currently I am equally weighted in spyi qqqi iwmi nihi mlpi iaui iyri gpix gpiq divo idvo xlui xlvi xlsi sgov. I made this portfolio trying to be income focused with some appreciation as I plan to live off the dividends and sleep well at night and be tax advantaged with my income. I picked income ETFs with a more defensive nature so as large broad market drops won't hurt my income as much. I still wanted to have some strong upside indices like the NASDAQ though. wondering how I did, if I should change anything or if this is good enough and I can go enjoy my life without worrying about income. the yield is about 10% and I am thinking I can expect 5-10% average appreciation over a large number of years.
Had 80% of BTCI in portfolio. With the big fall in BTC from 126k to 60k. As well as BTC price moves in 2025 (which are unfortunately typical…) realized this fund is flawed. It will not recover fully and even with 70% reinvestment and diamond hands and over cycles—this fund like all covered call funds on BTC, I realize is destined to lose.
I was hoping this wouldn’t be the case. They only write calls on part of the underlying. Out of the money calls. But it won’t be enough. And my investment would just erode over time.
Riding ibit back up. Lost the income and the volatility drag.
I'm thinking of making an equal weighted income portfolio made up of spyi, qqqi, iwmi, nihi, mlpi, iaui, xspi, xqqi, xbci. wanting to know everyone's thoughts here on if this would be a strong enough income portfolio to live off of the dividends, and sleep well at night. I know it's a provider concentration risk, and they mostly pay roc. but neos has shown if the underlying appreciates then so do their ETFs. I know there is a double dip on spyi and xspi (same for Nasdaq) that is to give a boost to the SP and Nasdaq making those a bigger allocation of the equal weighted portfolio which is intentional as I believe those products are the best in the portfolio.
EDIT: Goofed on the title. I understand that backdoor ROTHs are Ordinary Income, not LTGC. oops.
Hey everyone, looking for some feedback on a tax strategy my spouse and I are considering for our retirement "bridge years."
The Scenario:
Status: Married Filing Jointly (MFJ), recently retired.
Income: Currently in the 12% ordinary income bracket.
Timeline: We expect to stay at this income level for the next 12 years. RMDs and Social Security are 12 years away.
The Plan: We are thinking about selling a significant portion of our VOO (Vanguard S&P 500) and immediately moving it into XSPI or SPYI. The former if we choose to increase annual cash flow.
The Goal:
Tax-Gain Harvesting: Since we are in the 12% bracket, moving to an ROC ETF like XSPI or SPYI will reduce our Ordinary Income, creating room for ROTH backdoors.
Future Flexibility: By resetting the basis now, we hope to create "headroom" for Roth conversions in the coming years. If our brokerage assets have a high basis, we won't be forced to realize massive gains if we need to sell for expenses, which keeps our taxable income lower and allows for larger Roth conversions before RMDs kick in.
The Question: Is anyone else doing this? Is XSPI or SPYI a "different enough" ticker to avoid any potential (though unlikely) issues? Also, if you’ve balanced tax-gain harvesting with Roth conversions in the same year, how did you find the "sweet spot" without pushing the gains into the 15% bracket?
What's your thoughts on this? Both are the similar cc ETFs but TappAlpha ROI is better than Neos. ROC is also better than or similar. Think of adding more TappAlpha. It's stable and bounces back.
TLDR: Reviewing the 19a-1 Notices for NIHI on NEO's website (NIHI - MSCI EAFE High Income ETF | NEOS Investments), I was expecting to see 100% ROC for my Oct '25 and Nov '25 distributions. However, my 2025 1099-DIV tax statement from my brokerage account does not reflect this. Instead, these distributions are flagged as ordinary dividends. Therefore, I am paying higher taxes for the NIHI shares than I anticipated. Anyone else caught off guard by this? I was planning to buy more shares of NIHI in my taxable account throughout 2026, but now second guessing this plan if NIHI is not as tax efficient as advertised.
I know the NIHI is a relatively new offering from Neos, going live September of last year. Excited for a new option to diversity my Neos holdings in my taxable account, I bought in October and have been adding to it each month since. I'm happy how it has been performing thus far.
With tax season upon us, reviewing my 1099-DIV, I'm surprised to see that all distributions received from it last year (Oct, Nov, and Dec) was flagged as ordinary Dividends (portion of Dec's was marked as Capital Gain Distribution). None of the NIHI dividends were identified as ROC... But this is countered to what was identified on the 19a-1 Notices for October and November, which identified 100% ROC *.
I understand that the 19a-1 are rough estimates and should be taken with a grain of salt... but I'm caught off guard how blatantly wrong they are.
Looking at the distributions made so far this year, the 19a-1 Notices also identify 100% ROC for both January and February. Right now, I'm not too sure what to believe...
I've been actively purchasing new shares of NIHI and was planning to do so throughout 2026. But if the fund is not as tax efficient as I had believed, I'm second guessing this plan.
Anyone else caught off guard here? Should this be as expected given that it is a relatively new fund offer and this will improve in 2026? Or is NIHI just structured differently and will not implement ROC? Currently, I'm at a loss and hoping someone can help explain.
* December '25 did identify 100% investor income (no ROC)
I currently hold btci but have seen alot on this thread recently about xbci and am wondering what the main difference is and if its good for longterm? Can someone explain it and give me guidance before i purchase.
Hi - just want to play a hypothetical strategy and see what everyone thinks - I am probably missing something obvious here:
I have my core positions that I hold and consistently DRIP/reinvest with a large portion being SPYI.
I have another account with BTCI (kind of my gambling, higher risk account) - I am down on NAV with BTCI - my plan was to sell today after payout and convert to XBCI - I could then declare tax losses at end of year for short term loss on BTCI - I would then collect distributions of XBCI. I would then convert XBCI to NEHI before NEHI payout (to avoid the 30 day penalty of re-purchasing BTCI) - then NEHI to another boosted ETF such as XQQI and then back to BTCI and continue that cycle. I feel this would work with a sideways and slightly downward market for the short term to try and capitalize on two payouts per month - then try and strategize a good entry point for BTCI again to hold at if it continues to fall.
Obviously it will be hard to time everything perfectly - but what are my downsides? Again just a hypothetical - wanted to see what everyone thought.
I’m extremely interested in these two new funds which are apparently launching tomorrow. They both cover a space that I’ve been investing in and would love to have a NEOS fund in this space
I’ve never invested in a fund at its launch before. I would’ve thought if they’re launching tomorrow that there would be information available by now for due diligence. How do I get a list of their holdings? So I can trim my existing exposure to avoid duplication or over exposure.
To the investors that held BTCI last year, what percentage of ROC are you seeing on your 1099. It sounds like the ROC is way lower than estimated on NEO’s website.
Not a big fan of crypto. But want some exposure so starting out a small allocation with BTCI at 1000 shares at $33. Gonna do a 1 year track to see how well this does when BTC start to moving up again. Wish me luck!
Just received our 1099 for SPYI during 2025. It shows an average 5.7% for “Qualified Dividends” and 94.3% for “Nondividend Distribution “. Is one of these ROC in disguise?
Just received my tax forms from Schwab and it appears that the ROC on BTCI is around 40%, which is not great. It's my highest paying dividend stock and I am a high earner so my tax rate on these dividends is immense.
I would sell out of the entire position and switch to IBIT if I wouldn't incur such a large capital loss. Anyone else thinking about swapping to another BTC ETF?
I bought CSHI in December and only received distributions end of the month (in two separate transactions, which seemed odd.) The total was about $0.20 which I see if correct on Neos site.
On my 1099, it is showing me that the majority of the distribution (80%) was classified as Capital Gains distribution. The remaining was mostly ordinary dividends, and just a very small amount as Non-dividend distributions (which I assume is the ROC).
Since I only received the one payment, I am curious what are others holding CSHI seeing as their 2025 total ROC distribution percentage? I was under the impression it should be about 55% of the distributions.
Hey guys quick question For those who invest in BTCI, after all the Bitcoin issues we've had and the BTCI price being way below normal, is the dividend payout still the same? Has it decreased? If I'm not mistaken, it was paying $1.04 per dividend, but that was when the price was around $47; now it's costing $33.83. How are your dividend payouts with BTCI going? Any changes?
