Data as of .
SPIN vs XSPI: which paid, and which earned it?
SPIN and XSPI both write options for income.
What they hold in common
By the books each fund has filed, SPIN and XSPI hold 60% of their money in the same securities at the same weight.
| Holding | SPIN | XSPI |
|---|---|---|
| NVIDIA CORP | 9.87% | 8.50% |
| APPLE INC | 6.03% | 7.83% |
| MICROSOFT CORP | 7.06% | 5.80% |
| AMAZON.COM INC | 4.87% | 3.94% |
| ALPHABET INC CL A | 5.65% | 3.24% |
| BROADCOM INC | 3.23% | 2.65% |
| META PLATFORMS INC CLASS A | 3.14% | 2.25% |
| MICRON TECHNOLOGY INC | 2.91% | 1.75% |
| JPMORGAN CHASE + CO | 2.09% | 1.47% |
| ELI LILLY + CO | 2.00% | 1.42% |
| ADVANCED MICRO DEVICES | 2.61% | 1.40% |
| EXXONMOBIL HOLDINGS CORP | 2.07% | 1.08% |
| Only in SPIN | Only in XSPI |
|---|---|
| ASTRAZENECA PLC 0.94% | SPX US 10/16/26 C7500 1.39% |
| TETRA TECH INC 0.25% | Intel Corp 0.79% |
| SSI US GOV MONEY MARKET CLASS 0.24% | AbbVie Inc 0.73% |
| SNOWFLAKE INC 0.20% | Cisco Systems Inc 0.68% |
| API GROUP CORP 0.18% | Chevron Corp 0.61% |
| MONGODB INC 0.18% | Caterpillar Inc 0.56% |
| MASTEC INC 0.18% | Coca-Cola Co/The 0.55% |
| REPLIGEN CORP 0.13% | UnitedHealth Group Inc 0.55% |
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 | XSPI | SPIN | XSPI | SPIN | XSPI | |
| 3 months | +3.7% | +3.7% | 0.8% | 4.2% | +1.4 pts | +1.4 pts |
| 6 months | +12.3% | +20.0% | 3.2% | 9.2% | −5.8 pts | +1.9 pts |
| 1 year | +11.3% | not published | 5.2% | not published | −5.2 pts | not published |
| Since launch | +28.5% | +11.6% | 15.2% | 11.1% | −13.7 pts | +0.2 pts |
| SPIN State Street(R) US Equity Premium Income ETF Covered call on SPY, paying monthly | XSPI NEOS Boosted S&P 500(R) High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | State Street | NEOS |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 2.7% | 17.1% |
| Expense ratio | 0.25% | 0.98% |
| Cash paid, 1 year | 5.2% | 11.1% (since launch on Feb 3, 2026) |
| Price change, 1 year | +5.8% | −0.3% |
| Total return, 1 year | +11.3% | +11.6% (since launch on Feb 3, 2026) |
| Benchmark return, 1 year | +16.6% | +11.3% |
| Ahead or behind | −5.2 pts | +0.2 pts |
| Return of capital, latest estimate | not published | 99% |
| Age | 743 days | 227 days |
| Net assets | $48m | $113m |
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.
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, SPIN or XSPI?
- SPIN charges 0.25% a year and XSPI 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 XSPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/spin-vs-xspi Free to use with attribution; the underlying files are at Open data.