SPYI vs VOO vs VT vs VTI: Which Fits Each Goal in 2026?
A side-by-side comparison of NEOS S&P 500 High Income ETF, Vanguard S&P 500 ETF, Vanguard Total World Stock ETF and Vanguard Morningstar Total Stock Market ETF covering yield, cost, risk, and income potential.
Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.
VT tops the group over the trailing twelve months with a 16.81% total return, against SPYI at 14.93%, VOO at 16.19% and VTI at 15.72%. Across the 3-year window, VOO has the strongest compounding at 22.89% a year. Figures are total returns: price change plus every distribution reinvested.
Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 30, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Aug 2022” measures every fund from August 30, 2022 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the trailing 3 years. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the trailing 3 years) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Distribution rate and SEC yield
Metric
SPYI
VOO
VT
VTI
Forward distribution rate
12.05%
1.04%
1.03%
1.02%
Trailing 12-month yield
11.93%
1.06%
1.53%
1.05%
30-day SEC yield
0.46%
—
—
—
Total return (price change plus reinvested distributions) is the Total returns section above. A 30-day SEC yield can sit far from the headline distribution rate; both numbers are the fund's own published fields.
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
Capped upside and premium dependence. SPYI generates income by selling options, which trades away part of a strong rally in exchange for premium. Distributions can include return of capital, and a payout the underlying assets cannot sustain shows up as NAV erosion over time — the big yield number is not free.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
NEOS is known for developing specialized income-focused ETFs that employ strategies like covered calls, hedging, and enhanced yields across various asset classes. The firm manages 19 funds organized into nine distinct families, including offerings in equity high income, fixed income enhancement, digital assets, and alternative strategies, with popular tickers like SPYI (S&P 500 covered call), QQQI (Nasdaq-100 covered call), and QQQH (Nasdaq-100 hedged equity income). NEOS distinguishes itself in the ETF landscape through its emphasis on income generation and downside protection strategies rather than traditional growth approaches.
See our curated list of related YouTube videos on SPYI.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Vanguard is one of the largest and most established ETF issuers, known for low-cost, broadly diversified fund offerings built on passive indexing principles. Their lineup spans multiple asset classes and strategies, including core equity and bond index funds, dividend-focused portfolios, ESG-screened options, factor-based strategies, sector exposure, target-date retirement funds, and international investments across developed and emerging markets. The platform is characterized by its emphasis on accessibility and cost efficiency across a comprehensive range of fund families, serving both individual investors seeking broad market exposure and those pursuing specific income, sustainability, or thematic objectives.
See our curated list of related YouTube videos on VOO, VT and VTI.
SPYI (NEOS S&P 500 High Income ETF), VOO (Vanguard S&P 500 ETF), VT (Vanguard Total World Stock ETF), VTI (Vanguard Morningstar Total Stock Market ETF) are dividend ETFs that take different approaches.
SPYI offers the highest reported yield at 12.05%, followed by VOO at 1.04%, VT at 1.03%, VTI at 1.02%.
VOO and VTI tie for the lowest expense ratio at 0.03%, compared to 0.06% for VT and 0.68% for SPYI.
VOO is the largest fund by assets ($1041B), but assets alone do not establish trading costs or liquidity.
Still deciding? Track SPYI, VOO, VT & VTI for free
Create a free Dividend Vision account to keep them on a watchlist, get notified when they declare dividends, and see how much income they would add to your portfolio.
On a $10,000 investment: SPYI generates ~$100.42 cash per distribution, VOO generates ~$26.00 cash per distribution, VT generates ~$25.75 cash per distribution, VTI generates ~$25.50 cash per distribution at current distribution rates.
SPYI yield12.05%
VOO yield1.04%
VT yield1.03%
VTI yield1.02%
Cost & efficiency
Over 10 years on $10,000: SPYI costs ~$680, VOO costs ~$30, VT costs ~$60, VTI costs ~$30 in fees (simplified, not compounded).
SPYI ER0.68%
VOO ER0.03%
VT ER0.06%
VTI ER0.03%
Strategy & risk
SPYI tracks S&P 500 Index with an active approach; VOO tracks S&P 500 Index with a large cap approach; VT tracks FTSE Global All Cap Index with an international approach; VTI tracks Morningstar US Total Market Index.
SPYI beta0.7
VOO beta1.0
VT beta0.98
VTI beta1.0379
Fund details
SPYI is managed by NEOS (launched 08/29/2022) with $12.4B in assets. VOO is managed by Vanguard (launched 09/07/2010) with $1041B in assets. VT is managed by Vanguard (launched 06/24/2008) with $82.9B in assets. VTI is managed by Vanguard (launched 05/24/2001) with $700B in assets.
Do us a favor — if you found this comparison useful, please share it with a friend researching dividend ETFs.
Frequently asked questions
Which of SPYI, VOO, VT, and VTI is best for dividend income?
It depends on your goals. SPYI currently offers the highest reported distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility, and funds without an established distribution history have no comparable yield to evaluate. Consider your time horizon and risk tolerance.
What is the difference between SPYI, VOO, VT, and VTI?
SPYI (NEOS S&P 500 High Income ETF) tracks S&P 500 Index with an active approach, issued by NEOS. VOO (Vanguard S&P 500 ETF) tracks S&P 500 Index with a large cap approach, issued by Vanguard. VT (Vanguard Total World Stock ETF) tracks FTSE Global All Cap Index with an international approach, issued by Vanguard. VTI (Vanguard Morningstar Total Stock Market ETF) tracks Morningstar US Total Market Index, issued by Vanguard.
Can I hold SPYI, VOO, VT, and VTI together?
Yes — nothing prevents holding them together. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which of SPYI, VOO, VT and VTI is safest?
By Dividend Vision's Distribution Safety Score — a rules-based 0–100 estimate of how resilient a distribution looks, where higher is safer — they are effectively tied: VOO scores 100, VTI scores 100, SPYI scores 90, VT scores 89. Neither has a clear safety edge on that measure. SPYI has also shown lower price volatility (beta 0.70 vs 1.04 for VTI). No score makes an investment risk-free — treat this as a screening signal, not a guarantee, and the leverage, options-income, or crypto caveats flagged on this page apply regardless of score.
Which has the lowest fees among SPYI, VOO, VT, and VTI?
SPYI has an expense ratio of 0.68%, VOO has an expense ratio of 0.03%, VT has an expense ratio of 0.06%, VTI has an expense ratio of 0.03%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 generate in each?
$10,000 in SPYI yields ~$100.42 cash per distribution ($1,205.00/year). $10,000 in VOO yields ~$26.00 cash per distribution ($104.00/year). $10,000 in VT yields ~$25.75 cash per distribution ($103.00/year). $10,000 in VTI yields ~$25.50 cash per distribution ($102.00/year).
Explore related screeners
Lateral filters that include these funds — browse the full peer set on DividendVision.
Still deciding? Compare them against your own portfolio
See how each ETF fits alongside your real holdings — forecast future income, analyze overlap, and gauge risk. Start a free 7-day Dividend Vision trial and make the call with your full portfolio in view.
