XDTE vs SPYI: Dividend Yield, Total Return & Fees Compared
S&P 500® 0DTE Covered Call StrategyNEOS S&P 500 High Income
Data as of the close · refreshed automatically every trading day
Performance: XDTE vs SPYI
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.comXDTE vs SPYI at a glance
This page compares S&P 500® 0DTE Covered Call Strategy (XDTE) with NEOS S&P 500 High Income (SPYI) 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 +12.99% for XDTE. XDTE currently yields 29.86% (trailing 12-month) against 12.08% for SPYI.
The higher-yielding fund (XDTE) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.
| Metric | XDTE | SPYI |
|---|---|---|
| Last close | $37.19 | $52.33 |
| Dividend yield | 29.86% (TTM) | 12.08% (TTM) |
| Expense ratio | 0.95% | 0.68% |
| Pays | weekly | monthly |
| Dividends, last 12 months | $11.10 (52 payments) | $6.32 (12 payments) |
| Issuer | Roundhill Investments | NEOS Investments |
| 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 672 shared trading dates from March 7, 2024 to November 9, 2026, the largest observed peak-to-trough decline with dividends reinvested was -19.02% for XDTE and -16.46% for SPYI. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.
XDTE's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.0591 to $2.05 per share across 52 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
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.
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.
| XDTE | SPYI | ||
|---|---|---|---|
| Nov 5, 2026 | $0.1095 | Oct 21, 2026 | $0.5087 |
| Oct 29, 2026 | $0.0905 | Sep 16, 2026 | $0.5338 |
| Oct 22, 2026 | $0.1118 | Aug 19, 2026 | $0.5423 |
| Oct 15, 2026 | $0.144 | Jul 22, 2026 | $0.530 |
| Oct 8, 2026 | $0.1111 | Jun 16, 2026 | $0.531 |
| Oct 1, 2026 | $0.1107 | May 20, 2026 | $0.5353 |
| Sep 24, 2026 | $0.1107 | Apr 22, 2026 | $0.5247 |
| Sep 17, 2026 | $0.1119 | Mar 18, 2026 | $0.5104 |
| Sep 10, 2026 | $0.1303 | Feb 18, 2026 | $0.5219 |
| Sep 3, 2026 | $0.1494 | Jan 21, 2026 | $0.5309 |
| Aug 27, 2026 | $0.0978 | Dec 24, 2025 | $0.5316 |
| Aug 20, 2026 | $0.1841 | Nov 26, 2025 | $0.5216 |
XDTE vs SPYI: common questions
Which pays a higher dividend, XDTE or SPYI?
As of November 9, 2026, XDTE yields 29.86% (trailing 12-month) and SPYI yields 12.08% (trailing 12-month), so XDTE currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, XDTE or SPYI?
Over the past year with dividends reinvested, XDTE returned +12.99% and SPYI returned +13.07%. Past performance does not predict future results.
What would $10,000 in XDTE vs SPYI be worth after one year?
With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $11,299 in XDTE and $11,307 in SPYI.
Which is cheaper to own, XDTE or SPYI?
SPYI has the lower expense ratio at 0.68% a year, compared with 0.95% for XDTE. On $10,000 that is roughly $68 vs $95 a year.
How often do XDTE and SPYI pay dividends?
XDTE pays weekly (52 payments in the last 12 months) and SPYI pays monthly (12 payments).
Is XDTE or SPYI 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 XDTE and SPYI beyond the yield
Payment frequency describes the schedule, not the sustainability of income. Compare the range of recorded payments, drawdowns and total return, and review the issuer's option strategy separately.
Review S&P 500® 0DTE Covered Call Strategy (XDTE) payment history and NEOS S&P 500 High Income (SPYI) 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 XDTE and SPYI.
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.