Which paid more, JULH or OEI?

Over the year to Nov 4, 2026, JULH paid 4.8% of its starting price in cash and OEI paid 9.2%, so OEI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, JULH or OEI?

With every distribution reinvested, JULH returned +4.9% and OEI +12.9% over the year to Nov 4, 2026.

Which is cheaper, JULH or OEI?

JULH charges 0.79% a year and OEI charges 1.02%, so JULH is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

JULH vs OEI: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, OEI paid 9.2% of its price in cash against JULH’s 4.8%, and returned more with it reinvested.

askIQ about this page

askIQ about JULH and OEI

Net assets: $18m on Nov 4, 2026 for Innovator Premium Income 20 Barrier ETF - July, and $46m on Jul 31, 2026 for Optimized Equity Income ETF.

JULH on its own →OEI on its own →

At a glance

4.8%

JULH cash paid, 1 year

9.2%

OEI cash paid, 1 year

+4.9%

JULH total return, 1 year

+12.9%

OEI total return, 1 year

JULH · 1 year to Nov 4, 2026 9.9 pts behind SPY

JULH

+4.9%

SPY

+14.8%

9.9 pts behind SPY

JULH over 1 year: paid 4.8%, price 0.0%, total +4.9%, SPY +14.8%, −9.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

JULH

+4.9%

4.8% of it arrived as cash

9.9 pts behind SPY

Total return, distributions reinvested

9.9 pts behind SPY

JULH over 1 year: paid 4.8%, price 0.0%, total +4.9%, SPY +14.8%, −9.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

JULH

+4.9%

9.9 pts behind SPY

4.8% of it arrived as cash. Total return, distributions reinvested. JULH over 1 year: paid 4.8%, price 0.0%, total +4.9%, SPY +14.8%, −9.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

OEI · 1 year to Nov 4, 2026 1.9 pts behind SPY

OEI

+12.9%

SPY

+14.8%

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% of it arrived as cash

1.9 pts behind SPY

Total return, distributions reinvested

1.9 pts behind SPY

OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

SPY

+14.8%

OEI

+12.9%

9.2% cash

1.9 pts behind SPY

9.2% of it arrived as cash. Both charts share one scale, 0 to +14.8%. OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.

Pair scorecard

JULH costs 0.23 points a year less; their one-year returns differ by 8.0 points.

Points (pts) are percentage points.

JULH vs OEI: Dividend Yield & Total Return
Measure	JULH	OEI
Paid and earned
Measure	JULH	OEI
Total return, 1 year	+4.9%	+12.9%
Price change, 1 year	fell 0.0%	rose 3.0%
Return of capital, issuer estimate	51% of the Oct 2, 2026 payment
Against its benchmark
Measure	JULH	OEI
Benchmark	S&P 500, measured through SPY	S&P 500, measured through SPY
Cost and size
Measure	JULH	OEI
Expense ratio	0.79%	1.02%
Net assets, JULH as of Nov 4, 2026 and OEI as of Jul 31, 2026	$18m	$46m
Holdings
Measure	JULH	OEI
Holdings in common	0%

ETFIQ Distribution Coverage Score · OEI scores higher How much of what it paid out did its total return cover?

IQ Income Score58.4JULH75.7OEI

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

JULH 58.4

OEI 75.7

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

By the books each fund has filed, JULH and OEI hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first JULH OEI

Only in one fund ↓

Only in JULH

Only in OEI

NVIDIA Corp 8.22%

Microsoft Corp 5.93%

Amazon.com Inc 4.51%

Apple Inc 4.23%

Alphabet Inc 3.44%

Broadcom Inc 3.01%

Alphabet Inc 2.76%

Micron Technology Inc 2.54%

Check overlap with more funds →

Side by side

JULH Innovator Premium Income 20 Barrier ETF - July · Defined income on SPY, paying quarterly OEI Optimized Equity Income ETF · Option income on SPY, paying monthly

Issuer Innovator Core Alternative

Strategy defined income option income

Benchmark S&P 500 (SPY) S&P 500 (SPY)

Pays quarterly monthly

Payout rate, annualized 6.5% 9.6%

Expense ratio 0.79% 1.02%

Cash paid, 1 year 4.8% 9.2%

Price change, 1 year 0.0% +3.0%

Total return, 1 year +4.9% +12.9%

Benchmark return, 1 year +14.8% +14.8%

Ahead or behind −9.9 pts −1.9 pts

Return of capital, latest estimate 51% not published

Age 3.3 years 1.0 years

Net assets, JULH as of Nov 4, 2026 and OEI as of Jul 31, 2026 $18m $46m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: JULH vs OEI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	JULH	OEI	JULH	OEI	JULH	OEI
3 months	+1.4%	+3.3%	1.6%	2.4%	+1.5 pts	+3.4 pts
6 months	+3.2%	+6.3%	2.7%	4.7%	−1.8 pts	+1.3 pts
1 year	+4.9%	+12.9%	4.8%	9.2%	−9.9 pts	−1.9 pts
3 years	+20.9%	–	18.4%	–	−62.0 pts	–
Since launchNot the same days: JULH Jul 2023 · OEI Oct 2025	+23.7%	+15.0%	20.3%	9.4%	−56.1 pts	−1.1 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

JULH

Over the year to Nov 4, 2026, JULH paid 4.8% of its starting value in cash distributions while its price fell 0.0%. With every distribution reinvested, the fund returned +4.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 9.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.5%, paid quarterly. Innovator estimates that 51% of the distribution paid Oct 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

OEI

Over the year to Nov 4, 2026, OEI paid 9.2% of its starting value in cash distributions while its price rose 3.0%. With every distribution reinvested, the fund returned +12.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 1.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.6%, paid monthly.

Questions people ask

Which paid more, JULH or OEI?: Over the year to Nov 4, 2026, JULH paid 4.8% of its starting price in cash and OEI paid 9.2%, so OEI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, JULH or OEI?: With every distribution reinvested, JULH returned +4.9% and OEI +12.9% over the year to Nov 4, 2026.
Which is cheaper, JULH or OEI?: JULH charges 0.79% a year and OEI charges 1.02%, so JULH is cheaper. Fees come from each fund's prospectus.

Other comparisons

JULH vs XYLD JULH vs DIVO JULH vs SPYI JULH vs SPIN OEI vs SPUT OEI vs SCLZ OEI vs OCTH OEI vs QUSA

Where to next

S&P 500 (SPY) →JULH on its own →OEI on its own →JULH dividend history →OEI dividend history →OEI holdings →Method →Standards and sources →

Sources and dates

JULH filings on SEC EDGAR ↗

JULH prospectus with the expense ratio (SEC) ↗

JULH 19a-1 distribution notice ↗

Innovator page for JULH ↗

OEI filings on SEC EDGAR ↗

OEI prospectus with the expense ratio (SEC) ↗

Core Alternative website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, JULH against OEI, data as of Nov 4, 2026. https://etfiq.com/compare/income/julh-vs-oei

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.