Which is cheaper, SPUT or VOOY?

SPUT charges 0.79% a year and VOOY charges 0.75%, so VOOY is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

SPUT vs VOOY: Dividend Yield & Total Return

SPUT and VOOY both write options for income.

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Net assets: $17m on Nov 4, 2026 for Innovator Equity Premium Income - Daily PutWrite ETF, beside XFUNDS Large Cap Income ETF.

SPUT on its own →VOOY on its own →

At a glance

4.8%

SPUT cash paid, 1 year

1.5%

VOOY cash paid, since launch, Sep 2, 2026

+10.7%

SPUT total return, 1 year

+0.3%

VOOY total return, since launch, Sep 2, 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. Total return, distributions reinvested. SPUT over 1 year: paid 4.8%, price +5.7%, total +10.7%, SPY +14.8%, −4.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

VOOY · since launch to Nov 4, 2026 Not measured

VOOY

+0.3%

none

Not measured

VOOY since launch: paid 1.5%, price −1.2%, total +0.3%, not measured against a benchmark. Data to Nov 4, 2026.

VOOY

+0.3%

Total return, distributions reinvested

Not measured

VOOY since launch: paid 1.5%, price −1.2%, total +0.3%, not measured against a benchmark. Data to Nov 4, 2026.

VOOY

+0.3%

1.5% of it arrived as cash. Both charts share one scale, with zero at the line. VOOY since launch: paid 1.5%, price −1.2%, total +0.3%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

VOOY costs 0.04 points a year less.

Points (pts) are percentage points.

SPUT vs VOOY: Dividend Yield & Total Return
Measure	SPUT	VOOY
Paid and earned
Measure	SPUT	VOOY
Total return, 1 year	+10.7%	not published
Price change	rose 5.7% (1 year)	fell 1.2% (since Sep 2, 2026)
Return of capital, issuer estimate	58% of the Nov 2, 2026 payment	26% of the Oct 7, 2026 payment
Against its benchmark
Measure	SPUT	VOOY
Benchmark	S&P 500, measured through SPY	not published
Cost and size
Measure	SPUT	VOOY
Expense ratio	0.79%	0.75%
Net assets	$17m	not read by ETFIQ
Holdings
Measure	SPUT	VOOY
Holdings in common	not published

Method

Side by side

SPUT Innovator Equity Premium Income - Daily PutWrite ETF · Sells puts on the S&P 500, paying monthly VOOY XFUNDS Large Cap Income ETF · Option income

Issuer Innovator XFUNDS

Strategy put-selling overlay option income

Benchmark S&P 500 (SPY) none

Pays monthly not established

Payout rate, annualized 3.6% 9.1%

Expense ratio 0.79% 0.75%

Cash paid, 1 year 4.8% 1.5% (since launch, Sep 2, 2026)

Price change, 1 year +5.7% −1.2% (since launch, Sep 2, 2026)

Total return, 1 year +10.7% +0.3% (since launch, Sep 2, 2026)

Benchmark return, 1 year +14.8% not published

Ahead or behind −4.1 pts not available

Return of capital, latest estimate 58% 26%

Age 1.6 years 63 days

Net assets $17m not read by ETFIQ

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: SPUT vs VOOY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	SPUT	VOOY	SPUT	VOOY	SPUT	VOOY
3 months	+0.9%	–	1.0%	–	+1.0 pts	–
6 months	+3.4%	–	1.9%	–	−1.6 pts	–
1 year	+10.7%	–	4.8%	–	−4.0 pts	–
Since launchNot the same days: SPUT Mar 2025 · VOOY Sep 2026	+23.3%	+0.3%	9.1%	1.5%	−15.6 pts	not measured

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Alert

About each fund

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.

VOOY

Over the period from its first trade on Sep 2, 2026 to Nov 4, 2026, VOOY paid 1.5% of its starting value in cash distributions while its price fell 1.2%. With every distribution reinvested, the fund returned +0.3%. At its price on Nov 4, 2026 the latest distribution annualizes to 9.1%, paid periodically. XFUNDS estimates that 26% of the distribution paid Oct 7, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which is cheaper, SPUT or VOOY?: SPUT charges 0.79% a year and VOOY charges 0.75%, so VOOY is cheaper. Fees come from each fund's prospectus.

Other comparisons

SPUT vs FEPI SPUT vs FGSI SPUT vs KNG SPUT vs PCOV VOOY vs ISPY VOOY vs BALI VOOY vs FTHI VOOY vs GPIX

Where to next

S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →SPUT on its own →VOOY on its own →SPUT dividend history →SPUT holdings →VOOY dividend history →Method →Standards and sources →

Sources and dates

SPUT filings on SEC EDGAR ↗

SPUT prospectus with the expense ratio (SEC) ↗

SPUT 19a-1 distribution notice ↗

Innovator page for SPUT ↗

VOOY filings on SEC EDGAR ↗

VOOY prospectus with the expense ratio (SEC) ↗

VOOY 19a-1 distribution notice ↗

XFUNDS page for VOOY ↗

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

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