SPUT vs SPY
5YInnovator Equity Premium Income – Daily PutWrite ETF · $17MState Street SPDR S&P 500 ETF · $805B
[…]3 years · per year[…] · $18,174+22.0%
[…]5 years · per year[…] · $17,099+11.3%
0.79%Expense ratio$79 · $9 on $10k · lower wins0.09%
4.80%12-mo yield$480 · $103 on $10k1.03%
−5.6%Worst dropSmaller wins−8.9%
9.3%VolatilityLower wins13.6%
3–1SPUT wins
$10,000 · 5 yearsOne scale
Shared top holdingsSPUT · SPY
3.8%AAPL7.7%
3.5%NVDA7.3%
3.1%MSFT6.2%
1.9%AMZN3.9%
Held in common48.5%
End-of-day Nov 5, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two