Data as of .
ISPY vs PBP: which paid, and which earned it?
Over the year PBP paid 11.8% of its price in cash against ISPY’s 5.6%, and returned more with it reinvested.
ETFIQ Return Stability Score: PBP 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, ISPY and PBP hold 87% of their money in the same securities at the same weight.
| Holding | ISPY | PBP |
|---|---|---|
| NVIDIA Corp. | 7.07% | 8.18% |
| Apple, Inc. | 6.31% | 7.50% |
| Microsoft Corp. | 4.60% | 5.57% |
| Amazon.com, Inc. | 3.64% | 3.77% |
| Alphabet, Inc. | 3.05% | 3.11% |
| Broadcom, Inc. | 2.92% | 2.57% |
| Alphabet, Inc. | 2.42% | 2.47% |
| Meta Platforms, Inc. | 1.91% | 2.22% |
| Tesla, Inc. | 1.69% | 1.56% |
| Micron Technology, Inc. | 1.50% | 1.74% |
| Eli Lilly & Co. | 1.21% | 1.38% |
| Berkshire Hathaway, Inc. | 1.20% | 1.42% |
| Only in ISPY | Only in PBP |
|---|---|
| ProShares GENIUS Money Market ETF 10.56% | ExxonMobil Holdings Corp 1.03% |
| Exxon Mobil Corp. 0.84% | Marvell Technology Inc 0.33% |
| Electronic Arts, Inc. 0.06% | Honeywell Aerospace Inc 0.08% |
| AvalonBay Communities, Inc. 0.04% | Ferguson Enterprises Inc 0.06% |
| Conagra Brands, Inc. 0.01% | Flex Ltd 0.06% |
| EPAM Systems, Inc. 0.01% | Reddit Inc 0.03% |
| Pool Corp. 0.01% | Fedex Freight Holding Co Inc 0.02% |
| Campbell's Co. (The) 0.01% | Invesco Government & Agency Portfolio 0.02% |
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 19, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| ISPY | PBP | ISPY | PBP | ISPY | PBP | |
| 3 months | +1.4% | +5.0% | 1.5% | 2.8% | −0.8 pts | +2.7 pts |
| 6 months | +14.7% | +13.0% | 3.6% | 5.7% | −3.3 pts | −5.0 pts |
| 1 year | +13.5% | +18.5% | 5.6% | 11.8% | −3.1 pts | +1.9 pts |
| 3 years | not published | +46.1% | not published | 31.8% | not published | −32.3 pts |
| Since launch | +53.4% | +199.0% | 25.8% | 101.2% | −14.5 pts | −604.5 pts |
| ISPY ProShares S&P 500 High Income ETF Option income on SPY, paying monthly | PBP Invesco S&P 500 BuyWrite ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | ProShares | Invesco |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.8% | 11.3% |
| Expense ratio | 0.56% | 0.29% |
| Cash paid, 1 year | 5.6% | 11.8% |
| Price change, 1 year | +7.6% | +5.5% |
| Total return, 1 year | +13.5% | +18.5% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −3.1 pts | +1.9 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1003 days | 6101 days |
| Net assets | $1.2bn | $386m |
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.
PBP in plain words
Over the year to Sep 18, 2026, PBP paid 11.8% of its starting value in cash distributions while its price rose 5.5%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.3%, paid monthly.
Questions people ask
- Which paid more, ISPY or PBP?
- Over the year to Sep 18, 2026, ISPY paid 5.6% of its starting price in cash and PBP paid 11.8%, so PBP paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, ISPY or PBP?
- With every distribution reinvested, ISPY returned +13.5% and PBP returned +18.5% over the year to Sep 18, 2026, so PBP returned more.
- Which is cheaper, ISPY or PBP?
- ISPY charges 0.56% a year and PBP charges 0.29%, so PBP 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 PBP, data as of Sep 18, 2026. https://etfiq.com/compare/income/ispy-vs-pbp Free to use with attribution; the underlying files are at Open data.