MSFO vs SPYI
YieldMax MSFT Option Income Strategy ETF compared with Neos S&P 500(R) High Income ETF on yield, payout growth, payment schedule, cost and risk.
MSFO
YieldMax MSFT Option Income Strategy ETF
TTM yield · Weekly
SPYI
Neos S&P 500(R) High Income ETF
TTM yield · Monthly
Quick take
- MSFO yields more today: 35.27% vs 12.01% (forward).
- SPYI has grown its payout faster: 3.1%/yr vs -10.6%/yr over the last 1 year.
- MSFO pays every week; SPYI pays every month.
- Over the last year SPYI delivered the higher total return: +12.7% vs -2.7% (price change plus payouts).
- SPYI is cheaper to own: 0.68% vs 1.03% expense ratio.
- SPYI has the steadier distribution: consistency 98/100 vs 47/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | MSFO | SPYI |
|---|---|---|
| Share price | $12.28 | $52.64 |
| TTM yield | 38.05% | 12.01% |
| Forward yield | 35.27% | 12.01% |
| Annual payout per share | $4.3316 | $6.323 |
| Payment frequency | Weekly | Monthly |
| Next ex-date | Oct 29, 2026 (est.) | Nov 18, 2026 (est.) |
| Expense ratio | 1.03% | 0.68% |
| 1-year payout growth | -10.6% | +3.1% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 0 years | 3 years |
| Payout consistency (last 12) | 47/100 | 98/100 |
| 1-year total return | -2.7% | +12.7% |
| 1-year price return | -29.5% | +0.7% |
| Size (market cap / AUM) | 85.8M | 12.2B |
| Years paying | 3.1 | 4.1 |
| Sector / category | Derivative Income | Derivative Income |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| MSFO | SPYI | |
|---|---|---|
| Shares | 814.3 | 190.0 |
| Income per year | $3,527 | $1,201 |
| Income per month (avg) | $294 | $100 |
At forward yields, before taxes. Model MSFO · Model SPYI
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| MSFO Oct 29, 2026 | Nov 12, 2026 | $0.0833 | Est. |
| MSFO Nov 5, 2026 | Nov 19, 2026 | $0.0833 | Est. |
| MSFO Nov 12, 2026 | Nov 26, 2026 | $0.0833 | Est. |
| SPYI Nov 18, 2026 | Dec 2, 2026 | $0.5269 | Est. |
| SPYI Dec 16, 2026 | Dec 30, 2026 | $0.5269 | Est. |
| SPYI Jan 13, 2027 | Jan 27, 2027 | $0.5269 | Est. |
Annual payouts per share
MSFOSPYI
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, MSFO or SPYI?
MSFO currently has the higher trailing yield: MSFO yields 38.05% and SPYI yields 12.01%. Yield changes daily with price, so check the live figures above.
How often do MSFO and SPYI pay?
MSFO pays every week and SPYI pays every month. MSFO's next ex-date is Oct 29, 2026 and SPYI's is Nov 18, 2026.
Which has grown its dividend faster, MSFO or SPYI?
SPYI has grown its payout faster: 3.1%/yr vs -10.6%/yr over the last 1 year.
Is MSFO or SPYI better for income?
It depends on what you are optimising for. MSFO and SPYI differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.