Which paid more, SPIN or SPUT?

Over the year to Nov 4, 2026, SPIN paid 5.1% of its starting price in cash and SPUT paid 4.8%, 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, SPIN or SPUT?

With every distribution reinvested, SPIN returned +9.3% and SPUT +10.7% over the year to Nov 4, 2026.

Which is cheaper, SPIN or SPUT?

SPIN charges 0.25% a year and SPUT charges 0.79%, so SPIN is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

SPIN vs SPUT: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, SPIN paid 5.1% of its price in cash against SPUT’s 4.8%, though SPUT returned more with it reinvested.

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Net assets: $45m on Nov 3, 2026 for State Street US Equity Premium Income ETF, and $17m on Nov 4, 2026 for Innovator Equity Premium Income - Daily PutWrite ETF.

SPIN on its own →SPUT on its own →

At a glance

5.1%

SPIN cash paid, 1 year

4.8%

SPUT cash paid, 1 year

+9.3%

SPIN total return, 1 year

+10.7%

SPUT total return, 1 year

SPIN · 1 year to Nov 4, 2026 5.5 pts behind SPY

SPIN

+9.3%

SPY

+14.8%

5.5 pts behind SPY

SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPIN

+9.3%

5.1% of it arrived as cash

5.5 pts behind SPY

Total return, distributions reinvested

5.5 pts behind SPY

SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 pts. Data to Nov 4, 2026.

SPY

+14.8%

SPIN

+9.3%

5.5 pts behind SPY

5.1% of it arrived as cash. Total return, distributions reinvested. SPIN over 1 year: paid 5.1%, price +3.9%, total +9.3%, SPY +14.8%, −5.5 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

SPIN costs 0.54 points a year less; their one-year returns differ by 1.4 points; SPIN is 2.6 times larger.

Points (pts) are percentage points.

SPIN vs SPUT: Dividend Yield & Total Return
Measure	SPIN	SPUT
Paid and earned
Measure	SPIN	SPUT
Total return, 1 year	+9.3%	+10.7%
Price change, 1 year	rose 3.9%	rose 5.7%
Return of capital, issuer estimate	97% of the Nov 5, 2026 payment	58% of the Nov 2, 2026 payment
Against its benchmark
Measure	SPIN	SPUT
Benchmark	S&P 500, measured through SPY	S&P 500, measured through SPY
Cost and size
Measure	SPIN	SPUT
Expense ratio	0.25%	0.79%
Net assets, as of Nov 3, 2026	$45m	$17m
Holdings
Measure	SPIN	SPUT
Holdings in common	31%

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

IQ Income Score84.1SPIN88.9SPUT

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

SPIN 84.1

SPUT 88.9

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

31%

By the books each fund has filed, SPIN and SPUT hold 31% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

31% in common

Positions both hold · largest shared weight first SPIN SPUT

NVIDIA CORP 9.22% 3.71%

APPLE INC 6.03% 3.50%

MICROSOFT CORP 7.47% 2.70%

AMAZON.COM INC 4.87% 2.06%

ALPHABET INC CL A 4.59% 1.64%

BROADCOM INC 3.37% 1.43%

META PLATFORMS INC CLASS A 2.93% 0.97%

ELI LILLY + CO 2.50% 0.77%

JPMORGAN CHASE + CO 2.13% 0.75%

MICRON TECHNOLOGY INC 2.50% 0.74%

ALPHABET INC CL C 0.68% 1.43%

ADVANCED MICRO DEVICES 1.94% 0.61%

Only in one fund ↓

Only in SPIN

ASTRAZENECA PLC 1.05%

GOLDMAN SACHS GROUP INC 0.74%

TETRA TECH INC 0.28%

API GROUP CORP 0.23%

REPLIGEN CORP 0.20%

S+P 500 INDEX NOV26 8050 CALL -0.00%

S+P 500 INDEX NOV26 7950 CALL -0.00%

S+P 500 INDEX NOV26 7985 CALL -0.01%

Only in SPUT

Cisco Systems Inc 0.36%

AbbVie Inc 0.35%

Intel Corp 0.32%

Caterpillar Inc 0.30%

General Electric Co 0.30%

UnitedHealth Group Inc 0.30%

Chevron Corp 0.29%

Coca-Cola Co 0.27%

Check overlap with more funds →

Side by side

SPIN State Street US Equity Premium Income ETF · Covered call on SPY, paying monthly SPUT Innovator Equity Premium Income - Daily PutWrite ETF · Sells puts on the S&P 500, paying monthly

Issuer State Street Innovator

Strategy covered call put-selling overlay

Benchmark S&P 500 (SPY) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 5.5% 3.6%

Expense ratio 0.25% 0.79%

Cash paid, 1 year 5.1% 4.8%

Price change, 1 year +3.9% +5.7%

Total return, 1 year +9.3% +10.7%

Benchmark return, 1 year +14.8% +14.8%

Ahead or behind −5.5 pts −4.1 pts

Return of capital, latest estimate 97% 58%

Age 2.2 years 1.6 years

Net assets, SPIN as of Nov 3, 2026 and SPUT as of Nov 4, 2026 $45m $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: SPIN vs SPUT: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	SPIN	SPUT	SPIN	SPUT	SPIN	SPUT
3 months	+0.8%	+0.9%	0.9%	1.0%	+0.9 pts	+1.0 pts
6 months	+6.0%	+3.4%	1.9%	1.9%	+1.0 pts	−1.6 pts
1 year	+9.3%	+10.7%	5.1%	4.8%	−5.5 pts	−4.0 pts
Since launchNot the same days: SPIN Sep 2024 · SPUT Mar 2025	+30.3%	+23.3%	16.0%	9.1%	−12.9 pts	−15.6 pts

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Alert

About each fund

SPIN

Over the year to Nov 4, 2026, SPIN paid 5.1% of its starting value in cash distributions while its price rose 3.9%. With every distribution reinvested, the fund returned +9.3%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 5.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.5%, paid monthly. State Street estimates that 97% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

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).

Questions people ask

Which paid more, SPIN or SPUT?: Over the year to Nov 4, 2026, SPIN paid 5.1% of its starting price in cash and SPUT paid 4.8%, 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, SPIN or SPUT?: With every distribution reinvested, SPIN returned +9.3% and SPUT +10.7% over the year to Nov 4, 2026.
Which is cheaper, SPIN or SPUT?: SPIN charges 0.25% a year and SPUT charges 0.79%, so SPIN is cheaper. Fees come from each fund's prospectus.

Other comparisons

SPIN vs JULH SPIN vs DRKY SPIN vs JANJ SPIN vs JULJ SPUT vs ACKY SPUT vs ACSP SPUT vs BIGY SPUT vs APRJ

Where to next

S&P 500 (SPY) →SPIN on its own →SPUT on its own →SPIN dividend history →SPIN holdings →SPUT dividend history →SPUT holdings →Method →Standards and sources →

Sources and dates

SPIN filings on SEC EDGAR ↗

SPIN prospectus with the expense ratio (SEC) ↗

SPIN 19a-1 distribution notice ↗

State Street 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, SPIN against SPUT, data as of Nov 4, 2026. https://etfiq.com/compare/income/spin-vs-sput

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