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Data as of .

SPUT vs XISE: which paid, and which earned it?

Over the year XISE paid 6.5% of its price in cash against SPUT’s 5.2%, though SPUT returned more with it reinvested.

Innovator Equity Premium Income - Daily PutWrite ETF and FT Vest U.S. Equity Buffer & Premium Income ETF - September.

5.2%SPUT cash paid, 1 year
6.5%XISE cash paid, 1 year
+11.5%SPUT total return, 1 year
+6.1%XISE total return, 1 year

ETFIQ Return Stability Score: SPUT scores higher

Was the payout funded by returns, or by your own capital?

SPUT 63XISE 40.23.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

SPUT5.1 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%SPUT+11.5%5.2% of it arrived as cash5.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%SPUT+11.5%5.1 pts behind SPY
XISE10.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%XISE+6.1%6.5% of it arrived as cash10.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%XISE+6.1%10.5 pts behind SPY

What they hold in common

By the books each fund has filed, SPUT and XISE hold 0% of their money in the same securities at the same weight.

Only in each
Only in SPUTOnly in XISE
TREASURY BILL 49.24%2027-09-17 State Street® SPDR® S&P 500® ETF Trust C 0.08 98.96%
NVIDIA Corp 3.85%2027-09-17 State Street® SPDR® S&P 500® ETF Trust P 761.61 5.02%
Apple Inc 3.22%US Dollar 1.19%
Microsoft Corp 2.47%U.S. Treasury Bill, 0%, due 01/28/2027 0.55%
Amazon.com Inc 2.09%U.S. Treasury Bill, 0%, due 02/25/2027 0.55%
Alphabet Inc 1.84%U.S. Treasury Bill, 0%, due 10/29/2026 0.55%
Broadcom Inc 1.60%U.S. Treasury Bill, 0%, due 12/01/2026 0.55%
Alphabet Inc 1.59%U.S. Treasury Bill, 0%, due 12/31/2026 0.55%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 18, 2026.

Performance, window by window

SPUT and XISE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
SPUTXISESPUTXISESPUTXISE
3 months+2.4%+1.2%1.1%2.0%+0.1 pts−1.1 pts
6 months+11.5%+4.9%2.5%3.6%−6.5 pts−13.2 pts
1 year+11.5%+6.1%5.2%6.5%−5.1 pts−10.5 pts
3 yearsnot published+20.9%not published19.1%not published−57.5 pts
Since launch+22.4%+21.1%8.5%19.2%−15.6 pts−57.0 pts
Open the live comparison on ETFIQ
SPUT and XISE on the same fields, as of Sep 18, 2026. Source: ETFIQ.
SPUT
Innovator Equity Premium Income - Daily PutWrite ETF
Covered call on SPY, paying monthly
XISE
FT Vest U.S. Equity Buffer & Premium Income ETF - September
Buffer with income on SPY, paying monthly
IssuerInnovatorFirst Trust
Strategycovered callbuffer with income
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized4.7%6.0%
Expense ratio0.79%0.85%
Cash paid, 1 year5.2%6.5%
Price change, 1 year+6.0%−0.6%
Total return, 1 year+11.5%+6.1%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−5.1 pts−10.5 pts
Return of capital, latest estimatenot publishednot published
Age553 days1096 days
Net assets$17m$32m

SPUT in plain words

Over the year to Sep 18, 2026, SPUT paid 5.2% of its starting value in cash distributions while its price rose 6.0%. With every distribution reinvested, the fund returned +11.5%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 5.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 4.7%, paid monthly.

XISE in plain words

Over the year to Sep 18, 2026, XISE paid 6.5% of its starting value in cash distributions while its price fell 0.6%. With every distribution reinvested, the fund returned +6.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 10.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 6.0%, paid monthly.

Questions people ask

Which paid more, SPUT or XISE?
Over the year to Sep 18, 2026, SPUT paid 5.2% of its starting price in cash and XISE paid 6.5%, 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 +11.5% and XISE returned +6.1% over the year to Sep 18, 2026, so SPUT returned more.
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

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

SPUT against XISE, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SPUT against XISE, data as of Sep 18, 2026. https://etfiq.com/compare/income/sput-vs-xise Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources