Which paid more, FDND or SPUT?

Over the year to Nov 4, 2026, FDND paid 7.3% of its starting price in cash and SPUT paid 4.8%, so FDND paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, FDND or SPUT?

With every distribution reinvested, FDND returned −2.6% and SPUT +10.7% over the year to Nov 4, 2026.

Which is cheaper, FDND or SPUT?

FDND charges 0.75% a year and SPUT charges 0.79%, so FDND is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FDND vs SPUT: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FDND paid 7.3% of its price in cash against SPUT’s 4.8%, though SPUT returned more with it reinvested.

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Net assets: $9.3m on Nov 3, 2026 for FT Vest Dow Jones Internet & Target Income ETF, and $17m on Nov 4, 2026 for Innovator Equity Premium Income - Daily PutWrite ETF.

FDND on its own →SPUT on its own →

At a glance

7.3%

FDND cash paid, 1 year

4.8%

SPUT cash paid, 1 year

−2.6%

FDND total return, 1 year

+10.7%

SPUT total return, 1 year

FDND · 1 year to Nov 4, 2026 1 pt behind FDN

FDND

−2.6%

FDN

−1.6%

1 pt behind FDN

FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

FDN

−1.6%

FDND

−2.6%

1 pt behind FDN

Total return, distributions reinvested

1 pt behind FDN

FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

FDN

−1.6%

FDND

−2.6%

1 pt behind FDN

7.3% of it arrived as cash. Total return, distributions reinvested. FDND over 1 year: paid 7.3%, price −10.1%, total −2.6%, FDN −1.6%, −1.0 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

SPUT · 1 year to Nov 4, 2026 4.1 pts behind SPY

SPUT

+10.7%

SPY

+14.8%

4.1 pts behind SPY

SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPUT

+10.7%

4.8% as cash

4.1 pts behind SPY

Total return, distributions reinvested

4.1 pts behind SPY

SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPUT

+10.7%

4.1 pts behind SPY

4.8% of it arrived as cash. Both charts share one scale, with zero at the line. SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FDND costs 0.04 points a year less; their one-year returns differ by 13.3 points; SPUT is 1.8 times larger.

Points (pts) are percentage points.

FDND vs SPUT: Dividend Yield & Total Return
Measure	FDND	SPUT
Paid and earned
Measure	FDND	SPUT
Total return, 1 year	−2.6%	+10.7%
Price change, 1 year	fell 10.1%	rose 5.7%
Return of capital, issuer estimate	100% of the Oct 30, 2026 payment	58% of the Nov 2, 2026 payment
Against its benchmark
Measure	FDND	SPUT
Benchmark	First Trust Dow Jones Internet Index Fund, measured through FDN	S&P 500, measured through SPY
Against its benchmark, same days	behind by 1.0 pts	behind by 4.1 pts
Cost and size
Measure	FDND	SPUT
Expense ratio	0.75%	0.79%
Net assets, as of Nov 3, 2026	$9.3m	$17m
Holdings
Measure	FDND	SPUT
Holdings in common	8%

ETFIQ Distribution Coverage Score · SPUT scores higher How much of what it paid out did its total return cover?

IQ Income Score12.3FDND88.9SPUT

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

FDND 12.3

SPUT 88.9

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

By the books each fund has filed, FDND and SPUT hold 8% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

8% in common

Positions both hold · largest shared weight first FDND SPUT

Amazon.com, Inc. 10.68% 2.06%

Alphabet Inc. (Class A) 5.05% 1.64%

Alphabet Inc. (Class C) 4.06% 1.43%

Meta Platforms, Inc. (Class A) 10.21% 0.97%

Cisco Systems, Inc. 8.81% 0.36%

Netflix, Inc. 5.64% 0.24%

Oracle Corporation 3.78% 0.17%

Arista Networks, Inc. 4.26% 0.15%

Salesforce, Inc. 4.40% 0.13%

Booking Holdings Inc. 4.29% 0.12%

Snowflake Inc. (Class A) 3.75% 0.08%

Cloudflare, Inc. (Class A) 3.23% 0.07%

Only in one fund ↓

Only in FDND

Okta, Inc. 1.16%

F5, Inc. 0.69%

Nutanix, Inc. (Class A) 0.64%

DocuSign, Inc. 0.56%

GoDaddy Inc. (Class A) 0.53%

Akamai Technologies, Inc. 0.46%

HubSpot, Inc. 0.41%

Paycom Software, Inc. 0.37%

Only in SPUT

NVIDIA Corp 3.71%

Apple Inc 3.50%

Microsoft Corp 2.70%

Broadcom Inc 1.43%

Tesla Inc 0.82%

Eli Lilly & Co 0.77%

JPMorgan Chase & Co 0.75%

Micron Technology Inc 0.74%

Check overlap with more funds →

Side by side

FDND FT Vest Dow Jones Internet & Target Income ETF · Writes calls on the Nasdaq-100, measured against the Dow Jones Internet Composite Index, paying monthly SPUT Innovator Equity Premium Income - Daily PutWrite ETF · Sells puts on the S&P 500, paying monthly

Issuer First Trust Innovator

Strategy option income put-selling overlay

Benchmark First Trust Dow Jones Internet Index Fund (FDN) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 8.2% 3.6%

Expense ratio 0.75% 0.79%

Cash paid, 1 year 7.3% 4.8%

Price change, 1 year −10.1% +5.7%

Total return, 1 year −2.6% +10.7%

Benchmark return, 1 year −1.6% +14.8%

Ahead or behind −1.0 pts −4.1 pts

Return of capital, latest estimate 100% 58%

Age 2.6 years 1.6 years

Net assets, FDND as of Nov 3, 2026 and SPUT as of Nov 4, 2026 $9.3m $17m

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: FDND vs SPUT: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FDND	SPUT	FDND	SPUT	FDND	SPUT
3 months	−4.7%	+0.9%	2.0%	1.0%	+0.5 pts	+1.0 pts
6 months	+2.2%	+3.4%	4.0%	1.9%	0.0 pts	−1.6 pts
1 year	−2.6%	+10.7%	7.3%	4.8%	−1.0 pts	−4.0 pts
Since launchNot the same days: FDND Mar 2024 · SPUT Mar 2025	+27.3%	+23.3%	21.9%	9.1%	−4.9 pts	−15.6 pts

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Alert

About each fund

FDND

Over the year to Nov 4, 2026, FDND paid 7.3% of its starting value in cash distributions while its price fell 10.1%. With every distribution reinvested, the fund returned −2.6%. First Trust Dow Jones Internet Index Fund (FDN) returned −1.6% over the same days, so a holder was behind by 1.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.2%, paid monthly. First Trust estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

SPUT

Over the year to Nov 4, 2026, SPUT paid 4.8% of its starting value in cash distributions while its price rose 5.7%. With every distribution reinvested, the fund returned +10.7%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 3.6%, paid monthly. Innovator estimates that 58% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, FDND or SPUT?: Over the year to Nov 4, 2026, FDND paid 7.3% of its starting price in cash and SPUT paid 4.8%, so FDND paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FDND or SPUT?: With every distribution reinvested, FDND returned −2.6% and SPUT +10.7% over the year to Nov 4, 2026.
Which is cheaper, FDND or SPUT?: FDND charges 0.75% a year and SPUT charges 0.79%, so FDND is cheaper. Fees come from each fund's prospectus.

Other comparisons

FDND vs JULH FDND vs OCTH FDND vs OCTJ FDND vs SCLZ SPUT vs LAPR SPUT vs LOCT SPUT vs XSHP SPUT vs LJAN

Where to next

First Trust Dow Jones Internet Index Fund (FDN) →S&P 500 (SPY) →FDND on its own →SPUT on its own →FDND dividend history →FDND holdings →SPUT dividend history →SPUT holdings →Method →Standards and sources →

Sources and dates

FDND filings on SEC EDGAR ↗

FDND prospectus with the expense ratio (SEC) ↗

FDND 19a-1 distribution notice ↗

First Trust page for FDND ↗

SPUT filings on SEC EDGAR ↗

SPUT prospectus with the expense ratio (SEC) ↗

SPUT 19a-1 distribution notice ↗

Innovator page for SPUT ↗

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

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FDND against SPUT, data as of Nov 4, 2026. https://etfiq.com/compare/income/fdnd-vs-sput

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