SPYI vs WTPI
Neos S&P 500(R) High Income ETF compared with WisdomTree Equity Premium Income Fund on yield, payout growth, payment schedule, cost and risk.
SPYI
Neos S&P 500(R) High Income ETF
TTM yield · Monthly
WTPI
WisdomTree Equity Premium Income Fund
TTM yield · Monthly
Quick take
- WTPI yields more today: 11.91% vs 11.81% (forward).
- SPYI has grown its payout faster: 3.6%/yr vs 3.3%/yr over the last 1 year.
- Both pay every month.
- Over the last year SPYI delivered the higher total return: +16.6% vs +13.7% (price change plus payouts).
- WTPI is cheaper to own: 0.44% vs 0.68% expense ratio.
- SPYI has the steadier distribution: consistency 99/100 vs 60/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SPYI | WTPI |
|---|---|---|
| Share price | $53.65 | $33.14 |
| TTM yield | 11.81% | 12.13% |
| Forward yield | 11.81% | 11.91% |
| Annual payout per share | $6.334 | $3.946 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 16, 2026 (est.) | Sep 26, 2026 (est.) |
| Expense ratio | 0.68% | 0.44% |
| 1-year payout growth | +3.6% | +3.3% |
| 5-year payout CAGR | — | +58.0% |
| Consecutive years of increases | 3 years | 0 years |
| Payout consistency (last 12) | 99/100 | 60/100 |
| 1-year total return | +16.6% | +13.7% |
| 1-year price return | +4.3% | +1.4% |
| Size (market cap / AUM) | 11.7B | 528.0M |
| Years paying | 4.0 | 9.8 |
| 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
| SPYI | WTPI | |
|---|---|---|
| Shares | 186.4 | 301.8 |
| Income per year | $1,181 | $1,191 |
| Income per month (avg) | $98 | $99 |
At forward yields, before taxes. Model SPYI · Model WTPI
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| SPYI Sep 16, 2026 | Sep 30, 2026 | $0.5278 | Est. |
| SPYI Oct 14, 2026 | Oct 28, 2026 | $0.5278 | Est. |
| SPYI Nov 11, 2026 | Nov 25, 2026 | $0.5278 | Est. |
| WTPI Sep 26, 2026 | Oct 10, 2026 | $0.3288 | Est. |
| WTPI Oct 27, 2026 | Nov 10, 2026 | $0.3288 | Est. |
| WTPI Nov 27, 2026 | Dec 11, 2026 | $0.3288 | Est. |
Annual payouts per share
SPYIWTPI
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, SPYI or WTPI?
WTPI currently has the higher trailing yield: SPYI yields 11.81% and WTPI yields 12.13%. Yield changes daily with price, so check the live figures above.
How often do SPYI and WTPI pay?
SPYI pays every month and WTPI pays every month. SPYI's next ex-date is Sep 16, 2026 and WTPI's is Sep 26, 2026.
Which has grown its dividend faster, SPYI or WTPI?
SPYI has grown its payout faster: 3.6%/yr vs 3.3%/yr over the last 1 year.
Is SPYI or WTPI better for income?
It depends on what you are optimising for. SPYI and WTPI 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.