Data as of .
SPIN vs XQQI: which paid, and which earned it?
SPIN and XQQI both write options for income.
What they hold in common
By the books each fund has filed, SPIN and XQQI hold 51% of their money in the same securities at the same weight.
| Holding | SPIN | XQQI |
|---|---|---|
| NVIDIA CORP | 9.87% | 8.70% |
| APPLE INC | 6.03% | 7.91% |
| MICROSOFT CORP | 7.06% | 5.94% |
| AMAZON.COM INC | 4.87% | 4.39% |
| ALPHABET INC CL A | 5.65% | 3.28% |
| META PLATFORMS INC CLASS A | 3.14% | 3.27% |
| MICRON TECHNOLOGY INC | 2.91% | 5.12% |
| BROADCOM INC | 3.23% | 2.75% |
| ADVANCED MICRO DEVICES | 2.61% | 4.08% |
| APPLIED MATERIALS INC | 1.52% | 1.60% |
| NETFLIX INC | 0.95% | 1.41% |
| LINDE PLC | 0.95% | 0.97% |
| Only in SPIN | Only in XQQI |
|---|---|
| JPMORGAN CHASE + CO 2.09% | Intel Corp 2.44% |
| EXXONMOBIL HOLDINGS CORP 2.07% | Cisco Systems Inc 1.91% |
| ELI LILLY + CO 2.00% | Palo Alto Networks Inc 1.36% |
| VISA INC CLASS A SHARES 1.47% | Sandisk Corp 1.20% |
| AMPHENOL CORP CL A 1.28% | KLA CORP 1.08% |
| BANK OF AMERICA CORP 1.25% | Space Exploration Technologies Corp 1.01% |
| HOME DEPOT INC 1.23% | MARVELL TECHNOLOGY INC 0.99% |
| EMERSON ELECTRIC CO 1.20% | Amgen Inc 0.96% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| SPIN | XQQI | SPIN | XQQI | SPIN | XQQI | |
| 3 months | +3.7% | −2.7% | 0.8% | 4.8% | +1.4 pts | −0.2 pts |
| 6 months | +12.3% | +21.8% | 3.2% | 11.4% | −5.8 pts | −2.4 pts |
| 1 year | +11.3% | not published | 5.2% | not published | −5.2 pts | not published |
| Since launch | +28.5% | +14.3% | 15.2% | 13.7% | −13.7 pts | −2.9 pts |
| SPIN State Street(R) US Equity Premium Income ETF Covered call on SPY, paying monthly | XQQI NEOS Boosted Nasdaq-100(R) High Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | State Street | NEOS |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY) | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 2.7% | 20.5% |
| Expense ratio | 0.25% | 0.98% |
| Cash paid, 1 year | 5.2% | 13.7% (since launch on Feb 3, 2026) |
| Price change, 1 year | +5.8% | −0.3% |
| Total return, 1 year | +11.3% | +14.3% (since launch on Feb 3, 2026) |
| Benchmark return, 1 year | +16.6% | +17.3% |
| Ahead or behind | −5.2 pts | −2.9 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 743 days | 227 days |
| Net assets | $48m | $351m |
SPIN in plain words
Over the year to Sep 18, 2026, SPIN paid 5.2% of its starting value in cash distributions while its price rose 5.8%. With every distribution reinvested, the fund returned +11.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 2.7%, paid monthly.
XQQI in plain words
Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XQQI paid 13.7% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +14.3%. Nasdaq-100 (QQQ) returned +17.3% 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 20.5%, paid monthly. NEOS estimates that 100% 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, SPIN or XQQI?
- SPIN charges 0.25% a year and XQQI charges 0.98%, so SPIN 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, SPIN against XQQI, data as of Sep 18, 2026. https://etfiq.com/compare/income/spin-vs-xqqi Free to use with attribution; the underlying files are at Open data.