Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
SPYI vs VTI
NEOS S&P 500(R) High Income ETF and Vanguard Total Stock Market Index Fund.
What they hold in common
By the books each fund has filed, SPYI and VTI hold 86% of their money in the same securities at the same weight.
| Holding | SPYI | VTI |
|---|---|---|
| NVIDIA Corp | 7.57% | 6.37% |
| Apple Inc | 6.59% | 5.88% |
| Microsoft Corp | 4.32% | 3.84% |
| Amazon.com Inc | 3.65% | 3.19% |
| Alphabet Inc | 3.28% | 2.90% |
| Broadcom Inc | 2.80% | 2.48% |
| Alphabet Inc | 2.61% | 2.29% |
| Micron Technology Inc | 1.99% | 1.80% |
| Meta Platforms Inc | 1.92% | 1.71% |
| Tesla Inc | 1.85% | 1.64% |
| Eli Lilly & Co | 1.47% | 1.41% |
| Advanced Micro Devices Inc | 1.47% | 1.31% |
| Only in SPYI | Only in VTI |
|---|---|
| Linde PLC 0.37% | Linde PLC 0.33% |
| Seagate Technology Holdings PL 0.32% | Seagate Technology Holdings PLC 0.30% |
| Eaton Corp PLC 0.26% | Eaton Corp PLC 0.23% |
| Chubb Ltd 0.19% | Chubb Ltd 0.17% |
| Trane Technologies PLC 0.17% | Trane Technologies PLC 0.15% |
| Medtronic PLC 0.16% | Space Exploration Technologies Corp 0.14% |
| Johnson Controls International 0.14% | Medtronic PLC 0.14% |
| Royal Caribbean Cruises Ltd 0.12% | Johnson Controls International plc 0.12% |
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.
| SPYI NEOS S&P 500(R) High Income ETF | VTI Vanguard Total Stock Market Index Fund | |
|---|---|---|
| Where it sits | Income desk | Core fund |
| Issuer | NEOS | Vanguard |
| What it is | covered call, vs SPY | US total market |
| Total return, 1 year | +17.5% | +20.0% |
| S&P 500 over the same days | +20.0% | +20.0% |
| Gap to the S&P 500 | −2.5 pts | +0.0 pts |
| Cash paid, 1 year | 12.2% | not an income fund |
| Expense ratio | 0.68% | 0.03% |
| Holdings | n/a | 3531 |
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).
VTI in plain words
VTI is a index equity fund tracking US total market. 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. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 3531 positions, with the top ten at 32.1%.
Questions people ask
- Which returned more over the last year, SPYI or VTI?
- In the year to Sep 4, 2026, with distributions reinvested, SPYI returned +17.5% and VTI returned +20.0%, so VTI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPYI or VTI?
- SPYI charges 0.68% a year and VTI charges 0.03%, so VTI is cheaper. Fees come from each fund's prospectus.
- Are SPYI and VTI the same kind of fund?
- No. SPYI is an option-income ETF and VTI 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
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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.
Cite this page. ETFIQ, SPYI against VTI, data as of Sep 4, 2026. https://etfiq.com/compare/any/SPYI-VTI.html Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources