BNDI: The Aggregate Index With A Flavor Of Equities
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Binary Tree Analytics5.48K FollowersFollow5ShareSavePlay(8min)CommentsSummaryNeos Enhanced Income Aggregate Bond ETF layers S&P 500 put spreads over core bond ETFs, outperforming the Bloomberg Aggregate Index since January 2023.BNDI delivered approximately 250 bps excess return over AGG, with higher volatility driven by equity-linked put spreads.Volatility is modestly higher than AGG, but BNDI recovered well from the April 2025 equity drawdown, demonstrating structural resilience.We expect BNDI to perform robustly into 2026, supported by anticipated Fed rate cuts and effective risk management. Torsten Asmus/iStock via Getty Images Thesis Neos Investment Management is quite famous in the asset management industry for their propensity to introduce S&P 500 put spreads in all asset classes.
Neos Enhanced Income Aggregate Bond ETF (BNDI) isThis article was written byBinary Tree Analytics5.48K FollowersFollowWith an investment banking cash and derivatives trading background, Binary Tree Analytics ('BTA') aims to provide transparency and analytics in respect to capital markets instruments and trades. BTA focuses on CEFs, ETFs and Special Situations, and aims to deliver high annualized returns with a low volatility profile. We have been investing for over 20 years after obtaining a Finance major at a top university.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Recommended For You