Which returned more over the last year, SCHD or SPYI?

In the year to Sep 4, 2026, with distributions reinvested, SCHD returned +30.3% and SPYI returned +17.5%, so SCHD returned more. One year is one year; the longer windows are in the table.

Which is cheaper, SCHD or SPYI?

SCHD charges 0.06% a year and SPYI charges 0.68%, so SCHD is cheaper. Fees come from each fund's prospectus.

Are SCHD and SPYI the same kind of fund?

No. SCHD is an index ETF and SPYI is an option-income ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.

SCHD vs SPYI

Name: ETFIQ comparison of SCHD and SPYI
Creator: ETFIQ
License: https://etfiq.com/standards/

Schwab U.S. Dividend Equity ETF and NEOS S&P 500(R) High Income ETF.

SCHD and SPYI on the fields both publish, as of Sep 4, 2026. Source: ETFIQ.
	SCHD Schwab U.S. Dividend Equity ETF	SPYI NEOS S&P 500(R) High Income ETF
Where it sits	Core fund	Income desk
Issuer	Schwab	NEOS
What it is	US dividend	covered call, vs SPY
Total return, 1 year	+30.3%	+17.5%
S&P 500 over the same days	+20.0%	+20.0%
Gap to the S&P 500	+10.3 pts	−2.5 pts
Cash paid, 1 year	not an income fund	12.2%
Expense ratio	0.06%	0.68%
Holdings	99	n/a

SCHD in plain words

SCHD is a index equity fund tracking US dividend. Over the year to Sep 4, 2026 it returned +30.3% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year. By its holdings filed for May 31, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 43.7%.

SPYI in plain words

Over the year to Sep 4, 2026, SPYI paid 12.2% of its starting value in cash distributions while its price rose 4.2%. With every distribution reinvested, the fund returned +17.5%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 2.5 pts. At its price on Sep 4, 2026 the latest distribution annualises to 12.1%, paid monthly. NEOS estimates that 93% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).

Questions people ask

Which returned more over the last year, SCHD or SPYI?: In the year to Sep 4, 2026, with distributions reinvested, SCHD returned +30.3% and SPYI returned +17.5%, so SCHD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SCHD or SPYI?: SCHD charges 0.06% a year and SPYI charges 0.68%, so SCHD is cheaper. Fees come from each fund's prospectus.
Are SCHD and SPYI the same kind of fund?: No. SCHD is an index ETF and SPYI is an option-income 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, SCHD against SPYI, data as of Sep 4, 2026. https://etfiq.com/compare/any/SCHD-SPYI.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