IYRI ETF — NEOS Real Estate High Income ETF

NEOS Real Estate High Income ETF (IYRI)

Updated October 2, 2026.

IYRI is an ETF that tracks the Dow Jones U.S. Real Estate Capped Index. its distribution rate is 11.43%, its trailing-12-month yield is 11.92%, its expense ratio is 0.68%. Dividend Vision Distribution Safety Score™ is 79/100 (Generally safe). Total return is 8.5% over the past 1.7 years, 23.9 points behind SPY at 32.4%.

At the current 11.43% distribution rate, a $10,000 investment would generate approximately $1,143 per year, or $95.25 per month.

IYRI performance versus SPY

Price and return data through 2026-10-02.

Total return is 8.5% over the past 1.7 years, 23.9 points behind SPY at 32.4%. Over the past year its total return — price change plus distributions reinvested — is -0.3%. Its deepest 1-year drawdown was 9.2%.

IYRI key facts

Distribution Safety Score™

79 · Generally safe

Safety-Adjusted Yield

9.03%

Issuer

NEOS

Asset type

ETF

Asset class

Equity

Inception date

01/14/2025

Expense ratio

0.68%

Distribution rate

11.43%

Distribution frequency

Monthly

Trailing yield

11.92%

Last close

$45.03 (as of 2026-10-02)

AUM

$301,521,847

Average volume

53400.0

Last dividend

$0.4289

Last ex-dividend date

09/16/2026

Last payment date

09/18/2026

Beta

0.32

P/E ratio

25.7265

How Dividend Vision calculates yield and returns

Distribution rate (11.43%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (11.92%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: NEOS or company page; Fact sheet; Prospectus; Index: Dow Jones U.S. Real Estate Capped Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IYRI risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 9.2%.

Who may consider IYRI — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare IYRI

IYRI vs similar funds:

• IYRI vs VNQ
• IYRI vs O

Frequently asked questions

More securities from NEOS.