Data as of .
HEMI vs SPUT: which paid, and which earned it?
HEMI and SPUT both write options for income.
What they hold in common
By the books each fund has filed, HEMI and SPUT hold 26% of their money in the same securities at the same weight.
| Holding | HEMI | SPUT |
|---|---|---|
| NVIDIA Corp | 9.11% | 3.85% |
| Apple Inc | 5.86% | 3.22% |
| Microsoft Corp | 5.72% | 2.47% |
| Amazon.com Inc | 5.73% | 2.09% |
| Alphabet Inc | 7.69% | 1.84% |
| Broadcom Inc | 4.02% | 1.60% |
| Meta Platforms Inc | 2.66% | 1.10% |
| JPMorgan Chase & Co | 2.42% | 0.70% |
| Eli Lilly & Co | 2.13% | 0.65% |
| Exxon Mobil Corp | 0.87% | 0.54% |
| Micron Technology Inc | 1.15% | 0.48% |
| Advanced Micro Devices Inc | 1.89% | 0.47% |
| Only in HEMI | Only in SPUT |
|---|---|
| Goldman Sachs Group Inc/The 1.71% | TREASURY BILL 49.24% |
| ITT Inc 1.12% | Alphabet Inc 1.59% |
| BJ's Wholesale Club Holdings Inc 0.82% | Berkshire Hathaway Inc 0.54% |
| Liberty Media Corp-Liberty Formula One 0.63% | Visa Inc 0.46% |
| United Therapeutics Corp 0.63% | Johnson & Johnson 0.46% |
| Dick's Sporting Goods Inc 0.59% | Costco Wholesale Corp 0.37% |
| Builders FirstSource Inc 0.48% | Caterpillar Inc 0.35% |
| Casey's General Stores Inc 0.43% | Intel Corp 0.34% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| HEMI | SPUT | HEMI | SPUT | HEMI | SPUT | |
| 3 months | +0.8% | +2.4% | 2.2% | 1.1% | −1.5 pts | +0.1 pts |
| 6 months | +13.6% | +11.5% | 4.9% | 2.5% | −4.5 pts | −6.5 pts |
| 1 year | not published | +11.5% | not published | 5.2% | not published | −5.1 pts |
| Since launch | +11.2% | +22.4% | 6.0% | 8.5% | −3.4 pts | −15.6 pts |
| HEMI Hartford Equity Premium Income ETF Covered call on SPY, paying monthly | SPUT Innovator Equity Premium Income - Daily PutWrite ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Hartford | Innovator |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 9.1% | 4.7% |
| Expense ratio | 0.49% | 0.79% |
| Cash paid, 1 year | 6.0% (since launch on Dec 17, 2025) | 5.2% |
| Price change, 1 year | +4.9% | +6.0% |
| Total return, 1 year | +11.2% (since launch on Dec 17, 2025) | +11.5% |
| Benchmark return, 1 year | +14.7% | +16.6% |
| Ahead or behind | −3.4 pts | −5.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 275 days | 553 days |
| Net assets | $33m | $17m |
HEMI in plain words
Over the period since launch on Dec 17, 2025 to Sep 18, 2026, HEMI paid 6.0% of its starting value in cash distributions while its price rose 4.9%. With every distribution reinvested, the fund returned +11.2%. S&P 500 (SPY) returned +14.7% over the same days, so a holder was behind by 3.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.1%, 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 is cheaper, HEMI or SPUT?
- HEMI charges 0.49% a year and SPUT charges 0.79%, so HEMI 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, HEMI against SPUT, data as of Sep 18, 2026. https://etfiq.com/compare/income/hemi-vs-sput Free to use with attribution; the underlying files are at Open data.