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Data as of .

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

JANQ and OEI both write options for income.

Innovator Premium Income 40 Barrier ETF - January and Optimized Equity Income ETF.

0.0%JANQ cash paid, 1 year
8.6%OEI cash paid, 1 year
0.0%JANQ total return, 1 year
+14.4%OEI 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
OEI0.9 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%OEI+14.4%8.6% of it arrived as cash0.9 pts behind SPYTotal return, distributions reinvestedSPY+15.3%OEI+14.4%8.6% cash0.9 pts behind SPY

Performance, window by window

JANQ and OEI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANQOEIJANQOEIJANQOEI
3 monthsnot published+4.8%not published2.3%not published+2.5 pts
6 monthsnot published+12.5%not published4.9%not published−5.6 pts
Since launch0.0%+14.4%0.0%8.6%−0.8 pts−0.9 pts
Open the live comparison on ETFIQ
JANQ and OEI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANQ
Innovator Premium Income 40 Barrier ETF - January
Defined income on SPY
OEI
Optimized Equity Income ETF
Option income on SPY, paying monthly
IssuerInnovatorCore Alternative
Strategydefined incomeoption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as a default proxy
Paysnot establishedmonthly
Payout rate, annualizednot published9.2%
Expense ratio0.79%1.02%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)8.6% (since launch on Oct 22, 2025)
Price change, 1 year0.0%+5.2%
Total return, 1 year0.0% (since launch on Sep 10, 2026)+14.4% (since launch on Oct 22, 2025)
Benchmark return, 1 year+0.8%+15.3%
Ahead or behind−0.8 pts−0.9 pts
Return of capital, latest estimatenot publishednot published
Age8 days331 days
Net assetsnot published$46m

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.

OEI in plain words

Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.

Questions people ask

Which is cheaper, JANQ or OEI?
JANQ charges 0.79% a year and OEI charges 1.02%, 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 OEI, 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 OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/janq-vs-oei Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources