Which is cheaper, XRMI or YSPC?

XRMI charges 0.60% a year and YSPC charges 1.01%, so XRMI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

XRMI vs YSPC: Dividend Yield & Total Return

XRMI and YSPC both write options for income.

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Net assets: $62m on Oct 12, 2026 for Global X S&P 500 Risk Managed Income ETF, and $42m on Nov 3, 2026 for YieldMax SPCX Option Income Strategy ETF.

XRMI on its own →YSPC on its own →

At a glance

11.9%

XRMI cash paid, 1 year

16.7%

YSPC cash paid, since launch, Jul 15, 2026

+8.7%

XRMI total return, 1 year

−2.1%

YSPC total return, since launch, Jul 15, 2026

XRMI · 1 year to Nov 4, 2026 6.1 pts behind SPY

XRMI

+8.7%

SPY

+14.8%

6.1 pts behind SPY

XRMI over 1 year: paid 11.9%, price −3.8%, total +8.7%, SPY +14.8%, −6.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

XRMI

+8.7%

11.9% of it arrived as cash

6.1 pts behind SPY

Total return, distributions reinvested

6.1 pts behind SPY

XRMI over 1 year: paid 11.9%, price −3.8%, total +8.7%, SPY +14.8%, −6.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

XRMI

+8.7%

6.1 pts behind SPY

11.9% of it arrived as cash. Total return, distributions reinvested. XRMI over 1 year: paid 11.9%, price −3.8%, total +8.7%, SPY +14.8%, −6.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

YSPC · since launch to Nov 4, 2026 2.6 pts behind SPCX

YSPC

−2.1%

SPCX

+0.5%

2.6 pts behind SPCX

YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

SPCX

+0.5%

YSPC

−2.1%

2.6 pts behind SPCX

Total return, distributions reinvested

2.6 pts behind SPCX

YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

SPCX

+0.5%

YSPC

−2.1%

2.6 pts behind SPCX

16.7% of it arrived as cash. Both charts share one scale, with zero at the line. YSPC since launch: paid 16.7%, price −18.2%, total −2.1%, SPCX +0.5%, −2.6 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

XRMI costs 0.41 points a year less; XRMI is 1.7 times larger.

Points (pts) are percentage points.

XRMI vs YSPC: Dividend Yield & Total Return
Measure	XRMI	YSPC
Paid and earned
Measure	XRMI	YSPC
Total return, 1 year	+8.7%	not published
Price change	fell 3.8% (1 year)	fell 18.2% (since Jul 15, 2026)
Return of capital, issuer estimate	95% of the Sep 24, 2026 payment
Against its benchmark
Measure	XRMI	YSPC
Benchmark	S&P 500, measured through SPY	Space Exploration Technologies (SPCX)
Cost and size
Measure	XRMI	YSPC
Expense ratio	0.60%	1.01%
Net assets, as of Oct 12, 2026	$62m	$37m
Holdings
Measure	XRMI	YSPC
Holdings in common	0%

Method

What they share

By the books each fund has filed, XRMI and YSPC hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first XRMI YSPC

Only in one fund ↓

Only in XRMI

NVIDIA CORPORATION 7.63%

APPLE INC. 7.12%

MICROSOFT CORPORATION 5.42%

AMAZON.COM, INC. 4.17%

ALPHABET INC. 3.28%

BROADCOM INC. 2.89%

ALPHABET INC. 2.64%

META PLATFORMS, INC. 1.92%

Only in YSPC

United States Treasury Note/Bond 2.375% 05/15/2027 29.45%

United States Treasury Note/Bond 3.375% 09/15/2027 13.87%

SPCX 11/20/2026 165.01 C 0.32%

SPCX US 11/06/26 C145 0.13%

SPCX US 11/06/26 C146 0.11%

SPCX US 11/06/26 C141 -0.11%

SPCX US 11/06/26 C140 -0.72%

SPCX 11/20/2026 165.01 P -21.73%

Check overlap with more funds →

Side by side

XRMI Global X S&P 500 Risk Managed Income ETF · Option income on SPY, paying monthly YSPC YieldMax SPCX Option Income Strategy ETF · Synthetic covered call on SPCX, paying weekly

Issuer Global X YieldMax

Strategy option income synthetic covered call

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

Pays monthly weekly

Payout rate, annualized 10.6% 60.1%

Expense ratio 0.60% 1.01%

Cash paid, 1 year 11.9% 16.7% (since launch, Jul 15, 2026)

Price change, 1 year −3.8% −18.2% (since launch, Jul 15, 2026)

Total return, 1 year +8.7% −2.1% (since launch, Jul 15, 2026)

Benchmark return, 1 year +14.8% +0.5% (since launch, Jul 15, 2026)

Ahead or behind −6.1 pts −2.6 pts (since launch, Jul 15, 2026)

Return of capital, latest estimate 95% not published

Age 5.2 years 112 days

Net assets, XRMI as of Oct 12, 2026 and YSPC as of Nov 3, 2026 $62m $42m

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: XRMI vs YSPC: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	XRMI	YSPC	XRMI	YSPC	XRMI	YSPC
3 months	+1.6%	+11.7%	2.9%	18.2%	+1.8 pts	−13.8 pts
6 months	+5.4%	–	6.0%	–	+0.4 pts	–
1 year	+8.7%	–	11.9%	–	−6.1 pts	–
3 years	+30.8%	–	35.1%	–	−52.2 pts	–
Since launchNot the same days: XRMI Aug 2021 · YSPC Jul 2026	+17.6%	−2.1%	45.0%	16.7%	−66.7 pts	−2.5 pts

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Alert

About each fund

XRMI

Over the year to Nov 4, 2026, XRMI paid 11.9% of its starting value in cash distributions while its price fell 3.8%. With every distribution reinvested, the fund returned +8.7%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 6.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 10.6%, paid monthly. Global X estimates that 95% of the distribution paid Sep 24, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

YSPC

Over the period from its first trade on Jul 15, 2026 to Nov 4, 2026, YSPC paid 16.7% of its starting value in cash distributions while its price fell 18.2%. With every distribution reinvested, the fund returned −2.1%. Space Exploration Technologies (SPCX) returned +0.5% over the same days, so a holder was behind by 2.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 60.1%, paid weekly.

Questions people ask

Which is cheaper, XRMI or YSPC?: XRMI charges 0.60% a year and YSPC charges 1.01%, so XRMI is cheaper. Fees come from each fund's prospectus.

Other comparisons

XRMI vs XVSP XRMI vs YQQQ XRMI vs YLDE XRMI vs FGSI YSPC vs ACSP YSPC vs ACKY YSPC vs BIGY YSPC vs APRJ

Where to next

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

Sources and dates

XRMI filings on SEC EDGAR ↗

XRMI prospectus with the expense ratio (SEC) ↗

XRMI 19a-1 distribution notice ↗

Global X page for XRMI ↗

YSPC filings on SEC EDGAR ↗

YSPC prospectus with the expense ratio (SEC) ↗

YSPC 19a-1 distribution notice ↗

YieldMax page for YSPC ↗

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, XRMI against YSPC, data as of Nov 4, 2026. https://etfiq.com/compare/income/xrmi-vs-yspc

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