Which paid more, SPUT or XISE?

Over the year to Nov 4, 2026, SPUT paid 4.8% of its starting price in cash and XISE paid 6.1%, so XISE paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, SPUT or XISE?

With every distribution reinvested, SPUT returned +10.7% and XISE +7.0% over the year to Nov 4, 2026.

Which is cheaper, SPUT or XISE?

SPUT charges 0.79% a year and XISE charges 0.85%, so SPUT is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

SPUT vs XISE: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, XISE paid 6.1% of its price in cash against SPUT’s 4.8%, though SPUT returned more with it reinvested.

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Net assets: $17m on Nov 4, 2026 for Innovator Equity Premium Income - Daily PutWrite ETF, and $33m on Nov 3, 2026 for FT Vest U.S. Equity Buffer & Premium Income ETF - September.

SPUT on its own →XISE on its own →

At a glance

4.8%

SPUT cash paid, 1 year

6.1%

XISE cash paid, 1 year

+10.7%

SPUT total return, 1 year

+7.0%

XISE total return, 1 year

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.

XISE · 1 year to Nov 4, 2026 7.8 pts behind VOO

XISE

+7.0%

VOO

+14.8%

7.8 pts behind VOO

XISE over 1 year: paid 6.1%, price +0.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.

VOO

+14.8%

XISE

+7.0%

6.1% of it arrived as cash

7.8 pts behind VOO

Total return, distributions reinvested

7.8 pts behind VOO

XISE over 1 year: paid 6.1%, price +0.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.

VOO

+14.8%

XISE

+7.0%

7.8 pts behind VOO

6.1% of it arrived as cash. Both charts share one scale, 0 to +14.8%. XISE over 1 year: paid 6.1%, price +0.7%, total +7.0%, VOO +14.8%, −7.8 pts. Data to Nov 4, 2026.

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

Pair scorecard

SPUT costs 0.06 points a year less; their one-year returns differ by 3.7 points; XISE is 1.9 times larger.

Points (pts) are percentage points.

SPUT vs XISE: Dividend Yield & Total Return
Measure	SPUT	XISE
Paid and earned
Measure	SPUT	XISE
Total return, 1 year	+10.7%	+7.0%
Price change, 1 year	rose 5.7%	rose 0.7%
Return of capital, issuer estimate	58% of the Nov 2, 2026 payment	0% of the Nov 3, 2026 payment
Against its benchmark
Measure	SPUT	XISE
Benchmark	S&P 500, measured through SPY	Vanguard S&P 500 ETF, measured through VOO
Cost and size
Measure	SPUT	XISE
Expense ratio	0.79%	0.85%
Net assets, as of Nov 3, 2026	$17m	$33m
Holdings
Measure	SPUT	XISE
Holdings in common	0%

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

IQ Income Score88.9SPUT67.4XISE

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

SPUT 88.9

XISE 67.4

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

By the books each fund has filed, SPUT and XISE hold 0% 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

0% in common

Positions both hold · largest shared weight first SPUT XISE

Only in one fund ↓

Only in SPUT

NVIDIA Corp 3.71%

Apple Inc 3.50%

Microsoft Corp 2.70%

Amazon.com Inc 2.06%

Alphabet Inc 1.64%

Broadcom Inc 1.43%

Alphabet Inc 1.43%

Meta Platforms Inc 0.97%

Only in XISE

2027-09-17 State Street® SPDR® S&P 500® ETF Trust C 0.08 98.27%

2027-09-17 State Street® SPDR® S&P 500® ETF Trust P 761.61 5.23%

2027-09-17 State Street® SPDR® S&P 500® ETF Trust P 685.44 -2.83%

2027-09-17 State Street® SPDR® S&P 500® ETF Trust C 761.61 -7.76%

Check overlap with more funds →

Side by side

SPUT Innovator Equity Premium Income - Daily PutWrite ETF · Sells puts on the S&P 500, paying monthly XISE FT Vest U.S. Equity Buffer & Premium Income ETF - September · Buffer with income on VOO, paying monthly

Issuer Innovator First Trust

Strategy put-selling overlay buffer with income

Benchmark S&P 500 (SPY) Vanguard S&P 500 ETF (VOO)

Pays monthly monthly

Payout rate, annualized 3.6% 6.8%

Expense ratio 0.79% 0.85%

Cash paid, 1 year 4.8% 6.1%

Price change, 1 year +5.7% +0.7%

Total return, 1 year +10.7% +7.0%

Benchmark return, 1 year +14.8% +14.8%

Ahead or behind −4.1 pts −7.8 pts

Return of capital, latest estimate 58% 0%

Age 1.6 years 3.1 years

Net assets, SPUT as of Nov 4, 2026 and XISE as of Nov 3, 2026 $17m $33m

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 XISE: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	SPUT	XISE	SPUT	XISE	SPUT	XISE
3 months	+0.9%	+1.4%	1.0%	1.6%	+1.0 pts	+1.6 pts
6 months	+3.4%	+2.9%	1.9%	3.1%	−1.6 pts	−2.1 pts
1 year	+10.7%	+7.0%	4.8%	6.1%	−4.0 pts	−7.8 pts
3 years	–	+21.3%	–	19.1%	–	−62.0 pts
Since launchNot the same days: SPUT Mar 2025 · XISE Sep 2023	+23.3%	+22.3%	9.1%	19.7%	−15.6 pts	−57.3 pts

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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.

XISE

Over the year to Nov 4, 2026, XISE paid 6.1% of its starting value in cash distributions while its price rose 0.7%. With every distribution reinvested, the fund returned +7.0%. Vanguard S&P 500 ETF (VOO) returned +14.8% over the same days, so a holder was behind by 7.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.8%, paid monthly. First Trust estimates that 0% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, SPUT or XISE?: Over the year to Nov 4, 2026, SPUT paid 4.8% of its starting price in cash and XISE paid 6.1%, so XISE paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, SPUT or XISE?: With every distribution reinvested, SPUT returned +10.7% and XISE +7.0% over the year to Nov 4, 2026.
Which is cheaper, SPUT or XISE?: SPUT charges 0.79% a year and XISE charges 0.85%, so SPUT is cheaper. Fees come from each fund's prospectus.

Other comparisons

SPUT vs XIMR SPUT vs LOCT SPUT vs LAPR SPUT vs OVLH XISE vs JULH XISE vs DRKY XISE vs JANJ XISE vs JANH

Where to next

S&P 500 (SPY) →Vanguard S&P 500 ETF (VOO) →SPUT on its own →XISE on its own →SPUT dividend history →SPUT holdings →XISE dividend history →XISE holdings →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 ↗

XISE filings on SEC EDGAR ↗

XISE prospectus with the expense ratio (SEC) ↗

XISE 19a-1 distribution notice ↗

First Trust page for XISE ↗

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

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