SPYI vs XRMI
Neos S&P 500(R) High Income ETF compared with Global X S&P 500 Risk Managed Income ETF on yield, payout growth, payment schedule, cost and risk.
SPYI
Neos S&P 500(R) High Income ETF
TTM yield · Monthly
XRMI
Global X S&P 500 Risk Managed Income ETF
TTM yield · Monthly
Quick take
- XRMI yields more today: 12.41% vs 11.81% (forward).
- SPYI has grown its payout faster: 3.6%/yr vs -4.4%/yr over the last 1 year.
- Both pay every month.
- Over the last year SPYI delivered the higher total return: +16.6% vs +10.5% (price change plus payouts).
- XRMI is cheaper to own: 0.60% vs 0.68% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | SPYI | XRMI |
|---|---|---|
| Share price | $53.65 | $17.35 |
| TTM yield | 11.81% | 12.41% |
| Forward yield | 11.81% | 12.41% |
| Annual payout per share | $6.334 | $2.154 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Sep 16, 2026 (est.) | Sep 21, 2026 (est.) |
| Expense ratio | 0.68% | 0.60% |
| 1-year payout growth | +3.6% | -4.4% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 3 years | 0 years |
| Payout consistency (last 12) | 99/100 | 97/100 |
| 1-year total return | +16.6% | +10.5% |
| 1-year price return | +4.3% | -1.7% |
| Size (market cap / AUM) | 11.7B | 49.5M |
| Years paying | 4.0 | 5.0 |
| 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 | XRMI | |
|---|---|---|
| Shares | 186.4 | 576.2 |
| Income per year | $1,181 | $1,241 |
| Income per month (avg) | $98 | $103 |
At forward yields, before taxes. Model SPYI · Model XRMI
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. |
| XRMI Sep 21, 2026 | Oct 5, 2026 | $0.1795 | Est. |
| XRMI Oct 19, 2026 | Nov 2, 2026 | $0.1795 | Est. |
| XRMI Nov 16, 2026 | Nov 30, 2026 | $0.1795 | Est. |
Annual payouts per share
SPYIXRMI
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 XRMI?
XRMI currently has the higher trailing yield: SPYI yields 11.81% and XRMI yields 12.41%. Yield changes daily with price, so check the live figures above.
How often do SPYI and XRMI pay?
SPYI pays every month and XRMI pays every month. SPYI's next ex-date is Sep 16, 2026 and XRMI's is Sep 21, 2026.
Which has grown its dividend faster, SPYI or XRMI?
SPYI has grown its payout faster: 3.6%/yr vs -4.4%/yr over the last 1 year.
Is SPYI or XRMI better for income?
It depends on what you are optimising for. SPYI and XRMI 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.