SSO vs XSPI
ProShares Ultra S&P500 vs NEOS Boosted S&P 500 High Income ETF
Which is better, SSO or XSPI?
SSO costs less.
SSO has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SSO | XSPI |
|---|---|---|
| Expense Ratio | 0.84%Best | 0.98% |
| AUM | $9.2B | $119M |
| Dividend Yield | 0.69% | 9.60% |
| Holdings | 521 | 1,018 |
| YTD Return | +21.98%Best | +11.70% |
| 1Y Return | +28.56% | - |
| 3Y Return (annualized) | +37.60% | - |
| 5Y Return (annualized) | +17.88% | - |
| Fund Family | ProShares | NEOS |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 19, 2006 | Feb 2, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
SSO vs XSPI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SSO vs XSPI Performance
ProShares Ultra S&P500 (SSO) is an ETF from ProShares and NEOS Boosted S&P 500 High Income ETF (XSPI) is an ETF from NEOS. Year to date, SSO is up 21.98% versus a gain of 11.70% for XSPI.
Past performance does not guarantee future results.
Fees and Cost Over Time
SSO charges 0.84% per year while XSPI charges 0.98%. On a $10,000 position that is $84 vs $98 annually, a gap of $14 per year that compounds over a long holding period. On income, SSO currently yields 0.69% against 9.60% for XSPI.
Holdings Overlap
At least 96.0% of XSPI's money is in holdings SSO also owns.
Stated as a floor: for SSO, our book for it covers 82.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of XSPI is already inside SSO. Owning both mostly buys the same companies twice.
471 positions in common, counted across the 504 positions we hold weights for in SSO and 491 in XSPI, against full books of 521 and 1,018.
Top Shared Holdings
| Stock | Weight in SSO | Weight in XSPI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.73% | 8.00% | 2.27% |
| AAPLApple, Inc | 4.93% | 7.69% | 2.76% |
| MSFTMicrosoft Corp | 3.89% | 5.88% | 1.99% |
| AMZNAmazon.Com Inc | 2.50% | 3.90% | 1.40% |
| GOOGLAlphabet Inc | 2.04% | 3.21% | 1.17% |
| AVGOBroadcom Inc | 1.71% | 2.54% | 0.83% |
| GOOGAlphabet Inc. C | 1.64% | 2.55% | 0.91% |
| METAMeta Platforms Inc | 1.62% | 2.24% | 0.62% |
| MUMicron Technology, Inc. | 1.23% | 1.57% | 0.34% |
| TSLATesla Inc | 1.06% | 1.55% | 0.49% |
96.0% of XSPI is already inside SSO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SSO or XSPI?
SSO has an expense ratio of 0.84% while XSPI charges 0.98%. SSO is the cheaper option, by $14 a year on a $10,000 investment.
What is the holdings overlap between SSO and XSPI?
At least 96.0% of XSPI's money is in holdings SSO also owns. Our book for SSO is partial, so the real figure is this or higher. They hold 471 positions in common, counted across the 504 positions we hold weights for in SSO and 491 in XSPI.
Which pays a higher dividend, SSO or XSPI?
SSO yields 0.69% while XSPI yields 9.60%, so XSPI currently pays the higher dividend yield.
Is XSPI better than SSO?
SSO has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.