SPIN vs YLDY: Grades, Fees and Holdings Compared

State Street US Equity Premium Income ETF

SPINACboe

Horizon High Income ETF

YLDY—Cboe

Overlap

45.5%by weight

Expense ratio

SPIN −0.45pt a year

SPIN0.25%YLDY0.70%

Avg volume · 30D

YLDY 4.3×the volume

SPIN3.8KYLDY16.4K

SPIN vs YLDY Performance

Oct 2, 2026 – Nov 2, 2026

−2.0%SPIN−0.9%YLDY

Expense ratio: SPIN 0.25%, better; YLDY 0.70%
Fund size: SPIN $46M; YLDY $21M
1Y total return: SPIN +6.6%; YLDY No data
Yield (12M): SPIN 5.38%; YLDY No data
Holdings: SPIN 96; YLDY 199
Avg volume (30D): SPIN 3.8K sh; YLDY 16.4K sh, better
NAV per share: SPIN $33.51; YLDY $24.37
52W range

ETF.net Grade

—YLDYNot yet graded

Pillar letters and Scores for SPIN, YLDY, with each pillar’s weight
Pillar	SPIN	YLDY
Cost30% weight	A100	Not scored
Mission25% weight	A90	Not scored
Risk15% weight	D31	Not scored
Tradability15% weight	C45	Not scored
Holdings10% weight	B61	Not scored
Durability5% weight	B61	Not scored

Rank among S&P 500 Active Option Income funds

How we build Categories ›

S&P 500 Active Option Income⁠

Category · 15 funds

See all 15 ›

SPIN ranks 5th of 15 funds in the S&P 500 Active Option Income Category.

Rank 4ADIVOAmplify CWP Enhanced Dividend Income ETFScore 73
Rank 5ASPINState Street US Equity Premium Income ETFScore 72
Rank 6AHELOJPMorgan Hedged Equity Laddered Overlay ETFScore 71
YLDYNot yet graded

Our read on each fund

ETF.net Research

SPINAState Street US Equity Premium Income ETF

YLDY—Horizon High Income ETF

In short

SPIN State Street's take on the covered-call boom: an actively picked book of large- and mid-cap US stocks with index calls written over the top, priced at 0.25% a year, a fraction of the typical options-income fee.

YLDY No data

Stated mandate

SPIN SPIN seeks current income while retaining potential for long-term growth. It actively invests in large- and mid-cap U.S. stocks selected for fundamentals, valuation, and growth prospects, while dynamically selling calls on a U.S. large-cap exposure such as the S&P 500 to add monthly income.

YLDY No data

Why people hold it

SPIN 0.25% a year, a fraction of the typical options-income fee, and it undercuts close peers like PAPI (0.29%), ROCY and JOYT (0.35%) and DIVO (0.56%).
Calls are sold against a US large-cap exposure such as the S&P 500 rather than name by name, so the stock sleeve's individual winners aren't each capped.ssga.com
Underneath the overlay sits a real stock book: roughly 90 large- and mid-cap US names chosen on fundamentals, valuation and growth. Income is paid monthly.
On cost and how closely it delivers its stated mandate, it sits among the stronger builds in a crowded options-income field.

YLDY No data

Worth knowing

SPIN The overlay pays for monthly income by giving up part of a sharp rally in the index it writes against. That trade sits at the heart of every covered-call fund.
Small and lightly traded next to the category's household names, which can mean wider spreads getting in and out.
Live since 2024, so the track record is short and hasn't spanned a full market cycle.

YLDY No data

Full SPIN profile⁠

Full YLDY profile⁠

SPIN vs YLDY Holdings

How SPIN and YLDY differ

Overlap by weight

45.5%

Shared holdings make up 67.9% of SPIN and 49.4% of YLDY.

Level by level

Holdings55 in both45.5%
Sector11 Sectors88.3%
Countryby domicile99.0%
Asset classEquity100%

Sector

Sector weights in SPIN and YLDY, widest gap first
Sector	More in SPINMore in YLDY	SPIN	YLDY
Consumer Staples	YLDY +4.9 points	3.0%	7.9%
Industrials	SPIN +4.5 points	9.3%	4.8%
Health Care	SPIN +3.5 points	10.1%	6.6%
Technology	YLDY +3.2 points	39.0%	42.2%
Energy	YLDY +2.2 points	3.3%	5.5%
Real Estate	SPIN +1.2 points	1.2%	0.0%
Utilities	YLDY +1.1 points	1.6%	2.7%
Materials	SPIN +1.0 points	2.1%	1.1%
Communication	SPIN +1.0 points	10.2%	9.2%
Consumer Discretionary	SPIN +0.4 points	8.6%	8.2%
Financials	YLDY +0.3 points	11.5%	11.8%

Country, concentration and asset class

Country by domicile

Country weights in SPIN and YLDY, widest gap first
Country	More in SPINMore in YLDY	SPIN	YLDY
United Kingdom	SPIN +1.0 points	1.0%	0.0%
United States	YLDY +0.9 points	98.6%	99.5%
Switzerland	YLDY +0.1 points	0.4%	0.5%

Concentration

Weight in the 10 largest Holdings

SPIN45.9%
YLDY36.2%

Securities held

SPIN94
YLDY198

Asset class

SPIN: Equity
YLDY: Equity

Holdings

Only in SPIN39
In both55
Only in YLDY143

Only in SPIN

39 securities, 31.8% of SPIN by weight

Apple Inc6.21%
Amazon.com Inc4.64%
Advanced Micro Devices2.23%
Applied Materials Inc1.44%
Amphenol Corp Class A1.35%
Berkshire Hathaway Inc Class B1.11%
Wabtec Corp1.11%
Astrazeneca PLC0.97%
Equinix Inc0.94%
Rtx Corp0.78%
Boston Scientific Corp0.74%
Sempra0.72%
Alphabet Inc Class C0.68%
Autozone Inc0.67%
Martin Marietta Materials0.63%
Robinhood Markets Inc A0.60%
Cme Group Inc0.59%
Mongodb Inc0.59%
Abbott Laboratories0.57%
O Reilly Automotive Inc0.54%
Intuitive Surgical Inc0.44%
Idexx Laboratories Inc0.42%
Synopsys Inc0.36%
Bank of America Corp0.35%
Intercontinental Exchange In0.31%
Cbre Group Inc A0.30%
Snowflake Inc0.27%
Tetra Tech Inc0.27%
Vistra Corp0.26%
American Electric Power0.24%
Dexcom Inc0.23%
Api Group Corp0.22%
Repligen Corp0.20%
Ecolab Inc0.19%
Cooper Cos Inc/The0.19%
American International Group0.16%
Mastec Inc0.14%
Intl Flavors & Fragrances0.10%
Cloudflare Inc Class A0.08%

Only in YLDY

143 securities, 50.2% of YLDY by weight

Apple Inc6.52%
Amazon.com Inc2.90%
AbbVie Inc1.40%
Chevron Corp1.25%
Berkshire Hathaway Inc1.21%
Advanced Micro Devices Inc1.03%
Coca-Cola Co/The1.02%
Cisco Systems Inc1.02%
International Business Machines Corp0.90%
UnitedHealth Group Inc0.86%
Bank of America Corp0.80%
Accenture PLC0.74%
Verizon Communications Inc0.73%
Morgan Stanley0.70%
AT&T Inc0.58%
Analog Devices Inc0.58%
RTX Corp0.57%
Amgen Inc0.56%
Applied Materials Inc0.53%
Dell Technologies Inc0.52%
Salesforce Inc0.51%
TJX Cos Inc/The0.49%
Lowe's Cos Inc0.48%
Pfizer Inc0.46%
Caterpillar Inc0.46%
Union Pacific Corp0.46%
Gilead Sciences Inc0.45%
Citigroup Inc0.45%
Palo Alto Networks Inc0.44%
Amphenol Corp0.44%
Ge Aerospace0.44%
Blackrock Inc0.42%
Kla Corp0.41%
Lockheed Martin Corp0.39%
Marriott International Inc/MD0.39%
Abbott Laboratories0.39%
American Express Co0.37%
Intuit Inc0.37%
Arista Networks Inc0.37%
Marvell Technology Inc0.36%
Altria Group Inc0.34%
Southern Co/The0.34%
Automatic Data Processing Inc0.34%
Motorola Solutions Inc0.34%
Duke Energy Corp0.32%
Ford Motor Co0.32%
United Parcel Service Inc0.32%
Yum! Brands Inc0.32%
Bristol-Myers Squibb Co0.31%
Sandisk Corp0.31%

Weight gaps

All 55 Holdings in both funds, largest gap first.

Holding weights in SPIN and YLDY, widest gap first
Holding	More in SPINMore in YLDY	SPIN	YLDY
NVIDIA CorpNVDA	SPIN +2.68 points	9.35%	6.67%
Microsoft CorpMSFT	SPIN +1.51 points	7.45%	5.94%
Micron Technology IncMU	SPIN +1.36 points	2.67%	1.31%
Broadcom IncAVGO	SPIN +1.11 points	3.43%	2.32%
Emerson Electric CoEMR	SPIN +1.10 points	1.31%	0.21%
United Rentals IncURI	SPIN +1.02 points	1.13%	0.11%
Parker Hannifin CorpPH	SPIN +0.94 points	1.11%	0.17%
Uber Technologies IncUBER	SPIN +0.87 points	1.00%	0.13%
Eli Lilly & CoLLY	SPIN +0.86 points	2.44%	1.58%
Meta Platforms Inc Class AMETA	SPIN +0.84 points	2.89%	2.05%
Danaher CorpDHR	SPIN +0.81 points	0.94%	0.13%
Waste Management IncWM	SPIN +0.77 points	0.99%	0.22%
Tesla IncTSLA	YLDY +0.67 points	0.51%	1.18%
Marsh & Mclennan CosMRSH	SPIN +0.63 points	0.82%	0.19%
Seagate Technology HoldingsSTX	SPIN +0.55 points	0.88%	0.33%
Netflix IncNFLX	SPIN +0.55 points	0.88%	0.33%
Linde PLCLIN	SPIN +0.54 points	1.03%	0.49%
Visa Inc Class A SharesV	SPIN +0.52 points	1.66%	1.14%
McDonald’s CorpMCD	YLDY +0.51 points	0.20%	0.71%
S+p Global IncSPGI	SPIN +0.50 points	0.69%	0.19%
Procter & Gamble Co/ThePG	YLDY +0.46 points	0.58%	1.04%
ConocophillipsCOP	SPIN +0.44 points	0.73%	0.29%
T Mobile Us IncTMUS	YLDY +0.41 points	0.13%	0.54%
Thermo Fisher Scientific IncTMO	SPIN +0.40 points	0.58%	0.18%
Mastercard Inc AMA	SPIN +0.40 points	1.15%	0.75%
Exxonmobil Holdings CorpXOM	SPIN +0.37 points	2.31%	1.94%
Alphabet Inc Class AGOOGL	SPIN +0.36 points	4.56%	4.20%
Eaton Corp PLCETN	SPIN +0.33 points	0.60%	0.27%
Philip Morris InternationalPM	YLDY +0.31 points	0.60%	0.91%
Monster Beverage CorpMNST	SPIN +0.30 points	0.41%	0.11%
Pepsico IncPEP	YLDY +0.29 points	0.24%	0.53%
Ww Grainger IncGWW	SPIN +0.27 points	0.37%	0.10%
General Motors CoGM	SPIN +0.26 points	0.57%	0.31%
Cummins IncCMI	SPIN +0.24 points	0.39%	0.15%
Merck & Co. Inc.MRK	YLDY +0.24 points	0.69%	0.93%
Crowdstrike Holdings Inc ACRWD	YLDY +0.23 points	0.18%	0.41%
Baker Hughes CoBKR	SPIN +0.23 points	0.32%	0.09%
Home Depot IncHD	SPIN +0.22 points	1.34%	1.12%
Texas Instruments IncTXN	YLDY +0.22 points	0.64%	0.86%
Costco Wholesale CorpCOST	YLDY +0.20 points	0.33%	0.53%
Walmart IncWMT	SPIN +0.20 points	0.71%	0.51%
Johnson & JohnsonJNJ	SPIN +0.18 points	1.73%	1.55%
Goldman Sachs Group IncGS	SPIN +0.19 points	0.76%	0.57%
Chubb LtdCB	SPIN +0.17 points	0.40%	0.23%
Palantir Technologies Inc APLTR	SPIN +0.16 points	0.75%	0.59%
Walt Disney Co/TheDIS	YLDY +0.16 points	0.37%	0.53%
Vertex Pharmaceuticals IncVRTX	SPIN +0.14 points	0.24%	0.10%
Progressive CorpPGR	YLDY +0.14 points	0.27%	0.41%
Wells Fargo & CoWFC	SPIN +0.10 points	0.69%	0.59%
Nextera Energy IncNEE	YLDY +0.10 points	0.42%	0.52%
Freeport Mcmoran IncFCX	SPIN +0.09 points	0.23%	0.14%
JPMorgan Chase & CoJPM	SPIN +0.09 points	2.12%	2.03%
Mondelez International Inc AMDLZ	SPIN +0.08 points	0.24%	0.16%
Lam Research CorpLRCX	YLDY +0.03 points	0.47%	0.50%
Oracle CorpORCL	SPIN +0.02 points	0.38%	0.36%

All 94 SPIN holdings⁠All 200 YLDY holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SPIN vs YLDY Cost

Overpaying YLDY vs SPIN

$8,447

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

SPIN 0.25%
$5,159
YLDY 0.70%
$13,606

Amount$10,000

Years30 years

Cost over time

SPIN 0.25%
YLDY 0.70%
Overpaying

Year by year

Year	SPIN	YLDY	Overpaying
10	$455	$1,250	$795
20	$1,769	$4,760	$2,991
30	$5,159	$13,606	$8,447

Expense ratio

0.25%SPIN, cheaper
0.70%YLDY

SPIN0.25%YLDY0.70%

0.25%0.92%

Middle half of S&P 500 Active Option Income funds
Median 0.56%

SPIN cheapest of 15 funds

YLDY 10th cheapest of 15 funds

SPIN vs YLDY Dividends

Last 12 months to Nov 2, 2026

Yield (12M): SPIN 5.38%; YLDY No data
Payout (12M): SPIN $1.76; YLDY No data
Last payment: SPIN $0.15; YLDY $0.24
Ex-dividend: SPIN Nov 2, 2026; YLDY Oct 29, 2026
Paid on: SPIN Pays Nov 4, 2026; YLDY Oct 30, 2026
Frequency: SPIN Monthly; YLDY Monthly

Distribution history

Per share, 2024 to 2026, same scale for both

SPINMonthly · 26 paymentsAll SPIN payments⁠

YLDYMonthly · 3 paymentsAll YLDY payments⁠

SPIN vs YLDY Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: SPIN 9.3%since Oct 2024YLDY No data
Return per unit of riskSharpe ratio, 3 years: SPIN 0.73since Oct 2024YLDY No data
Worst fallMax drawdown, 5 years: SPIN −16.8%since Sep 2024YLDY No data
Market sensitivityBeta, 5 years: SPIN 0.64YLDY 0.00; Market = 1

Popular comparisons

SPINAvsJEPIA
State Street US Equity Premium Income ETF · JPMorgan Equity Premium Income ETF
Expense ratio
0.25% · 0.35%
Category
YLDY—vsJEPIA
Horizon High Income ETF · JPMorgan Equity Premium Income ETF
Expense ratio
0.70% · 0.35%
Category
SPINAvsJOYTA
State Street US Equity Premium Income ETF · JPMorgan Equity and Options Total Return ETF
Expense ratio
0.25% · 0.35%
Category
YLDY—vsJOYTA
Horizon High Income ETF · JPMorgan Equity and Options Total Return ETF
Expense ratio
0.70% · 0.35%
Category
SPINAvsROCYA
State Street US Equity Premium Income ETF · JPMorgan Equity Premium Yield ETF
Expense ratio
0.25% · 0.35%
Category
YLDY—vsROCYA
Horizon High Income ETF · JPMorgan Equity Premium Yield ETF
Expense ratio
0.70% · 0.35%
Category