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ETFIQetfiq.com · independent ETF data

Data as of .

XSHP vs XSPI: which paid, and which earned it?

XSHP and XSPI both write options for income.

Kurv SpaceX (SPAX) Enhanced Income ETF and NEOS Boosted S&P 500(R) High Income ETF.

7.3%XSHP cash paid, 1 year
11.1%XSPI cash paid, 1 year
−13.1%XSHP total return, 1 year
+11.6%XSPI total return, 1 year
XSHP16.4 pts behind SPY · since launch to Sep 18, 2026
SPY+3.3%XSHP−13.1%16.4 pts behind SPYTotal return, distributions reinvestedSPY+3.3%XSHP−13.1%16.4 pts behind SPY
XSPIAbout even with SPY · since launch to Sep 18, 2026
SPY+11.3%XSPI+11.6%11.1% of it arrived as cashabout even with SPYTotal return, distributions reinvestedSPY+11.3%XSPI+11.6%about even with SPY

Performance, window by window

XSHP and XSPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
XSHPXSPIXSHPXSPIXSHPXSPI
3 months−11.0%+3.7%7.4%4.2%−13.3 pts+1.4 pts
6 monthsnot published+20.0%not published9.2%not published+1.9 pts
Since launch−13.1%+11.6%7.3%11.1%−16.4 pts+0.2 pts
Open the live comparison on ETFIQ
XSHP and XSPI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
XSHP
Kurv SpaceX (SPAX) Enhanced Income ETF
Covered call on SPY, paying monthly
XSPI
NEOS Boosted S&P 500(R) High Income ETF
Option income on SPY, paying monthly
IssuerKurvNEOS
Strategycovered calloption income
BenchmarkS&P 500 (SPY), used as the proxyS&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized33.5%17.1%
Expense ratio0.99%0.98%
Cash paid, 1 year7.3% (since launch on Jun 17, 2026)11.1% (since launch on Feb 3, 2026)
Price change, 1 year−21.8%−0.3%
Total return, 1 year−13.1% (since launch on Jun 17, 2026)+11.6% (since launch on Feb 3, 2026)
Benchmark return, 1 year+3.3%+11.3%
Ahead or behind−16.4 pts+0.2 pts
Return of capital, latest estimate94%99%
Age93 days227 days
Net assets$7m$113m

XSHP in plain words

Over the period since launch on Jun 17, 2026 to Sep 18, 2026, XSHP paid 7.3% of its starting value in cash distributions while its price fell 21.8%. With every distribution reinvested, the fund returned −13.1%. S&P 500 (SPY), used as the proxy returned +3.3% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 33.5%, paid monthly. Kurv estimates that 94% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

XSPI in plain words

Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XSPI paid 11.1% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +11.6%. S&P 500 (SPY) returned +11.3% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 17.1%, paid monthly. NEOS estimates that 99% of the distribution paid Jul 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, XSHP or XSPI?
XSHP charges 0.99% a year and XSPI charges 0.98%, so XSPI 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.

XSHP against XSPI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, XSHP against XSPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/xshp-vs-xspi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources