Which paid more, OCTJ or QXQ?

Over the year to Nov 12, 2026, OCTJ paid 5.3% of its starting price in cash and QXQ paid 15.1%, so QXQ paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, OCTJ or QXQ?

With every distribution reinvested, OCTJ returned +5.2% and QXQ +12.1% over the year to Nov 12, 2026.

Which is cheaper, OCTJ or QXQ?

OCTJ charges 0.79% a year and QXQ charges 0.98%, so OCTJ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 12, 2026.

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OCTJ vs QXQ: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap

+6.9 pts

1 year to Nov 12, 2026: QXQ ahead, total return

Fee gap

0.19 pts

A year: OCTJ 0.79%, QXQ 0.98%, per filings dated Jan 5, 2026 and Oct 1, 2026

Overlap

–

No book read for both funds

Net flow

–

Needs daily flows for both funds

Pair scorecard

OCTJ costs 0.19 points a year less; their one-year returns differ by 6.9 points.

Points (pts) are percentage points.

OCTJ vs QXQ: Dividend Yield & Total Return
Measure	OCTJ	QXQ
Paid and earned
Measure	OCTJ	QXQ
Total return, 1 year	+5.2%	+12.1%
Price change, 1 year	fell 0.2%	fell 4.7%
Return of capital, issuer estimate	36% of the Oct 2, 2026 payment
Against its benchmark
Measure	OCTJ	QXQ
Benchmark	S&P 500, measured through SPY	Nasdaq-100, measured through QQQ
Cost and size
Measure	OCTJ	QXQ
Expense ratio	0.79%	0.98%
Net assets, OCTJ as of Nov 12, 2026 and QXQ as of Aug 31, 2026	$15m	$82m
Holdings
Measure	OCTJ	QXQ
Holdings in common	not published

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

IQ Income Score59.1OCTJ52QXQ

How much of its payouts the fund's total return covered, ranked against 171 income ETFs not writing on a single company. 100 is best. How it is computed

OCTJ 59.1

QXQ 52

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

Key numbers

5.3%

OCTJ cash paid, 1 year

15.1%

QXQ cash paid, 1 year

+5.2%

OCTJ total return, 1 year

+12.1%

QXQ total return, 1 year

OCTJ · 1 year to Nov 12, 2026 6.8 pts behind SPY

OCTJ

+5.2%

SPY

+12.0%

6.8 pts behind SPY

OCTJ over 1 year: paid 5.3%, price −0.2%, total +5.2%, SPY +12.0%, −6.8 pts. Data to Nov 12, 2026.

SPY

+12.0%

OCTJ

+5.2%

5.3% of it arrived as cash

6.8 pts behind SPY

Total return, distributions reinvested

6.8 pts behind SPY

OCTJ over 1 year: paid 5.3%, price −0.2%, total +5.2%, SPY +12.0%, −6.8 pts. Data to Nov 12, 2026.

SPY

+12.0%

OCTJ

+5.2%

6.8 pts behind SPY

5.3% of it arrived as cash. Total return, distributions reinvested. OCTJ over 1 year: paid 5.3%, price −0.2%, total +5.2%, SPY +12.0%, −6.8 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

QXQ · 1 year to Nov 12, 2026 0.8 pts ahead of QQQ

QXQ

+12.1%

QQQ

+11.3%

0.8 pts ahead of QQQ

QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QXQ

+12.1%

15.1% of it arrived as cash

0.8 pts ahead of QQQ

Total return, distributions reinvested

0.8 pts ahead of QQQ

QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QXQ

+12.1%

15.1% as cash

0.8 pts ahead of QQQ

15.1% of it arrived as cash. Both charts share one scale, with zero at the line. QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

OCTJ Innovator Premium Income 30 Barrier ETF - October · Defined income on SPY, paying quarterly QXQ SGI Enhanced Nasdaq-100 ETF · Covered call on QQQ, paying quarterly

Issuer Innovator SGI

Strategy defined income covered call

Benchmark S&P 500 (SPY) Nasdaq-100 (QQQ)

Pays quarterly quarterly

Payout rate, annualized 5.3% 1.0%

Expense ratio 0.79% 0.98%

Cash paid, 1 year 5.3% 15.1%

Price change, 1 year −0.2% −4.7%

Total return, 1 year +5.2% +12.1%

Benchmark return, 1 year +12.0% +11.3%

Ahead or behind −6.8 pts +0.8 pts

Return of capital, latest estimate 36% not published

Age 3.1 years 2.4 years

Net assets, OCTJ as of Nov 12, 2026 and QXQ as of Aug 31, 2026 $15m $82m

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

Window by window: OCTJ vs QXQ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	OCTJ	QXQ	OCTJ	QXQ	OCTJ	QXQ
3 months	+0.7%	−5.4%	1.3%	0.2%	+3.1 pts	+0.5 pts
6 months	+1.8%	−3.8%	2.6%	0.5%	+0.1 pts	+0.4 pts
1 year	+5.2%	+12.1%	5.3%	15.1%	−6.8 pts	+0.8 pts
3 years	+17.5%	–	17.0%	–	−60.8 pts	–
Since launchNot the same days: OCTJ Oct 2023 · QXQ Jun 2024	+19.3%	+47.7%	17.2%	22.8%	−64.4 pts	+2.2 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

OCTJ

Over the year to Nov 12, 2026, OCTJ paid 5.3% of its starting value in cash distributions while its price fell 0.2%. With every distribution reinvested, the fund returned +5.2%. S&P 500 (SPY) returned +12.0% over the same days, so a holder was behind by 6.8 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 5.3%, paid quarterly. Innovator estimates that 36% of the distribution paid Oct 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

QXQ

Over the year to Nov 12, 2026, QXQ paid 15.1% of its starting value in cash distributions while its price fell 4.7%. With every distribution reinvested, the fund returned +12.1%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was ahead by 0.8 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 1.0%, paid quarterly.

Questions people ask

Which paid more, OCTJ or QXQ?: Over the year to Nov 12, 2026, OCTJ paid 5.3% of its starting price in cash and QXQ paid 15.1%, so QXQ paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, OCTJ or QXQ?: With every distribution reinvested, OCTJ returned +5.2% and QXQ +12.1% over the year to Nov 12, 2026.
Which is cheaper, OCTJ or QXQ?: OCTJ charges 0.79% a year and QXQ charges 0.98%, so OCTJ is cheaper. Fees come from each fund's prospectus.

Other comparisons

OCTJ vs QRMI OCTJ vs QQQY OCTJ vs QYLG OCTJ vs TDAQ QXQ vs SEPI QXQ vs OMAH QXQ vs BALI QXQ vs XYLD

Where to next

S&P 500 (SPY) →Nasdaq-100 (QQQ) →OCTJ on its own →QXQ on its own →OCTJ dividend history →QXQ dividend history →Method →Standards and sources →

Sources and dates

OCTJ filings on SEC EDGAR ↗

OCTJ prospectus with the expense ratio (SEC) ↗

OCTJ 19a-1 distribution notice ↗

Innovator page for OCTJ ↗

QXQ filings on SEC EDGAR ↗

QXQ prospectus with the expense ratio (SEC) ↗

SGI website ↗

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.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, OCTJ against QXQ, data as of Nov 12, 2026. https://etfiq.com/compare/income/octj-vs-qxq

Open data →

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

Net assets: $15m on Nov 12, 2026 for Innovator Premium Income 30 Barrier ETF - October, and $82m on Aug 31, 2026 for SGI Enhanced Nasdaq-100 ETF.

OCTJ on its own →QXQ on its own →

Growth of 100

OCTJ and QXQ

Total return, distributions reinvested, 1 year.

OCTJ +5.2%QXQ +12.1%

Nov 12, 2025Nov 12, 2026

OCTJ +5.2%, QXQ +12.1%: QXQ +6.9 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.