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ETFIQetfiq.com · independent ETF data

Data as of .

JANJ vs PCOV: which paid, and which earned it?

JANJ and PCOV both write options for income.

Innovator Premium Income 30 Barrier ETF - January and Principal Equity Premium Income ETF.

5.0%JANJ cash paid, 1 year
0.0%PCOV cash paid, 1 year
+5.1%JANJ total return, 1 year
−3.7%PCOV total return, 1 year
JANJ11.4 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%JANJ+5.1%5.0% as cash11.4 pts behind SPYTotal return, distributions reinvestedSPY+16.6%JANJ+5.1%11.4 pts behind SPY
PCOV3 pts behind SPY · since launch to Sep 18, 2026
SPY−0.7%PCOV−3.7%3 pts behind SPYTotal return, distributions reinvestedSPY−0.7%PCOV−3.7%3 pts behind SPY

Performance, window by window

JANJ and PCOV over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANJPCOVJANJPCOVJANJPCOV
3 months+1.3%not published1.2%not published−0.9 ptsnot published
6 months+5.0%not published2.5%not published−13.0 ptsnot published
1 year+5.1%not published5.0%not published−11.4 ptsnot published
Since launch+15.9%−3.7%13.2%0.0%−50.5 pts−3.0 pts
Open the live comparison on ETFIQ
JANJ and PCOV on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANJ
Innovator Premium Income 30 Barrier ETF - January
Defined income on SPY, paying quarterly
PCOV
Principal Equity Premium Income ETF
Covered call on SPY
IssuerInnovatorPrincipal
Strategydefined incomecovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysquarterlynot established
Payout rate, annualized5.0%not published
Expense ratio0.79%0.34%
Cash paid, 1 year5.0%0.0% (since launch on Aug 19, 2026)
Price change, 1 year0.0%−3.7%
Total return, 1 year+5.1%−3.7% (since launch on Aug 19, 2026)
Benchmark return, 1 year+16.6%−0.7%
Ahead or behind−11.4 pts−3.0 pts
Return of capital, latest estimatenot publishednot published
Age990 days30 days
Net assets$14mnot published

JANJ in plain words

Over the year to Sep 18, 2026, JANJ paid 5.0% of its starting value in cash distributions while its price fell 0.0%. With every distribution reinvested, the fund returned +5.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 11.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.0%, paid quarterly.

PCOV in plain words

Over the period since launch on Aug 19, 2026 to Sep 18, 2026, PCOV paid 0.0% of its starting value in cash distributions while its price fell 3.7%. With every distribution reinvested, the fund returned −3.7%. S&P 500 (SPY) returned −0.7% over the same days, so a holder was behind by 3.0 pts.

Questions people ask

Which is cheaper, JANJ or PCOV?
JANJ charges 0.79% a year and PCOV charges 0.34%, so PCOV 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.

JANJ against PCOV, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, JANJ against PCOV, data as of Sep 18, 2026. https://etfiq.com/compare/income/janj-vs-pcov Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources