SPYI vs XYLG: Yield, Cost and Returns Compared
As of Nov 5, 2026, XYLG yields more: 12.87% (dividend yield) against 12.20% for SPYI. XYLG is cheaper to own at 0.35% a year vs 0.68%. Over the same 4 years (Aug 2022 to Oct 2026), XYLG returned 14.8% a year with distributions reinvested, and SPYI 14.8%.
SPYINeos S&P 500(R) High Income ETF12.20%dividend yield| Compared | SPYI | XYLG |
|---|---|---|
| YieldDividend yield | 12.20% | 12.87% |
| Expense ratio | 0.68% | 0.35% |
| Total return, 1 yr | +11.9% | +13.2% |
| Total return, 3 yr (a year) | +18.0% | +18.8% |
| Total return, 5 yr (a year) | — | +9.6% |
| Worst drop since Aug 2022 | -7.8% | -8.2% |
| Share price since Aug 2022 | +7% | +12% |
| Pays | Monthly | Monthly |
| Issuer | Neos | Global X |
| Assets | $12.5B | $72.7M |
| Started | 2022 | 2020 |
| Type | Derivative Income | Derivative Income |
Higher yield
XYLG
12.87%
Lower cost
XYLG
0.35%
Better total return
XYLG
14.8%/yr
Smaller worst drop
SPYI
-7.8%
Key facts: SPYI vs XYLG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, SPYI yields 12.20% (dividend yield) and XYLG yields 12.87% (dividend yield).
- SPYI's expense ratio is 0.68% and XYLG's is 0.35%: $68 vs $35 a year on $10,000.
- From Aug 2022 to Oct 2026, $10,000 in SPYI grew to $17,743 (14.8% a year) and $10,000 in XYLG to $17,794 (14.8% a year), distributions reinvested.
- Their worst month-end drops over that time: -7.8% for SPYI and -8.2% for XYLG.
- 10 of SPYI's top ten holdings are also in XYLG's top ten, an overlap of at least 37% of the fund.
Cite this page
SmarterDividends, "SPYI vs XYLG: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/spyi-vs-xylg
$10,000 in each, Aug 2022 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
SPYI became
$17,743
14.8% a year
XYLG became
$17,794
14.8% a year
Year by year
| Year | SPYI | XYLG |
|---|---|---|
| 2025 | +16.7% | +13.0% |
| 2024 | +19.0% | +22.3% |
| 2023 | +18.1% | +18.1% |
Total return each calendar year, distributions reinvested.
Top holdings
10 of the top ten overlap, at least 37% of each fund.
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%
XYLG
- AAPL Apple Inc7.7%
- NVDA NVIDIA Corp7.6%
- MSFT Microsoft Corp6.0%
- AMZN Amazon.com Inc3.6%
- GOOGL Alphabet Inc Class A2.5%
- AVGO Broadcom Inc2.4%
- META Meta Platforms Inc Class A2.1%
- GOOG Alphabet Inc Class C2.0%
- LLY Eli Lilly and Co1.7%
- TSLA Tesla Inc1.7%
SPYI vs XYLG: questions
Is SPYI or XYLG better?
It depends on the job. XYLG pays more today (12.87% vs 12.20%), XYLG costs less, and XYLG has the better total return over Aug 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, SPYI or XYLG?
XYLG, at 12.87% against 12.20% for SPYI as of Nov 5, 2026. On $10,000 that's about $1,287 vs $1,220 a year at today's rates.
Which has the better total return?
XYLG. From Aug 2022 to Oct 2026, it returned 14.8% a year with distributions reinvested, against 14.8% for SPYI. $10,000 became $17,794 vs $17,743.
Which is cheaper, SPYI or XYLG?
XYLG, with a 0.35% expense ratio against 0.68%.
Do SPYI and XYLG hold the same things?
Partly. 10 of their top ten holdings match (AAPL, NVDA, MSFT, AMZN), at least 37% of each fund. Owning both doubles up on those.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. XYLG leads on 5 of 6 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.