Data as of .
FGSI vs SPUT: which paid, and which earned it?
Over the year FGSI paid 8.1% of its price in cash against SPUT’s 5.2%, though SPUT returned more with it reinvested.
ETFIQ Return Stability Score: SPUT scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, FGSI and SPUT hold 12% of their money in the same securities at the same weight.
| Holding | FGSI | SPUT |
|---|---|---|
| Microsoft Corporation | 2.45% | 2.47% |
| NVIDIA Corporation | 2.15% | 3.85% |
| Broadcom Inc. | 1.90% | 1.60% |
| Meta Platforms, Inc. (Class A) | 2.03% | 1.10% |
| Eli Lilly and Company | 1.93% | 0.65% |
| Costco Wholesale Corporation | 1.85% | 0.37% |
| Netflix, Inc. | 2.04% | 0.35% |
| Mastercard Incorporated | 2.03% | 0.33% |
| Palantir Technologies Inc. (Class A) | 2.63% | 0.24% |
| Arista Networks, Inc. | 2.32% | 0.15% |
| Amphenol Corporation | 2.01% | 0.15% |
| Intuitive Surgical, Inc. | 2.22% | 0.13% |
| Only in FGSI | Only in SPUT |
|---|---|
| United Therapeutics Corporation 1.80% | TREASURY BILL 49.24% |
| Ralph Lauren Corporation 1.73% | Apple Inc 3.22% |
| Neurocrine Biosciences, Inc. 1.67% | Amazon.com Inc 2.09% |
| US Dollar 1.13% | Alphabet Inc 1.84% |
| 2026-09-25 S&P 500® Mini Index C 765 -0.17% | Alphabet Inc 1.59% |
| Tesla Inc 0.91% | |
| JPMorgan Chase & Co 0.70% | |
| Exxon Mobil Corp 0.54% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FGSI | SPUT | FGSI | SPUT | FGSI | SPUT | |
| 3 months | +2.4% | +2.4% | 2.1% | 1.1% | +0.2 pts | +0.1 pts |
| 6 months | +10.0% | +11.5% | 4.4% | 2.5% | −8.0 pts | −6.5 pts |
| 1 year | +5.3% | +11.5% | 8.1% | 5.2% | −11.3 pts | −5.1 pts |
| Since launch | +11.9% | +22.4% | 9.8% | 8.5% | −14.3 pts | −15.6 pts |
| FGSI FT Vest Growth Strength & Target Income ETF Option income on SPY, paying monthly | SPUT Innovator Equity Premium Income - Daily PutWrite ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Innovator |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY), used as a default proxy | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.6% | 4.7% |
| Expense ratio | 0.85% | 0.79% |
| Cash paid, 1 year | 8.1% | 5.2% |
| Price change, 1 year | −3.2% | +6.0% |
| Total return, 1 year | +5.3% | +11.5% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −11.3 pts | −5.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 449 days | 553 days |
| Net assets | $2m | $17m |
FGSI in plain words
Over the year to Sep 18, 2026, FGSI paid 8.1% of its starting value in cash distributions while its price fell 3.2%. With every distribution reinvested, the fund returned +5.3%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 11.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, paid monthly.
SPUT in plain words
Over the year to Sep 18, 2026, SPUT paid 5.2% of its starting value in cash distributions while its price rose 6.0%. With every distribution reinvested, the fund returned +11.5%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 5.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.7%, paid monthly.
Questions people ask
- Which paid more, FGSI or SPUT?
- Over the year to Sep 18, 2026, FGSI paid 8.1% of its starting price in cash and SPUT paid 5.2%, so FGSI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, FGSI or SPUT?
- With every distribution reinvested, FGSI returned +5.3% and SPUT returned +11.5% over the year to Sep 18, 2026, so SPUT returned more.
- Which is cheaper, FGSI or SPUT?
- FGSI charges 0.85% a year and SPUT charges 0.79%, so SPUT 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.
Cite this page. ETFIQ, FGSI against SPUT, data as of Sep 18, 2026. https://etfiq.com/compare/income/fgsi-vs-sput Free to use with attribution; the underlying files are at Open data.