Which is cheaper, FDND or XSPI?

FDND charges 0.75% a year and XSPI charges 0.98%, so FDND is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FDND vs XSPI: Dividend Yield & Total Return

FDND and XSPI both write options for income.

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Net assets: $9.3m on Nov 3, 2026 for FT Vest Dow Jones Internet & Target Income ETF, and $140m on Oct 28, 2026 for NEOS Boosted S&P 500 High Income ETF.

FDND on its own →XSPI on its own →

At a glance

7.3%

FDND cash paid, 1 year

13.9%

XSPI cash paid, since launch, Feb 3, 2026

−2.6%

FDND total return, 1 year

+12.4%

XSPI total return, since launch, Feb 3, 2026

FDND · 1 year to Nov 4, 2026 1 pt behind FDN

FDND

−2.6%

FDN

−1.6%

1 pt behind FDN

FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

FDN

−1.6%

FDND

−2.6%

1 pt behind FDN

Total return, distributions reinvested

1 pt behind FDN

FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

FDN

−1.6%

FDND

−2.6%

1 pt behind FDN

7.3% of it arrived as cash. Total return, distributions reinvested. FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

XSPI · since launch to Nov 4, 2026 About even with SPY

XSPI

+12.4%

SPY

+12.1%

About even with SPY

XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.

SPY

+12.1%

XSPI

+12.4%

13.9% of it arrived as cash

about even with SPY

Total return, distributions reinvested

About even with SPY

XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.

SPY

+12.1%

XSPI

+12.4%

13.9% as cash

about even with SPY

13.9% of it arrived as cash. Both charts share one scale, with zero at the line. XSPI since launch: paid 13.9%, price −2.3%, total +12.4%, SPY +12.1%, +0.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FDND costs 0.23 points a year less; XSPI is 14.3 times larger.

Points (pts) are percentage points.

FDND vs XSPI: Dividend Yield & Total Return
Measure	FDND	XSPI
Paid and earned
Measure	FDND	XSPI
Total return, 1 year	−2.6%	not published
Price change	fell 10.1% (1 year)	fell 2.3% (since Feb 3, 2026)
Return of capital, issuer estimate	100% of the Oct 30, 2026 payment	98% of the Oct 9, 2026 payment
Against its benchmark
Measure	FDND	XSPI
Benchmark	First Trust Dow Jones Internet Index Fund, measured through FDN	S&P 500, measured through SPY
Against its benchmark, same days	behind by 1.0 pts
Cost and size
Measure	FDND	XSPI
Expense ratio	0.75%	0.98%
Net assets, as of Oct 28, 2026	$9.8m	$140m
Holdings
Measure	FDND	XSPI
Holdings in common	14%

Method

What they share

14%

By the books each fund has filed, FDND and XSPI hold 14% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

14% in common

Positions both hold · largest shared weight first FDND XSPI

Amazon.com, Inc. 10.68% 3.98%

Alphabet Inc. (Class A) 5.05% 2.66%

Meta Platforms, Inc. (Class A) 10.21% 2.14%

Alphabet Inc. (Class C) 4.06% 2.12%

Cisco Systems, Inc. 8.81% 0.66%

Netflix, Inc. 5.64% 0.43%

Oracle Corporation 3.78% 0.33%

Salesforce, Inc. 4.40% 0.29%

Arista Networks, Inc. 4.26% 0.27%

Booking Holdings Inc. 4.29% 0.20%

Airbnb, Inc. (Class A) 2.57% 0.11%

Datadog, Inc. (Class A) 2.72% 0.10%

Only in one fund ↓

Only in FDND

Snowflake Inc. (Class A) 3.75%

Cloudflare, Inc. (Class A) 3.23%

Okta, Inc. 1.16%

Atlassian Corporation (Class A) 1.12%

Roblox Corporation (Class A) 1.12%

Zoom Communications, Inc. (Class A) 0.89%

CoreWeave, Inc. (Class A) 0.76%

Nutanix, Inc. (Class A) 0.64%

Only in XSPI

NVIDIA Corp 8.10%

Apple Inc 7.92%

Microsoft Corp 6.26%

Broadcom Inc 2.52%

Eli Lilly & Co 1.79%

Tesla Inc 1.78%

Berkshire Hathaway Inc 1.65%

Micron Technology Inc 1.49%

Check overlap with more funds →

Side by side

FDND FT Vest Dow Jones Internet & Target Income ETF · Writes calls on the Nasdaq-100, measured against the Dow Jones Internet Composite Index, paying monthly XSPI NEOS Boosted S&P 500 High Income ETF · Option income on SPY, paying monthly

Issuer First Trust NEOS

Strategy option income option income

Benchmark First Trust Dow Jones Internet Index Fund (FDN) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 8.2% 16.6%

Expense ratio 0.75% 0.98%

Cash paid, 1 year 7.3% 13.9% (since launch, Feb 3, 2026)

Price change, 1 year −10.1% −2.3% (since launch, Feb 3, 2026)

Total return, 1 year −2.6% +12.4% (since launch, Feb 3, 2026)

Benchmark return, 1 year −1.6% +12.1% (since launch, Feb 3, 2026)

Ahead or behind −1.0 pts +0.3 pts (since launch, Feb 3, 2026)

Return of capital, latest estimate 100% 98%

Age 2.6 years 274 days

Net assets, FDND as of Nov 3, 2026 and XSPI as of Oct 28, 2026 $9.3m $140m

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

Window by window: FDND vs XSPI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FDND	XSPI	FDND	XSPI	FDND	XSPI
3 months	−4.7%	+1.1%	2.0%	4.2%	+0.5 pts	+1.2 pts
6 months	+2.2%	+7.0%	4.0%	8.5%	0.0 pts	+2.0 pts
1 year	−2.6%	–	7.3%	–	−1.0 pts	–
Since launchNot the same days: FDND Mar 2024 · XSPI Feb 2026	+27.3%	+12.4%	21.9%	13.9%	−4.9 pts	+0.3 pts

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Alert

About each fund

FDND

Over the year to Nov 4, 2026, FDND paid 7.3% of its starting value in cash distributions while its price fell 10.1%. With every distribution reinvested, the fund returned −2.6%. First Trust Dow Jones Internet Index Fund (FDN) returned −1.6% over the same days, so a holder was behind by 1.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.2%, paid monthly. First Trust estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

XSPI

Over the period from its first trade on Feb 3, 2026 to Nov 4, 2026, XSPI paid 13.9% of its starting value in cash distributions while its price fell 2.3%. With every distribution reinvested, the fund returned +12.4%. S&P 500 (SPY) returned +12.1% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 16.6%, paid monthly. NEOS estimates that 98% of the distribution paid Oct 9, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, FDND or XSPI?: FDND charges 0.75% a year and XSPI charges 0.98%, so FDND is cheaper. Fees come from each fund's prospectus.

Other comparisons

FDND vs SEPI FDND vs XRMI FDND vs XDTE FDND vs APRJ XSPI vs ULTY XSPI vs SIXH XSPI vs YYY XSPI vs SDVD

Where to next

First Trust Dow Jones Internet Index Fund (FDN) →S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →FDND on its own →XSPI on its own →FDND dividend history →FDND holdings →XSPI dividend history →XSPI holdings →Method →Standards and sources →

Sources and dates

FDND filings on SEC EDGAR ↗

FDND prospectus with the expense ratio (SEC) ↗

FDND 19a-1 distribution notice ↗

First Trust page for FDND ↗

XSPI filings on SEC EDGAR ↗

XSPI prospectus with the expense ratio (SEC) ↗

XSPI 19a-1 distribution notice ↗

NEOS page for XSPI ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FDND against XSPI, data as of Nov 4, 2026. https://etfiq.com/compare/income/fdnd-vs-xspi

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.