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Data as of .

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

JANQ and PCOV both write options for income.

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

0.0%JANQ cash paid, 1 year
0.0%PCOV cash paid, 1 year
0.0%JANQ total return, 1 year
−3.7%PCOV 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
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

JANQ and PCOV over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANQPCOVJANQPCOVJANQPCOV
Since launch0.0%−3.7%0.0%0.0%−0.8 pts−3.0 pts
Open the live comparison on ETFIQ
JANQ and PCOV on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANQ
Innovator Premium Income 40 Barrier ETF - January
Defined income on SPY
PCOV
Principal Equity Premium Income ETF
Covered call on SPY
IssuerInnovatorPrincipal
Strategydefined incomecovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysnot establishednot established
Payout rate, annualizednot publishednot published
Expense ratio0.79%0.34%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)0.0% (since launch on Aug 19, 2026)
Price change, 1 year0.0%−3.7%
Total return, 1 year0.0% (since launch on Sep 10, 2026)−3.7% (since launch on Aug 19, 2026)
Benchmark return, 1 year+0.8%−0.7%
Ahead or behind−0.8 pts−3.0 pts
Return of capital, latest estimatenot publishednot published
Age8 days30 days
Net assetsnot publishednot published

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.

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, JANQ or PCOV?
JANQ 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.

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

How every figure is computed · Standards and sources