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

CAIE and JANQ both write options for income. Calamos Autocallable Income ETF and Innovator Premium Income 40 Barrier ETF - January.

14.0%
CAIE cash paid, 1 year
0.0%
JANQ cash paid, since launch
+11.8%
CAIE total return, 1 year
0.0%
JANQ total return, since launch
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. Total return, distributions reinvested. CAIE over 1 year: paid 14.0%, price −3.1%, total +11.8%, SPY +15.7%, −3.9 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 +15.7%. JANQ since launch: paid 0.0%, price 0.0%, total 0.0%, SPY +0.9%, −0.9 pts.

Performance, window by window

Total returnCash paidAgainst the benchmark
WindowCAIEJANQCAIEJANQCAIEJANQ
3 months+0.9%not published2.3%not published−1.6 ptsnot published
6 months+13.2%not published6.3%not published−3.8 ptsnot published
1 year+11.8%not published14.0%not published−3.9 ptsnot published
Since launch
CAIE Jun 2025 · JANQ Sep 2026
+26.1%0.0%18.1%0.0%−1.2 pts−0.9 pts

CAIE 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

CAIE
Calamos Autocallable Income ETF · Autocallable on SPY, paying monthly
JANQ
Innovator Premium Income 40 Barrier ETF - January · Defined income on SPY
Issuer Calamos 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 14.1% not published
Expense ratio 0.74% 0.79%
Cash paid, 1 year 14.0% 0.0% (since launch on Sep 10, 2026)
Price change, 1 year −3.1% 0.0%
Total return, 1 year +11.8% 0.0% (since launch on Sep 10, 2026)
Benchmark return, 1 year +15.7% +0.9%
Ahead or behind −3.9 pts −0.9 pts
Return of capital, latest estimate not published not published
Age 462 days 20 days
Net assets $872m not published

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

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.

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, CAIE or JANQ?
CAIE charges 0.74% a year and JANQ charges 0.79%, so CAIE is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, CAIE against JANQ, data as of Sep 30, 2026. https://etfiq.com/compare/income/caie-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.