Data as of .
OMAH vs SPYI: which paid, and which earned it?
Over the year OMAH paid 14.4% of its price in cash against SPYI’s 13.1%, though SPYI returned more with it reinvested.
ETFIQ Return Stability Score: OMAH 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, OMAH and SPYI hold 16% of their money in the same securities at the same weight.
| Holding | OMAH | SPYI |
|---|---|---|
| Apple Inc | 10.59% | 6.59% |
| Alphabet Inc | 4.57% | 3.28% |
| Alphabet Inc | 4.54% | 2.61% |
| Berkshire Hathaway Inc | 10.22% | 1.43% |
| Bank of America Corp | 4.06% | 0.59% |
| Coca-Cola Co/The | 4.94% | 0.49% |
| Chevron Corp | 4.75% | 0.48% |
| American Express Co | 6.57% | 0.28% |
| Chubb Ltd | 4.49% | 0.19% |
| Moody's Corp | 4.42% | 0.11% |
| Delta Air Lines Inc | 4.13% | 0.10% |
| Occidental Petroleum Corp | 4.64% | 0.06% |
| Only in OMAH | Only in SPYI |
|---|---|
| Sirius XM Holdings Inc 4.29% | NVIDIA Corp 7.57% |
| New York Times Co/The 2.80% | Microsoft Corp 4.32% |
| Ally Financial Inc 2.44% | Amazon.com Inc 3.65% |
| Liberty Live Holdings Inc 2.14% | Broadcom Inc 2.80% |
| BRKB US 09/25/26 P512.5 0.10% | Micron Technology Inc 1.99% |
| VRSN US 10/16/26 C310 0.10% | Meta Platforms Inc 1.92% |
| LLYVK US 10/16/26 C105 0.06% | Tesla Inc 1.85% |
| AAPL US 09/25/26 C342.5 0.05% | Eli Lilly & Co 1.47% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| OMAH | SPYI | OMAH | SPYI | OMAH | SPYI | |
| 3 months | +1.7% | +3.1% | 3.7% | 3.0% | −2.4 pts | +0.9 pts |
| 6 months | +8.8% | +14.4% | 7.7% | 6.5% | +2.8 pts | −3.6 pts |
| 1 year | +8.8% | +15.3% | 14.4% | 13.1% | +4.9 pts | −1.2 pts |
| 3 years | not published | +57.2% | not published | 38.6% | not published | −21.2 pts |
| Since launch | +14.6% | +77.1% | 21.4% | 50.3% | +12.4 pts | −25.3 pts |
| OMAH VistaShares Target 15 Berkshire Select Income ETF Covered call on BRK-B, paying monthly | SPYI NEOS S&P 500(R) High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | VistaShares | NEOS |
| Strategy | covered call | option income |
| Benchmark | Berkshire Hathaway B (BRK-B), used as the proxy | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 15.1% | 12.1% |
| Expense ratio | 0.98% | 0.68% |
| Cash paid, 1 year | 14.4% | 13.1% |
| Price change, 1 year | −6.3% | +1.2% |
| Total return, 1 year | +8.8% | +15.3% |
| Benchmark return, 1 year | +3.9% | +16.6% |
| Ahead or behind | +4.9 pts | −1.2 pts |
| Return of capital, latest estimate | not published | 93% |
| Age | 562 days | 1480 days |
| Net assets | $1.1bn | $12.2bn |
OMAH in plain words
Over the year to Sep 18, 2026, OMAH paid 14.4% of its starting value in cash distributions while its price fell 6.3%. With every distribution reinvested, the fund returned +8.8%. Berkshire Hathaway B (BRK-B), used as the proxy returned +3.9% over the same days, so a holder was ahead by 4.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.1%, paid monthly.
SPYI in plain words
Over the year to Sep 18, 2026, SPYI paid 13.1% of its starting value in cash distributions while its price rose 1.2%. With every distribution reinvested, the fund returned +15.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.1%, paid monthly. NEOS estimates that 93% of the distribution paid Jun 18, 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, OMAH or SPYI?
- Over the year to Sep 18, 2026, OMAH paid 14.4% of its starting price in cash and SPYI paid 13.1%, so OMAH paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, OMAH or SPYI?
- With every distribution reinvested, OMAH returned +8.8% and SPYI returned +15.3% over the year to Sep 18, 2026, so SPYI returned more.
- Which is cheaper, OMAH or SPYI?
- OMAH charges 0.98% a year and SPYI charges 0.68%, so SPYI 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, OMAH against SPYI, data as of Sep 18, 2026. https://etfiq.com/compare/income/omah-vs-spyi Free to use with attribution; the underlying files are at Open data.