The NEOS Gold High Income ETF (IAUI) (IAUI) is an exchange-traded fund designed to deliver two times leveraged (+2x) the daily performance of a thematic index tied to artificial intelligence and big data sectors. The ETF is managed by Neos and trades under the ticker IAUI on NYSE Arca.

Classified as a leveraged thematic ETF, IAUI seeks to reflect, before fees and expenses, +200% of the daily return of its benchmark index.

The fund uses financial derivatives, including swaps, futures contracts, and other synthetic instruments, rather than directly holding all underlying benchmark securities.

The strategy resets leverage exposure on a daily basis. As a result, cumulative returns over periods longer than one day may differ significantly from the +2x target due to compounding effects and market volatility.

The fund’s methodology is associated with short-term tactical strategies and directional exposure to the artificial intelligence and data-analysis segment.

Composition / Exposure profile

IAUI provides leveraged exposure to the artificial intelligence and big data segment through derivatives linked to its benchmark index.

The ETF’s economic exposure is associated with companies tied to:

• Generative artificial intelligence
• Machine learning
• Cloud computing
• Data infrastructure
• Semiconductors
• Automation and predictive analytics

The ETF’s behavior is sensitive to technology-market volatility, macroeconomic cycles, and expectations surrounding AI-sector growth.

Structure and costs

IAUI shares trade on the secondary market on NYSE Arca during regular trading hours. Creation and redemption occur through authorized participants, helping maintain alignment between market price and net asset value.

The fund uses derivatives and daily operational adjustments to maintain leveraged exposure. IAUI charges a management fee as outlined in its prospectus and does not apply a performance fee.

History and evolution of the ETF

The NEOS Gold High Income ETF (IAUI) was launched during a period of growth in artificial intelligence applications, cloud computing, and large-scale data analytics.

Since inception, the fund has reflected movements related to the global technology sector, expansion in AI infrastructure, and fluctuations associated with innovation and semiconductor markets.

In recent years, IAUI has reflected developments in generative artificial intelligence, changes in global macroeconomic conditions, Federal Reserve monetary policy cycles, and periods of elevated volatility within the technology sector.

Additional Information

NEOS Gold High Income ETF (United States) is an exchange-traded fund (ETF), with assets under management totaling $494.75 million.

Over the past 12 months, NEOS Gold High Income ETF recorded a return of 10.91%, with its price trading between $48.05 and $64.55 during the same period.

The ETF is traded under the ticker IAUI.