SPUC vs SPY

Simplify US Equity Income ETF compared with State Street SPDR S&P 500 ETF Trust on yield, payout growth, payment schedule, cost and risk.

SPUC

Simplify US Equity Income ETF

3.54%

TTM yield · Quarterly

VS

SPY

State Street SPDR S&P 500 ETF Trust

0.98%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricSPUCSPY
Share price$49.66$765.96
TTM yield3.54%0.98%
Forward yield4.83%0.99%
Annual payout per share$2.40$7.616
Payment frequencyQuarterlyQuarterly
Next ex-dateNov 25, 2026 (est.)Sep 17, 2026 (est.)
Expense ratio0.09%
1-year payout growth+383.5%+5.0%
5-year payout CAGR+6.2%
Consecutive years of increases0 years12 years
Payout consistency (last 12)11/10093/100
1-year total return+8.1%+19.9%
1-year price return+4.4%+18.7%
Size (market cap / AUM)811.9B
Years paying5.733.5
Sector / categoryLarge Blend

✓ 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

SPUCSPY
Shares201.413.1
Income per year$483$99
Income per month (avg)$40$8

At forward yields, before taxes. Model SPUC · Model SPY

Next payments

Ex-datePay datePer shareStatus
SPUC Nov 25, 2026Dec 9, 2026$0.60Est.
SPUC Feb 24, 2027Mar 10, 2027$0.60Est.
SPUC May 26, 2027Jun 9, 2027$0.60Est.
SPY Sep 17, 2026Oct 1, 2026$1.904Est.
SPY Dec 17, 2026Dec 31, 2026$1.904Est.
SPY Mar 18, 2027Apr 1, 2027$1.904Est.

Annual payouts per share

SPUCSPY

Annual dividend per share, SPUC vs SPY, 2019 to 2026SPYSPUC$0.00$4.00$8.00SPUC 2019: $0.00SPY 2019: $5.6192019SPUC 2020: $0.203SPY 2020: $5.6912020SPUC 2021: $0.227SPY 2021: $5.7152021SPUC 2022: $0.402SPY 2022: $6.322022SPUC 2023: $0.44SPY 2023: $6.6332023SPUC 2024: $0.384SPY 2024: $7.0662024SPUC 2025: $0.28SPY 2025: $7.2812025SPUC 2026 (YTD): $1.66SPY 2026 (YTD): $3.7012026 YTD

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, SPUC or SPY?

SPUC currently has the higher trailing yield: SPUC yields 3.54% and SPY yields 0.98%. Yield changes daily with price, so check the live figures above.

How often do SPUC and SPY pay?

SPUC pays every quarter and SPY pays every quarter. SPUC's next ex-date is Nov 25, 2026 and SPY's is Sep 17, 2026.

Which has grown its dividend faster, SPUC or SPY?

SPUC has grown its payout faster: 72.3%/yr vs 4.9%/yr over the last 3 years.

Is SPUC or SPY better for income?

It depends on what you are optimising for. SPUC and SPY 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.

Related comparisons

SPUC dividend history →
SPY dividend history →

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