BALI vs SPYI: Dividend Yield, Total Return & Fees Compared

iShares Advantage Large Cap IncomeNEOS S&P 500 High Income

Data as of the close · refreshed automatically every trading day

Higher yieldSPYI11.82% vs 7.74%
Better 1-year total returnBALI+19.54% vs +16.64%
Lower expense ratioBALI0.35% vs 0.68%

BALI vs SPYI at a glance

iShares Advantage Large Cap Income (BALI) and NEOS S&P 500 High Income (SPYI) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, BALI returned +19.54% with dividends reinvested, compared with +16.64% for SPYI. SPYI currently yields 11.82% (trailing 12-month) against 7.74% for BALI.

The higher-yielding fund (SPYI) 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.

Key figures for BALI and SPYI
MetricBALISPYI
Last close$34.66$53.65
Dividend yield7.74% (TTM)11.82% (TTM)
Expense ratio0.35%0.68%
Paysmonthlymonthly
Dividends, last 12 months$2.68 (12 payments)$6.34 (12 payments)
IssueriSharesNEOS Investments
InceptionSep 27, 2023Aug 31, 2022

Performance: BALI vs SPYI

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

BALISPYI

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
BALIiShares Advantage Large Cap Income
7.74%
+19.54%Best$34.66$0.214MonthlyiShares
SPYINEOS S&P 500 High Income
11.82%
+16.64%$53.65$0.534MonthlyNEOS Investments

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
BALIiShares Advantage Large Cap Income+0.51%+6.37%+16.77%+19.54%+35.88%—
SPYINEOS S&P 500 High Income+1.24%+5.97%+14.38%+16.64%+33.87%—

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
BALIiShares Advantage Large Cap Income$0.214Sep 1, 2026+13.23%$2.68312 payoutsOct 1, 2025: $0.189Nov 3, 2025: $0.195Dec 1, 2025: $0.25Dec 30, 2025: $0.222Feb 2, 2026: $0.179Mar 2, 2026: $0.197Apr 1, 2026: $0.346May 1, 2026: $0.219Jun 1, 2026: $0.216Jul 1, 2026: $0.267Aug 3, 2026: $0.189Sep 1, 2026: $0.214
SPYINEOS S&P 500 High Income$0.534Sep 16, 2026-1.48%$6.34112 payoutsOct 22, 2025: $0.527Nov 26, 2025: $0.522Dec 24, 2025: $0.532Jan 21, 2026: $0.531Feb 18, 2026: $0.522Mar 18, 2026: $0.51Apr 22, 2026: $0.525May 20, 2026: $0.535Jun 16, 2026: $0.531Jul 22, 2026: $0.53Aug 19, 2026: $0.542Sep 16, 2026: $0.534

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

BALISPYI
Sep 1, 2026$0.214Sep 16, 2026$0.534
Aug 3, 2026$0.189Aug 19, 2026$0.542
Jul 1, 2026$0.267Jul 22, 2026$0.530
Jun 1, 2026$0.216Jun 16, 2026$0.531
May 1, 2026$0.219May 20, 2026$0.535
Apr 1, 2026$0.346Apr 22, 2026$0.525
Mar 2, 2026$0.197Mar 18, 2026$0.510
Feb 2, 2026$0.179Feb 18, 2026$0.522
Dec 30, 2025$0.222Jan 21, 2026$0.531
Dec 1, 2025$0.250Dec 24, 2025$0.532
Nov 3, 2025$0.195Nov 26, 2025$0.522
Oct 1, 2025$0.189Oct 22, 2025$0.527

BALI vs SPYI: common questions

Which pays a higher dividend, BALI or SPYI?

As of September 25, 2026, BALI yields 7.74% (trailing 12-month) and SPYI yields 11.82% (trailing 12-month), so SPYI currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, BALI or SPYI?

Over the past year with dividends reinvested, BALI returned +19.54% and SPYI returned +16.64%. Past performance does not predict future results.

What would $10,000 in BALI vs SPYI be worth after one year?

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $11,954 in BALI and $11,664 in SPYI.

Which is cheaper to own, BALI or SPYI?

BALI 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 BALI and SPYI pay dividends?

BALI pays monthly (12 payments in the last 12 months) and SPYI pays monthly (12 payments).

Is BALI 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.

Related comparisons

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Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.