SPYI vs XLVI
Neos S&P 500(R) High Income ETF compared with State Street Health Care Select Sector SPDR Premium Income ETF on yield, payout growth, payment schedule, cost and risk.
SPYI
Neos S&P 500(R) High Income ETF
TTM yield · Monthly
XLVI
State Street Health Care Select Sector SPDR Premium Income ETF
TTM yield · Monthly
Quick take
- XLVI yields more today: 12.09% vs 12.01% (forward).
- Both pay every month.
- Over the last year XLVI delivered the higher total return: +19.5% vs +12.7% (price change plus payouts).
- XLVI is cheaper to own: 0.35% vs 0.68% expense ratio.
- SPYI has the steadier distribution: consistency 98/100 vs 84/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SPYI | XLVI |
|---|---|---|
| Share price | $52.64 | $27.17 |
| TTM yield | 12.01% | 12.09% |
| Forward yield | 12.01% | 12.09% |
| Annual payout per share | $6.323 | $3.286 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Nov 18, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.68% | 0.35% |
| 1-year payout growth | +3.1% | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 3 years | 0 years |
| Payout consistency (last 12) | 98/100 | 84/100 |
| 1-year total return | +12.7% | +19.5% |
| 1-year price return | +0.7% | +6.6% |
| Size (market cap / AUM) | 12.2B | 27.6M |
| Years paying | 4.1 | 1.1 |
| 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
| SPYI | XLVI | |
|---|---|---|
| Shares | 190.0 | 368.1 |
| Income per year | $1,201 | $1,209 |
| Income per month (avg) | $100 | $101 |
At forward yields, before taxes. Model SPYI · Model XLVI
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| 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. |
| XLVI Oct 31, 2026 | Nov 14, 2026 | $0.2738 | Est. |
| XLVI Nov 30, 2026 | Dec 14, 2026 | $0.2738 | Est. |
| XLVI Dec 30, 2026 | Jan 13, 2027 | $0.2738 | Est. |
Annual payouts per share
SPYIXLVI
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 XLVI?
XLVI currently has the higher trailing yield: SPYI yields 12.01% and XLVI yields 12.09%. Yield changes daily with price, so check the live figures above.
How often do SPYI and XLVI pay?
SPYI pays every month and XLVI pays every month. SPYI's next ex-date is Nov 18, 2026 and XLVI's is Oct 31, 2026.
Is SPYI or XLVI better for income?
It depends on what you are optimising for. SPYI and XLVI 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.