SPYI vs XYLD: Holdings Overlap
SPYINEOS S&P 500(R) High Income ETF
NEOS · 505 holdings · $11.3B · as of 2026-03-31
XYLDGlobal X S&P 500 Covered Call ETF
Global X · 504 holdings · $3.2B · as of 2026-04-30
Holdings snapshots are 30 days apart (SPYI: 2026-03-31, XYLD: 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 XYLD?
NEOS S&P 500(R) High Income ETF (SPYI, by NEOS) holds 505 positions; Global X S&P 500 Covered Call ETF (XYLD, by Global X) holds 504. They have 502 holdings in common, and by portfolio weight the two funds are 95.3% identical. In practical terms the pair is essentially interchangeable, so holding both adds little diversification.
- Overlap by Weight
- 95.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 502SPYI holds 505 · XYLD holds 504
- Weight in Shared Holdings
- SPYI 99%·XYLD 102%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
Sector Breakdown
| Sector | SPYI | XYLD |
|---|---|---|
| Information Technology | 32.6% | 35.4% |
| Financials | 12.6% | 12.2% |
| Communication Services | 10.5% | 11.4% |
| Consumer Discretionary | 9.8% | 10.2% |
| Health Care | 9.4% | 8.7% |
| Other Sectors | 24.6% | 23.9% |
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% |
| XYLD | +2.4% | +9.1% | +18.7% | +12.0% | +8.0% | +8.3% | 10.43% |
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 XYLD →
Shared Holdings(502)
The top 10 shared positions account for 38% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 7.59% | 8.00% | 7.59% |
|---|---|---|---|
 AAPLApple Inc. COM | 6.74% | 6.57% | 6.57% |
 MSFTMicrosoft Corp. COM | 4.94% | 4.99% | 4.94% |
 AMZNAmazon.com, Inc. COM | 3.65% | 4.27% | 3.65% |
 GOOGLAlphabet Inc. CAP STK CL A | 3.00% | 3.69% | 3.00% |
 AVGOBroadcom Inc COM | 2.61% | 3.26% | 2.61% |
 GOOGAlphabet Inc. CAP STK CL C | 2.39% | 2.94% | 2.39% |
 METAMeta Platforms, Inc., Class A | 2.24% | 2.21% | 2.21% |
 TSLATesla Inc COM | 1.87% | 1.77% | 1.77% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.58% | 1.43% | 1.43% |
 JPMJPMorgan Chase & Co. COM | 1.44% | 1.39% | 1.39% |
 LLYEli Lilly & Co. COM | 1.32% | 1.22% | 1.22% |
 XOMExxon Mobil Corp. COM | 1.29% | 1.06% | 1.06% |
 WMTWalmart Inc COM | 0.98% | 0.95% | 0.95% |
 VVisa, Inc., Class A | 0.91% | 0.91% | 0.91% |
 JNJJohnson & Johnson COM | 1.06% | 0.91% | 0.91% |
 COSTCostco Wholesale Corporation COM | 0.78% | 0.74% | 0.74% |
 MUMicron Technology Inc. COM | 0.68% | 0.96% | 0.68% |
 MAMasterCard Incorporated CL A | 0.73% | 0.67% | 0.67% |
 NFLXNetflix, Inc. COM | 0.73% | 0.65% | 0.65% |
 ABBVAbbVie Inc. COM | 0.69% | 0.62% | 0.62% |
 CVXChevron Corp. COM | 0.69% | 0.60% | 0.60% |
 AMDAdvanced Micro Devices Inc. COM | 0.59% | 0.95% | 0.59% |
 CATCaterpillar Inc COM | 0.58% | 0.68% | 0.58% |
 BACBank of America Corp. COM | 0.58% | 0.58% | 0.58% |
Showing the top 250 of 502 shared holdings by overlap weight.
Frequently Asked Questions
How much do SPYI and XYLD overlap?
SPYI and XYLD overlap by 95.3% of portfolio weight. They share 502 holdings (SPYI holds 505 positions and XYLD holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPYI and XYLD?
The two portfolios are 95.3% identical by weight. Owning both is largely redundant: they are close to the same portfolio, so a second position mostly duplicates the first.
What are the biggest shared holdings of SPYI and XYLD?
The largest positions held by both funds are NVDA, AAPL, MSFT, AMZN and GOOGL. Together the top 10 shared positions account for 38% of the total overlap.
What does SPYI own that XYLD doesn't?
3 positions (0.0% of SPYI) are unique to SPYI, led by HOLX, ABIOMED INC and SYCAMORE PARTNERS LLC -RIGHT. In the other direction, 2 positions (0.2% of XYLD) are unique to XYLD.