SPYI vs QYLD: Holdings Overlap
SPYINEOS S&P 500(R) High Income ETF
NEOS · 505 holdings · $11.3B · as of 2026-03-31
QYLDGlobal X NASDAQ 100 Covered Call ETF
Global X · 101 holdings · $8.2B · as of 2026-04-30
Holdings snapshots are 30 days apart (SPYI: 2026-03-31, QYLD: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are SPYI and QYLD?
NEOS S&P 500(R) High Income ETF (SPYI, by NEOS) holds 505 positions; Global X NASDAQ 100 Covered Call ETF (QYLD, by Global X) holds 101. They have 88 holdings in common, and by portfolio weight the two funds are 50.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 50.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 88SPYI holds 505 · QYLD holds 101
- Weight in Shared Holdings
- SPYI 51%·QYLD 99%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in SPYI
417 of 505 positions (48.7% of the fund) are not held by QYLD. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPYI | QYLD |
|---|---|---|
| Information Technology | 32.6% | 54.9% |
| Communication Services | 10.5% | 16.3% |
| Consumer Discretionary | 9.8% | 12.6% |
| Financials | 12.6% | 0.2% |
| Health Care | 9.4% | 4.3% |
| Other Sectors | 24.6% | 15.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SPYI | +2.7% | +10.7% | +19.9% | +16.1% | — | — | 11.65% |
| QYLD | +1.4% | +10.1% | +21.5% | +13.4% | +8.2% | +9.7% | 11.64% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in SPYI vs QYLD →
Shared Holdings(88)
The top 10 shared positions account for 71% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.59% | 8.85% | 7.59% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.74% | 7.27% | 6.74% |
 MSFTMicrosoft Corp. COM | 4.94% | 5.53% | 4.94% |
 AMZNAmazon.com, Inc. COM | 3.65% | 5.19% | 3.65% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.00% | 4.09% | 3.00% |
 AVGOBroadcom Inc COM | 2.61% | 3.61% | 2.61% |
 GOOGAlphabet Inc. CAP STK CL C | 2.39% | 3.79% | 2.39% |
 METAMeta Platforms, Inc., Class A | 2.24% | 3.29% | 2.24% |
 TSLATesla Inc COM | 1.87% | 3.48% | 1.87% |
 WMTWalmart Inc COM | 0.98% | 3.25% | 0.98% |
 COSTCostco Wholesale Corporation COM | 0.78% | 2.27% | 0.78% |
 NFLXNetflix, Inc. COM | 0.73% | 1.99% | 0.73% |
 MUMicron Technology Inc. COM | 0.68% | 2.93% | 0.68% |
 PLTRPalantir Technologies, Inc., Class A | 0.59% | 1.60% | 0.59% |
 AMDAdvanced Micro Devices Inc. COM | 0.59% | 2.91% | 0.59% |
 CSCOCisco Systems, Inc. COM | 0.55% | 1.82% | 0.55% |
 AMATApplied Materials Inc. COM | 0.48% | 1.58% | 0.48% |
 LRCXLam Research Corporation COM NEW | 0.47% | 1.62% | 0.47% |
 LINLinde PLC COM EUR0.001 | 0.41% | 1.17% | 0.41% |
 PEPPepsico Inc COM | 0.37% | 1.09% | 0.37% |
 INTCIntel Corporation COM | 0.35% | 2.38% | 0.35% |
 KLACKLA Corp. COM NEW | 0.34% | 1.16% | 0.34% |
 AMGNAmgen Inc. COM | 0.34% | 0.94% | 0.34% |
 TXNTexas Instruments Inc. COM | 0.31% | 1.28% | 0.31% |
 GILDGilead Sciences Inc. COM | 0.30% | 0.82% | 0.30% |
Frequently Asked Questions
How much do SPYI and QYLD overlap?
SPYI and QYLD overlap by 50.8% of portfolio weight. They share 88 holdings (SPYI holds 505 positions and QYLD holds 101), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPYI and QYLD?
The two portfolios are 50.8% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of SPYI and QYLD?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 71% of the total overlap.
What does SPYI own that QYLD doesn't?
417 positions (48.7% of SPYI) are unique to SPYI, led by BRK-B, JPM and LLY. In the other direction, 13 positions (4.5% of QYLD) are unique to QYLD.