Which is cheaper, JANJ or RECI?

JANJ charges 0.79% a year and RECI charges 0.30%, so RECI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

JANJ vs RECI: Dividend Yield & Total Return

JANJ and RECI both write options for income.

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Net assets: $14m on Nov 4, 2026 for Innovator Premium Income 30 Barrier ETF - January, beside Columbia Research Enhanced Core Premium Income ETF.

JANJ on its own →RECI on its own →

At a glance

5.0%

JANJ cash paid, 1 year

1.5%

RECI cash paid, since launch, Jul 14, 2026

+5.2%

JANJ total return, 1 year

+3.7%

RECI total return, since launch, Jul 14, 2026

JANJ · 1 year to Nov 4, 2026 9.6 pts behind SPY

JANJ

+5.2%

SPY

+14.8%

9.6 pts behind SPY

JANJ over 1 year: paid 5.0%, price +0.1%, total +5.2%, SPY +14.8%, −9.6 pts. Data to Nov 4, 2026.

SPY

+14.8%

JANJ

+5.2%

5.0% of it arrived as cash

9.6 pts behind SPY

Total return, distributions reinvested

9.6 pts behind SPY

JANJ over 1 year: paid 5.0%, price +0.1%, total +5.2%, SPY +14.8%, −9.6 pts. Data to Nov 4, 2026.

SPY

+14.8%

JANJ

+5.2%

9.6 pts behind SPY

5.0% of it arrived as cash. Total return, distributions reinvested. JANJ over 1 year: paid 5.0%, price +0.1%, total +5.2%, SPY +14.8%, −9.6 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

RECI · since launch to Nov 4, 2026 Not measured

RECI

+3.7%

none

Not measured

RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

RECI

+3.7%

Total return, distributions reinvested

Not measured

RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

RECI

+3.7%

1.5% of it arrived as cash. Both charts share one scale, 0 to +14.8%. RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.

Pair scorecard

RECI costs 0.49 points a year less.

Points (pts) are percentage points.

JANJ vs RECI: Dividend Yield & Total Return
Measure	JANJ	RECI
Paid and earned
Measure	JANJ	RECI
Total return, 1 year	+5.2%	not published
Price change	rose 0.1% (1 year)	rose 2.1% (since Jul 14, 2026)
Return of capital, issuer estimate	46% of the Oct 2, 2026 payment	78% of the Oct 5, 2026 payment
Against its benchmark
Measure	JANJ	RECI
Benchmark	S&P 500, measured through SPY	not published
Cost and size
Measure	JANJ	RECI
Expense ratio	0.79%	0.30%
Net assets	$14m	not read by ETFIQ
Holdings
Measure	JANJ	RECI
Holdings in common	not published

Method

Side by side

JANJ Innovator Premium Income 30 Barrier ETF - January · Defined income on SPY, paying quarterly RECI Columbia Research Enhanced Core Premium Income ETF · Covered call, paying monthly

Issuer Innovator Columbia

Strategy defined income covered call

Benchmark S&P 500 (SPY) none

Pays quarterly monthly

Payout rate, annualized 5.0% 8.0%

Expense ratio 0.79% 0.30%

Cash paid, 1 year 5.0% 1.5% (since launch, Jul 14, 2026)

Price change, 1 year +0.1% +2.1% (since launch, Jul 14, 2026)

Total return, 1 year +5.2% +3.7% (since launch, Jul 14, 2026)

Benchmark return, 1 year +14.8% not published

Ahead or behind −9.6 pts not available

Return of capital, latest estimate 46% 78%

Age 2.8 years 113 days

Net assets $14m not read by ETFIQ

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: JANJ vs RECI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	JANJ	RECI	JANJ	RECI	JANJ	RECI
3 months	+1.1%	+3.5%	1.2%	1.5%	+1.3 pts	not measured
6 months	+2.6%	–	2.5%	–	−2.4 pts	–
1 year	+5.2%	–	5.0%	–	−9.5 pts	–
Since launchNot the same days: JANJ Jan 2024 · RECI Jul 2026	+16.7%	+3.7%	14.5%	1.5%	−50.9 pts	not measured

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Alert

About each fund

JANJ

Over the year to Nov 4, 2026, JANJ paid 5.0% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +5.2%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 9.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.0%, paid quarterly. Innovator estimates that 46% of the distribution paid Oct 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

RECI

Over the period from its first trade on Jul 14, 2026 to Nov 4, 2026, RECI paid 1.5% of its starting value in cash distributions while its price rose 2.1%. With every distribution reinvested, the fund returned +3.7%. At its price on Nov 4, 2026 the latest distribution annualizes to 8.0%, paid monthly. Columbia estimates that 78% of the distribution paid Oct 5, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, JANJ or RECI?: JANJ charges 0.79% a year and RECI charges 0.30%, so RECI is cheaper. Fees come from each fund's prospectus.

Other comparisons

JANJ vs ODTE JANJ vs QQDH JANJ vs RDVI JANJ vs TMGN RECI vs NLSI RECI vs TPRY RECI vs SPYI RECI vs JEPI

Where to next

S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →JANJ on its own →RECI on its own →JANJ dividend history →RECI dividend history →Method →Standards and sources →

Sources and dates

JANJ filings on SEC EDGAR ↗

JANJ prospectus with the expense ratio (SEC) ↗

JANJ 19a-1 distribution notice ↗

Innovator page for JANJ ↗

RECI filings on SEC EDGAR ↗

RECI prospectus with the expense ratio (SEC) ↗

RECI 19a-1 distribution notice ↗

Columbia website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, JANJ against RECI, data as of Nov 4, 2026. https://etfiq.com/compare/income/janj-vs-reci

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