Data as of Nov 4, 2026.
LJAN vs PBP: Dividend Yield & Total Return
Over the year to Nov 4, 2026, PBP paid 11.7% of its price in cash against LJAN’s 4.9%, and returned more with it reinvested.
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Net assets: $12m on Nov 4, 2026 for Innovator Premium Income 15 Buffer ETF - January, and $389m on Nov 3, 2026 for Invesco S&P 500 BuyWrite ETF.
9.7 pts behind VOO
LJAN over 1 year: paid 4.9%, price +0.1%, total +5.1%, VOO +14.8%, −9.7 pts. Data to Nov 4, 2026.
VOO
+14.8%
LJAN
+5.1%
4.9% of it arrived as cash
9.7 pts behind VOO
Total return, distributions reinvested
9.7 pts behind VOO
LJAN over 1 year: paid 4.9%, price +0.1%, total +5.1%, VOO +14.8%, −9.7 pts. Data to Nov 4, 2026.
VOO
+14.8%
LJAN
+5.1%
9.7 pts behind VOO
4.9% of it arrived as cash. Total return, distributions reinvested. LJAN over 1 year: paid 4.9%, price +0.1%, total +5.1%, VOO +14.8%, −9.7 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.1.4 pts ahead of SPY
PBP over 1 year: paid 11.7%, price +3.6%, total +16.2%, SPY +14.8%, +1.4 pts. Data to Nov 4, 2026.
SPY
+14.8%
PBP
+16.2%
11.7% of it arrived as cash
1.4 pts ahead of SPY
Total return, distributions reinvested
1.4 pts ahead of SPY
PBP over 1 year: paid 11.7%, price +3.6%, total +16.2%, SPY +14.8%, +1.4 pts. Data to Nov 4, 2026.
SPY
+14.8%
PBP
+16.2%
11.7% as cash
1.4 pts ahead of SPY
11.7% of it arrived as cash. Both charts share one scale, 0 to +16.2%. PBP over 1 year: paid 11.7%, price +3.6%, total +16.2%, SPY +14.8%, +1.4 pts. Data to Nov 4, 2026.
Both charts share one scale, 0 to +16.2%. Data to Nov 4, 2026.Pair scorecard
PBP costs 0.50 points a year less; their one-year returns differ by 11.1 points; PBP is far larger, $389m against $12m.
Points (pts) are percentage points.
| Measure | LJAN | PBP |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +5.1% | +16.2% |
| Price change, 1 year | rose 0.1% | rose 3.6% |
| Return of capital, issuer estimate | 47% of the Nov 2, 2026 payment | 95% of the Oct 23, 2026 payment |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 0.79% | 0.29% |
| Net assets, as of Nov 3, 2026 | $12m | $389m |
| Holdings | ||
| Holdings in common | 0% | |
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
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 →
Risk and return
Jan 12, 2024 to Oct 30, 2026 · 146 weekly returnsEach against its own benchmark: LJAN against VOO, Jan 12, 2024 to Oct 30, 2026; PBP against SPY, Dec 28, 2007 to Oct 30, 2026.
From Jan 2024 to Oct 2026, PBP returned more: +42.5% to +15.9%. LJAN swung less: 2.8% to 9.0%. LJAN fell less at its worst: −3.7% to −14.3%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | LJAN | PBP | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +15.9% | +42.5% | PBP | Price change plus distributions, reinvested. |
| Annualized | +5.4% | +13.4% | PBP | Total return as a yearly rate. |
| Price return | +0.1% | +5.6% | PBP | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 2.8% | 9.0% | LJAN | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 2.2% | 6.4% | LJAN | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −3.7% | −14.3% | LJAN | Deepest fall from a high to the low after it. |
| Upside capture | 10.8% | 43.1% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 9.9% | 66.8% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.16 | 0.63 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.59 | 0.78 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.33 | 0.97 | PBP | Return above Treasury bills per unit of volatility. |
| Sortino | 0.43 | 1.35 | PBP | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.060 | 0.072 | Return above Treasury bills per unit of beta. | |
| Calmar | 1.45 | 0.94 | LJAN | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | VOO | SPY | The ETF each fund is measured against. | |
| Alpha | −1.3% a year | −2.2% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −1.18 | −1.56 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −3.5% to +0.9% | −5.0% to +0.6% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −1.11 | −0.68 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 12.0% | 9.1% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 146 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, LJAN and PBP hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | LJAN | PBP | LJAN | PBP | LJAN | PBP |
| 3 months | +1.1% | +2.5% | 1.2% | 2.5% | +1.2 pts | +2.6 pts |
| 6 months | +2.6% | +8.1% | 2.4% | 5.3% | −2.4 pts | +3.1 pts |
| 1 year | +5.1% | +16.2% | 4.9% | 11.7% | −9.7 pts | +1.4 pts |
| 3 years | – | +49.6% | – | 33.4% | – | −33.3 pts |
| Since launchNot the same days: LJAN Jan 2024 · PBP Dec 2007 | +16.7% | +172.0% | 14.8% | 92.4% | −51.3 pts | −467.6 pts |
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LJAN
Over the year to Nov 4, 2026, LJAN paid 4.9% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +5.1%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 9.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 4.9%, paid monthly. Innovator estimates that 47% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
PBP
Over the year to Nov 4, 2026, PBP paid 11.7% of its starting value in cash distributions while its price rose 3.6%. With every distribution reinvested, the fund returned +16.2%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was ahead by 1.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.5%, paid monthly. Invesco estimates that 95% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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.
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ETFIQ, LJAN against PBP, data as of Nov 4, 2026. https://etfiq.com/compare/income/ljan-vs-pbp
ETFIQ. (Nov 4, 2026). LJAN against PBP. Retrieved from https://etfiq.com/compare/income/ljan-vs-pbp
[LJAN against PBP (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/ljan-vs-pbp)
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