{"url":"https://etfiq.com/compare/income/spyi-vs-tpay","section":"compare","title":"SPYI vs TPAY: Dividend Yield & Total Return | ETFIQ","description":"SPYI paid 12.1% in cash each over its own window and TPAY 6.6%. Total return with distributions reinvested was +14.0% against +11.6%, to Nov 4, 2026.","as_of":"Nov 4, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which is cheaper, SPYI or TPAY?","acceptedAnswer":{"@type":"Answer","text":"SPYI charges 0.68% a year and TPAY charges 0.49%, so TPAY is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Income ETFs","item":"https://etfiq.com/income/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"SPYI vs TPAY","item":"https://etfiq.com/compare/income/spyi-vs-tpay"}]},{"@type":"WebPage","name":"SPYI vs TPAY: Dividend Yield & Total Return","description":"SPYI paid 12.1% in cash each over its own window and TPAY 6.6%. Total return with distributions reinvested was +14.0% against +11.6%, to Nov 4, 2026.","url":"https://etfiq.com/compare/income/spyi-vs-tpay","dateModified":"2026-11-04","abstract":"SPYI and TPAY both write options for income.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of SPYI and TPAY","description":"SPYI paid 12.1% in cash each over its own window and TPAY 6.6%. Total return with distributions reinvested was +14.0% against +11.6%, to Nov 4, 2026.","dateModified":"2026-11-04","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/income/spyi-vs-tpay","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/income.json"}],"variableMeasured":["Cash paid","Price change","Total return with distributions reinvested","Benchmark total return","Ahead or behind in percentage points","Distribution rate","Return of capital estimate","Expense ratio"],"keywords":["exchange-traded funds","ETF","Income ETFs","fund data","SEC filings"]}],"characters":6446,"truncated":true,"content":"ETFIQ / Income ETFs / Compare ETFs / SPYI vs TPAY \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Nov 4, 2026 .\n\n SPYI vs TPAY: Dividend Yield & Total Return\n\n SPYI and TPAY both write options for income.\n Copy this for sharing \n \n TPAY costs 0.19 points a year less; SPYI is far larger, $12.7bn against $2.1m.\n SPYI and TPAY at a glance. As of Nov 4, 2026. Source: ETFIQ. SPYI TPAY \n Expense ratio 0.68% 0.49% \n Net assets, as of Oct 28, 2026 $12.7bn $2.1m \n Total return, 1 year +14.0% not published \n Benchmark S&P 500, measured through SPY Vanguard S&P 500 ETF, measured through VOO \n Hold","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, SPYI against TPAY, data as of Nov 4, 2026. https://etfiq.com/compare/income/spyi-vs-tpay","a":{"ticker":"SPYI","name":"NEOS S&P 500 High Income ETF","issuer":"NEOS","desk":"income","as_of":"2026-11-04","verdict":"Over the year to Nov 4, 2026, SPYI paid 12.1% in cash and returned 14.0% in total, against 14.8% for SPY.","url":"https://etfiq.com/funds/spyi","key_facts":[{"label":"Cash paid, 1 year, on its starting price","value":"12.1%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Total return, 1 year","value":"+14.0%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against SPY","value":"\u22120.8 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Return of capital, latest payout (NEOS estimate)","value":"99.0%","as_of":"2026-11-04","source":"NEOS estimate"},{"label":"Last payment (paid monthly), ex-date Oct 21, 2026","value":"$0.5087","as_of":"2026-10-21","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$12.7bn","as_of":"2026-10-28","source":"issuer page, as of Oct 28, 2026"},{"label":"Expense ratio","value":"0.68%","as_of":"2026-04-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"b":{"ticker":"TPAY","name":"Roundhill S&P 500 Target 10 Managed Distribution ETF","issuer":"Roundhill","desk":"income","as_of":"2026-11-04","verdict":"Since launch in Feb 2026, TPAY paid 6.6% in cash and returned 11.6% in total, against 12.6% for VOO.","url":"https://etfiq.com/funds/tpay","key_facts":[{"label":"Cash paid, since launch, on its starting price","value":"6.6%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Total return, since launch","value":"+11.6%","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Against VOO","value":"\u22121.0 pts","as_of":"2026-11-04","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Return of capital, latest payout (Roundhill estimate)","value":"100.0%","as_of":"2026-11-04","source":"Roundhill estimate"},{"label":"Last payment (paid monthly), ex-date Oct 14, 2026","value":"$0.4218","as_of":"2026-10-14","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$2.1m","as_of":"2026-11-04","source":"the issuer\u2019s own daily fund list, as of Nov 4, 2026"},{"label":"Expense ratio","value":"0.49%","as_of":"2026-04-30","source":"485BPOS XBRL, Apr 30, 2026"}]},"overlap_pct":0,"full_text_at":"https://etfiq.com/compare/income/spyi-vs-tpay"}