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Data as of .

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

JANQ and XSHP both write options for income.

Innovator Premium Income 40 Barrier ETF - January and Kurv SpaceX (SPAX) Enhanced Income ETF.

0.0%JANQ cash paid, 1 year
7.3%XSHP cash paid, 1 year
0.0%JANQ total return, 1 year
−13.1%XSHP 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
XSHP16.4 pts behind SPY · since launch to Sep 18, 2026
SPY+3.3%XSHP−13.1%16.4 pts behind SPYTotal return, distributions reinvestedSPY+3.3%XSHP−13.1%16.4 pts behind SPY

Performance, window by window

JANQ and XSHP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANQXSHPJANQXSHPJANQXSHP
3 monthsnot published−11.0%not published7.4%not published−13.3 pts
Since launch0.0%−13.1%0.0%7.3%−0.8 pts−16.4 pts
Open the live comparison on ETFIQ
JANQ and XSHP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANQ
Innovator Premium Income 40 Barrier ETF - January
Defined income on SPY
XSHP
Kurv SpaceX (SPAX) Enhanced Income ETF
Covered call on SPY, paying monthly
IssuerInnovatorKurv
Strategydefined incomecovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as the proxy
Paysnot establishedmonthly
Payout rate, annualizednot published33.5%
Expense ratio0.79%0.99%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)7.3% (since launch on Jun 17, 2026)
Price change, 1 year0.0%−21.8%
Total return, 1 year0.0% (since launch on Sep 10, 2026)−13.1% (since launch on Jun 17, 2026)
Benchmark return, 1 year+0.8%+3.3%
Ahead or behind−0.8 pts−16.4 pts
Return of capital, latest estimatenot published94%
Age8 days93 days
Net assetsnot published$7m

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.

XSHP in plain words

Over the period since launch on Jun 17, 2026 to Sep 18, 2026, XSHP paid 7.3% of its starting value in cash distributions while its price fell 21.8%. With every distribution reinvested, the fund returned −13.1%. S&P 500 (SPY), used as the proxy returned +3.3% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 33.5%, paid monthly. Kurv estimates that 94% of the distribution paid Sep 3, 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 XSHP?
JANQ charges 0.79% a year and XSHP charges 0.99%, 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 XSHP, 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 XSHP, data as of Sep 18, 2026. https://etfiq.com/compare/income/janq-vs-xshp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources