Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
ISPY vs SPY
ProShares S&P 500 High Income ETF and SPDR S&P 500 ETF Trust.
| ISPY ProShares S&P 500 High Income ETF | SPY SPDR S&P 500 ETF Trust | |
|---|---|---|
| Where it sits | Income desk | Core fund |
| Issuer | ProShares | State Street |
| What it is | covered call, vs SPY | S&P 500, book from IVV |
| Total return, 1 year | +16.9% | +20.0% |
| S&P 500 over the same days | +20.0% | +20.0% |
| Gap to the S&P 500 | −3.1 pts | +0.0 pts |
| Cash paid, 1 year | 5.7% | not an income fund |
| Expense ratio | not published | not published |
| Holdings | n/a | 504 |
ISPY in plain words
Over the year to Sep 4, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +16.9%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 4, 2026 the latest distribution annualises to 5.8%, paid monthly.
SPY in plain words
SPY is a index equity fund tracking S&P 500, book from IVV. Over the year to Sep 4, 2026 it returned +20.0% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.
Questions people ask
- Which returned more over the last year, ISPY or SPY?
- In the year to Sep 4, 2026, with distributions reinvested, ISPY returned +16.9% and SPY returned +20.0%, so SPY returned more. One year is one year; the longer windows are in the table.
- Are ISPY and SPY the same kind of fund?
- No. ISPY is an option-income ETF and SPY is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
Other comparisons
Where to next
Cite this page. ETFIQ, ISPY against SPY, data as of Sep 4, 2026. https://etfiq.com/compare/any/ISPY-SPY.html Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. ETFIQ publishes the same fields for every fund and suggests no allocation. Standards and sources