Data as of . Every figure is the income desk's own, on published data.
BALI vs SPYI
iShares Advantage Large Cap Income ETF and NEOS S&P 500(R) High Income ETF, side by side on the income desk.
Open the live comparison on ETFIQ| BALI iShares Advantage Large Cap Income ETF | SPYI NEOS S&P 500(R) High Income ETF | |
|---|---|---|
| Issuer | iShares | NEOS |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualised | 7.4% | 12.1% |
| Expense ratio | not published | 0.68% |
| Cash paid, 1 year | 8.6% | 12.2% |
| Price change, 1 year | +11.4% | +4.2% |
| Total return, 1 year | +20.9% | +17.5% |
| Benchmark return, 1 year | +20.0% | +20.0% |
| Ahead or behind | +1.0 pts | −2.5 pts |
| Return of capital, latest estimate | not published | 93% |
| Age | 1072 days | 1466 days |
BALI in plain words
Over the year to Sep 4, 2026, BALI paid 8.6% of its starting value in cash distributions while its price rose 11.4%. With every distribution reinvested, the fund returned +20.9%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was ahead by 1.0 pts. At its price on Sep 4, 2026 the latest distribution annualises to 7.4%, paid monthly.
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 paid more, BALI or SPYI?
- Over the year to Sep 4, 2026, BALI paid 8.6% of its starting price in cash and SPYI paid 12.2%, so SPYI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, BALI or SPYI?
- With every distribution reinvested, BALI returned +20.9% and SPYI returned +17.5% over the year to Sep 4, 2026, so BALI returned more.
Other comparisons
Cite this page. ETFIQ, BALI against SPYI, data as of Sep 4, 2026. https://etfiq.com/compare/income/BALI-SPYI.html Free to use with attribution; the underlying files are at Open data.
ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, and it makes no recommendations; every figure here is stated arithmetic on published data. Standards and sources