Data as of .
ISPY vs OEI: which paid, and which earned it?
ISPY and OEI both write options for income.
What they hold in common
By the books each fund has filed, ISPY and OEI hold 57% of their money in the same securities at the same weight.
| Holding | ISPY | OEI |
|---|---|---|
| NVIDIA Corp. | 7.07% | 8.32% |
| Microsoft Corp. | 4.60% | 5.99% |
| Apple, Inc. | 6.31% | 4.28% |
| Amazon.com, Inc. | 3.64% | 4.56% |
| Alphabet, Inc. | 3.05% | 3.48% |
| Broadcom, Inc. | 2.92% | 3.04% |
| Meta Platforms, Inc. | 1.91% | 2.18% |
| Micron Technology, Inc. | 1.50% | 2.57% |
| Tesla, Inc. | 1.69% | 1.46% |
| Eli Lilly & Co. | 1.21% | 1.80% |
| Berkshire Hathaway, Inc. | 1.20% | 1.60% |
| Advanced Micro Devices, Inc. | 1.16% | 1.56% |
| Only in ISPY | Only in OEI |
|---|---|
| ProShares GENIUS Money Market ETF 10.56% | Alphabet Inc 2.79% |
| Alphabet, Inc. 2.42% | ExxonMobil Holdings Corp 2.07% |
| Exxon Mobil Corp. 0.84% | Philip Morris International In 1.04% |
| International Business Machines Corp. 0.38% | IBM 0.52% |
| Philip Morris International, Inc. 0.38% | Mobility Global Inc 0.02% |
| KLA Corp. 0.35% | |
| Sandisk Corp. 0.34% | |
| Linde plc 0.32% |
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 Jul 31, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| ISPY | OEI | ISPY | OEI | ISPY | OEI | |
| 3 months | +1.4% | +4.8% | 1.5% | 2.3% | −0.8 pts | +2.5 pts |
| 6 months | +14.7% | +12.5% | 3.6% | 4.9% | −3.3 pts | −5.6 pts |
| 1 year | +13.5% | not published | 5.6% | not published | −3.1 pts | not published |
| Since launch | +53.4% | +14.4% | 25.8% | 8.6% | −14.5 pts | −0.9 pts |
| ISPY ProShares S&P 500 High Income ETF Option income on SPY, paying monthly | OEI Optimized Equity Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | ProShares | Core Alternative |
| Strategy | option income | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.8% | 9.2% |
| Expense ratio | 0.56% | 1.02% |
| Cash paid, 1 year | 5.6% | 8.6% (since launch on Oct 22, 2025) |
| Price change, 1 year | +7.6% | +5.2% |
| Total return, 1 year | +13.5% | +14.4% (since launch on Oct 22, 2025) |
| Benchmark return, 1 year | +16.6% | +15.3% |
| Ahead or behind | −3.1 pts | −0.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1003 days | 331 days |
| Net assets | $1.2bn | $46m |
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.
OEI in plain words
Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.
Questions people ask
- Which is cheaper, ISPY or OEI?
- ISPY charges 0.56% a year and OEI charges 1.02%, 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.
Cite this page. ETFIQ, ISPY against OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/ispy-vs-oei Free to use with attribution; the underlying files are at Open data.