Data as of .
JANQ vs QYLD: which paid, and which earned it?
JANQ and QYLD both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JANQ | QYLD | JANQ | QYLD | JANQ | QYLD | |
| 3 months | not published | +3.2% | not published | 3.0% | not published | +5.7 pts |
| 6 months | not published | +14.5% | not published | 6.3% | not published | −9.7 pts |
| 1 year | not published | +23.0% | not published | 12.5% | not published | +1.2 pts |
| 3 years | not published | +55.3% | not published | 36.6% | not published | −42.9 pts |
| Since launch | 0.0% | +198.3% | 0.0% | 116.0% | −0.8 pts | −644.6 pts |
| JANQ Innovator Premium Income 40 Barrier ETF - January Defined income on SPY | QYLD Global X NASDAQ 100 Covered Call ETF Covered call on QQQ, paying monthly | |
|---|---|---|
| Issuer | Innovator | Global X |
| Strategy | defined income | covered call |
| Benchmark | S&P 500 (SPY) | Nasdaq-100 (QQQ) |
| Pays | not established | monthly |
| Payout rate, annualized | not published | 11.8% |
| Expense ratio | 0.79% | 0.60% |
| Cash paid, 1 year | 0.0% (since launch on Sep 10, 2026) | 12.5% |
| Price change, 1 year | 0.0% | +9.1% |
| Total return, 1 year | 0.0% (since launch on Sep 10, 2026) | +23.0% |
| Benchmark return, 1 year | +0.8% | +21.8% |
| Ahead or behind | −0.8 pts | +1.2 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 8 days | 4663 days |
| Net assets | not published | $8.5bn |
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.
QYLD in plain words
Over the year to Sep 18, 2026, QYLD paid 12.5% of its starting value in cash distributions while its price rose 9.1%. With every distribution reinvested, the fund returned +23.0%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was ahead by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.8%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 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 QYLD?
- JANQ charges 0.79% a year and QYLD charges 0.60%, so QYLD 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.
Cite this page. ETFIQ, JANQ against QYLD, data as of Sep 18, 2026. https://etfiq.com/compare/income/janq-vs-qyld Free to use with attribution; the underlying files are at Open data.