Data as of .
JANQ vs XSPI: which paid, and which earned it?
JANQ and XSPI both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JANQ | XSPI | JANQ | XSPI | JANQ | XSPI | |
| 3 months | not published | +3.7% | not published | 4.2% | not published | +1.4 pts |
| 6 months | not published | +20.0% | not published | 9.2% | not published | +1.9 pts |
| Since launch | 0.0% | +11.6% | 0.0% | 11.1% | −0.8 pts | +0.2 pts |
| JANQ Innovator Premium Income 40 Barrier ETF - January Defined income on SPY | XSPI NEOS Boosted S&P 500(R) High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Innovator | NEOS |
| Strategy | defined income | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | not established | monthly |
| Payout rate, annualized | not published | 17.1% |
| Expense ratio | 0.79% | 0.98% |
| Cash paid, 1 year | 0.0% (since launch on Sep 10, 2026) | 11.1% (since launch on Feb 3, 2026) |
| Price change, 1 year | 0.0% | −0.3% |
| Total return, 1 year | 0.0% (since launch on Sep 10, 2026) | +11.6% (since launch on Feb 3, 2026) |
| Benchmark return, 1 year | +0.8% | +11.3% |
| Ahead or behind | −0.8 pts | +0.2 pts |
| Return of capital, latest estimate | not published | 99% |
| Age | 8 days | 227 days |
| Net assets | not published | $113m |
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.
XSPI in plain words
Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XSPI paid 11.1% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +11.6%. S&P 500 (SPY) returned +11.3% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 17.1%, paid monthly. NEOS estimates that 99% of the distribution paid Jul 10, 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 XSPI?
- JANQ charges 0.79% a year and XSPI charges 0.98%, 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.
Cite this page. ETFIQ, JANQ against XSPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/janq-vs-xspi Free to use with attribution; the underlying files are at Open data.