SPYI vs TSPY: Yield, Cost and Returns Compared
As of Nov 5, 2026, TSPY yields more: 14.63% (dividend yield) against 12.20% for SPYI. SPYI is cheaper to own at 0.68% a year vs 0.68%. Over the same 2 years (Aug 2024 to Oct 2026), SPYI returned 14.4% a year with distributions reinvested, and TSPY 14.3%.
SPYINeos S&P 500(R) High Income ETF12.20%dividend yield
TSPYTappAlpha SPY Growth & Daily Income ETF14.63%dividend yield| Compared | SPYI | TSPY |
|---|---|---|
| YieldDividend yield | 12.20% | 14.63% |
| Expense ratio | 0.68% | 0.68% |
| Total return, 1 yr | +11.9% | +10.8% |
| Total return, 3 yr (a year) | +18.0% | — |
| Worst drop since Aug 2024 | -5.5% | -10.1% |
| Share price since Aug 2024 | +3% | −0% |
| Pays | Monthly | Monthly |
| Issuer | Neos | TappAlpha |
| Assets | $12.5B | $398.7M |
| Started | 2022 | 2024 |
| Type | Derivative Income | Derivative Income |
Higher yield
TSPY
14.63%
Lower cost
SPYI
0.68%
Better total return
SPYI
14.4%/yr
Smaller worst drop
SPYI
-5.5%
Key facts: SPYI vs TSPY
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SPYI yields 12.20% (dividend yield) and TSPY yields 14.63% (dividend yield).
- SPYI's expense ratio is 0.68% and TSPY's is 0.68%: $68 vs $68 a year on $10,000.
- From Aug 2024 to Oct 2026, $10,000 in SPYI grew to $13,378 (14.4% a year) and $10,000 in TSPY to $13,366 (14.3% a year), distributions reinvested.
- Their worst month-end drops over that time: -5.5% for SPYI and -10.1% for TSPY.
- 0 of SPYI's top ten holdings are also in TSPY's top ten.
Cite this page
SmarterDividends, "SPYI vs TSPY: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/spyi-vs-tspy
$10,000 in each, Aug 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
SPYI became
$13,378
14.4% a year
TSPY became
$13,366
14.3% a year
Top holdings
No overlap in the top ten.
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%
TSPY
- VOO Vanguard S&P 500 ETF99.5%
- FGXXX First American Government Obligs X0.0%
SPYI vs TSPY: questions
Is SPYI or TSPY better?
It depends on the job. TSPY pays more today (14.63% vs 12.20%), SPYI costs less, and SPYI has the better total return over Aug 2024 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 TSPY?
TSPY, at 14.63% against 12.20% for SPYI as of Nov 5, 2026. On $10,000 that's about $1,463 vs $1,220 a year at today's rates.
Which has the better total return?
SPYI. From Aug 2024 to Oct 2026, it returned 14.4% a year with distributions reinvested, against 14.3% for TSPY. $10,000 became $13,378 vs $13,366.
Which is cheaper, SPYI or TSPY?
SPYI, with a 0.68% expense ratio against 0.68%.
Do SPYI and TSPY 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 3 of 4 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.