Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

KIQQ vs SPUT: which paid, and which earned it?

KIQQ and SPUT both write options for income.

KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF and Innovator Equity Premium Income - Daily PutWrite ETF.

5.8%KIQQ cash paid, 1 year
5.2%SPUT cash paid, 1 year
+6.0%KIQQ total return, 1 year
+11.5%SPUT total return, 1 year
KIQQ9.9 pts behind QQQ · since launch to Sep 18, 2026
QQQ+15.9%KIQQ+6.0%5.8% of it arrived as cash9.9 pts behind QQQTotal return, distributions reinvestedQQQ+15.9%KIQQ+6.0%9.9 pts behind QQQ
SPUT5.1 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%SPUT+11.5%5.2% of it arrived as cash5.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%SPUT+11.5%5.1 pts behind SPY

What they hold in common

By the books each fund has filed, KIQQ and SPUT hold 27% of their money in the same securities at the same weight.

Positions KIQQ and SPUT both hold, largest shared weight first
HoldingKIQQSPUT
NVIDIA CORP8.90%3.85%
APPLE INC8.20%3.22%
MICROSOFT CORP6.17%2.47%
AMAZON.COM INC4.50%2.09%
ALPHABET INC-CL A3.40%1.84%
BROADCOM INC2.76%1.60%
ALPHABET INC-CL C3.15%1.59%
META PLATFORMS INC3.31%1.10%
TESLA INC3.19%0.91%
MICRON TECHNOLOGY INC5.14%0.48%
ADVANCED MICRO DEVICES4.21%0.47%
WALMART INC2.37%0.47%
Only in each
Only in KIQQOnly in SPUT
+NDXDBHIO/-FED FUNDS 100.58%TREASURY BILL 49.24%
SPACE EXPLORATION TECHN-CL A 3.07%JPMorgan Chase & Co 0.70%
ASML HOLDING NV-NY REG SHS 0.74%Eli Lilly & Co 0.65%
SHOPIFY INC - CLASS A 0.74%Exxon Mobil Corp 0.54%
ARM HOLDINGS PLC-ADR 0.54%Berkshire Hathaway Inc 0.54%
Cash 0.37%Visa Inc 0.46%
NXP SEMICONDUCTORS NV 0.26%Johnson & Johnson 0.46%
HONEYWELL AEROSPACE INC 0.25%Caterpillar Inc 0.35%

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 18, 2026.

Performance, window by window

KIQQ and SPUT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
KIQQSPUTKIQQSPUTKIQQSPUT
3 months−3.2%+2.4%1.9%1.1%−0.7 pts+0.1 pts
6 months+11.9%+11.5%4.5%2.5%−12.3 pts−6.5 pts
1 yearnot published+11.5%not published5.2%not published−5.1 pts
Since launch+6.0%+22.4%5.8%8.5%−9.9 pts−15.6 pts
Open the live comparison on ETFIQ
KIQQ and SPUT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
KIQQ
KraneShares InspereX Nasdaq Dynamic Buffered High Income Index ETF
Buffer with income on QQQ, paying monthly
SPUT
Innovator Equity Premium Income - Daily PutWrite ETF
Covered call on SPY, paying monthly
IssuerKraneSharesInnovator
Strategybuffer with incomecovered call
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY), used as a default proxy
Paysmonthlymonthly
Payout rate, annualized6.3%4.7%
Expense ratio0.79%0.79%
Cash paid, 1 year5.8% (since launch on Jan 7, 2026)5.2%
Price change, 1 year−0.1%+6.0%
Total return, 1 year+6.0% (since launch on Jan 7, 2026)+11.5%
Benchmark return, 1 year+15.9%+16.6%
Ahead or behind−9.9 pts−5.1 pts
Return of capital, latest estimatenot publishednot published
Age254 days553 days
Net assets$3m$17m

KIQQ in plain words

Over the period since launch on Jan 7, 2026 to Sep 18, 2026, KIQQ paid 5.8% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +6.0%. Nasdaq-100 (QQQ) returned +15.9% over the same days, so a holder was behind by 9.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.3%, paid monthly.

SPUT in plain words

Over the year to Sep 18, 2026, SPUT paid 5.2% of its starting value in cash distributions while its price rose 6.0%. With every distribution reinvested, the fund returned +11.5%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 5.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.7%, paid monthly.

Questions people ask

Which is cheaper, KIQQ or SPUT?
KIQQ charges 0.79% a year and SPUT charges 0.79%, so KIQQ 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.

KIQQ against SPUT, 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, KIQQ against SPUT, data as of Sep 18, 2026. https://etfiq.com/compare/income/kiqq-vs-sput Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources