Which is cheaper, CDPI or LJAN?

CDPI charges 0.45% a year and LJAN charges 0.79%, so CDPI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

CDPI vs LJAN: Dividend Yield & Total Return

CDPI and LJAN both write options for income.

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Net assets: $12m on Nov 4, 2026 for Innovator Premium Income 15 Buffer ETF - January, beside Columbia High Dividend Premium Income ETF.

CDPI on its own →LJAN on its own →

At a glance

1.5%

CDPI cash paid, since launch, Jul 14, 2026

4.9%

LJAN cash paid, 1 year

+1.6%

CDPI total return, since launch, Jul 14, 2026

+5.1%

LJAN total return, 1 year

CDPI · since launch to Nov 4, 2026 Not measured

CDPI

+1.6%

none

Not measured

CDPI since launch: paid 1.5%, price +0.1%, total +1.6%, not measured against a benchmark. Data to Nov 4, 2026.

CDPI

+1.6%

Total return, distributions reinvested

Not measured

CDPI since launch: paid 1.5%, price +0.1%, total +1.6%, not measured against a benchmark. Data to Nov 4, 2026.

CDPI

+1.6%

1.5% of it arrived as cash. Total return, distributions reinvested. CDPI since launch: paid 1.5%, price +0.1%, total +1.6%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

LJAN · 1 year to Nov 4, 2026 9.7 pts behind VOO

LJAN

+5.1%

VOO

+14.8%

9.7 pts behind VOO

LJAN over 1 year: paid 4.9%, price +0.1%, total +5.1%, VOO +14.8%, −9.7 pts. Data to Nov 4, 2026.

VOO

+14.8%

LJAN

+5.1%

4.9% of it arrived as cash

9.7 pts behind VOO

Total return, distributions reinvested

9.7 pts behind VOO

LJAN over 1 year: paid 4.9%, price +0.1%, total +5.1%, VOO +14.8%, −9.7 pts. Data to Nov 4, 2026.

VOO

+14.8%

LJAN

+5.1%

9.7 pts behind VOO

4.9% of it arrived as cash. Both charts share one scale, 0 to +14.8%. LJAN over 1 year: paid 4.9%, price +0.1%, total +5.1%, VOO +14.8%, −9.7 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.

Pair scorecard

CDPI costs 0.34 points a year less.

Points (pts) are percentage points.

CDPI vs LJAN: Dividend Yield & Total Return
Measure	CDPI	LJAN
Paid and earned
Measure	CDPI	LJAN
Total return, 1 year	not published	+5.1%
Price change	rose 0.1% (since Jul 14, 2026)	rose 0.1% (1 year)
Return of capital, issuer estimate	76% of the Oct 5, 2026 payment	47% of the Nov 2, 2026 payment
Against its benchmark
Measure	CDPI	LJAN
Benchmark	not published	Vanguard S&P 500 ETF, measured through VOO
Cost and size
Measure	CDPI	LJAN
Expense ratio	0.45%	0.79%
Net assets	not read by ETFIQ	$12m
Holdings
Measure	CDPI	LJAN
Holdings in common	not published

Method

Side by side

CDPI Columbia High Dividend Premium Income ETF · Covered call, paying monthly LJAN Innovator Premium Income 15 Buffer ETF - January · Buffer with income on VOO, paying monthly

Issuer Columbia Innovator

Strategy covered call buffer with income

Benchmark none Vanguard S&P 500 ETF (VOO)

Pays monthly monthly

Payout rate, annualized 8.0% 4.9%

Expense ratio 0.45% 0.79%

Cash paid, 1 year 1.5% (since launch, Jul 14, 2026) 4.9%

Price change, 1 year +0.1% (since launch, Jul 14, 2026) +0.1%

Total return, 1 year +1.6% (since launch, Jul 14, 2026) +5.1%

Benchmark return, 1 year not published +14.8%

Ahead or behind not available −9.7 pts

Return of capital, latest estimate 76% 47%

Age 113 days 2.8 years

Net assets not read by ETFIQ $12m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: CDPI vs LJAN: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	CDPI	LJAN	CDPI	LJAN	CDPI	LJAN
3 months	+0.4%	+1.1%	1.5%	1.2%	not measured	+1.2 pts
6 months	–	+2.6%	–	2.4%	–	−2.4 pts
1 year	–	+5.1%	–	4.9%	–	−9.7 pts
Since launchNot the same days: CDPI Jul 2026 · LJAN Jan 2024	+1.6%	+16.7%	1.5%	14.8%	not measured	−51.3 pts

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Alert

About each fund

CDPI

Over the period from its first trade on Jul 14, 2026 to Nov 4, 2026, CDPI paid 1.5% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +1.6%. At its price on Nov 4, 2026 the latest distribution annualizes to 8.0%, paid monthly. Columbia estimates that 76% of the distribution paid Oct 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

LJAN

Over the year to Nov 4, 2026, LJAN paid 4.9% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +5.1%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 9.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 4.9%, paid monthly. Innovator estimates that 47% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, CDPI or LJAN?: CDPI charges 0.45% a year and LJAN charges 0.79%, so CDPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

CDPI vs LAPR CDPI vs OVLH CDPI vs XPAY CDPI vs LOCT LJAN vs CVRD LJAN vs DDDD LJAN vs DJIA LJAN vs DOGG

Where to next

Vanguard S&P 500 ETF (VOO) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →CDPI on its own →LJAN on its own →CDPI dividend history →LJAN dividend history →Method →Standards and sources →

Sources and dates

CDPI filings on SEC EDGAR ↗

CDPI prospectus with the expense ratio (SEC) ↗

CDPI 19a-1 distribution notice ↗

Columbia website ↗

LJAN filings on SEC EDGAR ↗

LJAN prospectus with the expense ratio (SEC) ↗

LJAN 19a-1 distribution notice ↗

Innovator page for LJAN ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CDPI against LJAN, data as of Nov 4, 2026. https://etfiq.com/compare/income/cdpi-vs-ljan

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.