Which returned more over the last year, SPY or XDTE?

In the year to Sep 4, 2026, with distributions reinvested, SPY returned +20.0% and XDTE returned +18.7%, so SPY returned more. One year is one year; the longer windows are in the table.

Are SPY and XDTE the same kind of fund?

No. SPY is an index ETF and XDTE 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.

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SPY vs XDTE

Name: ETFIQ comparison of SPY and XDTE
Creator: ETFIQ
License: https://etfiq.com/standards/

SPDR S&P 500 ETF Trust and Roundhill S&P 500 0DTE Covered Call Strategy ETF.

What they hold in common

By the books each fund has filed, SPY and XDTE hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in SPY	Only in XDTE
NVIDIA Corp. 7.52%	Roundhill Weekly T-Bill ETF 100.00%
Apple, Inc. 6.59%
Microsoft Corp. 4.30%
Amazon.com, Inc. 3.62%
Alphabet, Inc. 3.25%
Broadcom, Inc. 2.77%
Alphabet, Inc. 2.59%
Micron Technology, Inc. 2.02%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Jun 30, 2026.

SPY and XDTE on the fields both publish, as of Sep 4, 2026. Source: ETFIQ.
	SPY SPDR S&P 500 ETF Trust	XDTE Roundhill S&P 500 0DTE Covered Call Strategy ETF
Where it sits	Core fund	Income desk
Issuer	State Street	Roundhill
What it is	S&P 500, book from IVV	0DTE covered call, vs SPY
Total return, 1 year	+20.0%	+18.7%
S&P 500 over the same days	+20.0%	+20.0%
Gap to the S&P 500	+0.0 pts	−1.2 pts
Cash paid, 1 year	not an income fund	27.3%
Expense ratio	not published	0.97%
Holdings	504	n/a

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%.

XDTE in plain words

Over the year to Sep 4, 2026, XDTE paid 27.3% of its starting value in cash distributions while its price fell 11.3%. With every distribution reinvested, the fund returned +18.7%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 4, 2026 the latest distribution annualises to 20.0%, paid weekly.

Questions people ask

Which returned more over the last year, SPY or XDTE?: In the year to Sep 4, 2026, with distributions reinvested, SPY returned +20.0% and XDTE returned +18.7%, so SPY returned more. One year is one year; the longer windows are in the table.
Are SPY and XDTE the same kind of fund?: No. SPY is an index ETF and XDTE 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.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

SPY against XDTE, ETFIQ, data as of Sep 4, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SPY against XDTE, data as of Sep 4, 2026. https://etfiq.com/compare/any/SPY-XDTE.html Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources