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Data as of .

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

JANQ and QQQI both write options for income.

Innovator Premium Income 40 Barrier ETF - January and NEOS Nasdaq-100(R) High Income ETF.

0.0%JANQ cash paid, 1 year
15.2%QQQI cash paid, 1 year
0.0%JANQ total return, 1 year
+16.4%QQQI 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
QQQI5.3 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QQQI+16.4%15.2% of it arrived as cash5.3 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%QQQI+16.4%15.2% as cash5.3 pts behind QQQ

Performance, window by window

JANQ and QQQI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANQQQQIJANQQQQIJANQQQQI
3 monthsnot published−0.7%not published3.4%not published+1.8 pts
6 monthsnot published+16.7%not published7.7%not published−7.5 pts
1 yearnot published+16.4%not published15.2%not published−5.3 pts
Since launch0.0%+59.6%0.0%39.9%−0.8 pts−12.3 pts
Open the live comparison on ETFIQ
JANQ and QQQI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANQ
Innovator Premium Income 40 Barrier ETF - January
Defined income on SPY
QQQI
NEOS Nasdaq-100(R) High Income ETF
Option income on QQQ, paying monthly
IssuerInnovatorNEOS
Strategydefined incomeoption income
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysnot establishedmonthly
Payout rate, annualizednot published14.0%
Expense ratio0.79%0.68%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)15.2%
Price change, 1 year0.0%−0.1%
Total return, 1 year0.0% (since launch on Sep 10, 2026)+16.4%
Benchmark return, 1 year+0.8%+21.8%
Ahead or behind−0.8 pts−5.3 pts
Return of capital, latest estimatenot published98%
Age8 days962 days
Net assetsnot published$14.8bn

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.

QQQI in plain words

Over the year to Sep 18, 2026, QQQI paid 15.2% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +16.4%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 5.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.0%, paid monthly. NEOS estimates that 98% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, JANQ or QQQI?
JANQ charges 0.79% a year and QQQI charges 0.68%, so QQQI 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 QQQI, 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 QQQI, data as of Sep 18, 2026. https://etfiq.com/compare/income/janq-vs-qqqi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources