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Data as of Nov 4, 2026.

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Income ETFs

FTQI vs LJAN: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FTQI paid 12.1% of its price in cash against LJAN’s 4.9%, and returned more with it reinvested.

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Net assets: $997m on Nov 3, 2026 for First Trust Nasdaq BuyWrite Income ETF, and $12m on Nov 4, 2026 for Innovator Premium Income 15 Buffer ETF - January.

FTQI on its own →LJAN on its own →
At a glance
12.1%
FTQI cash paid, 1 year
4.9%
LJAN cash paid, 1 year
+16.5%
FTQI total return, 1 year
+5.1%
LJAN total return, 1 year
FTQI · 1 year to Nov 4, 2026 4.2 pts ahead of QQQ
FTQI
+16.5%
QQQ
+12.3%

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% of it arrived as cash

4.2 pts ahead of QQQ

Total return, distributions reinvested

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% as cash

4.2 pts ahead of QQQ

12.1% of it arrived as cash. Total return, distributions reinvested. FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. 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% 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 +16.5%. 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 +16.5%. Data to Nov 4, 2026.

Pair scorecard

FTQI costs 0.04 points a year less; their one-year returns differ by 11.4 points; FTQI is far larger, $997m against $12m.

Points (pts) are percentage points.

FTQI vs LJAN: Dividend Yield & Total Return
MeasureFTQILJAN
Paid and earned
Total return, 1 year+16.5%+5.1%
Price change, 1 yearrose 3.5%rose 0.1%
Return of capital, issuer estimate99% of the Oct 30, 2026 payment47% of the Nov 2, 2026 payment
Against its benchmark
BenchmarkNasdaq-100, measured through QQQVanguard S&P 500 ETF, measured through VOO
Cost and size
Expense ratio0.75%0.79%
Net assets, as of Nov 3, 2026$997m$12m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · FTQI scores higher How much of what it paid out did its total return cover?
IQ Income Score74FTQI60.2LJAN

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

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

0%

By the books each fund has filed, FTQI and LJAN hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FTQI LJAN
Only in one fund ↓
Only in FTQI
Apple Inc. 8.98%
NVIDIA Corporation 6.22%
Advanced Micro Devices, Inc. 4.73%
Amazon.com, Inc. 4.23%
Cisco Systems, Inc. 3.10%
Tesla, Inc. 3.05%
Meta Platforms, Inc. (Class A) 2.67%
Palantir Technologies Inc. (Class A) 2.60%
Only in LJAN
Check overlap with more funds →

Side by side

FTQI First Trust Nasdaq BuyWrite Income ETF · Covered call on QQQ, paying monthly LJAN Innovator Premium Income 15 Buffer ETF - January · Buffer with income on VOO, paying monthly
Issuer First Trust Innovator
Strategy covered call buffer with income
Benchmark Nasdaq-100 (QQQ) Vanguard S&P 500 ETF (VOO)
Pays monthly monthly
Payout rate, annualized 12.3% 4.9%
Expense ratio 0.75% 0.79%
Cash paid, 1 year 12.1% 4.9%
Price change, 1 year +3.5% +0.1%
Total return, 1 year +16.5% +5.1%
Benchmark return, 1 year +12.3% +14.8%
Ahead or behind +4.2 pts −9.7 pts
Return of capital, latest estimate 99% 47%
Age 12.8 years 2.8 years
Net assets, FTQI as of Nov 3, 2026 and LJAN as of Nov 4, 2026 $997m $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: FTQI vs LJAN: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowFTQILJANFTQILJANFTQILJAN
3 months+0.4%+1.1%3.0%1.2%+3.8 pts+1.2 pts
6 months+6.6%+2.6%6.0%2.4%+6.9 pts−2.4 pts
1 year+16.5%+5.1%12.1%4.9%+4.3 pts−9.7 pts
3 years+60.8%–38.1%–−30.5 pts–
Since launchNot the same days: FTQI Jan 2014 · LJAN Jan 2024+138.8%+16.7%81.1%14.8%−641.3 pts−51.3 pts

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About each fund
FTQI

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting value in cash distributions while its price rose 3.5%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.3%, paid monthly. First Trust estimates that 99% 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.

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 paid more, FTQI or LJAN?
Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting price in cash and LJAN paid 4.9%, so FTQI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FTQI or LJAN?
With every distribution reinvested, FTQI returned +16.5% and LJAN +5.1% over the year to Nov 4, 2026.
Which is cheaper, FTQI or LJAN?
FTQI charges 0.75% a year and LJAN charges 0.79%, so FTQI is cheaper. Fees come from each fund's prospectus.
Other comparisons
FTQI vs LAPRFTQI vs TPAYFTQI vs OVLHFTQI vs XPAYLJAN vs JEPQLJAN vs QDTELJAN vs ROCQLJAN vs XQQI
Where to next
Nasdaq-100 (QQQ) →Vanguard S&P 500 ETF (VOO) →FTQI on its own →LJAN on its own →FTQI dividend history →FTQI holdings →LJAN dividend history →Method →Standards and sources →
Sources and dates
FTQI filings on SEC EDGAR ↗
FTQI prospectus with the expense ratio (SEC) ↗
FTQI 19a-1 distribution notice ↗
First Trust page for FTQI ↗
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

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.

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

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