Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

ISPY vs XRMI: which paid, and which earned it?

Over the year XRMI paid 12.1% of its price in cash against ISPY’s 5.6%, though ISPY returned more with it reinvested.

ProShares S&P 500 High Income ETF and Global X S&P 500 Risk Managed Income ETF.

5.6%ISPY cash paid, 1 year
12.1%XRMI cash paid, 1 year
+13.5%ISPY total return, 1 year
+10.3%XRMI total return, 1 year

ETFIQ Return Stability Score: ISPY scores higher

Was the payout funded by returns, or by your own capital?

ISPY 66.8XRMI 43.43.8, the lowest in this set96.8, the highest

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

ISPY3.1 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%ISPY+13.5%5.6% of it arrived as cash3.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%ISPY+13.5%3.1 pts behind SPY
XRMI6.3 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%XRMI+10.3%12.1% of it arrived as cash6.3 pts behind SPYTotal return, distributions reinvestedSPY+16.6%XRMI+10.3%12.1% cash6.3 pts behind SPY

What they hold in common

By the books each fund has filed, ISPY and XRMI hold 68% of their money in the same securities at the same weight.

Positions ISPY and XRMI both hold, largest shared weight first
HoldingISPYXRMI
NVIDIA Corp.7.07%8.27%
Apple, Inc.6.31%7.54%
Microsoft Corp.4.60%5.63%
Amazon.com, Inc.3.64%3.82%
Broadcom, Inc.2.92%2.61%
Meta Platforms, Inc.1.91%2.26%
Tesla, Inc.1.69%1.58%
Micron Technology, Inc.1.50%1.76%
Eli Lilly & Co.1.21%1.42%
JPMorgan Chase & Co.1.11%1.44%
Johnson & Johnson0.75%1.00%
Intel Corp.0.74%0.82%
Only in each
Only in ISPYOnly in XRMI
ProShares GENIUS Money Market ETF 10.56%ALPHABET INC-CL A 3.15%
Alphabet, Inc. 3.05%ALPHABET INC-CL C 2.50%
Alphabet, Inc. 2.42%BERKSHIRE HATHAWAY INC-CL B 1.46%
Berkshire Hathaway, Inc. 1.20%ADVANCED MICRO DEVICES 1.40%
Advanced Micro Devices, Inc. 1.16%CASH 1.11%
Exxon Mobil Corp. 0.84%EXXONMOBIL HOLDINGS CORP 1.04%
Visa, Inc. 0.76%VISA INC-CLASS A SHARES 0.96%
Mastercard, Inc. 0.55%MASTERCARD INC - A 0.69%

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 18, 2026.

Performance, window by window

ISPY and XRMI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
ISPYXRMIISPYXRMIISPYXRMI
3 months+1.4%+3.5%1.5%3.0%−0.8 pts+1.2 pts
6 months+14.7%+8.9%3.6%6.3%−3.3 pts−9.1 pts
1 year+13.5%+10.3%5.6%12.1%−3.1 pts−6.3 pts
3 yearsnot published+27.2%not published33.3%not published−51.2 pts
Since launch+53.4%+17.0%25.8%43.8%−14.5 pts−66.1 pts
Open the live comparison on ETFIQ
ISPY and XRMI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ISPY
ProShares S&P 500 High Income ETF
Option income on SPY, paying monthly
XRMI
Global X S&P 500 Risk Managed Income ETF
Option income on SPY, paying monthly
IssuerProSharesGlobal X
Strategyoption incomeoption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized5.8%12.3%
Expense ratio0.56%0.60%
Cash paid, 1 year5.6%12.1%
Price change, 1 year+7.6%−2.4%
Total return, 1 year+13.5%+10.3%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−3.1 pts−6.3 pts
Return of capital, latest estimatenot published95%
Age1003 days1849 days
Net assets$1.2bn$60m

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.

XRMI in plain words

Over the year to Sep 18, 2026, XRMI paid 12.1% of its starting value in cash distributions while its price fell 2.4%. With every distribution reinvested, the fund returned +10.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 6.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.3%, paid monthly. Global X estimates that 95% of the distribution paid Aug 27, 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, ISPY or XRMI?
Over the year to Sep 18, 2026, ISPY paid 5.6% of its starting price in cash and XRMI paid 12.1%, so XRMI 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 XRMI?
With every distribution reinvested, ISPY returned +13.5% and XRMI returned +10.3% over the year to Sep 18, 2026, so ISPY returned more.
Which is cheaper, ISPY or XRMI?
ISPY charges 0.56% a year and XRMI charges 0.60%, 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.

ISPY against XRMI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ISPY against XRMI, data as of Sep 18, 2026. https://etfiq.com/compare/income/ispy-vs-xrmi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources