Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

JULH vs PBP: which paid, and which earned it?

Over the year PBP paid 11.8% of its price in cash against JULH’s 4.7%, and returned more with it reinvested.

Innovator Premium Income 20 Barrier ETF - July and Invesco S&P 500 BuyWrite ETF.

4.7%JULH cash paid, 1 year
11.8%PBP cash paid, 1 year
+4.5%JULH total return, 1 year
+18.5%PBP total return, 1 year

ETFIQ Return Stability Score: PBP scores higher

Was the payout funded by returns, or by your own capital?

JULH 35.9PBP 80.63.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

JULH12.1 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%JULH+4.5%4.7% as cash12.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%JULH+4.5%12.1 pts behind SPY
PBP1.9 pts ahead of SPY · 1 year to Sep 18, 2026
SPY+16.6%PBP+18.5%11.8% of it arrived as cash1.9 pts ahead of SPYTotal return, distributions reinvestedSPY+16.6%PBP+18.5%11.8% cash1.9 pts ahead of SPY

What they hold in common

By the books each fund has filed, JULH and PBP hold 0% of their money in the same securities at the same weight.

Only in each
Only in JULHOnly in PBP
TREASURY BILL 100.00%NVIDIA Corp 8.18%
Apple Inc 7.50%
Microsoft Corp 5.57%
Amazon.com Inc 3.77%
Alphabet Inc 3.11%
Broadcom Inc 2.57%
Alphabet Inc 2.47%
Meta Platforms Inc 2.22%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 19, 2026.

Performance, window by window

JULH and PBP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JULHPBPJULHPBPJULHPBP
3 months+1.8%+5.0%1.1%2.8%−0.4 pts+2.7 pts
6 months+4.0%+13.0%2.7%5.7%−14.0 pts−5.0 pts
1 year+4.5%+18.5%4.7%11.8%−12.1 pts+1.9 pts
3 years+20.7%+46.1%18.4%31.8%−57.7 pts−32.3 pts
Since launch+22.7%+199.0%18.6%101.2%−55.9 pts−604.5 pts
Open the live comparison on ETFIQ
JULH and PBP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JULH
Innovator Premium Income 20 Barrier ETF - July
Defined income on SPY, paying quarterly
PBP
Invesco S&P 500 BuyWrite ETF
Covered call on SPY, paying monthly
IssuerInnovatorInvesco
Strategydefined incomecovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysquarterlymonthly
Payout rate, annualized4.2%11.3%
Expense ratio0.79%0.29%
Cash paid, 1 year4.7%11.8%
Price change, 1 year−0.4%+5.5%
Total return, 1 year+4.5%+18.5%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−12.1 pts+1.9 pts
Return of capital, latest estimatenot publishednot published
Age1173 days6101 days
Net assets$17m$386m

JULH in plain words

Over the year to Sep 18, 2026, JULH paid 4.7% of its starting value in cash distributions while its price fell 0.4%. With every distribution reinvested, the fund returned +4.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 12.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.2%, paid quarterly.

PBP in plain words

Over the year to Sep 18, 2026, PBP paid 11.8% of its starting value in cash distributions while its price rose 5.5%. With every distribution reinvested, the fund returned +18.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.3%, paid monthly.

Questions people ask

Which paid more, JULH or PBP?
Over the year to Sep 18, 2026, JULH paid 4.7% of its starting price in cash and PBP paid 11.8%, so PBP 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 PBP?
With every distribution reinvested, JULH returned +4.5% and PBP returned +18.5% over the year to Sep 18, 2026, so PBP returned more.
Which is cheaper, JULH or PBP?
JULH charges 0.79% a year and PBP charges 0.29%, so PBP 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.

JULH against PBP, 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, JULH against PBP, data as of Sep 18, 2026. https://etfiq.com/compare/income/julh-vs-pbp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources