SPYI vs GPIQ: Dividend Yield, Total Return & Fees Compared
NEOS S&P 500 High IncomeGoldman Sachs Nasdaq-100 Core Premium Income ETF
Data as of the close · refreshed automatically every trading day
Performance: SPYI vs GPIQ
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026
DividendDuel.comSPYI vs GPIQ at a glance
This page compares NEOS S&P 500 High Income (SPYI) with Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) using prices and distributions through November 9, 2026. The numbers update automatically after each trading session.
With dividends reinvested, SPYI has led over the last 12 months at +13.07% versus +12.18% for GPIQ. SPYI currently yields 12.08% (trailing 12-month) against 10.89% for GPIQ.
SPYI leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.
| Metric | SPYI | GPIQ |
|---|---|---|
| Last close | $52.33 | $52.93 |
| Dividend yield | 12.08% (TTM) | 10.89% (TTM) |
| Expense ratio | 0.68% | 0.35% |
| Pays | monthly | monthly |
| Dividends, last 12 months | $6.32 (12 payments) | $5.76 (12 payments) |
| Issuer | NEOS Investments | Goldman Sachs |
| Inception | — | — |
Overview
Key fund stats as of the latest close.
Total returns
Price change plus dividends paid, by holding period. Best in each period is outlined.
Downside and distribution variability
Income and ending returns do not describe the whole investment experience.
Across 762 shared trading dates from October 26, 2023 to November 9, 2026, the largest observed peak-to-trough decline with dividends reinvested was -16.46% for SPYI and -21.05% for GPIQ. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.
SPYI's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.5087 to $0.5423 per share across 12 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
GPIQ's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.4319 to $0.5192 per share across 12 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.
Recent distributions
The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.
| SPYI | GPIQ | ||
|---|---|---|---|
| Oct 21, 2026 | $0.5087 | Nov 2, 2026 | $0.4715 |
| Sep 16, 2026 | $0.5338 | Oct 1, 2026 | $0.5088 |
| Aug 19, 2026 | $0.5423 | Sep 1, 2026 | $0.4968 |
| Jul 22, 2026 | $0.530 | Aug 3, 2026 | $0.4862 |
| Jun 16, 2026 | $0.531 | Jul 1, 2026 | $0.5191 |
| May 20, 2026 | $0.5353 | Jun 1, 2026 | $0.5192 |
| Apr 22, 2026 | $0.5247 | May 1, 2026 | $0.4833 |
| Mar 18, 2026 | $0.5104 | Apr 1, 2026 | $0.4319 |
| Feb 18, 2026 | $0.5219 | Mar 2, 2026 | $0.4527 |
| Jan 21, 2026 | $0.5309 | Feb 2, 2026 | $0.4655 |
| Dec 24, 2025 | $0.5316 | Jan 2, 2026 | $0.4633 |
| Nov 26, 2025 | $0.5216 | Dec 1, 2025 | $0.4652 |
SPYI vs GPIQ: common questions
Which pays a higher dividend, SPYI or GPIQ?
As of November 9, 2026, SPYI yields 12.08% (trailing 12-month) and GPIQ yields 10.89% (trailing 12-month), so SPYI currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, SPYI or GPIQ?
Over the past year with dividends reinvested, SPYI returned +13.07% and GPIQ returned +12.18%. Past performance does not predict future results.
What would $10,000 in SPYI vs GPIQ be worth after one year?
With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $11,307 in SPYI and $11,218 in GPIQ.
Which is cheaper to own, SPYI or GPIQ?
GPIQ has the lower expense ratio at 0.35% a year, compared with 0.68% for SPYI. On $10,000 that is roughly $35 vs $68 a year.
How often do SPYI and GPIQ pay dividends?
SPYI pays monthly (12 payments in the last 12 months) and GPIQ pays monthly (12 payments).
Is SPYI or GPIQ the better investment?
It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.
Research SPYI and GPIQ beyond the yield
Read the strategy notes alongside the payout record. Compare the income received with total return and downside over the same dates, then review how each issuer implements its option overlay.
Review NEOS S&P 500 High Income (SPYI) payment history and Goldman Sachs Nasdaq-100 Core Premium Income ETF (GPIQ) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.
For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.
Related comparisons
More side-by-side comparisons with SPYI and GPIQ.
Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.