Data as of Nov 4, 2026.

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Income ETFs

GPIX vs XSPI: Dividend Yield & Total Return

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GPIX and XSPI both write options for income.

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Net assets: $6.4bn on Nov 3, 2026 for Goldman Sachs S&P 500 Premium Income ETF, and $140m on Oct 28, 2026 for NEOS Boosted S&P 500 High Income ETF.

At a glance
8.8%
GPIX cash paid, 1 year
13.9%
XSPI cash paid, since launch, Feb 3, 2026
+15.6%
GPIX total return, 1 year
+12.4%
XSPI total return, since launch, Feb 3, 2026
GPIX · 1 year to Nov 4, 2026 0.8 pts ahead of SPY
GPIX
+15.6%
SPY
+14.8%

0.8 pts ahead of SPY

GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

GPIX

+15.6%

8.8% of it arrived as cash

0.8 pts ahead of SPY

Total return, distributions reinvested

0.8 pts ahead of SPY

GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

GPIX

+15.6%

8.8% cash

0.8 pts ahead of SPY

8.8% of it arrived as cash. Total return, distributions reinvested. GPIX over 1 year: paid 8.8%, price +6.2%, total +15.6%, SPY +14.8%, +0.8 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

GPIX costs 0.69 points a year less; GPIX is far larger, $6.5bn against $140m.

Points (pts) are percentage points.

GPIX vs XSPI: Dividend Yield & Total Return
MeasureGPIXXSPI
Paid and earned
Total return, 1 year+15.6%not published
Price changerose 6.2% (1 year)fell 2.3% (since Feb 3, 2026)
Return of capital, issuer estimate98% of the Oct 9, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYS&P 500, measured through SPY
Cost and size
Expense ratio0.29%0.98%
Net assets, as of Oct 28, 2026$6.5bn$140m
Holdings
Holdings in common85%

Method

Risk and return

Feb 13, 2026 to Oct 30, 2026 · 37 weekly returns
GPIX XSPI
Return
Total return edge XSPI (slight) +11.7% +12.2%
Price return edge GPIX +5.5% +0.3%
Risk
Max drawdown edge GPIX −7.0% −10.3%
Reading

From Feb 2026 to Oct 2026, XSPI returned slightly more: +12.2% to +11.7%. GPIX fell less at its worst: −7.0% to −10.3%.

Full scorecard

3 measures, with how each is measured
Open ↓
Risk and return: GPIX vs XSPI: Dividend Yield & Total Return
MeasureGPIXXSPIEdgeHow it is measured
Return
Total return+11.7%+12.2%XSPI (slight)Price change plus distributions, reinvested.
Price return+5.5%+0.3%GPIXPrice change alone, distributions left out.
Risk
Max drawdown−7.0%−10.3%GPIXDeepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 37 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

85%

By the books each fund has filed, GPIX and XSPI hold 85% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

0 half 100%

half

85% in common

Positions both hold · largest shared weight first GPIX XSPI
NVIDIA CORP 7.31% 8.10%
APPLE INC 6.45% 7.92%
MICROSOFT CORP 3.89% 6.26%
AMAZON.COM INC 3.38% 3.98%
ALPHABET INC 4.35% 2.66%
BROADCOM INC 2.79% 2.52%
TESLA INC 1.88% 1.78%
META PLATFORMS INC 1.67% 2.14%
BERKSHIRE HATHAWAY INC 1.50% 1.65%
MICRON TECHNOLOGY INC 2.02% 1.49%
ELI LILLY & COMPANY 1.48% 1.79%
ALPHABET INC 1.46% 2.12%
Only in one fund ↓
Only in GPIX
ELECTRONIC ARTS INC 0.15%
WARNER BROS. DISCOVERY INC 0.14%
CORTEVA INC 0.07%
KENVUE INC 0.07%
AVALONBAY COMMUNITIES INC 0.04%
EQUITY RESIDENTIAL 0.03%
BUILDERS FIRSTSOURCE INC 0.01%
PARAMOUNT SKYDANCE CORP 0.01%
Only in XSPI
SPX US 01/15/27 C7695 1.12%
Goldman Sachs Group Inc 0.41%
Bloom Energy Corp 0.10%
Ferguson Enterprises Inc 0.07%
Vivmark Residential 0.07%
Vylor Inc 0.07%
Everpure Inc 0.06%
Illumina Inc 0.05%
Check overlap with more funds →

Side by side

GPIX Goldman Sachs S&P 500 Premium Income ETF · Covered call on SPY, paying monthly XSPI NEOS Boosted S&P 500 High Income ETF · Option income on SPY, paying monthly
Strategy covered call option income
Benchmark S&P 500 (SPY) S&P 500 (SPY)
Pays monthly monthly
Payout rate, annualized 8.4% 16.6%
Expense ratio 0.29% 0.98%
Cash paid, 1 year 8.8% 13.9% (since launch, Feb 3, 2026)
Price change, 1 year +6.2% −2.3% (since launch, Feb 3, 2026)
Total return, 1 year +15.6% +12.4% (since launch, Feb 3, 2026)
Benchmark return, 1 year +14.8% +12.1% (since launch, Feb 3, 2026)
Ahead or behind +0.8 pts +0.3 pts (since launch, Feb 3, 2026)
Return of capital, latest estimate not published 98%
Age 3.0 years 274 days
Net assets, GPIX as of Nov 3, 2026 and XSPI as of Oct 28, 2026 $6.4bn $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: GPIX vs XSPI: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowGPIXXSPIGPIXXSPIGPIXXSPI
3 months+0.9%+1.1%2.1%4.2%+1.0 pts+1.2 pts
6 months+6.0%+7.0%4.3%8.5%+1.0 pts+2.0 pts
1 year+15.6%–8.8%–+0.9 pts–
3 years+73.9%–31.0%–−9.0 pts–
Since launchNot the same days: GPIX Oct 2023 · XSPI Feb 2026+82.5%+12.4%32.5%13.9%−10.2 pts+0.3 pts

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Client brief

No client brief for this pair: ETFIQ prints no one-year total return for XSPI; the two funds' holdings are dated 126 days apart.

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About each fund
GPIX

Over the year to Nov 4, 2026, GPIX paid 8.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +15.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was ahead by 0.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.4%, paid monthly.

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). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, GPIX or XSPI?
GPIX charges 0.29% a year and XSPI charges 0.98%, so GPIX is cheaper. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, GPIX against XSPI, data as of Nov 4, 2026. https://etfiq.com/compare/income/gpix-vs-xspi

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