SPY vs XSPI
State Street SPDR S&P 500 ETF Trust vs NEOS Boosted S&P 500 High Income ETF
Which is better, SPY or XSPI?
Large Cap Blend against Multi Alternative.
SPY has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SPY | XSPI |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.98% |
| AUM | $777.9B | $133M |
| Dividend Yield | 1.00% | 12.88% |
| Holdings | 1,011 | 1,022 |
| YTD Return | +8.47%Best | +5.35% |
| 1Y Return | +10.88% | - |
| 3Y Return (annualized) | +20.41% | - |
| 5Y Return (annualized) | +10.90% | - |
| Fund Family | State Street Investment Management | NEOS |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Multi Alternative |
| Inception | Jan 22, 1993 | Feb 2, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
SPY vs XSPI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SPY vs XSPI Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and NEOS Boosted S&P 500 High Income ETF (XSPI) is an ETF from NEOS. Year to date, SPY is up 8.47% versus a gain of 5.35% for XSPI.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while XSPI charges 0.98%. On a $10,000 position that is $9 vs $98 annually, a gap of $89 per year that compounds over a long holding period. On income, SPY currently yields 1.00% against 12.88% for XSPI.
You are not choosing between two funds in isolation.
Whichever of SPY and XSPI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPY or XSPI?
SPY has an expense ratio of 0.09% while XSPI charges 0.98%. SPY is the cheaper option, by $89 a year on a $10,000 investment.
Which pays a higher dividend, SPY or XSPI?
SPY yields 1.00% while XSPI yields 12.88%, so XSPI currently pays the higher dividend yield.
Is XSPI better than SPY?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.