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Data as of .

ROCY vs SPYI: which paid, and which earned it?

ROCY and SPYI both write options for income.

JPMorgan Equity Premium Yield ETF and NEOS S&P 500(R) High Income ETF.

3.6%ROCY cash paid, 1 year
13.1%SPYI cash paid, 1 year
+13.5%ROCY total return, 1 year
+15.3%SPYI total return, 1 year
ROCY2.9 pts behind SPY · since launch to Sep 18, 2026
SPY+16.4%ROCY+13.5%3.6% as cash2.9 pts behind SPYTotal return, distributions reinvestedSPY+16.4%ROCY+13.5%2.9 pts behind SPY
SPYI1.2 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%SPYI+15.3%13.1% of it arrived as cash1.2 pts behind SPYTotal return, distributions reinvestedSPY+16.6%SPYI+15.3%13.1% as cash1.2 pts behind SPY

What they hold in common

By the books each fund has filed, ROCY and SPYI hold 57% of their money in the same securities at the same weight.

Positions ROCY and SPYI both hold, largest shared weight first
HoldingROCYSPYI
NVIDIA Corp.8.37%8.28%
Apple, Inc.6.71%7.52%
Microsoft Corp.4.97%5.62%
Amazon.com, Inc.4.15%3.82%
Alphabet, Inc.5.33%3.12%
Broadcom, Inc.2.61%2.59%
Meta Platforms, Inc.2.43%2.22%
Micron Technology, Inc.3.00%1.74%
Tesla, Inc.1.55%1.58%
Eli Lilly & Co.1.47%1.42%
Advanced Micro Devices, Inc.1.69%1.41%
Berkshire Hathaway, Inc.0.73%1.43%
Only in each
Only in ROCYOnly in SPYI
Exxon Mobil Corp. 1.63%Alphabet Inc 2.50%
ASML Holding NV 0.57%JPMORGAN CHASE & CO. 1.43%
Performance Food Group Co. 0.50%ExxonMobil Holdings Corp 1.03%
Axalta Coating Systems Ltd. 0.34%Visa Inc 0.93%
Elanco Animal Health, Inc. 0.33%Cisco Systems Inc 0.67%
First Citizens BancShares, Inc. 0.31%Chevron Corp 0.60%
BJ's Wholesale Club Holdings, Inc. 0.29%Caterpillar Inc 0.57%
Fidelity National Information Services, 0.16%Merck & Co Inc 0.56%

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

ROCY and SPYI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
ROCYSPYIROCYSPYIROCYSPYI
3 months+2.6%+3.1%1.7%3.0%+0.3 pts+0.9 pts
6 months+14.8%+14.4%3.7%6.5%−3.3 pts−3.6 pts
1 yearnot published+15.3%not published13.1%not published−1.2 pts
3 yearsnot published+57.2%not published38.6%not published−21.2 pts
Since launch+13.5%+77.1%3.6%50.3%−2.9 pts−25.3 pts
Open the live comparison on ETFIQ
ROCY and SPYI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
ROCY
JPMorgan Equity Premium Yield ETF
Covered call on SPY, paying monthly
SPYI
NEOS S&P 500(R) High Income ETF
Option income on SPY, paying monthly
IssuerJPMorganNEOS
Strategycovered calloption income
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized5.7%12.1%
Expense ratio0.35%0.68%
Cash paid, 1 year3.6% (since launch on Mar 19, 2026)13.1%
Price change, 1 year+9.7%+1.2%
Total return, 1 year+13.5% (since launch on Mar 19, 2026)+15.3%
Benchmark return, 1 year+16.4%+16.6%
Ahead or behind−2.9 pts−1.2 pts
Return of capital, latest estimatenot published93%
Age183 days1480 days
Net assets$726m$12.2bn

ROCY in plain words

Over the period since launch on Mar 19, 2026 to Sep 18, 2026, ROCY paid 3.6% of its starting value in cash distributions while its price rose 9.7%. With every distribution reinvested, the fund returned +13.5%. S&P 500 (SPY), used as a default proxy returned +16.4% over the same days, so a holder was behind by 2.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.7%, 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 is cheaper, ROCY or SPYI?
ROCY charges 0.35% a year and SPYI charges 0.68%, so ROCY 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.

ROCY against SPYI, 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, ROCY against SPYI, data as of Sep 18, 2026. https://etfiq.com/compare/income/rocy-vs-spyi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources