Which paid more, LJAN or XPAY?

Over the year to Nov 4, 2026, LJAN paid 4.9% of its starting price in cash and XPAY paid 19.7%, so XPAY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, LJAN or XPAY?

With every distribution reinvested, LJAN returned +5.1% and XPAY +14.0% over the year to Nov 4, 2026.

Which is cheaper, LJAN or XPAY?

LJAN charges 0.79% a year and XPAY charges 0.49%, so XPAY is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

LJAN vs XPAY: Dividend Yield & Total Return

Share on X Download as PDF

Over the year to Nov 4, 2026, XPAY paid 19.7% of its price in cash against LJAN’s 4.9%, and returned more with it reinvested.

askIQ about this page

askIQ about LJAN and XPAY

Net assets on Nov 4, 2026: $12m for Innovator Premium Income 15 Buffer ETF - January and $187m for Roundhill S&P 500 Target 20 Managed Distribution ETF.

LJAN on its own →XPAY on its own →

At a glance

4.9%

LJAN cash paid, 1 year

19.7%

XPAY cash paid, 1 year

+5.1%

LJAN total return, 1 year

+14.0%

XPAY total return, 1 year

LJAN · 1 year to Nov 4, 2026 9.7 pts behind VOO

LJAN

+5.1%

VOO

+14.8%

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.

XPAY · 1 year to Nov 4, 2026 0.8 pts behind VOO

XPAY

+14.0%

VOO

+14.8%

0.8 pts behind VOO

XPAY over 1 year: paid 19.7%, price −7.2%, total +14.0%, VOO +14.8%, −0.8 pts. Data to Nov 4, 2026.

VOO

+14.8%

XPAY

+14.0%

19.7% of it arrived as cash

0.8 pts behind VOO

Total return, distributions reinvested

0.8 pts behind VOO

XPAY over 1 year: paid 19.7%, price −7.2%, total +14.0%, VOO +14.8%, −0.8 pts. Data to Nov 4, 2026.

VOO

+14.8%

XPAY

+14.0%

19.7% as cash

0.8 pts behind VOO

19.7% of it arrived as cash. Both charts share one scale, with zero at the line. XPAY over 1 year: paid 19.7%, price −7.2%, total +14.0%, VOO +14.8%, −0.8 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

XPAY costs 0.30 points a year less; their one-year returns differ by 8.9 points; XPAY is 15.6 times larger.

Points (pts) are percentage points.

LJAN vs XPAY: Dividend Yield & Total Return
Measure	LJAN	XPAY
Paid and earned
Measure	LJAN	XPAY
Total return, 1 year	+5.1%	+14.0%
Price change, 1 year	rose 0.1%	fell 7.2%
Return of capital, issuer estimate	47% of the Nov 2, 2026 payment	100% of the Oct 15, 2026 payment
Against its benchmark
Measure	LJAN	XPAY
Benchmark	Vanguard S&P 500 ETF, measured through VOO	Vanguard S&P 500 ETF, measured through VOO
Cost and size
Measure	LJAN	XPAY
Expense ratio	0.79%	0.49%
Net assets	$12m	$187m
Holdings
Measure	LJAN	XPAY
Holdings in common	0%

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

IQ Income Score60.2LJAN43.4XPAY

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

LJAN 60.2

XPAY 43.4

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, LJAN and XPAY hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first LJAN XPAY

Only in one fund ↓

Only in LJAN

Only in XPAY

SPY 12/10/2027 38.04 C 94.39%

Check overlap with more funds →

Side by side

LJAN Innovator Premium Income 15 Buffer ETF - January · Buffer with income on VOO, paying monthly XPAY Roundhill S&P 500 Target 20 Managed Distribution ETF · Option income on VOO, paying monthly

Issuer Innovator Roundhill

Strategy buffer with income option income

Benchmark Vanguard S&P 500 ETF (VOO) Vanguard S&P 500 ETF (VOO)

Pays monthly monthly

Payout rate, annualized 4.9% 21.1%

Expense ratio 0.79% 0.49%

Cash paid, 1 year 4.9% 19.7%

Price change, 1 year +0.1% −7.2%

Total return, 1 year +5.1% +14.0%

Benchmark return, 1 year +14.8% +14.8%

Ahead or behind −9.7 pts −0.8 pts

Return of capital, latest estimate 47% 100%

Age 2.8 years 2.0 years

Net assets $12m $187m

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: LJAN vs XPAY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	LJAN	XPAY	LJAN	XPAY	LJAN	XPAY
3 months	+1.1%	−0.3%	1.2%	5.0%	+1.2 pts	−0.2 pts
6 months	+2.6%	+4.9%	2.4%	10.0%	−2.4 pts	−0.1 pts
1 year	+5.1%	+14.0%	4.9%	19.7%	−9.7 pts	−0.9 pts
Since launchNot the same days: LJAN Jan 2024 · XPAY Oct 2024	+16.7%	+35.6%	14.8%	39.0%	−51.3 pts	−2.6 pts

Open this comparison in the app →

Alert

About each fund

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.

XPAY

Over the year to Nov 4, 2026, XPAY paid 19.7% of its starting value in cash distributions while its price fell 7.2%. With every distribution reinvested, the fund returned +14.0%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 0.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 21.1%, paid monthly. Roundhill estimates that 100% of the distribution paid Oct 15, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, LJAN or XPAY?: Over the year to Nov 4, 2026, LJAN paid 4.9% of its starting price in cash and XPAY paid 19.7%, so XPAY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, LJAN or XPAY?: With every distribution reinvested, LJAN returned +5.1% and XPAY +14.0% over the year to Nov 4, 2026.
Which is cheaper, LJAN or XPAY?: LJAN charges 0.79% a year and XPAY charges 0.49%, so XPAY is cheaper. Fees come from each fund's prospectus.

Other comparisons

LJAN vs TSPY LJAN vs OVL LJAN vs XISE LJAN vs TPAY XPAY vs LOCT XPAY vs LJUL XPAY vs SDTY XPAY vs TPAY

Where to next

Vanguard S&P 500 ETF (VOO) →LJAN on its own →XPAY on its own →LJAN dividend history →XPAY dividend history →XPAY holdings →Method →Standards and sources →

Sources and dates

LJAN filings on SEC EDGAR ↗

LJAN prospectus with the expense ratio (SEC) ↗

LJAN 19a-1 distribution notice ↗

Innovator page for LJAN ↗

XPAY filings on SEC EDGAR ↗

XPAY prospectus with the expense ratio (SEC) ↗

XPAY 19a-1 distribution notice ↗

Roundhill page for XPAY ↗

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, LJAN against XPAY, data as of Nov 4, 2026. https://etfiq.com/compare/income/ljan-vs-xpay

Open data →

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