Data as of .
TPAY vs XIJN: which paid, and which earned it?
TPAY and XIJN both write options for income.
What they hold in common
By the books each fund has filed, TPAY and XIJN hold 0% of their money in the same securities at the same weight.
| Only in TPAY | Only in XIJN |
|---|---|
| SPY 03/12/2027 33.67 C 61.75% | 2027-06-17 State Street® SPDR® S&P 500® ETF Trust C 0.07 100.51% |
| SPY 04/16/2027 33.18 C 33.20% | 2027-06-17 State Street® SPDR® S&P 500® ETF Trust P 746.73 3.76% |
| SPYM 03/12/2027 3.33 C 5.05% | US Dollar 0.76% |
| U.S. Treasury Bill, 0%, due 10/01/2026 0.56% | |
| U.S. Treasury Bill, 0%, due 10/29/2026 0.56% | |
| U.S. Treasury Bill, 0%, due 01/21/2027 0.55% | |
| U.S. Treasury Bill, 0%, due 02/18/2027 0.55% | |
| U.S. Treasury Bill, 0%, due 03/18/2027 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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| TPAY | XIJN | TPAY | XIJN | TPAY | XIJN | |
| 3 months | +1.5% | +1.8% | 2.4% | 1.1% | −0.8 pts | −0.4 pts |
| 6 months | +17.3% | +4.0% | 5.3% | 3.5% | −0.7 pts | −14.0 pts |
| 1 year | not published | +6.2% | not published | 6.9% | not published | −10.3 pts |
| Since launch | +11.0% | +16.6% | 5.8% | 14.7% | −0.8 pts | −27.4 pts |
| TPAY Roundhill S&P 500 Target 10 Managed Distribution ETF Option income on SPY, paying monthly | XIJN FT Vest U.S. Equity Buffer & Premium Income ETF - June Buffer with income on SPY, paying monthly | |
|---|---|---|
| Issuer | Roundhill | First Trust |
| Strategy | option income | buffer with income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 9.5% | 6.7% |
| Expense ratio | 0.49% | 0.85% |
| Cash paid, 1 year | 5.8% (since launch on Feb 18, 2026) | 6.9% |
| Price change, 1 year | +4.9% | −0.9% |
| Total return, 1 year | +11.0% (since launch on Feb 18, 2026) | +6.2% |
| Benchmark return, 1 year | +11.8% | +16.6% |
| Ahead or behind | −0.8 pts | −10.3 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 212 days | 816 days |
| Net assets | $2m | $53m |
TPAY in plain words
Over the period since launch on Feb 18, 2026 to Sep 18, 2026, TPAY paid 5.8% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY) returned +11.8% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.5%, paid monthly.
XIJN in plain words
Over the year to Sep 18, 2026, XIJN paid 6.9% of its starting value in cash distributions while its price fell 0.9%. With every distribution reinvested, the fund returned +6.2%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 10.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.7%, paid monthly.
Questions people ask
- Which is cheaper, TPAY or XIJN?
- TPAY charges 0.49% a year and XIJN charges 0.85%, so TPAY 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, TPAY against XIJN, data as of Sep 18, 2026. https://etfiq.com/compare/income/tpay-vs-xijn Free to use with attribution; the underlying files are at Open data.