More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$3.28B
P/E ratio
22.7
Dividend yield
10.5296%
Expense ratio
0.6%
Beta
0.495485
Previous close
$41.58
Today's open
$41.63
Day's range
$41.59 - $41.63
52 week range
$38.22 - $41.63
Equities
Multi Alternative
7.44%
6.52%
4.31%
3.27%
2.78%
2.62%
2.03%
1.94%
1.83%
SPYI's 11.7% Yield Hides $2,927.50 Annual Fee Gap Versus SPY
The appeal is easy to understand: invest $500,000 of Roth IRA assets in the NEOS S&P 500 High Income ETF (CBOE:SPYI) and potentially collect close to $60,000 per year in tax-free distributions.
24/7 Wall Street • Aug 11, 2026

My Income Portfolio: The Music Of Dividends
A note is the basic element of musical language: each one represents a sound, and through their combination music takes shape. As with notes on a staff, infinite are the combinations of financial instruments through which investors' portfolios take shape. My current portfolio consists of 28 securities that play a music generated by the flow of dividends against the backdrop of a rising NAV for most of them.
Seeking Alpha • Aug 10, 2026

2 High-Yield Picks Built To Survive The AI Bubble
The risk of AI-driven correction is definitely material. However, stepping completely outside of the AI space might again turn out to be a costly move as it has been in the past couple of years. In this context, as an income investor, I like AI names (large-cap technology indices) that offer some downside protection.
Seeking Alpha • Aug 6, 2026

This S&P 500 Fund Pays You Every Friday and Still Returned 20% Over the Past Year
If you own the Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD), the logic was probably simple: keep your S&P 500 exposure, collect a fat monthly check, and let sold call options do the income work.
24/7 Wall Street • Jul 29, 2026

4 Covered Call ETFs to Buy in 2026: Skip XYLD's 0.60% Fee for Cheaper Alternatives
Covered call ETFs promise a trade every income investor understands: cap the upside in exchange for cash today.
24/7 Wall Street • Jul 18, 2026

XYLD Versus SPY: The 28% Price Return Gap Nobody Discusses
The Global X S&P 500 Covered Call ETF (NYSEARCA:XYLD) pays income the way a landlord collects rent on someone else's future gains.
24/7 Wall Street • Jul 16, 2026

GPIX Vs. XYLD: The Regime Decides, And Retirees Can't Pick It
I have consistently favored the Goldman Sachs S&P 500 Premium Income ETF for its agile covered call methodology and strong historical performance. GPIX's flexibility may be untested in prolonged drawdowns or rangebound markets, with a 75% call-writing cap potentially limiting alpha in certain regimes. The Global X S&P 500 Covered Call ETF has notably underperformed during sharp rebounds and strong bull markets, but long-term data points to sustained periods of strong performance in the right regimes.
Seeking Alpha • Jul 16, 2026

XYLD Investors Gave Up 28% in Gains: The Covered-Call Ceiling No One Talks About
If you owned Global X S&P 500 Covered Call ETF (NYSE:XYLD) for the past five years, you collected a fat monthly check and cheered every payday.
24/7 Wall Street • Jul 15, 2026

3 Covered Call ETFs to Buy for Monthly Income in 2026
The ProShares S&P 500 High Income ETF (NYSEARCA:ISPY) charges 0.56% a year to run a daily
24/7 Wall Street • Jul 15, 2026

S&P 500 Volatility Is Too Low: JEPI Is A Better Hedge Than XYLD
JEPI and XYLD are timely hedging ideas amid muted volatility and elevated S&P 500 valuations. JEPI offers lower fees (0.35% vs. 0.60%), higher liquidity, and more balanced, value-oriented sector exposure than XYLD. JEPI's active management and diversified holdings provide superior drawdown resilience versus XYLD, especially in market downturns.
Seeking Alpha • Jul 7, 2026

¹ Disclosures

Open an M1 investment account to buy and sell Global X S&P 500 Covered Call ETF commission-free¹. Build wealth for the long term using automated trading and transfers.