SPYI vs QYLD
Comparison between NEOS S&P 500(R) HIGH INCOME ETF (SPYI, ETF) and GLOBAL X NASDAQ 100 COVERED CALL ETF (QYLD, ETF).
SPYI vs QYLD - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SPYI
$8.10B
QYLD
$8.10B
Expense Ratio
SPYI
0.68%
Winner
QYLD
0.60%
Max Drawdown
Winner
SPYI
18.53%
QYLD
42.31%
Sharpe Ratio
SPYI
2.04
Winner
QYLD
2.20
5Y Beta
SPYI
0.82
Winner
QYLD
0.80
P/E Ratio
Winner
SPYI
28.49
QYLD
37.12
Forward P/E
Winner
SPYI
21.87
QYLD
24.33
PEG Ratio
SPYI
N/A
QYLD
0.46
5Y Dividends CAGR
SPYI
N/A
QYLD
-4.79%
5Y EPS CAGR
SPYI
28.89%
Winner
QYLD
31.07%
Debt to Equity
Winner
SPYI
33.01%
QYLD
35.22%
P/S Ratio
Winner
SPYI
3.51
QYLD
5.82
P/B Ratio
Winner
SPYI
5.41
QYLD
8.92
SPYI vs QYLD - Holdings Comparison
SPYI and QYLD have 77 common holdings. Overlap is 45.59%
SPYI's top 25 holdings weight is 51.07%. QYLD's top 25 holdings weight is 73.85%.
| Rank | SPYI | QYLD |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 8.63% | NVIDIA CORP (NVDA) - 9.52% |
| #2 | APPLE INC (AAPL) - 6.74% | APPLE INC (AAPL) - 7.31% |
| #3 | MICROSOFT CORP (MSFT) - 5.32% | MICROSOFT CORP (MSFT) - 5.86% |
| #4 | AMAZON.COM INC (AMZN) - 4.23% | AMAZON.COM INC (AMZN) - 5.12% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 3.39% | ALPHABET INC CLASS A (GOOGL) - 3.74% |
| #6 | BROADCOM INC (AVGO) - 3.15% | META PLATFORMS INC CLASS A (META) - 3.64% |
| #7 | ALPHABET INC CLASS C (GOOG) - 2.70% | BROADCOM INC (AVGO) - 3.48% |
| #8 | META PLATFORMS INC CLASS A (META) - 2.51% | ALPHABET INC CLASS C (GOOG) - 3.47% |
| #9 | TESLA INC (TSLA) - 1.76% | TESLA INC (TSLA) - 3.45% |
| #10 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.48% | WALMART INC (WMT) - 3.16% |
| #11 | JPMORGAN CHASE & CO (JPM) - 1.39% | MICRON TECHNOLOGY INC (MU) - 2.88% |
| #12 | ELI LILLY AND CO (LLY) - 1.18% | ADVANCED MICRO DEVICES INC (AMD) - 2.67% |
| #13 | EXXON MOBIL CORP (XOM) - 1.04% | COSTCO WHOLESALE CORP (COST) - 2.24% |
| #14 | MICRON TECHNOLOGY INC (MU) - 0.94% | INTEL CORP (INTC) - 2.14% |
| #15 | WALMART INC (WMT) - 0.94% | NETFLIX INC (NFLX) - 1.98% |
| #16 | JOHNSON & JOHNSON (JNJ) - 0.92% | CISCO SYSTEMS INC (CSCO) - 1.74% |
| #17 | ADVANCED MICRO DEVICES INC (AMD) - 0.89% | n/a (PLTR) - 1.64% |
| #18 | VISA INC CLASS A (V) - 0.88% | LAM RESEARCH CORP (LRCX) - 1.59% |
| #19 | CASH OFFSET (n/a) - 0.81% | APPLIED MATERIALS INC (AMAT) - 1.53% |
| #20 | COSTCO WHOLESALE CORP (COST) - 0.74% | TEXAS INSTRUMENTS INC (TXN) - 1.22% |
| #21 | AMPHENOL CORP CLASS A (APH) - 0.29% | KLA CORP (KLAC) - 1.20% |
| #22 | ARISTA NETWORKS INC (ANET) - 0.29% | LINDE PLC (LIN) - 1.20% |
| #23 | TJX COMPANIES INC (TJX) - 0.29% | PEPSICO INC (PEP) - 1.08% |
| #24 | INTUITIVE SURGICAL INC (ISRG) - 0.28% | T-MOBILE US INC (TMUS) - 1.04% |
| #25 | AMERICAN EXPRESS CO (AXP) - 0.28% | ANALOG DEVICES INC (ADI) - 0.95% |
| Total Holdings | 471 | 103 |
SPYI vs QYLD - Historical Returns
Returns include dividend reinvestment.
1M
Winner
SPYI
+6.05%
QYLD
+4.35%
3M
SPYI
+4.00%
Winner
QYLD
+5.08%
6M
SPYI
+8.73%
Winner
QYLD
+10.92%
1Y
Winner
SPYI
+25.62%
QYLD
+24.73%
5Y(CAGR)
SPYI
N/A
QYLD
+8.24%
10Y(CAGR)
SPYI
N/A
QYLD
+9.95%
Max(CAGR)
Winner
SPYI
+15.37%
QYLD
+8.66%
SPYI vs QYLD - Annual Returns (2013 - 2026)
Returns include dividend reinvestment.
| Year | SPYI | QYLD |
|---|---|---|
| 2026 | +5.73% | +6.76% |
| 2025 | +16.80% | +9.43% |
| 2024 | +19.49% | +20.09% |
| 2023 | +18.18% | +23.14% |
| 2022 | -2.44% | -19.46% |
| 2021 | N/A | +10.96% |
| 2020 | N/A | +8.17% |
| 2019 | N/A | +22.68% |
| 2018 | N/A | -3.95% |
| 2017 | N/A | +18.73% |
| 2016 | N/A | +6.07% |
| 2015 | N/A | +8.07% |
| 2014 | N/A | +4.66% |
| 2013 | N/A | +2.00% |
SPYI vs QYLD Drawdown Comparison
The maximum drawdown for SPYI was -16.46%, occurring on Apr 8, 2025. Recovery took 87 trading sessions.
The maximum drawdown for QYLD was -24.74%, occurring on Mar 16, 2020. Recovery took 182 trading sessions.
| Rank | SPYI | QYLD |
|---|---|---|
| #1 | -16.46% Feb 19, 2025 - Jun 25, 2025 | -24.74% Feb 19, 2020 - Nov 5, 2020 |
| #2 | -10.18% Sep 12, 2022 - Feb 1, 2023 | -24.61% Dec 8, 2021 - Jan 19, 2024 |
| #3 | -7.70% Feb 25, 2026 - Apr 15, 2026 | -19.06% Feb 20, 2025 - Oct 20, 2025 |
| #4 | -7.54% Jul 28, 2023 - Dec 13, 2023 | -19.00% Oct 3, 2018 - Jul 10, 2019 |
| #5 | -6.60% Jul 16, 2024 - Aug 19, 2024 | -11.25% Dec 29, 2015 - Sep 15, 2016 |
| #6 | -6.03% Feb 6, 2023 - Apr 13, 2023 | -10.99% Jul 20, 2015 - Oct 23, 2015 |
| #7 | -4.65% Mar 28, 2024 - May 15, 2024 | -7.76% Jul 15, 2024 - Aug 15, 2024 |
| #8 | -3.96% Nov 12, 2025 - Nov 28, 2025 | -7.73% Sep 17, 2014 - Jun 3, 2015 |
| #9 | -3.50% Aug 30, 2024 - Sep 19, 2024 | -7.67% Feb 16, 2021 - Jun 25, 2021 |
| #10 | -3.11% Dec 6, 2024 - Jan 22, 2025 | -7.58% Mar 15, 2018 - Jun 1, 2018 |
| #11 | -2.32% Oct 8, 2025 - Oct 20, 2025 | -7.03% Jan 26, 2018 - Feb 15, 2018 |
| #12 | -2.15% Feb 2, 2026 - Feb 25, 2026 | -5.77% Jul 26, 2019 - Oct 15, 2019 |
| #13 | -2.09% Dec 11, 2025 - Dec 22, 2025 | -5.56% Mar 18, 2014 - Jun 26, 2014 |
| #14 | -1.86% Jan 12, 2026 - Jan 27, 2026 | -5.30% Sep 15, 2021 - Oct 26, 2021 |
| #15 | -1.80% May 1, 2023 - May 17, 2023 | -4.98% Mar 17, 2026 - Apr 9, 2026 |
Correlation
Correlation between SPYI and QYLD is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.
0.99
-101
Dividend Comparison (2014 - 2026)
SPYI vs QYLD dividend yield comparison.
| Year | SPYI | QYLD |
|---|---|---|
| 2026 | 3.91% | 3.89% |
| 2025 | 11.70% | 11.55% |
| 2024 | 12.04% | 12.50% |
| 2023 | 12.01% | 11.78% |
| 2022 | 4.10% | 13.75% |
| 2021 | 0.00% | 12.85% |
| 2020 | 0.00% | 11.16% |
| 2019 | 0.00% | 9.84% |
| 2018 | 0.00% | 12.44% |
| 2017 | 0.00% | 7.69% |
| 2016 | 0.00% | 9.15% |
| 2015 | 0.00% | 9.42% |
| 2014 | 0.00% | 10.74% |
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