TSPY Could Be The SPYI Killer

Date: 2025-10-23 22:00:52

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If you’ve been watching my channel for any length of time, you know that I speak very highly of the company NEOS Funds. Before this company came into being, investors looking for covered call index funds were limited when it came to what options were available. Back then, Global X was considered the major covered call index fund provider, who gave us some decent ETFs but ultimately had some flaws. But when NEOS introduced their first ETF in 2022, which was SPYI, it turned out to be a much better option compared to Global X’s XYLD. SPYI turned out to have significantly better share price appreciation and a higher dividend yield, which has always been over 12%. Today they have 13 ETFs available and have amassed over 14 billion in assets under management. √

With this kind of success, it shouldn’t be that surprising that other fund providers were taking notes on what this company was doing and trying to launch similar ETFs. And that’s ultimately a good thing, because if another fund provider can create ETFs that are better than what NEOS offers, then that’s a win for investors like us. Thanks to these high yield fund providers competing, we have the potential to see better performing, higher yielding ETFs that’ll help us live off dividends sooner than we expected. And so a newer company that I’ve been observing over the past year, and who I think is blatantly going after NEOS at this point, is called TappAlpha Funds. This fund provider launched their first ETF a little over a year ago, and it’s extremely similar to ticker SPYI.

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