Data as of .
LOCT vs SPIN: which paid, and which earned it?
Over the year SPIN paid 5.2% of its price in cash against LOCT’s 5.2%, and returned more with it reinvested.
ETFIQ Return Stability Score: SPIN scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, LOCT and SPIN hold 0% of their money in the same securities at the same weight.
| Only in LOCT | Only in SPIN |
|---|---|
| TREASURY BILL 98.30% | NVIDIA CORP 9.87% |
| TREASURY BILL 0.43% | MICROSOFT CORP 7.06% |
| TREASURY BILL 0.43% | APPLE INC 6.03% |
| TREASURY BILL 0.42% | ALPHABET INC CL A 5.65% |
| TREASURY BILL 0.42% | AMAZON.COM INC 4.87% |
| BROADCOM INC 3.23% | |
| META PLATFORMS INC CLASS A 3.14% | |
| MICRON TECHNOLOGY INC 2.91% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| LOCT | SPIN | LOCT | SPIN | LOCT | SPIN | |
| 3 months | +1.0% | +3.7% | 1.3% | 0.8% | −1.2 pts | +1.4 pts |
| 6 months | +3.9% | +12.3% | 2.6% | 3.2% | −14.1 pts | −5.8 pts |
| 1 year | +5.4% | +11.3% | 5.2% | 5.2% | −11.2 pts | −5.2 pts |
| Since launch | +18.5% | +28.5% | 16.5% | 15.2% | −66.4 pts | −13.7 pts |
| LOCT Innovator Premium Income 15 Buffer ETF - October Buffer with income on SPY, paying monthly | SPIN State Street(R) US Equity Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | Innovator | State Street |
| Strategy | buffer with income | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.2% | 2.7% |
| Expense ratio | 0.79% | 0.25% |
| Cash paid, 1 year | 5.2% | 5.2% |
| Price change, 1 year | +0.1% | +5.8% |
| Total return, 1 year | +5.4% | +11.3% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −11.2 pts | −5.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1082 days | 743 days |
| Net assets | $11m | $48m |
LOCT in plain words
Over the year to Sep 18, 2026, LOCT paid 5.2% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +5.4%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 11.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.2%, paid monthly.
SPIN in plain words
Over the year to Sep 18, 2026, SPIN paid 5.2% of its starting value in cash distributions while its price rose 5.8%. With every distribution reinvested, the fund returned +11.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 5.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 2.7%, paid monthly.
Questions people ask
- Which paid more, LOCT or SPIN?
- Over the year to Sep 18, 2026, LOCT paid 5.2% of its starting price in cash and SPIN paid 5.2%, so SPIN paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, LOCT or SPIN?
- With every distribution reinvested, LOCT returned +5.4% and SPIN returned +11.3% over the year to Sep 18, 2026, so SPIN returned more.
- Which is cheaper, LOCT or SPIN?
- LOCT charges 0.79% a year and SPIN charges 0.25%, so SPIN 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.
Cite this page. ETFIQ, LOCT against SPIN, data as of Sep 18, 2026. https://etfiq.com/compare/income/loct-vs-spin Free to use with attribution; the underlying files are at Open data.