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Data as of .

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

JANQ and SEPI both write options for income.

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

0.0%JANQ cash paid, 1 year
7.5%SEPI cash paid, 1 year
0.0%JANQ total return, 1 year
+21.8%SEPI 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
SEPI5.2 pts ahead of SPY · 1 year to Sep 18, 2026
SPY+16.6%SEPI+21.8%7.5% of it arrived as cash5.2 pts ahead of SPYTotal return, distributions reinvestedSPY+16.6%SEPI+21.8%5.2 pts ahead of SPY

Performance, window by window

JANQ and SEPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANQSEPIJANQSEPIJANQSEPI
3 monthsnot published+5.4%not published2.1%not published+3.2 pts
6 monthsnot published+20.5%not published4.7%not published+2.5 pts
1 yearnot published+21.8%not published7.5%not published+5.2 pts
Since launch0.0%+24.4%0.0%7.7%−0.8 pts+5.4 pts
Open the live comparison on ETFIQ
JANQ and SEPI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANQ
Innovator Premium Income 40 Barrier ETF - January
Defined income on SPY
SEPI
Shelton Equity Premium Income ETF
Covered call on SPY, paying monthly
IssuerInnovatorShelton
Strategydefined incomecovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysnot establishedmonthly
Payout rate, annualizednot published8.3%
Expense ratio0.79%0.54%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)7.5%
Price change, 1 year0.0%+13.4%
Total return, 1 year0.0% (since launch on Sep 10, 2026)+21.8%
Benchmark return, 1 year+0.8%+16.6%
Ahead or behind−0.8 pts+5.2 pts
Return of capital, latest estimatenot publishednot published
Age8 days375 days
Net assetsnot published$152m

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.

SEPI in plain words

Over the year to Sep 18, 2026, SEPI paid 7.5% of its starting value in cash distributions while its price rose 13.4%. With every distribution reinvested, the fund returned +21.8%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.3%, paid monthly.

Questions people ask

Which is cheaper, JANQ or SEPI?
JANQ charges 0.79% a year and SEPI charges 0.54%, so SEPI 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 SEPI, 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 SEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/janq-vs-sepi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources