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Data as of Nov 4, 2026.

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Income ETFs

SCLZ vs SPUT: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, SCLZ paid 8.5% of its price in cash against SPUT’s 4.8% and the two finished level on total return.

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Net assets: $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF, and $17m on Nov 4, 2026 for Innovator Equity Premium Income - Daily PutWrite ETF.

SCLZ on its own →SPUT on its own →
At a glance
8.5%
SCLZ cash paid, 1 year
4.8%
SPUT cash paid, 1 year
+10.6%
SCLZ total return, 1 year
+10.7%
SPUT total return, 1 year
SCLZ · 1 year to Nov 4, 2026 4.2 pts behind SPY
SCLZ
+10.6%
SPY
+14.8%

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% of it arrived as cash

4.2 pts behind SPY

Total return, distributions reinvested

4.2 pts behind SPY

SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

SPY

+14.8%

SCLZ

+10.6%

8.5% cash

4.2 pts behind SPY

8.5% of it arrived as cash. Total return, distributions reinvested. SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.
SPUT · 1 year to Nov 4, 2026 4.1 pts behind SPY
SPUT
+10.7%
SPY
+14.8%

4.1 pts behind SPY

SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPUT

+10.7%

4.8% of it arrived as cash

4.1 pts behind SPY

Total return, distributions reinvested

4.1 pts behind SPY

SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPUT

+10.7%

4.1 pts behind SPY

4.8% of it arrived as cash. Both charts share one scale, 0 to +14.8%. SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.

Pair scorecard

Both cost 0.79% a year; their one-year returns differ by 0.1 points.

Points (pts) are percentage points.

SCLZ vs SPUT: Dividend Yield & Total Return
MeasureSCLZSPUT
Paid and earned
Total return, 1 year+10.6%+10.7%
Price change, 1 yearrose 1.6%rose 5.7%
Return of capital, issuer estimate58% of the Nov 2, 2026 payment
Against its benchmark
BenchmarkS&P 500, measured through SPYS&P 500, measured through SPY
Cost and size
Expense ratio0.79%0.79%
Net assets, SCLZ as of Jun 30, 2026 and SPUT as of Nov 4, 2026$20m$17m
Holdings
Holdings in common28%
ETFIQ Distribution Coverage Score · SPUT scores higher How much of what it paid out did its total return cover?
IQ Income Score71.6SCLZ88.9SPUT

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

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

What they share

28%

By the books each fund has filed, SCLZ and SPUT hold 28% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

0 half 100%

half

28% in common

Positions both hold · largest shared weight first SCLZ SPUT
NVIDIA CORP 6.03% 3.71%
APPLE INC 6.20% 3.50%
MICROSOFT CORP 3.74% 2.70%
AMAZON.COM INC 3.77% 2.06%
ALPHABET INC 5.22% 1.64%
BROADCOM INC 4.74% 1.43%
META PLATFORMS INC 3.36% 0.97%
TESLA INC 1.81% 0.82%
ELI LILLY & COMPANY 3.88% 0.77%
JP MORGAN CHASE & COMPANY 3.53% 0.75%
MICRON TECHNOLOGY INC 7.95% 0.74%
ADVANCED MICRO DEVICES INC 5.18% 0.61%
Only in one fund ↓
Only in SCLZ
EXXON MOBIL CORP 1.94%
SOLSTICE ADVANCED MATERIALS INC 0.04%
Only in SPUT
Alphabet Inc 1.43%
ExxonMobil Holdings Corp 0.51%
Applied Materials Inc 0.32%
Intel Corp 0.32%
Bank of America Corp 0.31%
UnitedHealth Group Inc 0.30%
Lam Research Corp 0.29%
Procter & Gamble Co 0.27%
Check overlap with more funds →

Side by side

SCLZ Swan Enhanced Dividend Income ETF · Dividend stocks with call overlay on SPY, paying monthly SPUT Innovator Equity Premium Income - Daily PutWrite ETF · Sells puts on the S&P 500, paying monthly
Issuer Swan Innovator
Strategy dividend stocks with call overlay put-selling overlay
Benchmark S&P 500 (SPY) S&P 500 (SPY)
Pays monthly monthly
Payout rate, annualized 8.7% 3.6%
Expense ratio 0.79% 0.79%
Cash paid, 1 year 8.5% 4.8%
Price change, 1 year +1.6% +5.7%
Total return, 1 year +10.6% +10.7%
Benchmark return, 1 year +14.8% +14.8%
Ahead or behind −4.2 pts −4.1 pts
Return of capital, latest estimate not published 58%
Age 2.7 years 1.6 years
Net assets, SCLZ as of Jun 30, 2026 and SPUT as of Nov 4, 2026 $20m $17m

As of Nov 4, 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: SCLZ vs SPUT: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowSCLZSPUTSCLZSPUTSCLZSPUT
3 months0.0%+0.9%2.1%1.0%+0.2 pts+1.0 pts
6 months+4.4%+3.4%4.3%1.9%−0.6 pts−1.6 pts
1 year+10.6%+10.7%8.5%4.8%−4.2 pts−4.0 pts
Since launchNot the same days: SCLZ Feb 2024 · SPUT Mar 2025+35.4%+23.3%21.2%9.1%−20.8 pts−15.6 pts

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About each fund
SCLZ

Over the year to Nov 4, 2026, SCLZ paid 8.5% of its starting value in cash distributions while its price rose 1.6%. With every distribution reinvested, the fund returned +10.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.7%, paid monthly.

SPUT

Over the year to Nov 4, 2026, SPUT paid 4.8% of its starting value in cash distributions while its price rose 5.7%. With every distribution reinvested, the fund returned +10.7%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 3.6%, 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

Which paid more, SCLZ or SPUT?
Over the year to Nov 4, 2026, SCLZ paid 8.5% of its starting price in cash and SPUT paid 4.8%, so SCLZ paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, SCLZ or SPUT?
With every distribution reinvested, SCLZ returned +10.6% and SPUT +10.7% over the year to Nov 4, 2026.
Which is cheaper, SCLZ or SPUT?
SCLZ and SPUT both charge 0.79% a year, so neither is cheaper. Fees come from each fund's prospectus.
Other comparisons
SCLZ vs JULHSCLZ vs OCTHSCLZ vs DRKYSCLZ vs JANJSPUT vs JANHSPUT vs ACKYSPUT vs ACSPSPUT vs TPRY
Where to next
S&P 500 (SPY) →SCLZ on its own →SPUT on its own →SCLZ dividend history →SCLZ holdings →SPUT dividend history →SPUT holdings →Method →Standards and sources →
Sources and dates
SCLZ filings on SEC EDGAR ↗
SCLZ prospectus with the expense ratio (SEC) ↗
Swan website ↗
SPUT filings on SEC EDGAR ↗
SPUT prospectus with the expense ratio (SEC) ↗
SPUT 19a-1 distribution notice ↗
Innovator page for SPUT ↗

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.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, SCLZ against SPUT, data as of Nov 4, 2026. https://etfiq.com/compare/income/sclz-vs-sput

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