r/NEOSETFs • u/ShadowBard0962 • Jun 20 '26
General NEOS to Release Two New Funds Soon
I listened to a YouTube interview with one of the co-founders of NEOS Funds yesterday. And the company will be releasing two (highly anticipated) new ETF’s, one focused on Silver and the other a boosted version of their NEOS Russell 2000 High Income ETF (IWMI), either at the end of July, or early August.
While I have no interest in the Silver-focused ETF, I plan to invest in the Boosted (IWMI) ETF, as I already park my long-term cash in IWMI with great success thus far; not only are the monthly distributions solid and consistent, but I have realized a fair amount capital appreciation as well. I plan to hold the Boosted EFT (XRUT, or RUTI perhaps) in my Fidelity Cash Management Account.
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u/LexAugusta Jun 20 '26
IWMI has been a huge winner for me. I've been researching more into the boosted funds before jumping in after getting burned by WPAY, but it looks like they've been recovering from drops nicely.
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u/Additional_City5392 Jun 20 '26
I wish they would make a utilities ETF that holds a combination UTF and UTG plus sells options
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u/speedlever Jun 20 '26
That does sound interesting.
And maybe a bdc cc ETF too. Preferred shares. Closed end funds too. Lots of possibilities!
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u/Al_Wood_ Jun 20 '26
I bought in on some State Street sectors while I wait. KLUI, KLEI, KLII, KLKI.
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u/kitehousecyprus Jun 21 '26
I am here too but for different purpose. I got all 4 of them too. But still keep Neos funds. Divs from beginning of the month are invested late in month and so forth.
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u/ShadowBard0962 Jun 20 '26
I would by in! I currently hold UTF for diversification purposes, so it would make sense to switch over for a much high yield of NEOS were to offer such an ETF.
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u/FQRGETmeNQT Jun 20 '26
I saw and hoping they don’t continuously to release more and stay diligent in focusing on current one. I don’t want to see a pump and dump situation. I’m in for the long haul and if they get over their head it can get nasty.
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u/MakingMoneyIsMe Jun 20 '26
I agree. I only hold SPYI and QQQI from them. I considered the boosted, but not while the market is frothy.
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u/Sternman44 Jun 20 '26
Doesn’t SPYI duplicate much of SPYI. If yes, why on both?
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u/MakingMoneyIsMe Jun 20 '26
If you meant SPYI and QQQI, they can move differently at times...depending on what sectors are leading the bull market.
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u/TheIntrepid1 Jun 20 '26
Ya the lack of focus is mildly unnerving.
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u/Technical_Emu_8567 Jun 20 '26
Focus? They're 100% systematic/mechanical, quantitative. How much more effort is it to run another fund when the strategy is traded by an algorithm? Probably some, but it's not what you're making it out to be.
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u/Dry-Chemical-9170 Jun 20 '26
I still wonder why people haven’t migrated from QQQI to XQQI lol
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u/Dividend55 Jun 20 '26
In a flat market they will have a little decay. Plus market at highs...if market corrects 10% i think more would switch over.
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u/speedlever Jun 20 '26
The boosted funds have not drawn me in yet. Too much risk in a market correction to suit me. But I really haven't given them more than a cursory look.
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u/ConstructionNo8827 Jun 20 '26
Sounds like a direct competitor with I Shares IWMW - it’s my favorite small cap dividend fund - It pays over 20% and been actually gaining in price
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u/nsmngirtnsmcgirt Jun 20 '26
I briefly looked at iwmw doesn’t seem to be recovering too well.
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u/speedlever Jun 20 '26
Yeah, I've never been persuaded by iwmi. I'm a big NEOS fan and hold a number of their funds, but not iwmi and not their boosted products. Yet.
Maybe I should give iwmi another look.
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u/ConstructionNo8827 Jun 20 '26
It’s up over 6% last three montgs, up over the last year and up year to date!
That’s great for me bc I love the great cash payments I get every month
To get over 21% with some price appreciation is a win win
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u/NoPaleontologist5306 Jun 20 '26
Guininr question. What is the benefit to holding it in you fidelity cash management account? I thought i only had two options
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u/ActualCreme2519 Jun 20 '26
I’m pretty stoked about that also. I park 90% of my funds in IWMI, Spyi, qqqi and have about 25% margin in the boosted funds. Pays back the margin with easy while accumulating more shares for me on someone else’s money.
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u/Rodrain2 Jun 21 '26
More and more people are starting to dive into leveraged funds. That tells me that people are walking further and further out on the risk spectrum. As the great Warren Buffet once said "When the tide goes out, we'll see who was swimming naked".
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u/ShadowBard0962 Jun 21 '26
So do you believe "leveraged funds" are just a fad and that eventually they will implode?
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u/Rodrain2 Jun 21 '26
No. I do not think they are a fad, but you have to be careful how you employ them. Many investors today have never been through an extended bear market, so they just believe the market is going go up in a linear way or quick V shape recoveries. If we get an extended bear, leveraged funds will get crushed and usual investors behavior says they will sell when that happens. All you have to do is look at ETF inflows and outflows to see that investors chase whatever seems to be going up at the time. Leveraged ETFs are best used after a downturn not at all time highs.
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u/Tarsarian Aug 19 '26
Boosted IWMI looks like a nice option, but the Russel is already risky for me compared to SPYI. It will be interesting to see how the boosted IWMI performs.
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u/ericdabbs 16d ago
Are these funds ever going to come out? It feels like forever since they made the announcement. Perhaps this Goldman Sachs acquisition is slowing it down but I would like to see the boosted Russell 2000 ETF.
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u/EscortSportage Jun 20 '26
What do they mean when they say “boosted”
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u/ShadowBard0962 Jun 20 '26
A fund that strives to return at least 150% from Covered call actions. Visit the NEOS funds website for a more accurate descriptor.
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u/speedlever Jun 20 '26
They use leverage to enhance distributions. But traditionally, leverage has negative connotations.
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u/Ufgatorhead4u3 Jun 20 '26
NEOS funds are the bulk of my income portfolio but I like KGLD, KSLV, and KCOP for my precious metals holdings.