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Data as of .

JANQ vs LOCT: which paid, and which earned it?

JANQ and LOCT both write options for income.

Innovator Premium Income 40 Barrier ETF - January and Innovator Premium Income 15 Buffer ETF - October.

0.0%JANQ cash paid, 1 year
5.2%LOCT cash paid, 1 year
0.0%JANQ total return, 1 year
+5.4%LOCT total return, 1 year
JANQ0.8 pts behind SPY · since launch to Sep 18, 2026
SPY+0.8%JANQ0.0%0.8 pts behind SPYTotal return, distributions reinvestedSPY+0.8%JANQ0.0%0.8 pts behind SPY
LOCT11.2 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%LOCT+5.4%5.2% of it arrived as cash11.2 pts behind SPYTotal return, distributions reinvestedSPY+16.6%LOCT+5.4%11.2 pts behind SPY

Performance, window by window

JANQ and LOCT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANQLOCTJANQLOCTJANQLOCT
3 monthsnot published+1.0%not published1.3%not published−1.2 pts
6 monthsnot published+3.9%not published2.6%not published−14.1 pts
1 yearnot published+5.4%not published5.2%not published−11.2 pts
Since launch0.0%+18.5%0.0%16.5%−0.8 pts−66.4 pts
Open the live comparison on ETFIQ
JANQ and LOCT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANQ
Innovator Premium Income 40 Barrier ETF - January
Defined income on SPY
LOCT
Innovator Premium Income 15 Buffer ETF - October
Buffer with income on SPY, paying monthly
IssuerInnovatorInnovator
Strategydefined incomebuffer with income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysnot establishedmonthly
Payout rate, annualizednot published5.2%
Expense ratio0.79%0.79%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)5.2%
Price change, 1 year0.0%+0.1%
Total return, 1 year0.0% (since launch on Sep 10, 2026)+5.4%
Benchmark return, 1 year+0.8%+16.6%
Ahead or behind−0.8 pts−11.2 pts
Return of capital, latest estimatenot publishednot published
Age8 days1082 days
Net assetsnot published$11m

JANQ in plain words

Over the period since launch on Sep 10, 2026 to Sep 18, 2026, JANQ paid 0.0% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned 0.0%. S&P 500 (SPY) returned +0.8% over the same days, so a holder was behind by 0.8 pts.

LOCT in plain words

Over the year to Sep 18, 2026, LOCT paid 5.2% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +5.4%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 11.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.2%, paid monthly.

Questions people ask

Which is cheaper, JANQ or LOCT?
JANQ charges 0.79% a year and LOCT charges 0.79%, so JANQ 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.

JANQ against LOCT, 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, JANQ against LOCT, data as of Sep 18, 2026. https://etfiq.com/compare/income/janq-vs-loct Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources