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

NEOS S&P 500 High IncomeAmplify CWP Enhanced Dividend Income ETF

Data as of the close · refreshed automatically every trading day

Higher yieldSPYI11.82% vs 6.35%
Better 1-year total returnSPYI+16.64% vs +13.91%
Lower expense ratioDIVO0.56% vs 0.68%

SPYI vs DIVO at a glance

NEOS S&P 500 High Income (SPYI) and Amplify CWP Enhanced Dividend Income ETF (DIVO) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, SPYI returned +16.64% with dividends reinvested, compared with +13.91% for DIVO. SPYI currently yields 11.82% (trailing 12-month) against 6.35% for DIVO.

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.

Key figures for SPYI and DIVO
MetricSPYIDIVO
Last close$53.65$47.29
Dividend yield11.82% (TTM)6.35% (TTM)
Expense ratio0.68%0.56%
Paysmonthlymonthly
Dividends, last 12 months$6.34 (12 payments)$3.01 (12 payments)
IssuerNEOS InvestmentsAmplify ETFs
InceptionAug 31, 2022Dec 15, 2016

Performance: SPYI vs DIVO

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

SPYIDIVO

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
SPYINEOS S&P 500 High Income
11.82%
+16.64%Best$53.65$0.534MonthlyNEOS Investments
DIVOAmplify CWP Enhanced Dividend Income ETF
6.35%
+13.91%$47.29$0.195MonthlyAmplify ETFs

Total returns

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

ETF1M3M6M1Y2Y5Y
SPYINEOS S&P 500 High Income+1.24%+5.97%+14.38%+16.64%+33.87%—
DIVOAmplify CWP Enhanced Dividend Income ETF-2.72%+4.66%+7.75%+13.91%+29.54%+71.09%

Dividends

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

ETFLatest payoutvs. priorTrailing 12MRecent payouts
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
DIVOAmplify CWP Enhanced Dividend Income ETF$0.195Aug 28, 2026+3.72%$3.00512 payoutsSep 29, 2025: $0.177Oct 30, 2025: $0.182Nov 26, 2025: $0.214Dec 30, 2025: $0.953Jan 29, 2026: $0.183Feb 26, 2026: $0.186Mar 30, 2026: $0.179Apr 29, 2026: $0.181May 28, 2026: $0.184Jun 29, 2026: $0.183Jul 30, 2026: $0.188Aug 28, 2026: $0.195

Recent dividend payments

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

SPYIDIVO
Sep 16, 2026$0.534Aug 28, 2026$0.195
Aug 19, 2026$0.542Jul 30, 2026$0.188
Jul 22, 2026$0.530Jun 29, 2026$0.183
Jun 16, 2026$0.531May 28, 2026$0.184
May 20, 2026$0.535Apr 29, 2026$0.181
Apr 22, 2026$0.525Mar 30, 2026$0.179
Mar 18, 2026$0.510Feb 26, 2026$0.186
Feb 18, 2026$0.522Jan 29, 2026$0.183
Jan 21, 2026$0.531Dec 30, 2025$0.953
Dec 24, 2025$0.532Nov 26, 2025$0.214
Nov 26, 2025$0.522Oct 30, 2025$0.182
Oct 22, 2025$0.527Sep 29, 2025$0.177

SPYI vs DIVO: common questions

Which pays a higher dividend, SPYI or DIVO?

As of September 25, 2026, SPYI yields 11.82% (trailing 12-month) and DIVO yields 6.35% (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 DIVO?

Over the past year with dividends reinvested, SPYI returned +16.64% and DIVO returned +13.91%. Past performance does not predict future results.

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

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $11,664 in SPYI and $11,391 in DIVO.

Which is cheaper to own, SPYI or DIVO?

DIVO has the lower expense ratio at 0.56% a year, compared with 0.68% for SPYI. On $10,000 that is roughly $56 vs $68 a year.

How often do SPYI and DIVO pay dividends?

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

Is SPYI or DIVO 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.