DTCR vs. SPYI

Last updated Jun 14, 2026

DTCR (Global X Data Center & Digital Infrastructure ETF) and SPYI (NEOS S&P 500 High Income ETF) are both exchange-traded funds - DTCR is a REIT fund tracking the Solactive Data Center REITs & Digital Infrastructure Index, while SPYI is a Derivative Income fund actively managed by Neos. DTCR is passively managed, while SPYI is actively managed. Over the past 3 years, DTCR returned 33.82%/yr vs 15.48%/yr for SPYI. A 0.67 correlation means they provide meaningful diversification when combined. DTCR charges 0.50%/yr vs 0.68%/yr for SPYI.

Performance

DTCR vs. SPYI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Data Center & Digital Infrastructure ETF (DTCR) and NEOS S&P 500 High Income ETF (SPYI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DTCR achieves a 47.68% return, which is significantly higher than SPYI's 6.31% return.

DTCR

• 1D: 0.23%
• 1M: 5.06%
• YTD: 47.68%
• 6M: 48.56%
• 1Y: 76.02%
• 3Y*: 33.82%
• 5Y*: 14.12%
• 10Y*: —

SPYI

• 1D: 0.53%
• 1M: 0.20%
• YTD: 6.31%
• 6M: 6.98%
• 1Y: 20.84%
• 3Y*: 15.48%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DTCR vs. SPYI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
DTCR Global X Data Center & Digital Infrastructure ETF	47.68%	28.99%	14.92%	18.93%	-13.98%
SPYI NEOS S&P 500 High Income ETF	6.31%	16.67%	19.03%	18.09%	-3.96%

Correlation

The correlation between DTCR and SPYI is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (All Time) Calculated using the full available price history since Aug 30, 2022	0.67

The correlation between DTCR and SPYI has been stable across timeframes, ranging from 0.64 to 0.67 - a consistent structural relationship.

Return for Risk

DTCR vs. SPYI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DTCR

DTCR Risk / Return Rank: 91
DTCR Sharpe Ratio Rank: 94
DTCR Sortino Ratio Rank: 91
DTCR Omega Ratio Rank: 90
DTCR Calmar Ratio Rank: 93
DTCR Martin Ratio Rank: 89

SPYI

SPYI Risk / Return Rank: 71
SPYI Sharpe Ratio Rank: 71
SPYI Sortino Ratio Rank: 69
SPYI Omega Ratio Rank: 76
SPYI Calmar Ratio Rank: 60
SPYI Martin Ratio Rank: 78

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DTCR vs. SPYI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Data Center & Digital Infrastructure ETF (DTCR) and NEOS S&P 500 High Income ETF (SPYI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DTCR	SPYI	Difference
Sharpe ratio: Return per unit of total volatility	3.16	1.98	+1.18
Sortino ratio: Return per unit of downside risk	3.83	2.68	+1.14
Omega ratio: Gain probability vs. loss probability	1.50	1.39	+0.12
Calmar ratio: Return relative to maximum drawdown	5.64	2.59	+3.04
Martin ratio: Return relative to average drawdown	17.40	13.05	+4.36

DTCR vs. SPYI - Sharpe Ratio Comparison

The current DTCR Sharpe Ratio is 3.16, which is higher than the SPYI Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of DTCR and SPYI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DTCR vs. SPYI - Drawdown Comparison

The maximum DTCR drawdown since its inception was -38.98%, which is greater than SPYI's maximum drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for DTCR and SPYI.

Drawdown Indicators

	DTCR	SPYI	Difference
Max Drawdown Largest peak-to-trough decline	-38.98%	-16.47%	-22.51%
Max Drawdown (1Y) Largest decline over 1 year	-12.89%	-7.72%	-5.17%
Max Drawdown (3Y) Largest decline over 3 years	-24.96%	-16.47%	-8.49%
Max Drawdown (5Y) Largest decline over 5 years	-38.98%	—	—
Current Drawdown Current decline from peak	-3.92%	-1.79%	-2.13%
Average Drawdown Average peak-to-trough decline	-12.32%	-1.81%	-10.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.17%	1.53%	+2.64%

Volatility

DTCR vs. SPYI - Volatility Comparison

Global X Data Center & Digital Infrastructure ETF (DTCR) has a higher volatility of 9.32% compared to NEOS S&P 500 High Income ETF (SPYI) at 3.62%. This indicates that DTCR's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DTCR	SPYI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.32%	3.62%	+5.70%
Volatility (6M) Calculated over the trailing 6-month period	18.44%	8.07%	+10.37%
Volatility (1Y) Calculated over the trailing 1-year period	22.99%	10.10%	+12.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.04%	12.99%	+9.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.06%	12.99%	+9.07%

DTCR vs. SPYI - Expense Ratio Comparison

DTCR has a 0.50% expense ratio, which is lower than SPYI's 0.68% expense ratio.

Dividends

DTCR vs. SPYI - Dividend Comparison

DTCR's dividend yield for the trailing twelve months is around 0.74%, less than SPYI's 11.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
DTCR Global X Data Center & Digital Infrastructure ETF	0.74%	1.10%	1.72%	1.18%	2.57%	1.27%	0.30%
SPYI NEOS S&P 500 High Income ETF	11.80%	11.70%	12.04%	12.01%	4.10%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DTCR and SPYI in my portfolio?

DTCR and SPYI have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DTCR or SPYI?

DTCR has higher volatility (9.32%) compared to SPYI (3.62%). In terms of maximum drawdown, DTCR dropped -38.98% vs SPYI's -16.47%.

Which ETF is better, DTCR or SPYI?

On 3-year performance, DTCR leads with 33.82% vs 15.48% for SPYI. On fees, DTCR is cheaper at 0.50% per year. On volatility, SPYI has been the lower-risk option at 3.62%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DTCR or SPYI?

Over the 3-year period, DTCR has performed better with a 33.82% return vs 15.48%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DTCR or SPYI?

DTCR is cheaper with a 0.50% expense ratio, compared with 0.68% for SPYI.

Which ETF pays a higher dividend yield, DTCR or SPYI?

SPYI has the higher dividend yield at 11.80%, compared with 0.74% for DTCR.

What is the main difference between DTCR and SPYI?

DTCR is categorized as REIT, while SPYI is Derivative Income. They also come from different issuers: Global X and Neos. Their fees differ too: 0.50% for DTCR and 0.68% for SPYI.

Which has better risk-adjusted returns?

DTCR currently has the higher Sharpe Ratio (3.16 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.