JANQ vs SCA: which paid, and which earned it?
JANQ and SCA both write options for income. Innovator Premium Income 40 Barrier ETF - January and GraniteShares Autocallable SMCI ETF.
0.9 pts behind SPY
JANQ since launch: paid 0.0%, price 0.0%, total 0.0%, SPY +0.9%, −0.9 pts.
SPY
+0.9%
JANQ
0.0%
0.9 pts behind SPY
Total return, distributions reinvested
0.9 pts behind SPY
JANQ since launch: paid 0.0%, price 0.0%, total 0.0%, SPY +0.9%, −0.9 pts.
SPY
+0.9%
JANQ
0.0%
0.9 pts behind SPY
0.0% of it arrived as cash. Total return, distributions reinvested. JANQ since launch: paid 0.0%, price 0.0%, total 0.0%, SPY +0.9%, −0.9 pts.
10.3 pts ahead of SMCI
SCA since launch: paid 12.8%, price +2.9%, total +17.8%, SMCI +7.5%, +10.3 pts.
SMCI
+7.5%
SCA
+17.8%
12.8% of it arrived as cash
10.3 pts ahead of SMCI
Total return, distributions reinvested
10.3 pts ahead of SMCI
SCA since launch: paid 12.8%, price +2.9%, total +17.8%, SMCI +7.5%, +10.3 pts.
SMCI
+7.5%
SCA
+17.8%
12.8% as cash
10.3 pts ahead of SMCI
12.8% of it arrived as cash. Both charts share one scale, 0 to +17.8%. SCA since launch: paid 12.8%, price +2.9%, total +17.8%, SMCI +7.5%, +10.3 pts.
Performance, window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | JANQ | SCA | JANQ | SCA | JANQ | SCA |
| 3 months | not published | +38.2% | not published | 8.0% | not published | −10.4 pts |
| Since launch JANQ Sep 2026 · SCA May 2026 | 0.0% | +17.8% | 0.0% | 12.8% | −0.9 pts | +10.3 pts |
JANQ and SCA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
JANQ and SCA on the same fields, as of Sep 30, 2026. Source: ETFIQ.
JANQ in plain words
Over the period since launch on Sep 10, 2026 to Sep 30, 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 +0.9% over the same days, so a holder was behind by 0.9 pts.
SCA in plain words
Over the period since launch on May 27, 2026 to Sep 30, 2026, SCA paid 12.8% of its starting value in cash distributions while its price rose 2.9%. With every distribution reinvested, the fund returned +17.8%. Super Micro (SMCI) returned +7.5% over the same days, so a holder was ahead by 10.3 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 36.6%, paid monthly. GraniteShares estimates that 29% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, JANQ against SCA, data as of Sep 30, 2026. https://etfiq.com/compare/income/janq-vs-sca
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, JANQ against SCA, data as of Sep 30, 2026. https://etfiq.com/compare/income/janq-vs-sca Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, JANQ against SCA, data as of Sep 30, 2026. https://etfiq.com/compare/income/janq-vs-sca
- APA
- ETFIQ. (Sep 30, 2026). JANQ against SCA. Retrieved from https://etfiq.com/compare/income/janq-vs-sca
- Markdown
- [JANQ against SCA (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/income/janq-vs-sca)