Which paid more, APRJ or CAIE?

Over the year to Sep 30, 2026, APRJ paid 6.2% of its starting price in cash and CAIE paid 14.0%, so CAIE paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, APRJ or CAIE?

With every distribution reinvested, APRJ returned +6.1% and CAIE +11.8% over the year to Sep 30, 2026.

Which is cheaper, APRJ or CAIE?

APRJ charges 0.79% a year and CAIE charges 0.74%, so CAIE is cheaper. Fees come from each fund's prospectus.

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APRJ vs CAIE: which paid, and which earned it?

Over the year CAIE paid 14.0% of its price in cash against APRJ’s 6.2%, and returned more with it reinvested. Innovator Premium Income 30 Barrier ETF - April and Calamos Autocallable Income ETF.

6.2%

APRJ cash paid, 1 year

14.0%

CAIE cash paid, 1 year

+6.1%

APRJ total return, 1 year

+11.8%

CAIE total return, 1 year

APRJ · 1 year to Sep 30, 20269.6 pts behind SPY

APRJ

+6.1%

SPY

+15.7%

9.6 pts behind SPY

APRJ over 1 year: paid 6.2%, price −0.2%, total +6.1%, SPY +15.7%, −9.6 pts.

SPY

+15.7%

APRJ

+6.1%

6.2% of it arrived as cash

9.6 pts behind SPY

Total return, distributions reinvested

9.6 pts behind SPY

APRJ over 1 year: paid 6.2%, price −0.2%, total +6.1%, SPY +15.7%, −9.6 pts.

SPY

+15.7%

APRJ

+6.1%

9.6 pts behind SPY

6.2% of it arrived as cash. Total return, distributions reinvested. APRJ over 1 year: paid 6.2%, price −0.2%, total +6.1%, SPY +15.7%, −9.6 pts.

CAIE · 1 year to Sep 30, 20263.9 pts behind SPY

CAIE

+11.8%

SPY

+15.7%

3.9 pts behind SPY

CAIE over 1 year: paid 14.0%, price −3.1%, total +11.8%, SPY +15.7%, −3.9 pts.

SPY

+15.7%

CAIE

+11.8%

14.0% of it arrived as cash

3.9 pts behind SPY

Total return, distributions reinvested

3.9 pts behind SPY

CAIE over 1 year: paid 14.0%, price −3.1%, total +11.8%, SPY +15.7%, −3.9 pts.

SPY

+15.7%

CAIE

+11.8%

14.0% as cash

3.9 pts behind SPY

14.0% of it arrived as cash. Both charts share one scale, 0 to +15.7%. CAIE over 1 year: paid 14.0%, price −3.1%, total +11.8%, SPY +15.7%, −3.9 pts.

ETFIQ Return Stability Score · CAIE scores higherWas the payout funded by returns, or by your own capital?

APRJ 43.7

CAIE 48.8

4.0, the lowest in this set97.4, the highest

A percentile among the 175 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, APRJ and CAIE hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding APRJ CAIE

Only in APRJ

TREASURY BILL 95.06%

TREASURY BILL 1.66%

TREASURY BILL 1.65%

TREASURY BILL 1.64%

Only in CAIE

Calamos Tax-Aware Collateral ETF 100.00%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	APRJ	CAIE	APRJ	CAIE	APRJ	CAIE
3 months	+1.1%	+0.9%	1.7%	2.3%	−1.4 pts	−1.6 pts
6 months	+3.9%	+13.2%	3.5%	6.3%	−13.1 pts	−3.8 pts
1 year	+6.1%	+11.8%	6.2%	14.0%	−9.6 pts	−3.9 pts
3 years	+19.5%	not published	17.8%	not published	−65.5 pts	not published
Since launch APRJ Apr 2023 · CAIE Jun 2025	+23.8%	+26.1%	21.1%	18.1%	−70.0 pts	−1.2 pts

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

On the same fields

APRJ

Innovator Premium Income 30 Barrier ETF - April · Defined income on SPY, paying quarterly

CAIE

Calamos Autocallable Income ETF · Autocallable on SPY, paying monthly

Issuer Innovator Calamos

Strategy defined income autocallable

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

Pays quarterly monthly

Payout rate, annualized 6.9% 14.1%

Expense ratio 0.79% 0.74%

Cash paid, 1 year 6.2% 14.0%

Price change, 1 year −0.2% −3.1%

Total return, 1 year +6.1% +11.8%

Benchmark return, 1 year +15.7% +15.7%

Ahead or behind −9.6 pts −3.9 pts

Return of capital, latest estimate not published not published

Age 1276 days 462 days

Net assets $28m $872m

APRJ and CAIE on the same fields, as of Sep 30, 2026. Source: ETFIQ.

APRJ in plain words

Over the year to Sep 30, 2026, APRJ paid 6.2% of its starting value in cash distributions while its price fell 0.2%. With every distribution reinvested, the fund returned +6.1%. S&P 500 (SPY) returned +15.7% over the same days, so a holder was behind by 9.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 6.9%, paid quarterly.

CAIE in plain words

Over the year to Sep 30, 2026, CAIE paid 14.0% of its starting value in cash distributions while its price fell 3.1%. With every distribution reinvested, the fund returned +11.8%. S&P 500 (SPY), used as a default proxy returned +15.7% over the same days, so a holder was behind by 3.9 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 14.1%, paid monthly.

Questions people ask

Which paid more, APRJ or CAIE?: Over the year to Sep 30, 2026, APRJ paid 6.2% of its starting price in cash and CAIE paid 14.0%, so CAIE paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, APRJ or CAIE?: With every distribution reinvested, APRJ returned +6.1% and CAIE +11.8% over the year to Sep 30, 2026.
Which is cheaper, APRJ or CAIE?: APRJ charges 0.79% a year and CAIE charges 0.74%, so CAIE is cheaper. Fees come from each fund's prospectus.

Other comparisons

APRJ vs DYLG APRJ vs EGGY APRJ vs FDND APRJ vs FEPI CAIE vs JANH CAIE vs JANJ CAIE vs JANQ CAIE vs JULH

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

Where these figures came from

APRJ filings on SEC EDGAR ↗APRJ prospectus with the expense ratio (SEC) ↗Innovator page for APRJ ↗CAIE filings on SEC EDGAR ↗CAIE prospectus with the expense ratio (SEC) ↗Calamos 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, APRJ against CAIE, data as of Sep 30, 2026. https://etfiq.com/compare/income/aprj-vs-caie

Open data

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