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EFAA vs SPYI

Invesco MSCI EAFE Income Advantage ETF vs Neos S&P 500(R) High Income ETF

EFAA

Invesco MSCI EAFE Income Advantage ETF

Annual cost

0.39%

Fund size

$505M

SPYI

Neos S&P 500(R) High Income ETF

Annual cost

0.68%

Fund size

$10.1B

Key differences

Both EFAA and SPYI are alternative ETFs. EFAA charges 0.39% a year and SPYI 0.68%. The main difference: EFAA follows a index tracking strategy; SPYI uses option income.

  • EFAA follows a index tracking strategy; SPYI uses option income.
  • EFAA covers global markets excluding the US; SPYI covers North America.
  • EFAA costs 0.29% less per year.
  • SPYI is much larger than EFAA. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

EFAASPYI
Annual cost (TER)0.39%0.68%
Fund size (AUM)$505M$10.1B
Since20242022
Dividend yield8.11%0.50%
Asset classalternativealternative
Regionglobal ex usnorth america
Strategyindex trackingoption income
CAGR 1Y+15.2%+18.0%
CAGR 3YN/A+15.1%
CAGR 5YN/AN/A
Sharpe 3YN/A0.91
Volatility 1Y12.19%9.99%
Max drawdown-11.97%-16.47%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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