RYLG vs SPYI: Yield, Cost and Returns Compared
As of Nov 5, 2026, SPYI yields more: 12.20% (dividend yield) against 10.27% for RYLG. RYLG is cheaper to own at 0.35% a year vs 0.68%. Over the same 4 years (Oct 2022 to Oct 2026), SPYI returned 16.1% a year with distributions reinvested, and RYLG 9.2%.
SPYINeos S&P 500(R) High Income ETF12.20%dividend yield| Compared | RYLG | SPYI |
|---|---|---|
| YieldDividend yield | 10.27% | 12.20% |
| Expense ratio | 0.35% | 0.68% |
| Total return, 1 yr | +12.7% | +11.9% |
| Total return, 3 yr (a year) | +15.6% | +18.0% |
| Worst drop since Oct 2022 | -14.0% | -5.9% |
| Share price since Oct 2022 | −12% | +12% |
| Pays | Monthly | Monthly |
| Issuer | Global X | Neos |
| Assets | $7.5M | $12.5B |
| Started | 2022 | 2022 |
| Type | Derivative Income | Derivative Income |
Higher yield
SPYI
12.20%
Lower cost
RYLG
0.35%
Better total return
SPYI
16.1%/yr
Smaller worst drop
SPYI
-5.9%
Key facts: RYLG vs SPYI
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, RYLG yields 10.27% (dividend yield) and SPYI yields 12.20% (dividend yield).
- RYLG's expense ratio is 0.35% and SPYI's is 0.68%: $35 vs $68 a year on $10,000.
- From Oct 2022 to Oct 2026, $10,000 in RYLG grew to $14,205 (9.2% a year) and $10,000 in SPYI to $18,186 (16.1% a year), distributions reinvested.
- Their worst month-end drops over that time: -14.0% for RYLG and -5.9% for SPYI.
- 0 of RYLG's top ten holdings are also in SPYI's top ten.
Cite this page
SmarterDividends, "RYLG vs SPYI: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/rylg-vs-spyi
$10,000 in each, Oct 2022 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
RYLG became
$14,205
9.2% a year
SPYI became
$18,186
16.1% a year
Year by year
| Year | RYLG | SPYI |
|---|---|---|
| 2025 | +9.3% | +16.7% |
| 2024 | +10.6% | +19.0% |
| 2023 | +8.3% | +18.1% |
Total return each calendar year, distributions reinvested.
Top holdings
No overlap in the top ten.
RYLG
- RSSL Global X Russell 2000 ETF101.4%
SPYI
- AAPL Apple Inc7.7%
- NVDA NVIDIA Corp7.6%
- MSFT Microsoft Corp5.9%
- AMZN Amazon.com Inc3.6%
- GOOGL Alphabet Inc Class A2.5%
- AVGO Broadcom Inc2.4%
- META Meta Platforms Inc Class A2.0%
- GOOG Alphabet Inc Class C2.0%
- LLY Eli Lilly and Co1.7%
- TSLA Tesla Inc1.7%
RYLG vs SPYI: questions
Is RYLG or SPYI better?
It depends on the job. SPYI pays more today (12.20% vs 10.27%), RYLG costs less, and SPYI has the better total return over Oct 2022 to Oct 2026, with SPYI holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, RYLG or SPYI?
SPYI, at 12.20% against 10.27% for RYLG as of Nov 5, 2026. On $10,000 that's about $1,220 vs $1,027 a year at today's rates.
Which has the better total return?
SPYI. From Oct 2022 to Oct 2026, it returned 16.1% a year with distributions reinvested, against 9.2% for RYLG. $10,000 became $18,186 vs $14,205.
Which is cheaper, RYLG or SPYI?
RYLG, with a 0.35% expense ratio against 0.68%.
Do RYLG and SPYI hold the same things?
Not at the top: none of their top ten holdings match.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SPYI leads on 4 of 6 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.