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Data as of .

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

JANQ and WDTE both write options for income.

Innovator Premium Income 40 Barrier ETF - January and Defiance S&P 500 Weekly Distribution ETF.

0.0%JANQ cash paid, 1 year
28.0%WDTE cash paid, 1 year
0.0%JANQ total return, 1 year
+15.8%WDTE 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
WDTE0.8 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%WDTE+15.8%28.0% of it arrived as cash0.8 pts behind SPYTotal return, distributions reinvestedSPY+16.6%WDTE+15.8%28.0% as cash0.8 pts behind SPY

Performance, window by window

JANQ and WDTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANQWDTEJANQWDTEJANQWDTE
3 monthsnot published+3.2%not published7.4%not published+0.9 pts
6 monthsnot published+17.3%not published15.7%not published−0.7 pts
1 yearnot published+15.8%not published28.0%not published−0.8 pts
3 yearsnot published+49.2%not published77.8%not published−29.2 pts
Since launch0.0%+49.2%0.0%77.8%−0.8 pts−29.2 pts
Open the live comparison on ETFIQ
JANQ and WDTE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANQ
Innovator Premium Income 40 Barrier ETF - January
Defined income on SPY
WDTE
Defiance S&P 500 Weekly Distribution ETF
Option income on SPY, paying weekly
IssuerInnovatorDefiance
Strategydefined incomeoption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysnot establishedweekly
Payout rate, annualizednot published29.9%
Expense ratio0.79%1.03%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)28.0%
Price change, 1 year0.0%−14.8%
Total return, 1 year0.0% (since launch on Sep 10, 2026)+15.8%
Benchmark return, 1 year+0.8%+16.6%
Ahead or behind−0.8 pts−0.8 pts
Return of capital, latest estimatenot published38%
Age8 days1095 days
Net assetsnot published$71m

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.

WDTE in plain words

Over the year to Sep 18, 2026, WDTE paid 28.0% of its starting value in cash distributions while its price fell 14.8%. With every distribution reinvested, the fund returned +15.8%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.9%, paid weekly. Defiance estimates that 38% of the distribution paid Sep 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 WDTE?
JANQ charges 0.79% a year and WDTE charges 1.03%, so JANQ 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 WDTE, 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 WDTE, data as of Sep 18, 2026. https://etfiq.com/compare/income/janq-vs-wdte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources