Data as of Nov 12, 2026.
MPIM vs SPUT: 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 | MPIM | SPUT |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +6.2% |
| Price change | fell 12.8% (since Aug 12, 2026) | rose 1.3% (1 year) |
| Return of capital, issuer estimate | 58% of the Nov 2, 2026 payment | |
| Against its benchmark | ||
| Benchmark | not published | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 0.70% | 0.79% |
| Net assets | not read by ETFIQ | $17m |
| Holdings | ||
| Holdings in common | not published | |
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. Total return, distributions reinvested. 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, 2026.5.8 pts behind SPY
SPUT over 1 year: paid 4.8%, price +1.3%, total +6.2%, SPY +12.0%, −5.8 pts. Data to Nov 12, 2026.
SPY
+12.0%
SPUT
+6.2%
4.8% as cash
5.8 pts behind SPY
Total return, distributions reinvested
5.8 pts behind SPY
SPUT over 1 year: paid 4.8%, price +1.3%, total +6.2%, SPY +12.0%, −5.8 pts. Data to Nov 12, 2026.
SPY
+12.0%
SPUT
+6.2%
5.8 pts behind SPY
4.8% of it arrived as cash. Both charts share one scale, with zero at the line. SPUT over 1 year: paid 4.8%, price +1.3%, total +6.2%, SPY +12.0%, −5.8 pts. 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 | MPIM | SPUT | MPIM | SPUT | MPIM | SPUT |
| 3 months | −10.6% | −3.1% | 3.0% | 1.0% | not measured | −0.6 pts |
| 6 months | – | −1.0% | – | 1.9% | – | −2.7 pts |
| 1 year | – | +6.2% | – | 4.8% | – | −5.8 pts |
| Since launchNot the same days: MPIM Aug 2026 · SPUT Mar 2025 | −10.0% | +19.2% | 3.0% | 9.1% | not measured | −18.0 pts |
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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.
SPUT
Over the year to Nov 12, 2026, SPUT paid 4.8% of its starting value in cash distributions while its price rose 1.3%. With every distribution reinvested, the fund returned +6.2%. S&P 500 (SPY) returned +12.0% over the same days, so a holder was behind by 5.8 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 3.8%, paid monthly. Innovator estimates that 58% 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.
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, MPIM against SPUT, data as of Nov 12, 2026. https://etfiq.com/compare/income/mpim-vs-sput
ETFIQ. (Nov 12, 2026). MPIM against SPUT. Retrieved from https://etfiq.com/compare/income/mpim-vs-sput
[MPIM against SPUT (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/income/mpim-vs-sput)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.
MPIM and SPUT both write options for income.
MPIM and SPUT
Total return, distributions reinvested, 3 months.
MPIM −10.6%, SPUT −3.1%: SPUT +7.5 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.