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Data as of .

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

QYLD and XSPI both write options for income.

Global X NASDAQ 100 Covered Call ETF and NEOS Boosted S&P 500(R) High Income ETF.

12.5%QYLD cash paid, 1 year
11.1%XSPI cash paid, 1 year
+23.0%QYLD total return, 1 year
+11.6%XSPI total return, 1 year
QYLD1.2 pts ahead of QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QYLD+23.0%12.5% of it arrived as cash1.2 pts ahead of QQQTotal return, distributions reinvestedQQQ+21.8%QYLD+23.0%12.5% cash1.2 pts ahead of QQQ
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%about even with SPY

What they hold in common

By the books each fund has filed, QYLD and XSPI hold 56% of their money in the same securities at the same weight.

Positions QYLD and XSPI both hold, largest shared weight first
HoldingQYLDXSPI
NVIDIA CORP8.54%8.50%
APPLE INC7.82%7.83%
MICROSOFT CORP5.84%5.80%
AMAZON.COM INC4.36%3.94%
ALPHABET INC-CL A3.27%3.24%
BROADCOM INC2.71%2.65%
ALPHABET INC-CL C3.02%2.57%
META PLATFORMS INC3.15%2.25%
MICRON TECHNOLOGY INC5.05%1.75%
TESLA INC3.05%1.59%
ADVANCED MICRO DEVICES4.02%1.40%
INTEL CORP2.51%0.79%
Only in each
Only in QYLDOnly in XSPI
SPACE EXPLORATION TECHN-CL A 2.88%Berkshire Hathaway Inc 1.47%
CASH 1.01%JPMORGAN CHASE & CO. 1.47%
ASML HOLDING NV-NY REG SHS 0.68%Eli Lilly & Co 1.42%
SHOPIFY INC - CLASS A 0.68%SPX US 10/16/26 C7500 1.39%
ARM HOLDINGS PLC-ADR 0.51%ExxonMobil Holdings Corp 1.08%
MERCADOLIBRE INC 0.40%Johnson & Johnson 1.02%
STRATEGY INC- CL A 0.24%Visa Inc 0.94%
ASTERA LABS INC 0.23%AbbVie Inc 0.73%

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 Sep 18, 2026 and Sep 21, 2026.

Performance, window by window

QYLD and XSPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QYLDXSPIQYLDXSPIQYLDXSPI
3 months+3.2%+3.7%3.0%4.2%+5.7 pts+1.4 pts
6 months+14.5%+20.0%6.3%9.2%−9.7 pts+1.9 pts
1 year+23.0%not published12.5%not published+1.2 ptsnot published
3 years+55.3%not published36.6%not published−42.9 ptsnot published
Since launch+198.3%+11.6%116.0%11.1%−644.6 pts+0.2 pts
Open the live comparison on ETFIQ
QYLD and XSPI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
QYLD
Global X NASDAQ 100 Covered Call ETF
Covered call on QQQ, paying monthly
XSPI
NEOS Boosted S&P 500(R) High Income ETF
Option income on SPY, paying monthly
IssuerGlobal XNEOS
Strategycovered calloption income
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized11.8%17.1%
Expense ratio0.60%0.98%
Cash paid, 1 year12.5%11.1% (since launch on Feb 3, 2026)
Price change, 1 year+9.1%−0.3%
Total return, 1 year+23.0%+11.6% (since launch on Feb 3, 2026)
Benchmark return, 1 year+21.8%+11.3%
Ahead or behind+1.2 pts+0.2 pts
Return of capital, latest estimate100%99%
Age4663 days227 days
Net assets$8.5bn$113m

QYLD in plain words

Over the year to Sep 18, 2026, QYLD paid 12.5% of its starting value in cash distributions while its price rose 9.1%. With every distribution reinvested, the fund returned +23.0%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was ahead by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.8%, paid monthly. Global X estimates that 100% 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).

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, QYLD or XSPI?
QYLD charges 0.60% a year and XSPI charges 0.98%, so QYLD 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.

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

How every figure is computed · Standards and sources