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Data as of .

ODTE vs XSPI: which paid, and which earned it?

ODTE and XSPI both write options for income.

VegaShares SPX NDX RTY Premium Income ETF and NEOS Boosted S&P 500(R) High Income ETF.

6.7%ODTE cash paid, 1 year
11.1%XSPI cash paid, 1 year
+6.2%ODTE total return, 1 year
+11.6%XSPI total return, 1 year
ODTE10.5 pts behind SPY · since launch to Sep 18, 2026
SPY+16.7%ODTE+6.2%6.7% of it arrived as cash10.5 pts behind SPYTotal return, distributions reinvestedSPY+16.7%ODTE+6.2%10.5 pts behind SPY
XSPIAbout even with SPY · since launch to Sep 18, 2026
SPY+11.3%XSPI+11.6%11.1% of it arrived as cashabout even with SPYTotal return, distributions reinvestedSPY+11.3%XSPI+11.6%11.1% cashabout even with SPY

What they hold in common

By the books each fund has filed, ODTE and XSPI hold 0% of their money in the same securities at the same weight.

Only in each
Only in ODTEOnly in XSPI
Invesco Nasdaq 100 ETF 33.70%NVIDIA Corp 8.50%
Vanguard S&P 500 ETF 33.27%Apple Inc 7.83%
Vanguard Russell 2000 ETF 33.03%Microsoft Corp 5.80%
Amazon.com Inc 3.94%
Alphabet Inc 3.24%
Broadcom Inc 2.65%
Alphabet Inc 2.57%
Meta Platforms Inc 2.25%

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 Jun 30, 2026 and Sep 21, 2026.

Performance, window by window

ODTE and XSPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
ODTEXSPIODTEXSPIODTEXSPI
3 months−4.8%+3.7%3.4%4.2%−7.0 pts+1.4 pts
6 monthsnot published+20.0%not published9.2%not published+1.9 pts
Since launch+6.2%+11.6%6.7%11.1%−10.5 pts+0.2 pts
Open the live comparison on ETFIQ
ODTE and XSPI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ODTE
VegaShares SPX NDX RTY Premium Income ETF
Covered call on SPY, paying weekly
XSPI
NEOS Boosted S&P 500(R) High Income ETF
Option income on SPY, paying monthly
IssuerVegaSharesNEOS
Strategycovered calloption income
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysweeklymonthly
Payout rate, annualized14.1%17.1%
Expense ratio0.68%0.98%
Cash paid, 1 year6.7% (since launch on Apr 2, 2026)11.1% (since launch on Feb 3, 2026)
Price change, 1 year−0.3%−0.3%
Total return, 1 year+6.2% (since launch on Apr 2, 2026)+11.6% (since launch on Feb 3, 2026)
Benchmark return, 1 year+16.7%+11.3%
Ahead or behind−10.5 pts+0.2 pts
Return of capital, latest estimatenot published99%
Age169 days227 days
Net assets$3m$113m

ODTE in plain words

Over the period since launch on Apr 2, 2026 to Sep 18, 2026, ODTE paid 6.7% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +6.2%. S&P 500 (SPY), used as a default proxy returned +16.7% over the same days, so a holder was behind by 10.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.1%, paid weekly.

XSPI in plain words

Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XSPI paid 11.1% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +11.6%. S&P 500 (SPY) returned +11.3% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 17.1%, paid monthly. NEOS estimates that 99% of the distribution paid Jul 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, ODTE or XSPI?
ODTE charges 0.68% a year and XSPI charges 0.98%, so ODTE 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.

ODTE against XSPI, 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, ODTE against XSPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/odte-vs-xspi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources