PYPYvsSPYIETF Comparison
VS
YieldMax PYPL Option Income Strategy ETF (PYPY) and NEOS S&P 500 High Income ETF (SPYI) belong to the same industry segment: Options Strategies. PYPY is more expensive with a Total Expense Ratio (TER) of 1.31%, versus 0.68% for SPYI. PYPY is down -7.44% year-to-date (YTD) with +$1M in YTD flows. SPYI performs better with 12.13% YTD performance, and +$5.64B in YTD flows. Run a side-by-side ETF comparison of PYPY and SPYI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
PYPY vs SPYI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PYPY SPYI | +1.91%+0.82% | -2.23%+4.85% | -7.44%+12.13% | -20.82%+13.43% | +14.05%+69.91% | n/an/a |
| Flows | PYPY SPYI | +$9M+$415M | +$15M+$1.69B | +$1M+$5.64B | -$3M+$6.63B | +$77M+$11.90B | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PYPY SPYI | +32.82%+8.77% | +38.11%+10.72% | +32.14%+12.50% | n/an/a |
| Max drawdown | PYPY SPYI | -15.05%-1.84% | -42.39%-7.69% | -53.34%-16.58% | n/an/a |
| Max drawdown duration | PYPY SPYI | 63d15d | 364d48d | 679d125d | n/an/a |
Trading data
PYPY | SPYI | |
Last sale 10/28/2026 at 1:30 PM | $26.21 | $53.39 |
| Previous close 10/27/2026 | $25.93 | $53.24 |
| Consolidated volume 10/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 10/28/2026 at 1:30 PM
Live
Closed
PYPY | SPYI | |
|---|---|---|
| Last price | $26.21 | $53.39 |
| 1D performance | +1.09% | +0.28% |
| AuM | $24.18 M | $12.69 B |
| E/R | 1.31% | 0.68% |
Characteristics
PYPY | SPYI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | YieldMax ETFs | NEOS Investment Management |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | September 25, 2023 | August 30, 2022 |
| ESG | No | No |
Advertisement
Exposure
Countries
PYPY
Data will be available soon
SPYI
Data will be available soon
Sectors
PYPY
Data will be available soon
SPYI
Data will be available soon
Advertisement
Diversification
PYPY
Data will be available soon
SPYI
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
PYPY
Data will be available soon
SPYI
Data will be available soon
Frequently asked questions about PYPY and SPYI
How have the PYPY and SPYI ETFs performed in 2026?
As of October 27, 2026, PYPY is down -7.44% year-to-date (YTD), while SPYI has returned 12.13%. That puts SPYI better performer ahead so far this year.
Which ETF is attracting more investor money: PYPY or SPYI?
Year-to-date, the PYPY ETF saw +$1M in flows, compared to +$5.64B for SPYI.
Which ETF is more volatile: PYPY or SPYI?
Over the past year, PYPY had a volatility of 38.11%, while SPYI experienced 10.72%.
Which ETF is bigger: PYPY or SPYI?
As of October 27, 2026, PYPY holds $24.18 M in assets under management (AUM), while SPYI manages $12.69 B.
Advertisement
Latest news about PYPY & SPYI
ETF comparison: NEOS S&P 500 High Income ETF (SPYI) Versus Goldman Sachs S&P 500 Premium Income ETF (GPIX)
September 17, 2026
SPYI
What is a Boomer Candy ETF?
September 8, 2026
SPYI
How Covered Call ETFs Evolved Through the Years
August 12, 2026
SPYI
How Investors can Maximize Tax Efficiency with Income ETFs
July 22, 2026
SPYI
Advertisement
4 Ways to Generate Income with ETFs
October 17, 2025
SPYI
Advertisement
