Data as of .
DYLG vs SPYI: which paid, and which earned it?
Over the year SPYI paid 13.1% of its price in cash against DYLG’s 9.5%, and returned more with it reinvested.
ETFIQ Return Stability Score: DYLG scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, DYLG and SPYI hold 29% of their money in the same securities at the same weight.
| Holding | DYLG | SPYI |
|---|---|---|
| MICROSOFT CORP | 5.70% | 4.32% |
| APPLE INC | 3.88% | 6.59% |
| ALPHABET INC-CL A | 4.04% | 3.28% |
| AMAZON.COM INC | 2.93% | 3.65% |
| NVIDIA CORP | 2.57% | 7.57% |
| JPMORGAN CHASE & CO | 4.04% | 1.37% |
| JOHNSON & JOHNSON | 3.12% | 0.95% |
| VISA INC-CLASS A SHARES | 4.25% | 0.90% |
| WALMART INC | 1.23% | 0.77% |
| CATERPILLAR INC | 9.35% | 0.77% |
| CISCO SYSTEMS INC | 1.26% | 0.72% |
| UNITEDHEALTH GROUP INC | 4.35% | 0.58% |
| Only in DYLG | Only in SPYI |
|---|---|
| CASH 0.27% | Broadcom Inc 2.80% |
| OTHER PAYABLE & RECEIVABLES -0.15% | Alphabet Inc 2.61% |
| DJX US 10/16/26 C520 -0.56% | Micron Technology Inc 1.99% |
| Meta Platforms Inc 1.92% | |
| Tesla Inc 1.85% | |
| Eli Lilly & Co 1.47% | |
| Advanced Micro Devices Inc 1.47% | |
| Berkshire Hathaway Inc 1.43% |
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 dated Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| DYLG | SPYI | DYLG | SPYI | DYLG | SPYI | |
| 3 months | +1.9% | +3.1% | 0.8% | 3.0% | +1.5 pts | +0.9 pts |
| 6 months | +13.0% | +14.4% | 2.1% | 6.5% | −0.9 pts | −3.6 pts |
| 1 year | +13.8% | +15.3% | 9.5% | 13.1% | +0.3 pts | −1.2 pts |
| 3 years | +47.0% | +57.2% | 30.8% | 38.6% | −9.8 pts | −21.2 pts |
| Since launch | +44.7% | +77.1% | 30.7% | 50.3% | −8.3 pts | −25.3 pts |
| DYLG Global X Dow 30 Covered Call & Growth ETF Covered call on DIA, paying monthly | SPYI NEOS S&P 500(R) High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Global X | NEOS |
| Strategy | covered call | option income |
| Benchmark | Dow Jones Industrial Average (DIA) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 3.1% | 12.1% |
| Expense ratio | 0.35% | 0.68% |
| Cash paid, 1 year | 9.5% | 13.1% |
| Price change, 1 year | +3.5% | +1.2% |
| Total return, 1 year | +13.8% | +15.3% |
| Benchmark return, 1 year | +13.5% | +16.6% |
| Ahead or behind | +0.3 pts | −1.2 pts |
| Return of capital, latest estimate | 59% | 93% |
| Age | 1150 days | 1480 days |
| Net assets | $6m | $12.2bn |
DYLG in plain words
Over the year to Sep 18, 2026, DYLG paid 9.5% of its starting value in cash distributions while its price rose 3.5%. With every distribution reinvested, the fund returned +13.8%. Dow Jones Industrial Average (DIA) returned +13.5% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 3.1%, paid monthly. Global X estimates that 59% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
SPYI in plain words
Over the year to Sep 18, 2026, SPYI paid 13.1% of its starting value in cash distributions while its price rose 1.2%. With every distribution reinvested, the fund returned +15.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes 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 characterization rather than a measure of erosion).
Questions people ask
- Which paid more, DYLG or SPYI?
- Over the year to Sep 18, 2026, DYLG paid 9.5% of its starting price in cash and SPYI paid 13.1%, 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, DYLG or SPYI?
- With every distribution reinvested, DYLG returned +13.8% and SPYI returned +15.3% over the year to Sep 18, 2026, so SPYI returned more.
- Which is cheaper, DYLG or SPYI?
- DYLG charges 0.35% a year and SPYI charges 0.68%, so DYLG 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, DYLG against SPYI, data as of Sep 18, 2026. https://etfiq.com/compare/income/dylg-vs-spyi Free to use with attribution; the underlying files are at Open data.