Is SPYI a Friend, Question Mark or Foe?

SPYI is classified a Friend under the Income Quality Score framework, based on long-duration distribution and total-return history. This is a research classification, not investment advice.

How safe is the SPYI distribution?

A Friend is an income asset whose long-term economic total return has historically covered its distributions and whose distribution has been stable over the available history. It describes a track record of durable, well-covered income.

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Public snapshot

SPYI Income Quality Score

Name: SPYI Income Quality Score
Creator: Income Quality Score
Keywords: SPYI income quality, SPYI dividend quality, SPYI dividend safety, SPYI distribution history, SPYI dividend score, SPYI analysis, Neos S&P 500(R) High Income ETF dividend

Neos S&P 500(R) High Income ETF (SPYI) has an Income Quality Score of 84/100, classified as a Friend with medium confidence, based on a 3-year income and total-return history.

Neos S&P 500(R) High Income ETF (SPYI) is a income ETF and is part of the IQ Score universe.

July 2026 snapshotAs of July 7, 2026Lookback: 3-year

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Long-term focused3-year income and total-return analysis

Data-drivenObjective scoring across 7 quality, distribution and risk signals

Clear classificationFriends to own. Foes to avoid.

IQ Score

84/100

FriendMedium confidence

Asset Type

ETF

Exchange

—

Trailing Yield (TTM)

11.9%

Rank in ETF Universe

3 of 35

Lookback

3-year

Data as of

July 7, 2026

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About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.

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IQ Signal Scores

7 quality, distribution and risk signals combined into the overall IQ Score.

Economic Payout Coverage

59/100

Distribution Cut Score

100/100

Distribution Trend

52/100

Total Return

98/100

Max Drawdown

100/100

Volatility

85/100

Yield Consistency

100/100

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IQ Score History

IQ Score trajectory since 2024

SPYI's IQ Score has 54 recorded points from 2024-08-30 to 2026-07-07, most recently 84, ranging between 54 and 84 over the period. Over that window SPYI recorded 3 classification changes. The chart above plots the score against the methodology's Friend and Foe thresholds and overlays a base-100 normalised price line for capital-preservation context.

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SPYI distribution history & safety

Across 5 years of distribution data (2022–2026), SPYI recorded 3 annual increases and no distribution cuts. Distribution stability is a core IQ Score signal — a long record free of cuts supports a stronger classification, while repeated cuts weaken it. Per-year figures are shown in the panel above.

Annual increases

2022–2026

Distribution cuts

2022–2026

Years of data

2022–2026

11.9%

Trailing yield (TTM)

As of snapshot

Stable

Distribution trend

Over available history

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IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.