Data as of .
IQQQ vs SPYI: which paid, and which earned it?
Over the year SPYI paid 13.1% of its price in cash against IQQQ’s 6.5%, though IQQQ returned more with it reinvested.
ETFIQ Return Stability Score: IQQQ scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, IQQQ and SPYI hold 53% of their money in the same securities at the same weight.
| Holding | IQQQ | SPYI |
|---|---|---|
| NVIDIA Corp. | 7.54% | 8.28% |
| Apple, Inc. | 6.74% | 7.52% |
| Microsoft Corp. | 4.92% | 5.62% |
| Amazon.com, Inc. | 4.27% | 3.82% |
| Alphabet, Inc. | 3.25% | 3.12% |
| Broadcom, Inc. | 3.11% | 2.59% |
| Alphabet, Inc. | 3.01% | 2.50% |
| Meta Platforms, Inc. | 2.74% | 2.22% |
| Micron Technology, Inc. | 4.44% | 1.74% |
| Tesla, Inc. | 3.20% | 1.58% |
| Advanced Micro Devices, Inc. | 3.41% | 1.41% |
| Intel Corp. | 2.33% | 0.82% |
| Only in IQQQ | Only in SPYI |
|---|---|
| ProShares GENIUS Money Market ETF 7.60% | Berkshire Hathaway Inc 1.43% |
| Shopify, Inc. 0.59% | JPMORGAN CHASE & CO. 1.43% |
| ASML Holding NV 0.57% | Eli Lilly & Co 1.42% |
| MercadoLibre, Inc. 0.35% | ExxonMobil Holdings Corp 1.03% |
| PDD Holdings, Inc. 0.23% | Johnson & Johnson 0.99% |
| Electronic Arts, Inc. 0.20% | Visa Inc 0.93% |
| Strategy, Inc. 0.20% | AbbVie Inc 0.71% |
| ARM Holdings plc 0.20% | Mastercard Inc 0.70% |
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 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| IQQQ | SPYI | IQQQ | SPYI | IQQQ | SPYI | |
| 3 months | −3.1% | +3.1% | 1.8% | 3.0% | −0.6 pts | +0.9 pts |
| 6 months | +19.1% | +14.4% | 4.2% | 6.5% | −5.1 pts | −3.6 pts |
| 1 year | +17.7% | +15.3% | 6.5% | 13.1% | −4.1 pts | −1.2 pts |
| 3 years | not published | +57.2% | not published | 38.6% | not published | −21.2 pts |
| Since launch | +51.5% | +77.1% | 24.4% | 50.3% | −13.0 pts | −25.3 pts |
| IQQQ ProShares Nasdaq-100 High Income ETF Option income on QQQ, paying monthly | SPYI NEOS S&P 500(R) High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | ProShares | NEOS |
| Strategy | option income | option income |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.7% | 12.1% |
| Expense ratio | 0.97% | 0.68% |
| Cash paid, 1 year | 6.5% | 13.1% |
| Price change, 1 year | +10.8% | +1.2% |
| Total return, 1 year | +17.7% | +15.3% |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −4.1 pts | −1.2 pts |
| Return of capital, latest estimate | not published | 93% |
| Age | 912 days | 1480 days |
| Net assets | $405m | $12.2bn |
IQQQ in plain words
Over the year to Sep 18, 2026, IQQQ paid 6.5% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +17.7%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.7%, paid monthly.
SPYI in plain words
Over the year to Sep 18, 2026, SPYI paid 13.1% of its starting value in cash distributions while its price rose 1.2%. With every distribution reinvested, the fund returned +15.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.1%, paid monthly. NEOS estimates that 93% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, IQQQ or SPYI?
- Over the year to Sep 18, 2026, IQQQ paid 6.5% of its starting price in cash and SPYI paid 13.1%, so SPYI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, IQQQ or SPYI?
- With every distribution reinvested, IQQQ returned +17.7% and SPYI returned +15.3% over the year to Sep 18, 2026, so IQQQ returned more.
- Which is cheaper, IQQQ or SPYI?
- IQQQ charges 0.97% a year and SPYI charges 0.68%, so SPYI 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, IQQQ against SPYI, data as of Sep 18, 2026. https://etfiq.com/compare/income/iqqq-vs-spyi Free to use with attribution; the underlying files are at Open data.