Data as of .
LOCT vs TSPY: which paid, and which earned it?
Over the year TSPY paid 14.1% of its price in cash against LOCT’s 5.2%, and returned more with it reinvested.
ETFIQ Return Stability Score: TSPY 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 TSPY hold 0% of their money in the same securities at the same weight.
| Only in LOCT | Only in TSPY |
|---|---|
| TREASURY BILL 98.30% | Vanguard S&P 500 ETF 100.00% |
| TREASURY BILL 0.43% | |
| TREASURY BILL 0.43% | |
| TREASURY BILL 0.42% | |
| TREASURY BILL 0.42% |
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 Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| LOCT | TSPY | LOCT | TSPY | LOCT | TSPY | |
| 3 months | +1.0% | +2.3% | 1.3% | 3.5% | −1.2 pts | 0.0 pts |
| 6 months | +3.9% | +16.4% | 2.6% | 7.6% | −14.1 pts | −1.6 pts |
| 1 year | +5.4% | +15.1% | 5.2% | 14.1% | −11.2 pts | −1.5 pts |
| Since launch | +18.5% | +37.3% | 16.5% | 28.7% | −66.4 pts | −4.0 pts |
| LOCT Innovator Premium Income 15 Buffer ETF - October Buffer with income on SPY, paying monthly | TSPY TappAlpha S&P 500 Growth & Daily Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Innovator | TappAlpha |
| Strategy | buffer with income | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 5.2% | 14.0% |
| Expense ratio | 0.79% | 0.77% |
| Cash paid, 1 year | 5.2% | 14.1% |
| Price change, 1 year | +0.1% | −0.1% |
| Total return, 1 year | +5.4% | +15.1% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −11.2 pts | −1.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1082 days | 764 days |
| Net assets | $11m | $311m |
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.
TSPY in plain words
Over the year to Sep 18, 2026, TSPY paid 14.1% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +15.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.0%, paid monthly.
Questions people ask
- Which paid more, LOCT or TSPY?
- Over the year to Sep 18, 2026, LOCT paid 5.2% of its starting price in cash and TSPY paid 14.1%, so TSPY 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 TSPY?
- With every distribution reinvested, LOCT returned +5.4% and TSPY returned +15.1% over the year to Sep 18, 2026, so TSPY returned more.
- Which is cheaper, LOCT or TSPY?
- LOCT charges 0.79% a year and TSPY charges 0.77%, so TSPY 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 TSPY, data as of Sep 18, 2026. https://etfiq.com/compare/income/loct-vs-tspy Free to use with attribution; the underlying files are at Open data.