Which paid more, JULJ or OEI?

Over the year to Nov 4, 2026, JULJ paid 5.6% 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, JULJ or OEI?

With every distribution reinvested, JULJ returned +5.4% and OEI +12.9% over the year to Nov 4, 2026.

Which is cheaper, JULJ or OEI?

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

Data as of Nov 4, 2026.

Income ETFs

JULJ vs OEI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, OEI paid 9.2% of its price in cash against JULJ’s 5.6%, and returned more with it reinvested.

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Net assets: $14m on Nov 4, 2026 for Innovator Premium Income 30 Barrier ETF - July, and $46m on Jul 31, 2026 for Optimized Equity Income ETF.

JULJ on its own →OEI on its own →

At a glance

5.6%

JULJ cash paid, 1 year

9.2%

OEI cash paid, 1 year

+5.4%

JULJ total return, 1 year

+12.9%

OEI total return, 1 year

JULJ · 1 year to Nov 4, 2026 9.4 pts behind SPY

JULJ

+5.4%

SPY

+14.8%

9.4 pts behind SPY

JULJ over 1 year: paid 5.6%, price −0.4%, total +5.4%, SPY +14.8%, −9.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

JULJ

+5.4%

5.6% of it arrived as cash

9.4 pts behind SPY

Total return, distributions reinvested

9.4 pts behind SPY

JULJ over 1 year: paid 5.6%, price −0.4%, total +5.4%, SPY +14.8%, −9.4 pts. Data to Nov 4, 2026.

SPY

+14.8%

JULJ

+5.4%

9.4 pts behind SPY

5.6% of it arrived as cash. Total return, distributions reinvested. JULJ over 1 year: paid 5.6%, price −0.4%, total +5.4%, SPY +14.8%, −9.4 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, with zero at the line. OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

JULJ costs 0.23 points a year less; their one-year returns differ by 7.5 points.

Points (pts) are percentage points.

JULJ vs OEI: Dividend Yield & Total Return
Measure	JULJ	OEI
Paid and earned
Measure	JULJ	OEI
Total return, 1 year	+5.4%	+12.9%
Price change, 1 year	fell 0.4%	rose 3.0%
Return of capital, issuer estimate	39% of the Oct 2, 2026 payment
Against its benchmark
Measure	JULJ	OEI
Benchmark	S&P 500, measured through SPY	S&P 500, measured through SPY
Cost and size
Measure	JULJ	OEI
Expense ratio	0.79%	1.02%
Net assets, JULJ as of Nov 4, 2026 and OEI as of Jul 31, 2026	$14m	$46m
Holdings
Measure	JULJ	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 Score54.2JULJ75.7OEI

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

JULJ 54.2

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, JULJ 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 JULJ OEI

Only in one fund ↓

Only in JULJ

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

JULJ Innovator Premium Income 30 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 5.4% 9.6%

Expense ratio 0.79% 1.02%

Cash paid, 1 year 5.6% 9.2%

Price change, 1 year −0.4% +3.0%

Total return, 1 year +5.4% +12.9%

Benchmark return, 1 year +14.8% +14.8%

Ahead or behind −9.4 pts −1.9 pts

Return of capital, latest estimate 39% not published

Age 3.3 years 1.0 years

Net assets, JULJ as of Nov 4, 2026 and OEI as of Jul 31, 2026 $14m $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: JULJ vs OEI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	JULJ	OEI	JULJ	OEI	JULJ	OEI
3 months	+1.3%	+3.3%	1.3%	2.4%	+1.5 pts	+3.4 pts
6 months	+2.6%	+6.3%	2.7%	4.7%	−2.4 pts	+1.3 pts
1 year	+5.4%	+12.9%	5.6%	9.2%	−9.4 pts	−1.9 pts
3 years	+18.6%	–	17.3%	–	−64.3 pts	–
Since launchNot the same days: JULJ Jul 2023 · OEI Oct 2025	+21.3%	+15.0%	19.0%	9.4%	−58.5 pts	−1.1 pts

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

Alert

About each fund

JULJ

Over the year to Nov 4, 2026, JULJ paid 5.6% of its starting value in cash distributions while its price fell 0.4%. With every distribution reinvested, the fund returned +5.4%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 9.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.4%, paid quarterly. Innovator estimates that 39% 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, JULJ or OEI?: Over the year to Nov 4, 2026, JULJ paid 5.6% 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, JULJ or OEI?: With every distribution reinvested, JULJ returned +5.4% and OEI +12.9% over the year to Nov 4, 2026.
Which is cheaper, JULJ or OEI?: JULJ charges 0.79% a year and OEI charges 1.02%, so JULJ is cheaper. Fees come from each fund's prospectus.

Other comparisons

JULJ vs WDTE JULJ vs XYLG JULJ vs XSPI JULJ vs SEPI OEI vs NLSI OEI vs ACKY OEI vs SPIN OEI vs ACSP

Where to next

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

Sources and dates

JULJ filings on SEC EDGAR ↗

JULJ prospectus with the expense ratio (SEC) ↗

JULJ 19a-1 distribution notice ↗

Innovator page for JULJ ↗

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

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