SPYI vs XYLD: Dividend Yield, Total Return & Fees Compared
NEOS S&P 500 High IncomeS&P 500 Covered Call ETF
Data as of the close · refreshed automatically every trading day
SPYI vs XYLD at a glance
This page compares NEOS S&P 500 High Income (SPYI) with S&P 500 Covered Call ETF (XYLD) using prices and distributions through September 25, 2026. The numbers update automatically after each trading session.
With dividends reinvested, XYLD has led over the last 12 months at +18.92% versus +16.64% for SPYI. SPYI currently yields 11.82% (trailing 12-month) against 10.38% for XYLD.
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 | XYLD |
|---|---|---|
| Last close | $53.65 | $41.66 |
| Dividend yield | 11.82% (TTM) | 10.38% (TTM) |
| Expense ratio | 0.68% | 0.60% |
| Pays | monthly | monthly |
| Dividends, last 12 months | $6.34 (12 payments) | $4.32 (12 payments) |
| Issuer | NEOS Investments | Global X |
| Inception | Aug 31, 2022 | Jun 22, 2013 |
Performance: SPYI vs XYLD
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 | XYLD | ||
|---|---|---|---|
| Sep 16, 2026 | $0.534 | Sep 21, 2026 | $0.296 |
| Aug 19, 2026 | $0.542 | Aug 24, 2026 | $0.311 |
| Jul 22, 2026 | $0.530 | Jul 20, 2026 | $0.409 |
| Jun 16, 2026 | $0.531 | Jun 22, 2026 | $0.340 |
| May 20, 2026 | $0.535 | May 18, 2026 | $0.401 |
| Apr 22, 2026 | $0.525 | Apr 20, 2026 | $0.352 |
| Mar 18, 2026 | $0.510 | Mar 23, 2026 | $0.391 |
| Feb 18, 2026 | $0.522 | Feb 23, 2026 | $0.341 |
| Jan 21, 2026 | $0.531 | Jan 20, 2026 | $0.360 |
| Dec 24, 2025 | $0.532 | Dec 22, 2025 | $0.325 |
| Nov 26, 2025 | $0.522 | Nov 24, 2025 | $0.400 |
| Oct 22, 2025 | $0.527 | Oct 20, 2025 | $0.397 |
SPYI vs XYLD: common questions
Which pays a higher dividend, SPYI or XYLD?
As of September 25, 2026, SPYI yields 11.82% (trailing 12-month) and XYLD yields 10.38% (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 XYLD?
Over the past year with dividends reinvested, SPYI returned +16.64% and XYLD returned +18.92%. Past performance does not predict future results.
What would $10,000 in SPYI vs XYLD 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 $11,892 in XYLD.
Which is cheaper to own, SPYI or XYLD?
XYLD has the lower expense ratio at 0.60% a year, compared with 0.68% for SPYI. On $10,000 that is roughly $60 vs $68 a year.
How often do SPYI and XYLD pay dividends?
SPYI pays monthly (12 payments in the last 12 months) and XYLD pays monthly (12 payments).
Is SPYI or XYLD 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.