	B	0.14%
OKE	A	0.14%
SLB	D	0.14%
ABNB	C	0.14%
CRWD	B	0.14%
HLT	A	0.14%
EMR	A	0.14%
SNPS	B	0.13%
AFL	C	0.13%
PCAR	B	0.13%
APD	B	0.13%
TFC	A	0.13%
NXPI	F	0.13%
D	D	0.12%
MAR	A	0.12%
SRE	A	0.12%
JCI	B	0.12%
FIS	C	0.12%
FDX	B	0.12%
NEM	F	0.12%
AIG	C	0.12%
AJG	B	0.12%
PSX	D	0.12%
MPC	D	0.12%
ADSK	B	0.12%
CPRT	B	0.11%
AMP	A	0.11%
ECL	D	0.11%
DHI	D	0.11%
CCI	F	0.11%
NSC	B	0.11%
MET	C	0.11%
SPG	B	0.11%
FTNT	A	0.11%
MSI	B	0.11%
MCO	C	0.11%
BKNG	A	0.11%
KMI	A	0.11%
FAST	B	0.1%
PRU	B	0.1%
F	C	0.1%
PEG	D	0.1%
PCG	A	0.1%
LHX	B	0.1%
VLO	D	0.1%
IQV	F	0.09%
A	F	0.09%
VST	B	0.09%
MNST	B	0.09%
PAYX	B	0.09%
CTSH	A	0.09%
ROST	F	0.09%
DFS	B	0.09%
SYY	B	0.09%
MCHP	F	0.09%
EXC	D	0.09%
BKR	B	0.09%
RCL	A	0.09%
KVUE	A	0.09%
EW	F	0.09%
VICI	D	0.08%
TRGP	A	0.08%
DOW	F	0.08%
LEN	D	0.08%
IRM	C	0.08%
CNC	F	0.08%
ACGL	D	0.08%
DELL	C	0.08%
AME	A	0.08%
CHTR	B	0.08%
IR	A	0.08%
KR	A	0.08%
YUM	B	0.08%
DAL	A	0.08%
OTIS	D	0.08%
O	D	0.08%
ODFL	B	0.08%
CMI	B	0.08%
HWM	B	0.08%
CBRE	B	0.08%
GLW	B	0.08%
HES	C	0.08%
KMB	F	0.08%
DD	D	0.08%
EIX	D	0.07%
CMG	B	0.07%
FITB	A	0.07%
LULU	C	0.07%
HIG	C	0.07%
ON	D	0.07%
EXR	D	0.07%
KDP	D	0.07%
OXY	F	0.07%
GEHC	D	0.07%
HPQ	B	0.07%
EBAY	D	0.07%
PWR	B	0.07%
DVN	F	0.06%
SYF	B	0.06%
DXCM	C	0.06%
PHM	D	0.06%
HAL	D	0.06%
STZ	D	0.06%
FTV	D	0.06%
EQR	D	0.06%
HUM	F	0.06%
STT	B	0.06%
ROK	B	0.06%
RMD	B	0.06%
HPE	B	0.06%
RJF	A	0.06%
EFX	D	0.06%
NDAQ	B	0.06%
KHC	F	0.06%
ETR	B	0.06%
CSGP	D	0.06%
VMC	B	0.06%
ADM	F	0.06%
GPN	B	0.06%
NUE	C	0.06%
ANSS	B	0.06%
CHD	B	0.05%
IP	B	0.05%
FSLR	F	0.05%
ZBH	C	0.05%
WAB	B	0.05%
MTB	B	0.05%
BRO	A	0.05%
GDDY	A	0.05%
STE	F	0.05%
BR	A	0.05%
TDG	B	0.05%
SBAC	D	0.05%
NTAP	C	0.05%
GRMN	A	0.05%
CAH	B	0.05%
TROW	B	0.05%
ES	F	0.05%
FE	D	0.05%
UAL	A	0.05%
RF	A	0.05%
WY	F	0.05%
DTE	D	0.05%
HBAN	A	0.05%
PPL	A	0.05%
CCL	A	0.05%
VTR	C	0.05%
AVB	B	0.05%
XYL	D	0.05%
PPG	F	0.05%
URI	B	0.04%
MAS	D	0.04%
PFG	C	0.04%
DRI	B	0.04%
CLX	B	0.04%
TRMB	B	0.04%
TSN	C	0.04%
LYB	F	0.04%
KEYS	B	0.04%
KEY	B	0.04%
BALL	D	0.04%
EXPE	B	0.04%
MRO	B	0.04%
TTWO	A	0.04%
NRG	B	0.04%
INVH	D	0.04%
BLDR	D	0.04%
CNP	B	0.04%
PTC	B	0.04%
BIIB	F	0.04%
FANG	D	0.04%
WBD	C	0.04%
LUV	B	0.04%
NTRS	A	0.04%
WDC	D	0.04%
BAX	F	0.04%
CFG	B	0.04%
IFF	F	0.04%
LDOS	A	0.04%
VLTO	D	0.04%
CDW	F	0.04%
CBOE	D	0.04%
ORLY	A	0.04%
DOV	A	0.04%
LNT	C	0.03%
TER	D	0.03%
NCLH	A	0.03%
EVRG	A	0.03%
MSCI	B	0.03%
UDR	D	0.03%
DOC	C	0.03%
GPC	D	0.03%
ARE	F	0.03%
LYV	A	0.03%
DLTR	F	0.03%
HST	C	0.03%
EL	F	0.03%
JBL	B	0.03%
NI	A	0.03%
EQT	A	0.03%
LVS	C	0.03%
J	B	0.03%
GWW	B	0.03%
VTRS	B	0.03%
FICO	A	0.03%
STLD	B	0.03%
AWK	D	0.03%
ATO	A	0.03%
MRNA	F	0.03%
MAA	C	0.03%
HOLX	D	0.03%
MKC	D	0.03%
TXT	D	0.03%
AMCR	D	0.03%
KIM	B	0.03%
GEN	A	0.03%
DG	F	0.03%
HAS	D	0.02%
HUBB	B	0.02%
WBA	D	0.02%
LKQ	D	0.02%
CZR	D	0.02%
REG	B	0.02%
KMX	C	0.02%
IVZ	C	0.02%
MOS	D	0.02%
NVR	D	0.02%
DAY	B	0.02%
SOLV	C	0.02%
INCY	B	0.02%
TECH	C	0.02%
LW	C	0.02%
BXP	D	0.02%
FOXA	A	0.02%
MTD	F	0.02%
BG	D	0.02%
AXON	B	0.02%
CF	B	0.02%
ENPH	F	0.02%
ROL	B	0.02%
ERIE	F	0.02%
SWKS	F	0.02%
TPR	B	0.02%
ALB	C	0.02%
MGM	F	0.02%
BBY	D	0.02%
MTCH	F	0.02%
SW	C	0.02%
IDXX	D	0.02%
NWSA	B	0.02%
DECK	B	0.02%
SWK	F	0.02%
IT	A	0.02%
MLM	B	0.02%
MPWR	F	0.02%
APTV	F	0.02%
AKAM	F	0.02%
IPG	F	0.02%
STX	D	0.02%
AES	F	0.02%
PNR	B	0.02%
JNPR	C	0.02%
OMC	B	0.02%
FRT	C	0.01%
SJM	F	0.01%
CPT	D	0.01%
RVTY	C	0.01%
TFX	F	0.01%
CRL	C	0.01%
ALLE	D	0.01%
MKTX	C	0.01%
PAYC	B	0.01%
DGX	A	0.01%
EPAM	C	0.01%
GNRC	B	0.01%
VRSN	C	0.01%
UHS	D	0.01%
JBHT	B	0.01%
NDSN	B	0.01%
FFIV	B	0.01%
POOL	D	0.01%
FOX	A	0.01%
ALGN	D	0.01%
DPZ	C	0.01%
EG	D	0.01%
IEX	B	0.01%
LH	B	0.01%
PODD	B	0.01%
CPB	F	0.01%
PARA	C	0.01%
SNA	A	0.01%
FDS	A	0.01%
ESS	C	0.01%
ULTA	C	0.01%
MOH	F	0.01%
ZBRA	A	0.01%
BEN	C	0.01%
TAP	B	0.01%
SMCI	F	0.01%
CTLT	C	0.01%
TDY	A	0.01%
WST	C	0.01%
BWA	B	0.01%
APA	F	0.01%
WAT	B	0.01%
CPAY	A	0.01%
MHK	D	0.0%
DVA	C	0.0%
RL	B	0.0%
NWS	B	0.0%
FMC	F	0.0%
HSIC	F	0.0%
QRVO	F	0.0%
AOS	F	0.0%
WYNN	F	0.0%
CE	F	0.0%
EMN	D	0.0%
GL	B	0.0%

SPYI Underweight 33 Positions Relative to QLV

Symbol	Grade	Weight
ATR	A	-0.88%
RGLD	C	-0.83%
WDFC	A	-0.8%
DOX	A	-0.79%
QLYS	C	-0.77%
LSTR	B	-0.72%
CHE	D	-0.71%
QGEN	F	-0.7%
CHKP	D	-0.7%
ZM	A	-0.67%
SMMT	D	-0.65%
BAH	C	-0.61%
DTM	A	-0.61%
CALM	A	-0.61%
TTEK	C	-0.58%
STNG	F	-0.58%
WCN	B	-0.56%
SCI	B	-0.53%
ADC	B	-0.51%
SIGI	B	-0.51%
MKL	A	-0.5%
SON	F	-0.49%
FLO	F	-0.48%
NBIX	C	-0.43%
NFG	C	-0.37%
BMRN	F	-0.37%
SLGN	A	-0.33%
CRUS	F	-0.27%
DDS	C	-0.27%
BMI	B	-0.26%
ALKS	B	-0.19%
NCNO	B	-0.12%
CWAN	B	-0.08%