Data as of .
FTQI vs SPUT: which paid, and which earned it?
Over the year FTQI paid 12.0% of its price in cash against SPUT’s 5.2%, and returned more with it reinvested.
ETFIQ Return Stability Score: FTQI 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, FTQI and SPUT hold 25% of their money in the same securities at the same weight.
| Holding | FTQI | SPUT |
|---|---|---|
| NVIDIA Corporation | 6.55% | 3.85% |
| Apple Inc. | 8.76% | 3.22% |
| Amazon.com, Inc. | 4.13% | 2.09% |
| Alphabet Inc. (Class A) | 2.06% | 1.84% |
| Broadcom Inc. | 1.92% | 1.60% |
| Alphabet Inc. (Class C) | 2.05% | 1.59% |
| Microsoft Corporation | 1.41% | 2.47% |
| Meta Platforms, Inc. (Class A) | 2.75% | 1.10% |
| Tesla, Inc. | 2.68% | 0.91% |
| Micron Technology, Inc. | 2.38% | 0.48% |
| Advanced Micro Devices, Inc. | 5.41% | 0.47% |
| Costco Wholesale Corporation | 1.30% | 0.37% |
| Only in FTQI | Only in SPUT |
|---|---|
| US Dollar 5.75% | TREASURY BILL 49.24% |
| F5, Inc. 0.79% | JPMorgan Chase & Co 0.70% |
| Medpace Holdings, Inc. 0.76% | Eli Lilly & Co 0.65% |
| Woodward, Inc. 0.75% | Berkshire Hathaway Inc 0.54% |
| Guardant Health, Inc. 0.64% | Walmart Inc 0.47% |
| DocuSign, Inc. 0.58% | Visa Inc 0.46% |
| Texas Roadhouse, Inc. 0.58% | Mastercard Inc 0.33% |
| InterDigital, Inc. 0.53% | Procter & Gamble Co/The 0.28% |
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 | |||
|---|---|---|---|---|---|---|
| FTQI | SPUT | FTQI | SPUT | FTQI | SPUT | |
| 3 months | +4.0% | +2.4% | 2.9% | 1.1% | +6.5 pts | +0.1 pts |
| 6 months | +18.3% | +11.5% | 6.3% | 2.5% | −5.9 pts | −6.5 pts |
| 1 year | +21.5% | +11.5% | 12.0% | 5.2% | −0.3 pts | −5.1 pts |
| 3 years | +62.9% | not published | 37.0% | not published | −35.3 pts | not published |
| Since launch | +141.7% | +22.4% | 78.8% | 8.5% | −675.0 pts | −15.6 pts |
| FTQI First Trust Nasdaq BuyWrite Income ETF Covered call on QQQ, paying monthly | SPUT Innovator Equity Premium Income - Daily PutWrite ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | First Trust | Innovator |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 11.9% | 4.7% |
| Expense ratio | 0.75% | 0.79% |
| Cash paid, 1 year | 12.0% | 5.2% |
| Price change, 1 year | +8.0% | +6.0% |
| Total return, 1 year | +21.5% | +11.5% |
| Benchmark return, 1 year | +21.8% | +16.6% |
| Ahead or behind | −0.3 pts | −5.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 4637 days | 553 days |
| Net assets | $975m | $17m |
FTQI in plain words
Over the year to Sep 18, 2026, FTQI paid 12.0% of its starting value in cash distributions while its price rose 8.0%. With every distribution reinvested, the fund returned +21.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 11.9%, 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, FTQI or SPUT?
- Over the year to Sep 18, 2026, FTQI paid 12.0% of its starting price in cash and SPUT paid 5.2%, 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 SPUT?
- With every distribution reinvested, FTQI returned +21.5% and SPUT returned +11.5% over the year to Sep 18, 2026, so FTQI returned more.
- Which is cheaper, FTQI or SPUT?
- FTQI charges 0.75% a year and SPUT charges 0.79%, so FTQI 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, FTQI against SPUT, data as of Sep 18, 2026. https://etfiq.com/compare/income/ftqi-vs-sput Free to use with attribution; the underlying files are at Open data.