Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

DDDD vs HJAN: which paid, and which earned it?

DDDD and HJAN both write options for income.

YieldMax(R) U.S. Stocks Target Double Distribution ETF and Innovator Premium Income 9 Buffer ETF - January.

1.6%DDDD cash paid, 1 year
0.0%HJAN cash paid, 1 year
+8.7%DDDD total return, 1 year
0.0%HJAN total return, 1 year
DDDD6.5 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%DDDD+8.7%6.5 pts behind SPYTotal return, distributions reinvestedSPY+15.3%DDDD+8.7%6.5 pts behind SPY
HJAN0.8 pts behind SPY · since launch to Sep 18, 2026
SPY+0.8%HJAN0.0%0.8 pts behind SPYTotal return, distributions reinvestedSPY+0.8%HJAN0.0%0.8 pts behind SPY

Performance, window by window

DDDD and HJAN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DDDDHJANDDDDHJANDDDDHJAN
3 months+4.9%not published1.6%not published+2.6 ptsnot published
6 months+10.5%not published1.7%not published−7.6 ptsnot published
Since launch+8.7%0.0%1.6%0.0%−6.5 pts−0.8 pts
Open the live comparison on ETFIQ
DDDD and HJAN on the same fields, as of Sep 18, 2026. Source: ETFIQ.
DDDD
YieldMax(R) U.S. Stocks Target Double Distribution ETF
Synthetic covered call on SPY
HJAN
Innovator Premium Income 9 Buffer ETF - January
Buffer with income on SPY
IssuerYieldMaxInnovator
Strategysynthetic covered callbuffer with income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysnot establishednot established
Payout rate, annualized18.4%not published
Expense ratio1.01%0.79%
Cash paid, 1 year1.6% (since launch on Mar 12, 2026)0.0% (since launch on Sep 10, 2026)
Price change, 1 year+7.0%0.0%
Total return, 1 year+8.7% (since launch on Mar 12, 2026)0.0% (since launch on Sep 10, 2026)
Benchmark return, 1 year+15.3%+0.8%
Ahead or behind−6.5 pts−0.8 pts
Return of capital, latest estimate67%not published
Age190 days8 days
Net assets$7mnot published

DDDD in plain words

Over the period since launch on Mar 12, 2026 to Sep 18, 2026, DDDD paid 1.6% of its starting value in cash distributions while its price rose 7.0%. With every distribution reinvested, the fund returned +8.7%. S&P 500 (SPY) returned +15.3% over the same days, so a holder was behind by 6.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 18.4%, paid periodically. YieldMax estimates that 67% of the distribution paid Jul 6, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

HJAN in plain words

Over the period since launch on Sep 10, 2026 to Sep 18, 2026, HJAN 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 +0.8% over the same days, so a holder was behind by 0.8 pts.

Questions people ask

Which is cheaper, DDDD or HJAN?
DDDD charges 1.01% a year and HJAN charges 0.79%, so HJAN is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

DDDD against HJAN, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DDDD against HJAN, data as of Sep 18, 2026. https://etfiq.com/compare/income/dddd-vs-hjan Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources