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Data as of .

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

FTHI and XSPI both write options for income.

First Trust BuyWrite Income ETF and NEOS Boosted S&P 500(R) High Income ETF.

8.9%FTHI cash paid, 1 year
11.1%XSPI cash paid, 1 year
+9.7%FTHI total return, 1 year
+11.6%XSPI total return, 1 year
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
XSPIAbout even with SPY · since launch to Sep 18, 2026
SPY+11.3%XSPI+11.6%11.1% of it arrived as cashabout even with SPYTotal return, distributions reinvestedSPY+11.3%XSPI+11.6%11.1% as cashabout even with SPY

What they hold in common

By the books each fund has filed, FTHI and XSPI hold 51% of their money in the same securities at the same weight.

Positions FTHI and XSPI both hold, largest shared weight first
HoldingFTHIXSPI
Apple Inc.7.75%7.83%
NVIDIA Corporation6.90%8.50%
Microsoft Corporation2.94%5.80%
Amazon.com, Inc.2.53%3.94%
Alphabet Inc. (Class A)2.41%3.24%
Broadcom Inc.2.01%2.65%
Alphabet Inc. (Class C)1.74%2.57%
JPMorgan Chase & Co.2.67%1.47%
Meta Platforms, Inc. (Class A)1.31%2.25%
Micron Technology, Inc.1.10%1.75%
ExxonMobil Holdings Corp.1.09%1.08%
Johnson & Johnson1.11%1.02%
Only in each
Only in FTHIOnly in XSPI
US Dollar 5.90%Berkshire Hathaway Inc 1.47%
ASML Holding N.V. (New York Registry Shares) 2.17%SPX US 10/16/26 C7500 1.39%
Coca-Cola European Partners Plc 1.00%Visa Inc 0.94%
Jackson Financial Inc. (Class A) 0.74%Mastercard Inc 0.71%
HF Sinclair Corp. 0.62%Lam Research Corp 0.56%
Novartis AG (ADR) 0.61%UnitedHealth Group Inc 0.55%
InterDigital, Inc. 0.58%Procter & Gamble Co/The 0.53%
Nebius Group N.V. 0.54%Home Depot Inc/The 0.46%

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 and Sep 21, 2026.

Performance, window by window

FTHI and XSPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FTHIXSPIFTHIXSPIFTHIXSPI
3 months+1.7%+3.7%2.2%4.2%−0.6 pts+1.4 pts
6 months+9.8%+20.0%4.6%9.2%−8.2 pts+1.9 pts
1 year+9.7%not published8.9%not published−6.9 ptsnot published
3 years+47.9%not published28.9%not published−30.5 ptsnot published
Since launch+156.3%+11.6%82.6%11.1%−257.8 pts+0.2 pts
Open the live comparison on ETFIQ
FTHI and XSPI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FTHI
First Trust BuyWrite Income ETF
Covered call on SPY, paying monthly
XSPI
NEOS Boosted S&P 500(R) High Income ETF
Option income on SPY, paying monthly
IssuerFirst TrustNEOS
Strategycovered calloption income
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized9.0%17.1%
Expense ratio0.75%0.98%
Cash paid, 1 year8.9%11.1% (since launch on Feb 3, 2026)
Price change, 1 year+0.3%−0.3%
Total return, 1 year+9.7%+11.6% (since launch on Feb 3, 2026)
Benchmark return, 1 year+16.6%+11.3%
Ahead or behind−6.9 pts+0.2 pts
Return of capital, latest estimatenot published99%
Age4637 days227 days
Net assets$2.5bn$113m

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.

XSPI in plain words

Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XSPI paid 11.1% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +11.6%. S&P 500 (SPY) returned +11.3% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 17.1%, paid monthly. NEOS estimates that 99% of the distribution paid Jul 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, FTHI or XSPI?
FTHI charges 0.75% a year and XSPI charges 0.98%, so FTHI 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 XSPI, 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 XSPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/fthi-vs-xspi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources