NEOS Gold High Income ETF (IAUI)Commodities Focused | Exchange Traded Fund | Cboe US
48.47 USD
-1.05
(-2.120%) ⇩
(July 13, 2026, 3:59 p.m.
EDT)
After hours: 48.57 +0.10 (0.206%) ⇧ (July 13, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 4:02 a.m. EDT
This instrument is a classic 'yield trap' masquerading as a high-income play. The headline-grabbing 14% dividend yield is entirely artificial, driven by a massive capital loss that wiped out nearly half the fund's value since inception. The price has collapsed from a high of $64.57 to the current $49.50 range, meaning the 'income' is largely a return of principal, not sustainable earnings. The recent price action confirms this distress, with the asset trading significantly below its 50-day and 200-day moving averages, indicating persistent selling pressure. While the options market shows speculative hedging via heavy put open interest, the fundamental reality is stark: the fund is delivering negative total returns despite the high coupon. Investors chasing the yield are likely facing a 'value trap' where the high payout masks a deteriorating asset base and a broken business model. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.054274 |
| AutoETS | 0.054275 |
| MSTL | 0.057571 |
| AutoTheta | 0.065040 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 48% |
| H-stat | 48.43 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.159 |
| Excess Kurtosis | -1.05 |
As of July 11, 2026, 4:02 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put open interest relative to calls, particularly for the September expiration where puts dominate entirely. While there is some call volume at strikes above current price, the overwhelming open interest concentration in lower strikes suggests a fear of downside volatility rather than a bullish bet on a rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.98% | 12.40% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-16 | 0.513 | 0.980505 |
| 2026-05-20 | 0.555 | 1.008358 |
| 2026-04-22 | 0.586 | 1.021796 |
| 2026-03-18 | 0.613 | 1.042163 |
| 2026-02-18 | 0.620 | 1.016727 |
| 2026-01-21 | 0.609 | 1.018735 |
| 2025-12-24 | 0.598 | 1.044359 |
| 2025-11-26 | 0.571 | 1.042351 |
| 2025-10-22 | 0.581 | 1.079123 |
| 2025-09-24 | 0.543 | 1.054574 |
| 2025-08-20 | 0.511 | 1.043070 |
| 2025-07-23 | 0.520 | 1.049657 |
| 2025-06-25 | 0.522 | 1.056894 |
| Attribute | Value |
|---|---|
| All Time High | 64.57 |
| All Time Low | 47.86 |
| Ask | 0.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 166,170 |
| Average Daily Volume3 Month | 204,175 |
| Average Volume | 204,175 |
| Average Volume10Days | 166,170 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 100 |
| Category | Commodities Focused |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 49.12 |
| Day Low | 48.315 |
| Dividend Yield | 14.04 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 52.94804 |
| Fifty Day Average Change | -4.478039 |
| Fifty Day Average Change Percent | -0.084574215 |
| Fifty Two Week Change Percent | -0.10086894 |
| Fifty Two Week High | 64.57 |
| Fifty Two Week High Change | -16.099998 |
| Fifty Two Week High Change Percent | -0.24934177 |
| Fifty Two Week Low | 47.86 |
| Fifty Two Week Low Change | 0.6100006 |
| Fifty Two Week Low Change Percent | 0.01274552 |
| Fifty Two Week Range | 47.86 - 64.57 |
| First Trade Date Milliseconds | 1,749,130,200,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Neos Funds |
| Fund Inception Date | 1,748,995,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund seeks to track the price of gold by investing up to 25% of the fund’s assets in exchange-traded Gold ETPs (the “Gold ETPs”) primarily through a controlled foreign corporation and directly investing in Gold ETPs. The fund may invest up to 25% of its total assets in the Cayman Subsidiary, consistent with the limits of the U.S. federal tax law requirements applicable to registered investment companies. It is non-diversified. |
| Long Name | NEOS Gold High Income ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1937607339 |
| Nav Price | 49.4856 |
| Net Assets | 447,961,664.0 |
| Net Expense Ratio | 0.79 |
| Open | 49.12 |
| Phone | 9,144,435,008 |
| Post Market Change | 0.099998474 |
| Post Market Change Percent | 0.20631003 |
| Post Market Price | 48.57 |
| Post Market Time | 1,783,987,163 |
| Previous Close | 49.52 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.05 |
| Regular Market Change Percent | -2.12035 |
| Regular Market Day High | 49.12 |
| Regular Market Day Low | 48.315 |
| Regular Market Day Range | 48.315 - 49.12 |
| Regular Market Open | 49.12 |
| Regular Market Previous Close | 49.52 |
| Regular Market Price | 48.47 |
| Regular Market Time | 1,783,972,791 |
| Regular Market Volume | 262,177 |
| Short Name | NEOS Gold High Income ETF |
| Source Interval | 15 |
| Symbol | IAUI |
| Total Assets | 447,961,664 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -12.21255 |
| Trailing Three Month Returns | -12.21255 |
| Triggerable | 1 |
| Two Hundred Day Average | 56.08876 |
| Two Hundred Day Average Change | -7.618759 |
| Two Hundred Day Average Change Percent | -0.13583398 |
| Type Disp | ETF |
| Volume | 262,177 |
| Yield | 0.14039999 |
| Ytd Return | -7.82851 |