Which paid more, OEI or SPIN?

Over the year to Nov 4, 2026, OEI paid 9.2% of its starting price in cash and SPIN paid 5.1%, so OEI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, OEI or SPIN?

With every distribution reinvested, OEI returned +12.9% and SPIN +9.3% over the year to Nov 4, 2026.

Which is cheaper, OEI or SPIN?

OEI charges 1.02% a year and SPIN charges 0.25%, so SPIN is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

OEI vs SPIN: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, OEI paid 9.2% of its price in cash against SPIN’s 5.1%, and returned more with it reinvested.

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Net assets: $46m on Jul 31, 2026 for Optimized Equity Income ETF, and $45m on Nov 3, 2026 for State Street US Equity Premium Income ETF.

OEI on its own →SPIN on its own →

At a glance

9.2%

OEI cash paid, 1 year

5.1%

SPIN cash paid, 1 year

+12.9%

OEI total return, 1 year

+9.3%

SPIN total return, 1 year

OEI · 1 year to Nov 4, 2026 1.9 pts behind SPY

OEI

+12.9%

SPY

+14.8%

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% of it arrived as cash

1.9 pts behind SPY

Total return, distributions reinvested

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% cash

1.9 pts behind SPY

9.2% of it arrived as cash. Total return, distributions reinvested. OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

SPIN · 1 year to Nov 4, 2026 5.5 pts behind SPY

SPIN

+9.3%

SPY

+14.8%

5.5 pts behind SPY

SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPIN

+9.3%

5.1% of it arrived as cash

5.5 pts behind SPY

Total return, distributions reinvested

5.5 pts behind SPY

SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPIN

+9.3%

5.5 pts behind SPY

5.1% of it arrived as cash. Both charts share one scale, 0 to +14.8%. SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.

Pair scorecard

SPIN costs 0.77 points a year less; their one-year returns differ by 3.6 points.

Points (pts) are percentage points.

OEI vs SPIN: Dividend Yield & Total Return
Measure	OEI	SPIN
Paid and earned
Measure	OEI	SPIN
Total return, 1 year	+12.9%	+9.3%
Price change, 1 year	rose 3.0%	rose 3.9%
Return of capital, issuer estimate		97% of the Nov 5, 2026 payment
Against its benchmark
Measure	OEI	SPIN
Benchmark	S&P 500, measured through SPY	S&P 500, measured through SPY
Cost and size
Measure	OEI	SPIN
Expense ratio	1.02%	0.25%
Net assets, OEI as of Jul 31, 2026 and SPIN as of Nov 3, 2026	$46m	$45m
Holdings
Measure	OEI	SPIN
Holdings in common	63%

ETFIQ Distribution Coverage Score · SPIN scores higher How much of what it paid out did its total return cover?

IQ Income Score75.7OEI84.1SPIN

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

OEI 75.7

SPIN 84.1

0.3, the lowest in this set 99.7, the highest

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 →

Method

What they share

63%

By the books each fund has filed, OEI and SPIN hold 63% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

63% in common

Positions both hold · largest shared weight first OEI SPIN

NVIDIA Corp 8.22% 9.22%

Microsoft Corp 5.93% 7.47%

Amazon.com Inc 4.51% 4.87%

Apple Inc 4.23% 6.03%

Alphabet Inc 3.44% 4.59%

Broadcom Inc 3.01% 3.37%

Micron Technology Inc 2.54% 2.50%

Meta Platforms Inc 2.15% 2.93%

ExxonMobil Holdings Corp 2.04% 2.28%

Johnson & Johnson 2.08% 1.87%

Eli Lilly & Co 1.78% 2.50%

JPMorgan Chase & Co 1.63% 2.13%

Only in one fund ↓

Only in OEI

Booking Holdings Inc 1.86%

AbbVie Inc 1.55%

Cisco Systems Inc 1.52%

General Electric Co 1.39%

Intel Corp 1.32%

Chevron Corp 1.29%

GE Vernova Inc 1.15%

UnitedHealth Group Inc 1.12%

Only in SPIN

EMERSON ELECTRIC CO 1.30%

PARKER HANNIFIN CORP 1.16%

WABTEC CORP 1.15%

UNITED RENTALS INC 1.13%

LINDE PLC 1.06%

ASTRAZENECA PLC 1.05%

WASTE MANAGEMENT INC 1.02%

EQUINIX INC 0.94%

Check overlap with more funds →

Side by side

OEI Optimized Equity Income ETF · Option income on SPY, paying monthly SPIN State Street US Equity Premium Income ETF · Covered call on SPY, paying monthly

Issuer Core Alternative State Street

Strategy option income covered call

Benchmark S&P 500 (SPY) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 9.6% 5.5%

Expense ratio 1.02% 0.25%

Cash paid, 1 year 9.2% 5.1%

Price change, 1 year +3.0% +3.9%

Total return, 1 year +12.9% +9.3%

Benchmark return, 1 year +14.8% +14.8%

Ahead or behind −1.9 pts −5.5 pts

Return of capital, latest estimate not published 97%

Age 1.0 years 2.2 years

Net assets, OEI as of Jul 31, 2026 and SPIN as of Nov 3, 2026 $46m $45m

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

Window by window: OEI vs SPIN: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	OEI	SPIN	OEI	SPIN	OEI	SPIN
3 months	+3.3%	+0.8%	2.4%	0.9%	+3.4 pts	+0.9 pts
6 months	+6.3%	+6.0%	4.7%	1.9%	+1.3 pts	+1.0 pts
1 year	+12.9%	+9.3%	9.2%	5.1%	−1.9 pts	−5.5 pts
Since launchNot the same days: OEI Oct 2025 · SPIN Sep 2024	+15.0%	+30.3%	9.4%	16.0%	−1.1 pts	−12.9 pts

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Alert

About each fund

OEI

Over the year to Nov 4, 2026, OEI paid 9.2% of its starting value in cash distributions while its price rose 3.0%. With every distribution reinvested, the fund returned +12.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 1.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.6%, paid monthly.

SPIN

Over the year to Nov 4, 2026, SPIN paid 5.1% of its starting value in cash distributions while its price rose 3.9%. With every distribution reinvested, the fund returned +9.3%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 5.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.5%, paid monthly. State Street estimates that 97% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which paid more, OEI or SPIN?: Over the year to Nov 4, 2026, OEI paid 9.2% of its starting price in cash and SPIN paid 5.1%, so OEI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, OEI or SPIN?: With every distribution reinvested, OEI returned +12.9% and SPIN +9.3% over the year to Nov 4, 2026.
Which is cheaper, OEI or SPIN?: OEI charges 1.02% a year and SPIN charges 0.25%, so SPIN is cheaper. Fees come from each fund's prospectus.

Other comparisons

OEI vs ACKY OEI vs ACSP OEI vs SCLZ OEI vs SEPI SPIN vs DUBS SPIN vs BALI SPIN vs DIVO SPIN vs ACKY

Where to next

S&P 500 (SPY) →OEI on its own →SPIN on its own →OEI dividend history →OEI holdings →SPIN dividend history →SPIN holdings →Method →Standards and sources →

Sources and dates

OEI filings on SEC EDGAR ↗

OEI prospectus with the expense ratio (SEC) ↗

Core Alternative website ↗

SPIN filings on SEC EDGAR ↗

SPIN prospectus with the expense ratio (SEC) ↗

SPIN 19a-1 distribution notice ↗

State Street website ↗

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, OEI against SPIN, data as of Nov 4, 2026. https://etfiq.com/compare/income/oei-vs-spin

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.