Data as of Nov 4, 2026.
CDPI vs SPYI: Dividend Yield & Total Return
CDPI and SPYI both write options for income.
askIQ about this page
askIQ about CDPI and SPYI
Net assets: $12.7bn on Oct 28, 2026 for NEOS S&P 500 High Income ETF, beside Columbia High Dividend Premium Income ETF.
Not measured
CDPI since launch: paid 1.5%, price +0.1%, total +1.6%, not measured against a benchmark. Data to Nov 4, 2026.
CDPI
+1.6%
Total return, distributions reinvested
Not measured
CDPI since launch: paid 1.5%, price +0.1%, total +1.6%, not measured against a benchmark. Data to Nov 4, 2026.
CDPI
+1.6%
1.5% of it arrived as cash. Total return, distributions reinvested. CDPI since launch: paid 1.5%, price +0.1%, total +1.6%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.0.8 pts behind SPY
SPYI over 1 year: paid 12.1%, price +1.1%, total +14.0%, SPY +14.8%, −0.8 pts. Data to Nov 4, 2026.
SPY
+14.8%
SPYI
+14.0%
12.1% of it arrived as cash
0.8 pts behind SPY
Total return, distributions reinvested
0.8 pts behind SPY
SPYI over 1 year: paid 12.1%, price +1.1%, total +14.0%, SPY +14.8%, −0.8 pts. Data to Nov 4, 2026.
SPY
+14.8%
SPYI
+14.0%
12.1% as cash
0.8 pts behind SPY
12.1% of it arrived as cash. Both charts share one scale, 0 to +14.8%. SPYI over 1 year: paid 12.1%, price +1.1%, total +14.0%, SPY +14.8%, −0.8 pts. Data to Nov 4, 2026.
Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.Pair scorecard
CDPI costs 0.23 points a year less.
Points (pts) are percentage points.
| Measure | CDPI | SPYI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +14.0% |
| Price change | rose 0.1% (since Jul 14, 2026) | rose 1.1% (1 year) |
| Return of capital, issuer estimate | 76% of the Oct 5, 2026 payment | 99% of the Oct 23, 2026 payment |
| Against its benchmark | ||
| Benchmark | not published | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 0.45% | 0.68% |
| Net assets | not read by ETFIQ | $12.7bn |
| Holdings | ||
| Holdings in common | not published | |
Risk and return
Jul 24, 2026 to Oct 30, 2026 · 14 weekly returnsFrom Jul 2026 to Oct 2026, SPYI returned more: +3.3% to +0.5%. SPYI fell less at its worst: −2.2% to −3.2%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | CDPI | SPYI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +0.5% | +3.3% | SPYI | Price change plus distributions, reinvested. |
| Price return | −0.4% | +0.2% | SPYI | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −3.2% | −2.2% | SPYI | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 14 weekly returns. Cash rate: the 13-week Treasury bill.
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | CDPI | SPYI | CDPI | SPYI | CDPI | SPYI |
| 3 months | +0.4% | +1.1% | 1.5% | 2.9% | not measured | +1.3 pts |
| 6 months | – | +5.8% | – | 6.0% | – | +0.7 pts |
| 1 year | – | +14.0% | – | 12.1% | – | −0.8 pts |
| 3 years | – | +62.0% | – | 39.3% | – | −20.9 pts |
| Since launchNot the same days: CDPI Jul 2026 · SPYI Aug 2022 | +1.6% | +78.5% | 1.5% | 51.3% | not measured | −25.2 pts |
– means no data for this window. Open this comparison in the app →
No client brief for this pair: ETFIQ prints no one-year total return for CDPI and no net assets for CDPI.
CDPI
Over the period from its first trade on Jul 14, 2026 to Nov 4, 2026, CDPI paid 1.5% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +1.6%. At its price on Nov 4, 2026 the latest distribution annualizes to 8.0%, paid monthly. Columbia estimates that 76% of the distribution paid Oct 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
SPYI
Over the year to Nov 4, 2026, SPYI paid 12.1% of its starting value in cash distributions while its price rose 1.1%. With every distribution reinvested, the fund returned +14.0%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 0.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 11.5%, paid monthly. NEOS estimates that 99% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, CDPI against SPYI, data as of Nov 4, 2026. https://etfiq.com/compare/income/cdpi-vs-spyi
ETFIQ. (Nov 4, 2026). CDPI against SPYI. Retrieved from https://etfiq.com/compare/income/cdpi-vs-spyi
[CDPI against SPYI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/cdpi-vs-spyi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.