Data as of .
FGSI vs TPAY: which paid, and which earned it?
FGSI and TPAY both write options for income.
What they hold in common
By the books each fund has filed, FGSI and TPAY hold 0% of their money in the same securities at the same weight.
| Only in FGSI | Only in TPAY |
|---|---|
| Newmont Corporation 2.70% | SPY 03/12/2027 33.67 C 61.75% |
| Palantir Technologies Inc. (Class A) 2.63% | SPY 04/16/2027 33.18 C 33.20% |
| Marvell Technology, Inc. 2.53% | SPYM 03/12/2027 3.33 C 5.05% |
| Microsoft Corporation 2.45% | |
| Arista Networks, Inc. 2.32% | |
| DexCom, Inc. 2.28% | |
| Intuitive Surgical, Inc. 2.22% | |
| Target Corporation 2.22% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FGSI | TPAY | FGSI | TPAY | FGSI | TPAY | |
| 3 months | +2.4% | +1.5% | 2.1% | 2.4% | +0.2 pts | −0.8 pts |
| 6 months | +10.0% | +17.3% | 4.4% | 5.3% | −8.0 pts | −0.7 pts |
| 1 year | +5.3% | not published | 8.1% | not published | −11.3 pts | not published |
| Since launch | +11.9% | +11.0% | 9.8% | 5.8% | −14.3 pts | −0.8 pts |
| FGSI FT Vest Growth Strength & Target Income ETF Option income on SPY, paying monthly | TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Roundhill |
| Strategy | option income | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.6% | 9.5% |
| Expense ratio | 0.85% | 0.49% |
| Cash paid, 1 year | 8.1% | 5.8% (since launch on Feb 18, 2026) |
| Price change, 1 year | −3.2% | +4.9% |
| Total return, 1 year | +5.3% | +11.0% (since launch on Feb 18, 2026) |
| Benchmark return, 1 year | +16.6% | +11.8% |
| Ahead or behind | −11.3 pts | −0.8 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 449 days | 212 days |
| Net assets | $2m | $2m |
FGSI in plain words
Over the year to Sep 18, 2026, FGSI paid 8.1% of its starting value in cash distributions while its price fell 3.2%. With every distribution reinvested, the fund returned +5.3%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 11.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, paid monthly.
TPAY in plain words
Over the period since launch on Feb 18, 2026 to Sep 18, 2026, TPAY paid 5.8% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY) returned +11.8% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.5%, paid monthly.
Questions people ask
- Which is cheaper, FGSI or TPAY?
- FGSI charges 0.85% a year and TPAY charges 0.49%, so TPAY 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, FGSI against TPAY, data as of Sep 18, 2026. https://etfiq.com/compare/income/fgsi-vs-tpay Free to use with attribution; the underlying files are at Open data.