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Data as of .

FTHI vs ISPY: which paid, and which earned it?

Over the year FTHI paid 8.9% of its price in cash against ISPY’s 5.6%, though ISPY returned more with it reinvested.

First Trust BuyWrite Income ETF and ProShares S&P 500 High Income ETF.

8.9%FTHI cash paid, 1 year
5.6%ISPY cash paid, 1 year
+9.7%FTHI total return, 1 year
+13.5%ISPY total return, 1 year

ETFIQ Return Stability Score: ISPY scores higher

Was the payout funded by returns, or by your own capital?

FTHI 50.8ISPY 66.83.8, the lowest in this set96.8, the highest

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

FTHI6.9 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%FTHI+9.7%8.9% of it arrived as cash6.9 pts behind SPYTotal return, distributions reinvestedSPY+16.6%FTHI+9.7%8.9% cash6.9 pts behind SPY
ISPY3.1 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%ISPY+13.5%5.6% of it arrived as cash3.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%ISPY+13.5%3.1 pts behind SPY

What they hold in common

By the books each fund has filed, FTHI and ISPY hold 46% of their money in the same securities at the same weight.

Positions FTHI and ISPY both hold, largest shared weight first
HoldingFTHIISPY
NVIDIA Corporation6.90%7.07%
Apple Inc.7.75%6.31%
Microsoft Corporation2.94%4.60%
Amazon.com, Inc.2.53%3.64%
Alphabet Inc. (Class A)2.41%3.05%
Broadcom Inc.2.01%2.92%
Alphabet Inc. (Class C)1.74%2.42%
Meta Platforms, Inc. (Class A)1.31%1.91%
JPMorgan Chase & Co.2.67%1.11%
Micron Technology, Inc.1.10%1.50%
Tesla, Inc.0.97%1.69%
Eli Lilly and Company0.95%1.21%
Only in each
Only in FTHIOnly in ISPY
US Dollar 5.90%ProShares GENIUS Money Market ETF 10.56%
ASML Holding N.V. (New York Registry Shares) 2.17%Berkshire Hathaway, Inc. 1.20%
ExxonMobil Holdings Corp. 1.09%Exxon Mobil Corp. 0.84%
Coca-Cola European Partners Plc 1.00%Visa, Inc. 0.76%
Jackson Financial Inc. (Class A) 0.74%Mastercard, Inc. 0.55%
HF Sinclair Corp. 0.62%Lam Research Corp. 0.55%
Novartis AG (ADR) 0.61%Oracle Corp. 0.53%
InterDigital, Inc. 0.58%UnitedHealth Group, Inc. 0.47%

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

FTHI and ISPY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FTHIISPYFTHIISPYFTHIISPY
3 months+1.7%+1.4%2.2%1.5%−0.6 pts−0.8 pts
6 months+9.8%+14.7%4.6%3.6%−8.2 pts−3.3 pts
1 year+9.7%+13.5%8.9%5.6%−6.9 pts−3.1 pts
3 years+47.9%not published28.9%not published−30.5 ptsnot published
Since launch+156.3%+53.4%82.6%25.8%−257.8 pts−14.5 pts
Open the live comparison on ETFIQ
FTHI and ISPY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FTHI
First Trust BuyWrite Income ETF
Covered call on SPY, paying monthly
ISPY
ProShares S&P 500 High Income ETF
Option income on SPY, paying monthly
IssuerFirst TrustProShares
Strategycovered calloption income
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized9.0%5.8%
Expense ratio0.75%0.56%
Cash paid, 1 year8.9%5.6%
Price change, 1 year+0.3%+7.6%
Total return, 1 year+9.7%+13.5%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−6.9 pts−3.1 pts
Return of capital, latest estimatenot publishednot published
Age4637 days1003 days
Net assets$2.5bn$1.2bn

FTHI in plain words

Over the year to Sep 18, 2026, FTHI paid 8.9% of its starting value in cash distributions while its price rose 0.3%. With every distribution reinvested, the fund returned +9.7%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 6.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.0%, 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, FTHI or ISPY?
Over the year to Sep 18, 2026, FTHI paid 8.9% of its starting price in cash and ISPY paid 5.6%, so FTHI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FTHI or ISPY?
With every distribution reinvested, FTHI returned +9.7% and ISPY returned +13.5% over the year to Sep 18, 2026, so ISPY returned more.
Which is cheaper, FTHI or ISPY?
FTHI 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.

FTHI against ISPY, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FTHI against ISPY, data as of Sep 18, 2026. https://etfiq.com/compare/income/fthi-vs-ispy Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources