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ETFIQetfiq.com · independent ETF data

Data as of .

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

JANQ and XPAY both write options for income.

Innovator Premium Income 40 Barrier ETF - January and Roundhill S&P 500 Target 20 Managed Distribution ETF.

0.0%JANQ cash paid, 1 year
19.9%XPAY cash paid, 1 year
0.0%JANQ total return, 1 year
+15.7%XPAY 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
XPAY0.9 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%XPAY+15.7%19.9% of it arrived as cash0.9 pts behind SPYTotal return, distributions reinvestedSPY+16.6%XPAY+15.7%19.9% as cash0.9 pts behind SPY

Performance, window by window

JANQ and XPAY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANQXPAYJANQXPAYJANQXPAY
3 monthsnot published+2.0%not published5.0%not published−0.3 pts
6 monthsnot published+17.8%not published11.1%not published−0.2 pts
1 yearnot published+15.7%not published19.9%not published−0.9 pts
Since launch0.0%+34.7%0.0%37.5%−0.8 pts−2.3 pts
Open the live comparison on ETFIQ
JANQ and XPAY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANQ
Innovator Premium Income 40 Barrier ETF - January
Defined income on SPY
XPAY
Roundhill S&P 500 Target 20 Managed Distribution ETF
Option income on SPY, paying monthly
IssuerInnovatorRoundhill
Strategydefined incomeoption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysnot establishedmonthly
Payout rate, annualizednot published20.8%
Expense ratio0.79%0.49%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)19.9%
Price change, 1 year0.0%−5.8%
Total return, 1 year0.0% (since launch on Sep 10, 2026)+15.7%
Benchmark return, 1 year+0.8%+16.6%
Ahead or behind−0.8 pts−0.9 pts
Return of capital, latest estimatenot publishednot published
Age8 days687 days
Net assetsnot published$179m

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.

XPAY in plain words

Over the year to Sep 18, 2026, XPAY paid 19.9% of its starting value in cash distributions while its price fell 5.8%. With every distribution reinvested, the fund returned +15.7%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.8%, paid monthly.

Questions people ask

Which is cheaper, JANQ or XPAY?
JANQ charges 0.79% a year and XPAY charges 0.49%, so XPAY 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 XPAY, 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 XPAY, data as of Sep 18, 2026. https://etfiq.com/compare/income/janq-vs-xpay Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources