SmarterDividends

SPYI vs TQQY: Yield, Cost and Returns Compared

As of Nov 8, 2026, TQQY yields more: 52.99% (dividend yield) against 12.33% for SPYI. SPYI is cheaper to own at 0.68% a year vs 1.15%. Over the same months (Feb 2025 to Oct 2026), SPYI returned 15.1% a year with distributions reinvested, and TQQY -0.8%.

ComparedSPYITQQY
YieldDividend yield12.33%52.99%
Expense ratio0.68%1.15%
Total return, 1 yr+11.9%−7.8%
Total return, 3 yr (a year)+18.0%—
Worst drop since Feb 2025-5.0%-19.2%
Share price since Feb 2025+3%−54%
PaysMonthlyWeekly
IssuerNeosGraniteshares
Assets$12.5B$4.7M
Started20222025
TypeDerivative IncomeDerivative Income

Higher yield

TQQY

52.99%

Lower cost

SPYI

0.68%

Better total return

SPYI

15.1%/yr

Smaller worst drop

SPYI

-5.0%

Key facts: SPYI vs TQQY

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, SPYI yields 12.33% (dividend yield) and TQQY yields 52.99% (dividend yield).
  • SPYI's expense ratio is 0.68% and TQQY's is 1.15%: $68 vs $115 a year on $10,000.
  • From Feb 2025 to Oct 2026, $10,000 in SPYI grew to $12,640 (15.1% a year) and $10,000 in TQQY to $9,862 (-0.8% a year), distributions reinvested.
  • Their worst month-end drops over that time: -5.0% for SPYI and -19.2% for TQQY.
Cite this page

SmarterDividends, "SPYI vs TQQY: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/spyi-vs-tqqy

$10,000 in each, Feb 2025 to Oct 2026

Distributions reinvested, month-end values, with the S&P 500 for reference.

SPYI became

$12,640

15.1% a year

TQQY became

$9,862

-0.8% a year

Try other dates, monthly additions or more tickers →

Top holdings

No overlap in the top ten.

SPYI

  1. AAPL Apple Inc7.7%
  2. NVDA NVIDIA Corp7.6%
  3. MSFT Microsoft Corp5.9%
  4. AMZN Amazon.com Inc3.6%
  5. GOOGL Alphabet Inc Class A2.5%
  6. AVGO Broadcom Inc2.4%
  7. META Meta Platforms Inc Class A2.0%
  8. GOOG Alphabet Inc Class C2.0%
  9. LLY Eli Lilly and Co1.7%
  10. TSLA Tesla Inc1.7%

TQQY

  1. Holdings not reported.

SPYI vs TQQY: questions

Is SPYI or TQQY better?

It depends on the job. TQQY pays more today (52.99% vs 12.33%), SPYI costs less, and SPYI has the better total return over Feb 2025 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, SPYI or TQQY?

TQQY, at 52.99% against 12.33% for SPYI as of Nov 8, 2026. On $10,000 that's about $5,299 vs $1,233 a year at today's rates.

Which has the better total return?

SPYI. From Feb 2025 to Oct 2026, it returned 15.1% a year with distributions reinvested, against -0.8% for TQQY. $10,000 became $12,640 vs $9,862.

Which is cheaper, SPYI or TQQY?

SPYI, with a 0.68% expense ratio against 1.15%.

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 5 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.