MEMY vs. XSPI

Last updated Jun 25, 2026

MEMY (Tuttle Capital Meme Stock Income Blast ETF) and XSPI (NEOS Boosted S&P 500 High Income ETF) are both Derivative Income funds. MEMY is actively managed, while XSPI is passively managed. A 0.72 correlation means they provide meaningful diversification when combined. MEMY charges 0.99%/yr vs 0.98%/yr for XSPI.

Performance

MEMY vs. XSPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tuttle Capital Meme Stock Income Blast ETF (MEMY) and NEOS Boosted S&P 500 High Income ETF (XSPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MEMY

• 1D: -3.01%
• 1M: -10.58%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XSPI

• 1D: -0.33%
• 1M: -2.23%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MEMY vs. XSPI - Yearly Performance Comparison

	2026 (YTD)
MEMY Tuttle Capital Meme Stock Income Blast ETF	2.34%
XSPI NEOS Boosted S&P 500 High Income ETF	3.60%

Correlation

The correlation between MEMY and XSPI is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.72

Return for Risk

MEMY vs. XSPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tuttle Capital Meme Stock Income Blast ETF (MEMY) and NEOS Boosted S&P 500 High Income ETF (XSPI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

MEMY vs. XSPI - Drawdown Comparison

The maximum MEMY drawdown since its inception was -27.45%, which is greater than XSPI's maximum drawdown of -11.78%. Use the drawdown chart below to compare losses from any high point for MEMY and XSPI.

Drawdown Indicators

	MEMY	XSPI	Difference
Max Drawdown Largest peak-to-trough decline	-27.45%	-11.78%	-15.67%
Current Drawdown Current decline from peak	-18.21%	-4.02%	-14.19%
Average Drawdown Average peak-to-trough decline	-13.24%	-2.43%	-10.81%

Volatility

Volatility by Period

	MEMY	XSPI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	53.96%	18.67%	+35.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.96%	18.67%	+35.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.96%	18.67%	+35.29%

MEMY vs. XSPI - Expense Ratio Comparison

MEMY has a 0.99% expense ratio, which is higher than XSPI's 0.98% expense ratio.

Dividends

MEMY vs. XSPI - Dividend Comparison

MEMY's dividend yield for the trailing twelve months is around 7.24%, more than XSPI's 7.06% yield.

Position	TTM
MEMY Tuttle Capital Meme Stock Income Blast ETF	7.24%
XSPI NEOS Boosted S&P 500 High Income ETF	7.06%

Frequently Asked Questions

Can I hold both MEMY and XSPI in my portfolio?

MEMY and XSPI have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MEMY or XSPI?

On fees, XSPI is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MEMY or XSPI?

XSPI is cheaper with a 0.98% expense ratio, compared with 0.99% for MEMY.

Which ETF pays a higher dividend yield, MEMY or XSPI?

MEMY has the higher dividend yield at 7.24%, compared with 7.06% for XSPI.

What is the main difference between MEMY and XSPI?

They also come from different issuers: Tuttle and NEOS Investments. Their fees differ too: 0.99% for MEMY and 0.98% for XSPI.