Data as of Nov 12, 2026.
LOCT vs MPIM: Dividend Yield & Total Return
Return, fees and overlap, side by side.
Pair scorecard
MPIM costs 0.09 points a year less.
Points (pts) are percentage points.
| Measure | LOCT | MPIM |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +5.1% | not published |
| Price change | fell 0.3% (1 year) | fell 12.8% (since Aug 12, 2026) |
| Return of capital, issuer estimate | 35% of the Nov 2, 2026 payment | |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | not published |
| Against its benchmark, same days | behind by 7.0 pts | |
| Cost and size | ||
| Expense ratio | 0.79% | 0.70% |
| Net assets | $12m | not read by ETFIQ |
| Holdings | ||
| Holdings in common | not published | |
7 pts behind VOO
LOCT over 1 year: paid 5.2%, price −0.3%, total +5.1%, VOO +12.1%, −7.0 pts. Data to Nov 12, 2026.
VOO
+12.1%
LOCT
+5.1%
5.2% as cash
7 pts behind VOO
Total return, distributions reinvested
7 pts behind VOO
LOCT over 1 year: paid 5.2%, price −0.3%, total +5.1%, VOO +12.1%, −7.0 pts. Data to Nov 12, 2026.
VOO
+12.1%
LOCT
+5.1%
7 pts behind VOO
5.2% of it arrived as cash. Total return, distributions reinvested. LOCT over 1 year: paid 5.2%, price −0.3%, total +5.1%, VOO +12.1%, −7.0 pts. Data to Nov 12, 2026.
Data to Nov 12, 2026.Not measured
MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
MPIM
−10.0%
Total return, distributions reinvested
Not measured
MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
MPIM
−10.0%
3.0% of it arrived as cash. Both charts share one scale, with zero at the line. MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
Data to Nov 12, 2026.Side by side
As of Nov 12, 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 | LOCT | MPIM | LOCT | MPIM | LOCT | MPIM |
| 3 months | +0.7% | −10.6% | 1.3% | 3.0% | +3.1 pts | not measured |
| 6 months | +2.0% | – | 2.6% | – | +0.2 pts | – |
| 1 year | +5.1% | – | 5.2% | – | −7.0 pts | – |
| 3 years | +17.1% | – | 16.7% | – | −61.7 pts | – |
| Since launchNot the same days: LOCT Oct 2023 · MPIM Aug 2026 | +18.9% | −10.0% | 17.5% | 3.0% | −65.2 pts | not measured |
– means no data for this window. Open this comparison in the app →
LOCT
Over the year to Nov 12, 2026, LOCT paid 5.2% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +5.1%. Vanguard S&P 500 ETF (VOO) returned +12.1% over the same days, so a holder was behind by 7.0 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 5.8%, paid monthly. Innovator estimates that 35% 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.
MPIM
Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPIM paid 3.0% of its starting value in cash distributions while its price fell 12.8%. With every distribution reinvested, the fund returned −10.0%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.0%, paid periodically.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, LOCT against MPIM, data as of Nov 12, 2026. https://etfiq.com/compare/income/loct-vs-mpim
ETFIQ. (Nov 12, 2026). LOCT against MPIM. Retrieved from https://etfiq.com/compare/income/loct-vs-mpim
[LOCT against MPIM (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/income/loct-vs-mpim)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.
LOCT and MPIM both write options for income.
LOCT and MPIM
Total return, distributions reinvested, 3 months.
LOCT +0.7%, MPIM −10.6%: LOCT +11.3 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.