Which is cheaper, ANV or JANQ?

ANV charges 1.07% a year and JANQ charges 0.79%, so JANQ is cheaper. Fees come from each fund's prospectus.

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

ANV and JANQ both write options for income. GraniteShares Autocallable NVDA ETF and Innovator Premium Income 40 Barrier ETF - January.

9.5%

ANV cash paid, since launch

0.0%

JANQ cash paid, since launch

+13.2%

ANV total return, since launch

0.0%

JANQ total return, since launch

ANV · since launch to Sep 30, 202613.8 pts behind NVDA

ANV

+13.2%

NVDA

+26.9%

13.8 pts behind NVDA

ANV since launch: paid 9.5%, price +3.0%, total +13.2%, NVDA +26.9%, −13.8 pts.

NVDA

+26.9%

ANV

+13.2%

9.5% of it arrived as cash

13.8 pts behind NVDA

Total return, distributions reinvested

13.8 pts behind NVDA

ANV since launch: paid 9.5%, price +3.0%, total +13.2%, NVDA +26.9%, −13.8 pts.

NVDA

+26.9%

ANV

+13.2%

13.8 pts behind NVDA

9.5% of it arrived as cash. Total return, distributions reinvested. ANV since launch: paid 9.5%, price +3.0%, total +13.2%, NVDA +26.9%, −13.8 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 +26.9%. 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	ANV	JANQ	ANV	JANQ	ANV	JANQ
3 months	+5.3%	not published	2.5%	not published	−10.4 pts	not published
6 months	+11.1%	not published	6.8%	not published	−19.2 pts	not published
Since launch ANV Feb 2026 · JANQ Sep 2026	+13.2%	0.0%	9.5%	0.0%	−13.8 pts	−0.9 pts

ANV 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

ANV

GraniteShares Autocallable NVDA ETF · Autocallable on NVDA, paying monthly

JANQ

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

Issuer GraniteShares Innovator

Strategy autocallable defined income

Benchmark NVIDIA (NVDA) S&P 500 (SPY)

Pays monthly not established

Payout rate, annualized 13.9% not published

Expense ratio 1.07% 0.79%

Cash paid, 1 year 9.5% (since launch on Feb 3, 2026) 0.0% (since launch on Sep 10, 2026)

Price change, 1 year +3.0% 0.0%

Total return, 1 year +13.2% (since launch on Feb 3, 2026) 0.0% (since launch on Sep 10, 2026)

Benchmark return, 1 year +26.9% +0.9%

Ahead or behind −13.8 pts −0.9 pts

Return of capital, latest estimate 5% not published

Age 239 days 20 days

Net assets $7m not published

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

ANV in plain words

Over the period since launch on Feb 3, 2026 to Sep 30, 2026, ANV paid 9.5% of its starting value in cash distributions while its price rose 3.0%. With every distribution reinvested, the fund returned +13.2%. NVIDIA (NVDA) returned +26.9% over the same days, so a holder was behind by 13.8 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 13.9%, paid monthly. GraniteShares estimates that 5% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

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, ANV or JANQ?: ANV charges 1.07% a year and JANQ charges 0.79%, so JANQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

ANV vs JANJ ANV vs MSR ANV vs NVDW ANV vs NVDY JANQ vs WDTE JANQ vs XIDE JANQ vs XIJN JANQ vs XIMR

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

Where these figures came from

ANV filings on SEC EDGAR ↗ANV prospectus with the expense ratio (SEC) ↗ANV 19a-1 distribution notice ↗GraniteShares page for ANV ↗JANQ filings on SEC EDGAR ↗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, ANV against JANQ, data as of Sep 30, 2026. https://etfiq.com/compare/income/anv-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.