Data as of Nov 4, 2026.
ISPY vs TSPY: Dividend Yield & Total Return
Over the year to Nov 4, 2026, TSPY paid 14.0% of its price in cash against ISPY’s 6.2%, and returned more with it reinvested.
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Net assets: $1.2bn on Nov 4, 2026 for ProShares S&P 500 High Income ETF, and $311m on Jun 30, 2026 for TappAlpha S&P 500 Growth & Daily Income ETF.
3.5 pts behind SPY
ISPY over 1 year: paid 6.2%, price +4.8%, total +11.3%, SPY +14.8%, −3.5 pts. Data to Nov 4, 2026.
SPY
+14.8%
ISPY
+11.3%
6.2% of it arrived as cash
3.5 pts behind SPY
Total return, distributions reinvested
3.5 pts behind SPY
ISPY over 1 year: paid 6.2%, price +4.8%, total +11.3%, SPY +14.8%, −3.5 pts. Data to Nov 4, 2026.
SPY
+14.8%
ISPY
+11.3%
3.5 pts behind SPY
6.2% of it arrived as cash. Total return, distributions reinvested. ISPY over 1 year: paid 6.2%, price +4.8%, total +11.3%, SPY +14.8%, −3.5 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.1.5 pts behind VOO
TSPY over 1 year: paid 14.0%, price −1.6%, total +13.3%, VOO +14.8%, −1.5 pts. Data to Nov 4, 2026.
VOO
+14.8%
TSPY
+13.3%
14.0% of it arrived as cash
1.5 pts behind VOO
Total return, distributions reinvested
1.5 pts behind VOO
TSPY over 1 year: paid 14.0%, price −1.6%, total +13.3%, VOO +14.8%, −1.5 pts. Data to Nov 4, 2026.
VOO
+14.8%
TSPY
+13.3%
14.0% as cash
1.5 pts behind VOO
14.0% of it arrived as cash. Both charts share one scale, with zero at the line. TSPY over 1 year: paid 14.0%, price −1.6%, total +13.3%, VOO +14.8%, −1.5 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
ISPY costs 0.13 points a year less; their one-year returns differ by 2.0 points.
Points (pts) are percentage points.
| Measure | ISPY | TSPY |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +11.3% | +13.3% |
| Price change, 1 year | rose 4.8% | fell 1.6% |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | Vanguard S&P 500 ETF, measured through VOO |
| Cost and size | ||
| Expense ratio | 0.55% | 0.68% |
| Net assets, ISPY as of Nov 4, 2026 and TSPY as of Jun 30, 2026 | $1.2bn | $311m |
| Holdings | ||
| Holdings in common | 0% | |
How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed
One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Risk and return
Aug 23, 2024 to Oct 30, 2026 · 114 weekly returnsEach against its own benchmark: ISPY against SPY, Dec 29, 2023 to Oct 30, 2026; TSPY against VOO, Aug 23, 2024 to Oct 30, 2026.
From Aug 2024 to Oct 2026, TSPY returned more: +34.2% to +28.8%. ISPY swung slightly less: 13.6% to 14.1%. ISPY fell slightly less at its worst: −15.6% to −16.5%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | ISPY | TSPY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +28.8% | +34.2% | TSPY | Price change plus distributions, reinvested. |
| Annualized | +12.2% | +14.3% | TSPY | Total return as a yearly rate. |
| Price return | +7.2% | +0.1% | ISPY | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 13.6% | 14.1% | ISPY (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 9.5% | 9.6% | Tie | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −15.6% | −16.5% | ISPY (slight) | Deepest fall from a high to the low after it. |
| Upside capture | 85.6% | 89.2% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 96.6% | 95.3% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.89 | 0.92 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.96 | 0.95 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.62 | 0.73 | TSPY | Return above Treasury bills per unit of volatility. |
| Sortino | 0.89 | 1.08 | TSPY | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.118 | 0.112 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.79 | 0.87 | TSPY (slight) | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | SPY | VOO | The ETF each fund is measured against. | |
| Alpha | −2.0% a year | −0.5% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −1.26 | −0.25 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −5.1% to +1.1% | −4.9% to +3.8% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −1.16 | −0.43 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 3.1% | 3.4% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 114 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, ISPY and TSPY hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | ISPY | TSPY | ISPY | TSPY | ISPY | TSPY |
| 3 months | −0.5% | +0.7% | 1.5% | 3.5% | −0.3 pts | +0.8 pts |
| 6 months | +3.8% | +5.2% | 3.1% | 7.0% | −1.2 pts | +0.2 pts |
| 1 year | +11.3% | +13.3% | 6.2% | 14.0% | −3.5 pts | −1.5 pts |
| Since launchNot the same days: ISPY Dec 2023 · TSPY Aug 2024 | +54.0% | +38.7% | 27.1% | 31.2% | −15.1 pts | −3.7 pts |
Client brief:
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ISPY
Over the year to Nov 4, 2026, ISPY paid 6.2% of its starting value in cash distributions while its price rose 4.8%. With every distribution reinvested, the fund returned +11.3%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 3.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.0%, paid monthly. ProShares estimates that 87% of the distribution paid Nov 6, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
TSPY
Over the year to Nov 4, 2026, TSPY paid 14.0% of its starting value in cash distributions while its price fell 1.6%. With every distribution reinvested, the fund returned +13.3%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 1.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 14.3%, paid monthly. TappAlpha estimates that 100% of the distribution paid Nov 4, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, ISPY against TSPY, data as of Nov 4, 2026. https://etfiq.com/compare/income/ispy-vs-tspy
ETFIQ. (Nov 4, 2026). ISPY against TSPY. Retrieved from https://etfiq.com/compare/income/ispy-vs-tspy
[ISPY against TSPY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/ispy-vs-tspy)
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