Data as of . Every figure is the income desk's own, on published data.
SPYI vs XYLD
What they hold in common
By the books each fund has filed, SPYI and XYLD hold 73% of their money in the same securities at the same weight.
| Holding | SPYI | XYLD |
|---|---|---|
| NVIDIA Corp | 7.57% | 7.85% |
| Microsoft Corp | 4.32% | 4.90% |
| Alphabet Inc | 3.28% | 3.63% |
| Broadcom Inc | 2.80% | 3.20% |
| Alphabet Inc | 2.61% | 2.89% |
| Meta Platforms Inc | 1.92% | 2.17% |
| Tesla Inc | 1.85% | 1.74% |
| JPMorgan Chase & Co | 1.37% | 1.37% |
| Eli Lilly & Co | 1.47% | 1.20% |
| Micron Technology Inc | 1.99% | 0.94% |
| Johnson & Johnson | 0.95% | 0.90% |
| Visa Inc | 0.90% | 0.90% |
| Only in SPYI | Only in XYLD |
|---|---|
| Apple Inc 6.59% | APPLE INC. 6.45% |
| Amazon.com Inc 3.65% | AMAZON.COM, INC. 4.19% |
| Advanced Micro Devices Inc 1.47% | BERKSHIRE HATHAWAY INC. 1.41% |
| Berkshire Hathaway Inc 1.43% | ADVANCED MICRO DEVICES, INC. 0.94% |
| Applied Materials Inc 0.89% | BANK OF AMERICA CORPORATION 0.57% |
| Bank of America Corp 0.59% | APPLIED MATERIALS, INC. 0.51% |
| RTX Corp 0.39% | RTX CORPORATION 0.38% |
| Linde PLC 0.37% | LINDE PUBLIC LIMITED COMPANY 0.38% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| SPYI | XYLD | SPYI | XYLD | SPYI | XYLD | |
| 3 months | +5.2% | +5.7% | 3.0% | 2.6% | +0.5 pts | +0.2 pts |
| 6 months | +11.8% | +9.5% | 6.2% | 5.5% | −3.3 pts | −5.5 pts |
| 1 year | +17.5% | +18.6% | 12.2% | 11.1% | −2.5 pts | −4.1 pts |
| 3 years | +56.8% | +43.7% | 37.3% | 33.0% | −21.2 pts | −33.1 pts |
| Since launch | +77.8% | +191.1% | 49.2% | 112.9% | −26.2 pts | −137.7 pts |
| SPYI NEOS S&P 500(R) High Income ETF | XYLD Global X S&P 500 Covered Call ETF | |
|---|---|---|
| Issuer | NEOS | Global X |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | All-country world (ACWI) |
| Pays | monthly | monthly |
| Payout rate, annualised | 12.1% | 9.0% |
| Expense ratio | 0.68% | 0.60% |
| Cash paid, 1 year | 12.2% | 11.1% |
| Price change, 1 year | +4.2% | +6.5% |
| Total return, 1 year | +17.5% | +18.6% |
| Benchmark return, 1 year | +20.0% | +22.7% |
| Ahead or behind | −2.5 pts | −4.1 pts |
| Return of capital, latest estimate | 93% | 93% |
| Age | 1466 days | 4820 days |
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).
XYLD in plain words
Over the year to Sep 4, 2026, XYLD paid 11.1% of its starting value in cash distributions while its price rose 6.5%. With every distribution reinvested, the fund returned +18.6%. All-country world (ACWI) returned +22.7% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 4, 2026 the latest distribution annualises to 9.0%, paid monthly. Global X estimates that 93% of the distribution paid Aug 27, 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, SPYI or XYLD?
- Over the year to Sep 4, 2026, SPYI paid 12.2% of its starting price in cash and XYLD paid 11.1%, 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, SPYI or XYLD?
- With every distribution reinvested, SPYI returned +17.5% and XYLD returned +18.6% over the year to Sep 4, 2026, so XYLD returned more.
- Which is cheaper, SPYI or XYLD?
- SPYI charges 0.68% a year and XYLD charges 0.60%, so XYLD is cheaper. Fees come from each fund's prospectus.
Other comparisons
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 XYLD, data as of Sep 4, 2026. https://etfiq.com/compare/income/SPYI-XYLD.html Free to use with attribution; the underlying files are at Open data.