NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH)

The NEOS Nasdaq-100 Hedged Equity Income ETF (ticker QQQH) is an actively managed exchange-traded fund from NEOS Investments. It seeks to provide high monthly income along with the potential for capital appreciation and downside protection.

The fund holds the stocks of the Nasdaq-100 Index and overlays an options strategy that sells call options on the index to generate income while buying put options to hedge against declines. NEOS uses index options that receive favorable tax treatment and manages the portfolio with attention to tax efficiency.

The combination of short calls and long puts limits both upside and downside relative to the index, aiming for a smoother return profile with regular distributions.