Which is cheaper, DACL or JANQ?

DACL charges 0.65% a year and JANQ charges 0.79%, so DACL is cheaper. Fees come from each fund's prospectus.

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

DACL and JANQ both write options for income. REX Defensive Autocallable Income ETF and Innovator Premium Income 40 Barrier ETF - January.

0.6%

DACL cash paid, since launch

0.0%

JANQ cash paid, since launch

+0.5%

DACL total return, since launch

0.0%

JANQ total return, since launch

DACL · since launch to Sep 30, 20262.2 pts ahead of SPY

DACL

+0.5%

SPY

−1.7%

2.2 pts ahead of SPY

DACL since launch: paid 0.6%, price −0.1%, total +0.5%, SPY −1.7%, +2.2 pts.

SPY

−1.7%

DACL

+0.5%

0.6% as cash

2.2 pts ahead of SPY

Total return, distributions reinvested

2.2 pts ahead of SPY

DACL since launch: paid 0.6%, price −0.1%, total +0.5%, SPY −1.7%, +2.2 pts.

SPY

−1.7%

DACL

+0.5%

2.2 pts ahead of SPY

0.6% of it arrived as cash. Total return, distributions reinvested. DACL since launch: paid 0.6%, price −0.1%, total +0.5%, SPY −1.7%, +2.2 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 +0.9%. 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	DACL	JANQ	DACL	JANQ	DACL	JANQ
Since launch DACL Aug 2026 · JANQ Sep 2026	+0.5%	0.0%	0.6%	0.0%	+2.2 pts	−0.9 pts

DACL 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

DACL

REX Defensive Autocallable Income ETF · Autocallable on SPY

JANQ

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

Issuer REX Innovator

Strategy autocallable defined income

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

Pays not established not established

Payout rate, annualized 6.6% not published

Expense ratio 0.65% 0.79%

Cash paid, 1 year 0.6% (since launch on Aug 13, 2026) 0.0% (since launch on Sep 10, 2026)

Price change, 1 year −0.1% 0.0%

Total return, 1 year +0.5% (since launch on Aug 13, 2026) 0.0% (since launch on Sep 10, 2026)

Benchmark return, 1 year −1.7% +0.9%

Ahead or behind +2.2 pts −0.9 pts

Return of capital, latest estimate not published not published

Age 48 days 20 days

Net assets $4m not published

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

DACL in plain words

Over the period since launch on Aug 13, 2026 to Sep 30, 2026, DACL paid 0.6% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +0.5%. S&P 500 (SPY), used as a default proxy returned −1.7% over the same days, so a holder was ahead by 2.2 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 6.6%, paid periodically.

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, DACL or JANQ?: DACL charges 0.65% a year and JANQ charges 0.79%, so DACL is cheaper. Fees come from each fund's prospectus.

Other comparisons

DACL vs ACII DACL vs ACQQ DACL vs ACRT DACL vs ACSP JANQ vs FDND JANQ vs FEPI JANQ vs FGSI JANQ vs FTHI

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

Where these figures came from

DACL filings on SEC EDGAR ↗DACL prospectus with the expense ratio (SEC) ↗REX page for DACL ↗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, DACL against JANQ, data as of Sep 30, 2026. https://etfiq.com/compare/income/dacl-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.