Key stats
About NEOS ETF Trust NEOS Gold High Income ETF
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Inception date
Jun 5, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Neos Investment Management LLC
Distributor
Foreside Fund Services LLC
IAUI provides exposure to the price of gold bullion through a combination of strategies: ETPs, synthetic options, and covered calls. To start, the actively managed fund invests up to 25% of its assets in ETPs with direct exposure to physical gold through a wholly owned foreign subsidiary in the Cayman Islands. Shifts in the price of gold ETPs typically coincide with the actual price of gold. The fund concurrently invests in FLEX options, with gold ETP as the reference asset, while employing two options strategies. The first strategy aims to replicate shifts in ETP value by creating synthetic exposure through purchasing calls and selling put options at the same strike price with the same expiration. The second seeks to generate high monthly income by writing call options on gold ETPs with expected expirations of approximately one month. Note that the funds overall strategy will limit participation in gains of gold beyond a certain point. The fund is also required to post collateral.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Mutual fund
Bonds, Cash & Other100.00%
Government75.19%
Mutual fund25.22%
Cash−0.01%
Rights & Warrants−0.40%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IAUI assets under management is 10.04 M USD. It's risen 904.31% over the last month.
IAUI fund flows account for 9.94 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, IAUI doesn't pay dividends to its holders.
IAUI shares are issued by NEOS Investments LLC under the brand Neos. The ETF was launched on Jun 5, 2025, and its management style is Active.
IAUI expense ratio is 0.78% meaning you'd have to pay 0.78% of your investment to help manage the fund.
IAUI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IAUI invests in bonds.
IAUI trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.