Data as of Nov 4, 2026.

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Income ETFs

FTHI vs SPIN: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FTHI paid 8.9% of its price in cash against SPIN’s 5.1%, though SPIN returned more with it reinvested.

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Net assets on Nov 3, 2026: $2.5bn for First Trust BuyWrite Income ETF and $45m for State Street US Equity Premium Income ETF.

At a glance
8.9%
FTHI cash paid, 1 year
5.1%
SPIN cash paid, 1 year
+8.1%
FTHI total return, 1 year
+9.3%
SPIN total return, 1 year
FTHI · 1 year to Nov 4, 2026 6.7 pts behind SPY
FTHI
+8.1%
SPY
+14.8%

6.7 pts behind SPY

FTHI over 1 year: paid 8.9%, price −1.2%, total +8.1%, SPY +14.8%, −6.7 pts. Data to Nov 4, 2026.

SPY

+14.8%

FTHI

+8.1%

8.9% of it arrived as cash

6.7 pts behind SPY

Total return, distributions reinvested

6.7 pts behind SPY

FTHI over 1 year: paid 8.9%, price −1.2%, total +8.1%, SPY +14.8%, −6.7 pts. Data to Nov 4, 2026.

SPY

+14.8%

FTHI

+8.1%

8.9% cash

6.7 pts behind SPY

8.9% of it arrived as cash. Total return, distributions reinvested. FTHI over 1 year: paid 8.9%, price −1.2%, total +8.1%, SPY +14.8%, −6.7 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
SPIN · 1 year to Nov 4, 2026 5.5 pts behind SPY
SPIN
+9.3%
SPY
+14.8%

5.5 pts behind SPY

SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPIN

+9.3%

5.1% of it arrived as cash

5.5 pts behind SPY

Total return, distributions reinvested

5.5 pts behind SPY

SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPIN

+9.3%

5.5 pts behind SPY

5.1% of it arrived as cash. Both charts share one scale, with zero at the line. SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

SPIN costs 0.50 points a year less; their one-year returns differ by 1.2 points; FTHI is far larger, $2.5bn against $45m.

Points (pts) are percentage points.

FTHI vs SPIN: Dividend Yield & Total Return
MeasureFTHISPIN
Paid and earned
Total return, 1 year+8.1%+9.3%
Price change, 1 yearfell 1.2%rose 3.9%
Return of capital, issuer estimate92% of the Oct 30, 2026 payment97% of the Nov 5, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYS&P 500, measured through SPY
Cost and size
Expense ratio0.75%0.25%
Net assets, as of Nov 3, 2026$2.5bn$45m
Holdings
Holdings in common40%
ETFIQ Distribution Coverage Score · SPIN scores higher How much of what it paid out did its total return cover?
IQ Income Score52.4FTHI84.1SPIN

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

40%

By the books each fund has filed, FTHI and SPIN hold 40% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

0 half 100%

half

40% in common

Positions both hold · largest shared weight first FTHI SPIN
NVIDIA Corporation 6.59% 9.22%
Apple Inc. 7.86% 6.03%
Microsoft Corporation 3.18% 7.47%
Amazon.com, Inc. 2.57% 4.87%
JPMorgan Chase & Co. 2.65% 2.13%
Alphabet Inc. (Class A) 1.99% 4.59%
Broadcom Inc. 1.92% 3.37%
Meta Platforms, Inc. (Class A) 1.25% 2.93%
ExxonMobil Holdings Corp. 1.22% 2.28%
Eli Lilly and Company 1.19% 2.50%
Johnson & Johnson 1.13% 1.87%
Linde Plc 1.27% 1.06%
Only in one fund ↓
Only in FTHI
ASML Holding N.V. (New York Registry Shares) 2.06%
Dell Technologies Inc. (Class C) 1.86%
Amgen Inc. 1.68%
Gilead Sciences, Inc. 1.45%
Cisco Systems, Inc. 1.22%
AbbVie Inc. 1.16%
Coca-Cola European Partners Plc 1.15%
TransDigm Group Incorporated 1.03%
Only in SPIN
VISA INC CLASS A SHARES 1.73%
AMPHENOL CORP CL A 1.41%
HOME DEPOT INC 1.39%
EMERSON ELECTRIC CO 1.30%
MASTERCARD INC A 1.19%
BERKSHIRE HATHAWAY INC CL B 1.17%
PARKER HANNIFIN CORP 1.16%
UNITED RENTALS INC 1.13%
Check overlap with more funds →

Side by side

FTHI First Trust BuyWrite Income ETF · Covered call on SPY, paying monthly SPIN State Street US Equity Premium Income ETF · Covered call on SPY, paying monthly
Strategy covered call covered call
Benchmark S&P 500 (SPY) S&P 500 (SPY)
Pays monthly monthly
Payout rate, annualized 9.0% 5.5%
Expense ratio 0.75% 0.25%
Cash paid, 1 year 8.9% 5.1%
Price change, 1 year −1.2% +3.9%
Total return, 1 year +8.1% +9.3%
Benchmark return, 1 year +14.8% +14.8%
Ahead or behind −6.7 pts −5.5 pts
Return of capital, latest estimate 92% 97%
Age 12.8 years 2.2 years
Net assets, as of Nov 3, 2026 $2.5bn $45m

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: FTHI vs SPIN: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowFTHISPINFTHISPINFTHISPIN
3 months−0.5%+0.8%2.2%0.9%−0.3 pts+0.9 pts
6 months+2.5%+6.0%4.4%1.9%−2.5 pts+1.0 pts
1 year+8.1%+9.3%8.9%5.1%−6.7 pts−5.5 pts
3 years+48.1%–29.7%–−34.8 pts–
Since launchNot the same days: FTHI Jan 2014 · SPIN Sep 2024+155.0%+30.3%84.3%16.0%−262.6 pts−12.9 pts

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About each fund
FTHI

Over the year to Nov 4, 2026, FTHI paid 8.9% of its starting value in cash distributions while its price fell 1.2%. With every distribution reinvested, the fund returned +8.1%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 6.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.0%, paid monthly. First Trust estimates that 92% 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.

SPIN

Over the year to Nov 4, 2026, SPIN paid 5.1% of its starting value in cash distributions while its price rose 3.9%. With every distribution reinvested, the fund returned +9.3%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 5.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.5%, paid monthly. State Street estimates that 97% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, FTHI or SPIN?
Over the year to Nov 4, 2026, FTHI paid 8.9% of its starting price in cash and SPIN paid 5.1%, 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 SPIN?
With every distribution reinvested, FTHI returned +8.1% and SPIN +9.3% over the year to Nov 4, 2026.
Which is cheaper, FTHI or SPIN?
FTHI charges 0.75% a year and SPIN charges 0.25%, so SPIN is cheaper. Fees come from each fund's prospectus.
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Sources and dates

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

How this is computed

It is a place in a set, not a rating or a recommendation.

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

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, FTHI against SPIN, data as of Nov 4, 2026. https://etfiq.com/compare/income/fthi-vs-spin

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