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Upturn AI Summary
SHP ETF Trust - NEOS Enhanced Income Aggregate Bond ETF(BNDI)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BNDI
10/08/2026: BNDI (1-star) is currently NOT-A-BUY. Pass it for now.
BNDI provides diversified US investment-grade bond exposure combined with an active options overlay to enhance monthly income. Its main strengths include professional active management and a focus on consistent cash flow, making it a compelling option for income-seeking portfolios. However, investors should be aware of its higher expense ratio and the risks associated with its derivative strategy during market stress. It is best suited for income-oriented investors looking to balance yield and credit quality, and they should monitor the distribution consistency and underlying option premiums.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The fund is designed for income, not aggressive capital appreciation. |
| Momentum investor | Mixed fit | Momentum is less relevant here; fit is conditional on the fund's ability to maintain high distributions while bond prices remain stable. |
| Value investor | Mixed fit | Value-oriented investors may appreciate the income component but should monitor the underlying credit valuations. |
| Dividend/Income investor | Strong fit | This is the core target audience, as the strategy is specifically built to maximize monthly income. |
| Low-risk investor | Mixed fit | While it holds investment-grade bonds, the options overlay introduces specific derivative-related risks. |
Investor Profile
Ideal Investor Profile
Income-focused investors who want a core fixed-income exposure enhanced with tactical yield generation.
Suitability
Best for long-term income-oriented investors rather than active traders or those seeking pure capital appreciation.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium | The options overlay can increase portfolio sensitivity to short-term market fluctuations. |
| Market risk | Medium | General bond market interest rate sensitivity and equity market volatility affect the underlying assets and options respectively. |
| Concentration | Low | The fund holds a broad base of investment-grade bonds, reducing single-issuer risk. |
| Tracking/expense | Medium | The active management and options strategies result in higher fees compared to passive bond ETFs. |
| Liquidity | Low | The fund is generally liquid but may experience wider spreads during market stress. |
| Business/sector quality | Low | The bond component focuses on investment-grade credits, limiting default risks. |
Risk Analysis
Volatility
BNDI exhibits moderate volatility consistent with an investment-grade bond portfolio, occasionally amplified by options overlay activity.
Market Risk
The fund is subject to interest rate risk, credit risk, and the impact of equity market volatility on its derivative positions.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Fixed-income type | US Investment-Grade Aggregate Bonds | 90 | Provides core exposure to the broader US bond market for interest income and credit quality. |
| Derivatives | S&P 500 Index Put Options | 8 | The options overlay generates additional cash flow through premium collection, enhancing the overall fund yield. |
| Cash/collateral | Cash and Cash Equivalents | 2 | Provides liquidity for tactical adjustments and collateral requirements for the derivatives strategy. |
Price Behavior
Flat / Range-Bound
The stock price has been trading within a narrow range with minimal directional movement.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 6.97% | Avg. Invested days 67 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/08/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 8, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $189.80M |
| Issuer | Neos Funds |
| Expense Ratio | 0.58% |
| Distribution Yield | 6.05% |
| Inception | Aug 29, 2022 |
Performance
| Period | Total Return |
|---|---|
| YTD | -1.30% |
| 1 Year | +0.18% |
| 3 Year | +5.51% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 4.05% |
| 3Y Volatility | 5.55% |
| 3Y Sharpe Ratio | 0.12 |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Large Cap | 0.02% |
| Mega Cap | 0.02% |
| Mid Cap | 0.01% |
| Small Cap | 0.00% |
Top Sectors
| Sector | Weight |
|---|---|
| Technology | 40.45% |
| Financial Services | 11.19% |
| Communication Services | 9.94% |
| Healthcare | 9.25% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 19.66x |
| Portfolio P/B | 4.54x |
| Portfolio P/S | 3.27x |
| Holdings Turnover | 0.0% |
Top Holdings
| Holding | Weight |
|---|---|
| Vanguard Bond Index Funds - Vanguard Total Bond Market ETF | 49.42% |
| iShares Trust - iShares Core U.S. Aggregate Bond ETF | 49.40% |
| First American Funds. - Treasury Obligations Fund | 0.34% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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