Data as of Nov 4, 2026.
SPYI vs XSHP: Dividend Yield & Total Return
SPYI and XSHP both write options for income.
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Net assets: $12.7bn on Oct 28, 2026 for NEOS S&P 500 High Income ETF, and $11m on Nov 3, 2026 for Kurv SpaceX Enhanced Income ETF.
0.8 pts behind SPY
SPYI over 1 year: paid 12.1%, price +1.1%, total +14.0%, SPY +14.8%, −0.8 pts. Data to Nov 4, 2026.
SPY
+14.8%
SPYI
+14.0%
12.1% of it arrived as cash
0.8 pts behind SPY
Total return, distributions reinvested
0.8 pts behind SPY
SPYI over 1 year: paid 12.1%, price +1.1%, total +14.0%, SPY +14.8%, −0.8 pts. Data to Nov 4, 2026.
SPY
+14.8%
SPYI
+14.0%
0.8 pts behind SPY
12.1% of it arrived as cash. Total return, distributions reinvested. SPYI over 1 year: paid 12.1%, price +1.1%, total +14.0%, SPY +14.8%, −0.8 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Not measured
XSHP since launch: paid 11.3%, price −32.7%, total −21.1%, not measured against a benchmark. Data to Nov 4, 2026.
XSHP
−21.1%
Total return, distributions reinvested
Not measured
XSHP since launch: paid 11.3%, price −32.7%, total −21.1%, not measured against a benchmark. Data to Nov 4, 2026.
XSHP
−21.1%
11.3% of it arrived as cash. Both charts share one scale, with zero at the line. XSHP since launch: paid 11.3%, price −32.7%, total −21.1%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
SPYI costs 0.31 points a year less.
Points (pts) are percentage points.
| Measure | SPYI | XSHP |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +14.0% | not published |
| Price change | rose 1.1% (1 year) | fell 32.7% (since Jun 17, 2026) |
| Return of capital, issuer estimate | 99% of the Oct 23, 2026 payment | 92% of the Oct 8, 2026 payment |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | not published |
| Cost and size | ||
| Expense ratio | 0.68% | 0.99% |
| Net assets, SPYI as of Oct 28, 2026 and XSHP as of Nov 3, 2026 | $12.7bn | $11m |
| Holdings | ||
| Holdings in common | 0% | |
Risk and return
Jun 26, 2026 to Oct 30, 2026 · 18 weekly returnsFrom Jun 2026 to Oct 2026, SPYI returned more: +4.9% to −2.7%. SPYI fell less at its worst: −2.2% to −30.2%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | SPYI | XSHP | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +4.9% | −2.7% | SPYI | Price change plus distributions, reinvested. |
| Price return | +0.8% | −14.7% | SPYI | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −2.2% | −30.2% | SPYI | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 18 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, SPYI and XSHP hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | SPYI | XSHP | SPYI | XSHP | SPYI | XSHP |
| 3 months | +1.1% | +31.3% | 2.9% | 11.2% | +1.3 pts | not measured |
| 6 months | +5.8% | – | 6.0% | – | +0.7 pts | – |
| 1 year | +14.0% | – | 12.1% | – | −0.8 pts | – |
| 3 years | +62.0% | – | 39.3% | – | −20.9 pts | – |
| Since launchNot the same days: SPYI Aug 2022 · XSHP Jun 2026 | +78.5% | −21.1% | 51.3% | 11.3% | −25.2 pts | not measured |
– means no data for this window. Open this comparison in the app →
No client brief for this pair: ETFIQ prints no one-year total return for XSHP.
SPYI
Over the year to Nov 4, 2026, SPYI paid 12.1% of its starting value in cash distributions while its price rose 1.1%. With every distribution reinvested, the fund returned +14.0%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 0.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 11.5%, paid monthly. NEOS estimates that 99% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
XSHP
Over the period from its first trade on Jun 17, 2026 to Nov 4, 2026, XSHP paid 11.3% of its starting value in cash distributions while its price fell 32.7%. With every distribution reinvested, the fund returned −21.1%. At its price on Nov 4, 2026 the latest distribution annualizes to 33.7%, paid monthly. Kurv estimates that 92% of the distribution paid Oct 8, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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.
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ETFIQ, SPYI against XSHP, data as of Nov 4, 2026. https://etfiq.com/compare/income/spyi-vs-xshp
ETFIQ. (Nov 4, 2026). SPYI against XSHP. Retrieved from https://etfiq.com/compare/income/spyi-vs-xshp
[SPYI against XSHP (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/spyi-vs-xshp)
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