
The NEOS Gold High Income ETF, referred to as "the Fund," is designed with a dual objective: to provide investors with substantial monthly income while also offering the potential for capital appreciation. It achieves these goals by strategically allocating its assets to various exchange-traded products (ETPs) that maintain direct holdings in gold.
Is IAUI's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

The NEOS Gold High Income ETF and the Kurv Gold Enhanced Income ETF both monetize gold upside for income but diverge in structure and return patterns, warranting close comparison for yield-focused gold investors. KGLD's upside exposure to gold sits near 86% against IAUI's ~50%, and it pays 15.80% to IAUI's 11.80%. More of the rally and more income. KGLD looks more nimble in its options book, shifting cadence week to week. IAUI prices were at the money and had its strikes breached repeatedly this year.

There's new life in the gold market, and that momentum could represent a buying opportunity for bullion-enthused investors seeking income. The NEOS Gold High Income ETF (IAUI) is ready to meet the moment.

NEOS Gold High Income ETF (IAUI) is rated BUY, leveraging elevated gold call premiums to generate attractive income amid a recovering gold market. IAUI's strategy benefits from increased demand for upside gold exposure, with options income justifying the tradeoff of capped gains in a non-breakout environment. The fund's momentum has improved, trading above short-term averages but below its 200-day, supporting a recovery thesis rather than a breakout.

Gold's 2025 monster run looks like a distant memory. The SPDR Gold Shares (NYSEARCA:GLD) is down 5.59% year-to-date through August 4, and holders are paying 0.40% per year to sit on bullion that pays them nothing.

Income remains top of mind for financial advisors. But increasingly, it's not just about generating more yield.