NIHI
NEOS MSCI EAFE High Income ETF
📎 Investment Objective
The NEOS MSCI EAFE High Income ETF (NIHI) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the MSCI EAFE High Dividend Yield Index.
Overview
ETF tracking NEOS MSCI EAFE High Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The NEOS MSCI EAFE High Income ETF (NIHI) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the MSCI EAFE High Dividend Yield Index.
🎯 Investment Strategy
The ETF invests in a portfolio of equity securities that are included in the MSCI EAFE High Dividend Yield Index, which is designed to reflect the performance of large- and mid-cap stocks across developed market countries outside of the U.S. and Canada that have higher than average dividend yields.
✨ Key Features
- Provides exposure to high-dividend paying stocks in developed international markets
- Tracks the MSCI EAFE High Dividend Yield Index, a market-cap weighted index
- Aims to generate income through dividends while providing international diversification
- Low expense ratio of 0.00%
⚠️ Primary Risks
- International investing risks, including currency fluctuations, political and economic uncertainty, and differences in accounting standards
- Concentration in high-dividend paying stocks, which may underperform the broader market during certain periods
- Potential for lower long-term capital appreciation compared to broader international equity funds
- Lack of performance history, as the fund is new and does not have a track record
👤 Best For
The NEOS MSCI EAFE High Income ETF may be suitable for investors seeking international equity exposure with a focus on high-dividend paying stocks and a desire for current income. It may be appropriate as a component of a diversified portfolio, particularly for investors with a moderate risk tolerance and a long-term investment horizon.
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