Which is cheaper, SPIN or XVSP?

SPIN charges 0.25% a year and XVSP charges 0.85%, so SPIN is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

SPIN vs XVSP: Dividend Yield & Total Return

SPIN and XVSP both write options for income.

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Net assets on Nov 3, 2026: $45m for State Street US Equity Premium Income ETF and $4.5m for FT Vest SPCX & Target Income ETF.

SPIN on its own →XVSP on its own →

At a glance

5.1%

SPIN cash paid, 1 year

2.7%

XVSP cash paid, since launch, Aug 26, 2026

+9.3%

SPIN total return, 1 year

−2.2%

XVSP total return, since launch, Aug 26, 2026

SPIN · 1 year to Nov 4, 2026 5.5 pts behind SPY

SPIN

+9.3%

SPY

+14.8%

5.5 pts behind SPY

SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPIN

+9.3%

5.1% as cash

5.5 pts behind SPY

Total return, distributions reinvested

5.5 pts behind SPY

SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPIN

+9.3%

5.5 pts behind SPY

5.1% of it arrived as cash. Total return, distributions reinvested. SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

XVSP · since launch to Nov 4, 2026 About even with SPCX

XVSP

−2.2%

SPCX

−2.7%

About even with SPCX

XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

SPCX

−2.7%

XVSP

−2.2%

about even with SPCX

Total return, distributions reinvested

About even with SPCX

XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

SPCX

−2.7%

XVSP

−2.2%

about even with SPCX

2.7% of it arrived as cash. Both charts share one scale, with zero at the line. XVSP since launch: paid 2.7%, price −4.6%, total −2.2%, SPCX −2.7%, +0.5 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

SPIN costs 0.60 points a year less; SPIN is 10.0 times larger.

Points (pts) are percentage points.

SPIN vs XVSP: Dividend Yield & Total Return
Measure	SPIN	XVSP
Paid and earned
Measure	SPIN	XVSP
Total return, 1 year	+9.3%	not published
Price change	rose 3.9% (1 year)	fell 4.6% (since Aug 26, 2026)
Return of capital, issuer estimate	97% of the Nov 5, 2026 payment	100% of the Oct 30, 2026 payment
Against its benchmark
Measure	SPIN	XVSP
Benchmark	S&P 500, measured through SPY	Space Exploration Technologies (SPCX)
Cost and size
Measure	SPIN	XVSP
Expense ratio	0.25%	0.85%
Net assets, as of Nov 3, 2026	$45m	$4.5m
Holdings
Measure	SPIN	XVSP
Holdings in common	0%

Method

What they share

By the books each fund has filed, SPIN and XVSP hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SPIN XVSP

Only in one fund ↓

Only in SPIN

NVIDIA CORP 9.22%

MICROSOFT CORP 7.47%

APPLE INC 6.03%

AMAZON.COM INC 4.87%

ALPHABET INC CL A 4.59%

BROADCOM INC 3.37%

META PLATFORMS INC CLASS A 2.93%

ELI LILLY + CO 2.50%

Only in XVSP

2027-01-21 S&P 500® Mini Index P 1,500.03 342.87%

2027-01-21 S&P 500® Mini Index C 500.03 122.35%

Space Exploration Technologies Corp. (Class A) 50.05%

2027-01-21 S&P 500® Mini Index C 1,500.03 0.00%

2027-01-22 Space Exploration Technologies Corp. (Class A) C 1,327.41 0.00%

2027-01-21 S&P 500® Mini Index P 500.03 -0.49%

2026-11-06 Space Exploration Technologies Corp. (Class A) C 135 -0.52%

2027-01-22 Space Exploration Technologies Corp. (Class A) P 1,327.41 -416.73%

Check overlap with more funds →

Side by side

SPIN State Street US Equity Premium Income ETF · Covered call on SPY, paying monthly XVSP FT Vest SPCX & Target Income ETF · Option income on SPCX

Issuer State Street First Trust

Strategy covered call option income

Benchmark S&P 500 (SPY) Space Exploration Technologies (SPCX)

Pays monthly not established

Payout rate, annualized 5.5% 16.6%

Expense ratio 0.25% 0.85%

Cash paid, 1 year 5.1% 2.7% (since launch, Aug 26, 2026)

Price change, 1 year +3.9% −4.6% (since launch, Aug 26, 2026)

Total return, 1 year +9.3% −2.2% (since launch, Aug 26, 2026)

Benchmark return, 1 year +14.8% −2.7% (since launch, Aug 26, 2026)

Ahead or behind −5.5 pts +0.5 pts (since launch, Aug 26, 2026)

Return of capital, latest estimate 97% 100%

Age 2.2 years 70 days

Net assets, as of Nov 3, 2026 $45m $4.5m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: SPIN vs XVSP: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	SPIN	XVSP	SPIN	XVSP	SPIN	XVSP
3 months	+0.8%	–	0.9%	–	+0.9 pts	–
6 months	+6.0%	–	1.9%	–	+1.0 pts	–
1 year	+9.3%	–	5.1%	–	−5.5 pts	–
Since launchNot the same days: SPIN Sep 2024 · XVSP Aug 2026	+30.3%	−2.2%	16.0%	2.7%	−12.9 pts	+0.4 pts

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Alert

About each fund

SPIN

Over the year to Nov 4, 2026, SPIN paid 5.1% of its starting value in cash distributions while its price rose 3.9%. With every distribution reinvested, the fund returned +9.3%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 5.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.5%, paid monthly. State Street estimates that 97% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

XVSP

Over the period from its first trade on Aug 26, 2026 to Nov 4, 2026, XVSP paid 2.7% of its starting value in cash distributions while its price fell 4.6%. With every distribution reinvested, the fund returned −2.2%. Space Exploration Technologies (SPCX) returned −2.7% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 16.6%, paid periodically. First Trust estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, SPIN or XVSP?: SPIN charges 0.25% a year and XVSP charges 0.85%, so SPIN is cheaper. Fees come from each fund's prospectus.

Other comparisons

SPIN vs YSPC SPIN vs FGSI SPIN vs XSHP SPIN vs QVOL XVSP vs ACKY XVSP vs ACSP XVSP vs BIGY XVSP vs APRJ

Where to next

S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →SPIN on its own →XVSP on its own →SPIN dividend history →SPIN holdings →XVSP dividend history →XVSP holdings →Method →Standards and sources →

Sources and dates

SPIN filings on SEC EDGAR ↗

SPIN prospectus with the expense ratio (SEC) ↗

SPIN 19a-1 distribution notice ↗

State Street website ↗

XVSP filings on SEC EDGAR ↗

XVSP prospectus with the expense ratio (SEC) ↗

XVSP 19a-1 distribution notice ↗

First Trust page for XVSP ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, SPIN against XVSP, data as of Nov 4, 2026. https://etfiq.com/compare/income/spin-vs-xvsp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.