XSPI: Amplified Monthly Income Through Leveraged S&P 500 Exposure

NEOS Boosted S&P 500 High Income ETF offers 150% notional S&P 500 exposure with a high annualized distribution target of 15–18%. XSPI's strategy amplifies both upside and downside, but option writing caps gains, making it less efficient for long-term capital appreciation. Amplified downside risk and capped upside limit XSPI's appeal to income-focused investors with existing growth ETF exposure; not suitable as a core holding.