Data as of .
FDND vs ISPY: which paid, and which earned it?
Over the year FDND paid 7.1% of its price in cash against ISPY’s 5.6%, though ISPY returned more with it reinvested.
ETFIQ Return Stability Score: ISPY 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, FDND and ISPY hold 14% of their money in the same securities at the same weight.
| Holding | FDND | ISPY |
|---|---|---|
| Amazon.com, Inc. | 9.98% | 3.64% |
| Alphabet Inc. (Class A) | 5.82% | 3.05% |
| Alphabet Inc. (Class C) | 4.65% | 2.42% |
| Meta Platforms, Inc. (Class A) | 10.12% | 1.91% |
| Cisco Systems, Inc. | 8.66% | 0.66% |
| Oracle Corporation | 4.08% | 0.53% |
| Netflix, Inc. | 5.90% | 0.50% |
| Salesforce, Inc. | 4.36% | 0.25% |
| Arista Networks, Inc. | 4.62% | 0.23% |
| Booking Holdings Inc. | 4.28% | 0.19% |
| Ciena Corporation | 1.69% | 0.11% |
| Datadog, Inc. (Class A) | 2.62% | 0.11% |
| Only in FDND | Only in ISPY |
|---|---|
| Snowflake Inc. (Class A) 3.90% | ProShares GENIUS Money Market ETF 10.56% |
| Cloudflare, Inc. (Class A) 3.53% | NVIDIA Corp. 7.07% |
| Roblox Corporation (Class A) 1.08% | Apple, Inc. 6.31% |
| CoreWeave, Inc. (Class A) 1.06% | Microsoft Corp. 4.60% |
| Atlassian Corporation (Class A) 1.04% | Broadcom, Inc. 2.92% |
| Okta, Inc. 1.03% | Tesla, Inc. 1.69% |
| US Dollar 0.85% | Micron Technology, Inc. 1.50% |
| Zoom Communications, Inc. (Class A) 0.80% | Eli Lilly & Co. 1.21% |
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 May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FDND | ISPY | FDND | ISPY | FDND | ISPY | |
| 3 months | +8.9% | +1.4% | 2.0% | 1.5% | +8.5 pts | −0.8 pts |
| 6 months | +18.8% | +14.7% | 4.3% | 3.6% | +4.8 pts | −3.3 pts |
| 1 year | −0.6% | +13.5% | 7.1% | 5.6% | −14.1 pts | −3.1 pts |
| Since launch | +34.3% | +53.4% | 20.4% | 25.8% | −0.5 pts | −14.5 pts |
| FDND FT Vest Dow Jones Internet & Target Income ETF Option income on DIA, paying monthly | ISPY ProShares S&P 500 High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | ProShares |
| Strategy | option income | option income |
| Benchmark | Dow Jones Industrial Average (DIA) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.8% | 5.8% |
| Expense ratio | 0.75% | 0.56% |
| Cash paid, 1 year | 7.1% | 5.6% |
| Price change, 1 year | −8.2% | +7.6% |
| Total return, 1 year | −0.6% | +13.5% |
| Benchmark return, 1 year | +13.5% | +16.6% |
| Ahead or behind | −14.1 pts | −3.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 911 days | 1003 days |
| Net assets | $10m | $1.2bn |
FDND in plain words
Over the year to Sep 18, 2026, FDND paid 7.1% of its starting value in cash distributions while its price fell 8.2%. With every distribution reinvested, the fund returned −0.6%. Dow Jones Industrial Average (DIA) returned +13.5% over the same days, so a holder was behind by 14.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.8%, paid monthly.
ISPY in plain words
Over the year to Sep 18, 2026, ISPY paid 5.6% of its starting value in cash distributions while its price rose 7.6%. With every distribution reinvested, the fund returned +13.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.8%, paid monthly.
Questions people ask
- Which paid more, FDND or ISPY?
- Over the year to Sep 18, 2026, FDND paid 7.1% of its starting price in cash and ISPY paid 5.6%, so FDND paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, FDND or ISPY?
- With every distribution reinvested, FDND returned −0.6% and ISPY returned +13.5% over the year to Sep 18, 2026, so ISPY returned more.
- Which is cheaper, FDND or ISPY?
- FDND charges 0.75% a year and ISPY charges 0.56%, so ISPY 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, FDND against ISPY, data as of Sep 18, 2026. https://etfiq.com/compare/income/fdnd-vs-ispy Free to use with attribution; the underlying files are at Open data.