Which is cheaper, ACII or JANQ?

ACII charges 0.79% a year and JANQ charges 0.79%, so ACII is cheaper. Fees come from each fund's prospectus.

ACII vs JANQ: which paid, and which earned it?

ACII and JANQ both write options for income. Innovator Index Autocallable Income Strategy ETF and Innovator Premium Income 40 Barrier ETF - January.

3.8%

ACII cash paid, since launch

0.0%

JANQ cash paid, since launch

+1.6%

ACII total return, since launch

0.0%

JANQ total return, since launch

ACII · since launch to Sep 30, 2026About even with SPY

ACII

+1.6%

SPY

+1.6%

About even with SPY

ACII since launch: paid 3.8%, price −2.3%, total +1.6%, SPY +1.6%, +0.1 pts.

SPY

+1.6%

ACII

+1.6%

3.8% of it arrived as cash

about even with SPY

Total return, distributions reinvested

About even with SPY

ACII since launch: paid 3.8%, price −2.3%, total +1.6%, SPY +1.6%, +0.1 pts.

SPY

+1.6%

ACII

+1.6%

3.8% as cash

about even with SPY

3.8% of it arrived as cash. Total return, distributions reinvested. ACII since launch: paid 3.8%, price −2.3%, total +1.6%, SPY +1.6%, +0.1 pts.

JANQ · since launch to Sep 30, 20260.9 pts behind SPY

JANQ

0.0%

SPY

+0.9%

0.9 pts behind SPY

JANQ since launch: paid 0.0%, price 0.0%, total 0.0%, SPY +0.9%, −0.9 pts.

SPY

+0.9%

JANQ

0.0%

0.9 pts behind SPY

Total return, distributions reinvested

0.9 pts behind SPY

JANQ since launch: paid 0.0%, price 0.0%, total 0.0%, SPY +0.9%, −0.9 pts.

SPY

+0.9%

JANQ

0.0%

0.9 pts behind SPY

0.0% of it arrived as cash. Both charts share one scale, 0 to +1.6%. JANQ since launch: paid 0.0%, price 0.0%, total 0.0%, SPY +0.9%, −0.9 pts.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	ACII	JANQ	ACII	JANQ	ACII	JANQ
3 months	+1.7%	not published	2.4%	not published	−0.8 pts	not published
Since launch ACII May 2026 · JANQ Sep 2026	+1.6%	0.0%	3.8%	0.0%	+0.1 pts	−0.9 pts

ACII and JANQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ACII

Innovator Index Autocallable Income Strategy ETF · Autocallable on SPY, paying monthly

JANQ

Innovator Premium Income 40 Barrier ETF - January · Defined income on SPY

Issuer Innovator Innovator

Strategy autocallable defined income

Benchmark S&P 500 (SPY), used as a default proxy S&P 500 (SPY)

Pays monthly not established

Payout rate, annualized 9.8% not published

Expense ratio 0.79% 0.79%

Cash paid, 1 year 3.8% (since launch on May 28, 2026) 0.0% (since launch on Sep 10, 2026)

Price change, 1 year −2.3% 0.0%

Total return, 1 year +1.6% (since launch on May 28, 2026) 0.0% (since launch on Sep 10, 2026)

Benchmark return, 1 year +1.6% +0.9%

Ahead or behind +0.1 pts −0.9 pts

Return of capital, latest estimate not published not published

Age 125 days 20 days

Net assets $136m not published

ACII and JANQ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ACII in plain words

Over the period since launch on May 28, 2026 to Sep 30, 2026, ACII paid 3.8% of its starting value in cash distributions while its price fell 2.3%. With every distribution reinvested, the fund returned +1.6%. S&P 500 (SPY), used as a default proxy returned +1.6% over the same days, so a holder was about even. At its price on Sep 30, 2026 the latest distribution annualizes to 9.8%, paid monthly.

JANQ in plain words

Over the period since launch on Sep 10, 2026 to Sep 30, 2026, JANQ paid 0.0% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned 0.0%. S&P 500 (SPY) returned +0.9% over the same days, so a holder was behind by 0.9 pts.

Questions people ask

Which is cheaper, ACII or JANQ?: ACII charges 0.79% a year and JANQ charges 0.79%, so ACII is cheaper. Fees come from each fund's prospectus.

Other comparisons

ACII vs JANJ ACII vs OCTJ ACII vs PLA ACII vs SCA JANQ vs DYLG JANQ vs EGGY JANQ vs FDND JANQ vs FEPI

S&P 500 (SPY) →ACII on its own →JANQ on its own →How every figure is computed →Standards and sources →

Where these figures came from

ACII and JANQ filings on SEC EDGAR ↗ACII prospectus with the expense ratio (SEC) ↗Innovator page for ACII ↗JANQ prospectus with the expense ratio (SEC) ↗Innovator website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, ACII against JANQ, data as of Sep 30, 2026. https://etfiq.com/compare/income/acii-vs-janq

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.