SPYI vs VOO: ETF Comparison
Compare SPYI (NEOS S&P 500 High Income ETF) and VOO (Vanguard S&P 500 ETF) side by side by average annual total return since inception — one fair number covering price and dividends.
Updated Aug 4, 2026
*For entertainment purposes ONLY! NOT financial advice! Data may be inaccurate.*
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SPYI vs VOO: The Verdict
On average annual total return since inception, VOO is virtually tied with SPYI — +15.0% vs +14.6%. With a gap this small, the deciding factors are more likely to be yield, payout schedule, and how each strategy fits your goals than raw performance.
Keep the track records in mind: VOO has been trading for 15.9 years, while SPYI has only 3.9 years of history. A shorter track record means the younger fund's average has been shaped by fewer market environments — one strong or weak stretch moves the needle more.
Income investors will notice the yield gap: SPYI currently yields 11.94% vs VOO's 1.1%. Higher yield often comes with trade-offs in price appreciation, which is exactly why total return is the fairer scoreboard.
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SPYI vs VOO Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| SPYI | NEOS S&P 500 High Income ETF | NEOS | 8/30/2022 | 3.9y | +71.0% | +14.6% | 11.94% | 0.68% | B |
| VOO | Vanguard S&P 500 ETF | Vanguard | 9/7/2010 | 15.9y | +818.0% | +15.0% | 1.1% | 0.03% | A |
SPYI vs VOO — Frequently Asked Questions
Which is better, SPYI or VOO?
By average annual total return since inception, VOO is virtually tied with SPYI (+15.0% vs +14.6% per year). "Better" depends on your goals — yield, payout frequency, and strategy differ between the two funds.
What is the difference between SPYI and VOO?
SPYI (NEOS S&P 500 High Income ETF) is offered by NEOS and currently yields 11.94%. VOO (Vanguard S&P 500 ETF) is offered by Vanguard and yields 1.1%. Their average annual total returns since inception are +14.6% and +15.0% respectively.
Does VOO pay a higher dividend than SPYI?
VOO currently yields 1.1% and SPYI yields 11.94%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.