SPYI vs VOO: Dividend Yield, Total Return & Fees Compared
NEOS S&P 500 High IncomeVanguard S&P 500 ETF
Data as of the close · refreshed automatically every trading day
SPYI vs VOO at a glance
NEOS S&P 500 High Income (SPYI) and Vanguard S&P 500 ETF (VOO) are compared below using data through the September 25, 2026 close, refreshed after every trading day.
Over the past year, VOO returned +18.57% with dividends reinvested, compared with +16.64% for SPYI. SPYI currently yields 11.82% (trailing 12-month) against 1.03% for VOO.
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.
| Metric | SPYI | VOO |
|---|---|---|
| Last close | $53.65 | $710.79 |
| Dividend yield | 11.82% (TTM) | 1.03% (TTM) |
| Expense ratio | 0.68% | — |
| Pays | monthly | quarterly |
| Dividends, last 12 months | $6.34 (12 payments) | $7.35 (4 payments) |
| Issuer | NEOS Investments | Vanguard |
| Inception | Aug 31, 2022 | — |
Performance: SPYI vs VOO
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026
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.
Recent dividend payments
The latest 12 distributions per share for each fund, newest first.
| SPYI | VOO | ||
|---|---|---|---|
| Sep 16, 2026 | $0.534 | Jun 26, 2026 | $1.96 |
| Aug 19, 2026 | $0.542 | Mar 27, 2026 | $1.87 |
| Jul 22, 2026 | $0.530 | Dec 22, 2025 | $1.77 |
| Jun 16, 2026 | $0.531 | Sep 29, 2025 | $1.74 |
| May 20, 2026 | $0.535 | Jun 30, 2025 | $1.75 |
| Apr 22, 2026 | $0.525 | Mar 27, 2025 | $1.81 |
| Mar 18, 2026 | $0.510 | Dec 23, 2024 | $1.74 |
| Feb 18, 2026 | $0.522 | Sep 27, 2024 | $1.64 |
| Jan 21, 2026 | $0.531 | Jun 28, 2024 | $1.78 |
| Dec 24, 2025 | $0.532 | Mar 22, 2024 | $1.54 |
| Nov 26, 2025 | $0.522 | Dec 20, 2023 | $1.80 |
| Oct 22, 2025 | $0.527 | Sep 28, 2023 | $1.49 |
SPYI vs VOO: common questions
Which pays a higher dividend, SPYI or VOO?
As of September 25, 2026, SPYI yields 11.82% (trailing 12-month) and VOO yields 1.03% (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 VOO?
Over the past year with dividends reinvested, SPYI returned +16.64% and VOO returned +18.57%. Past performance does not predict future results.
What would $10,000 in SPYI vs VOO 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 $11,857 in VOO.
How often do SPYI and VOO pay dividends?
SPYI pays monthly (12 payments in the last 12 months) and VOO pays quarterly (4 payments).
Is SPYI or VOO 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
More side-by-side comparisons with SPYI and VOO.
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.