Innovator Equity Premium Income Daily PutWrite ETF (SPUT) Alternatives
Innovator Equity Premium Income Daily PutWrite ETF (SPUT) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPUT. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to SPUT
SPUT charges 0.79% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among SPUT alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | SPUT vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | SPUT vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | SPUT vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | SPUT vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | SPUT vs PBP |
Best Risk-Adjusted Alternatives to SPUT
Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 97 | Jul 27, 2023 | SPUT vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | SPUT vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | SPUT vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | SPUT vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | SPUT vs USOY |
Top Performing SPUT Alternatives (YTD)
SPUT alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 60.22% | May 9, 2024 | SPUT vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | SPUT vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | SPUT vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | SPUT vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | SPUT vs COSW |
Lowest Volatility Alternatives to SPUT
SPUT alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | SPUT vs IPDP | |
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | SPUT vs QYLE | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | SPUT vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | SPUT vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | SPUT vs QRMI |
Lowest Drawdown Alternatives to SPUT
SPUT alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | SPUT vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | SPUT vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | SPUT vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | SPUT vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | SPUT vs TCAL |
Other ETFs from Innovator
Most popular Innovator ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 86 | -0.13% | Jun 30, 2021 | SPUT vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 41 | -4.02% | Apr 9, 2015 | SPUT vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 77 | -0.90% | Oct 20, 2016 | SPUT vs BUFF | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 80 | -9.90% | Jul 24, 2018 | SPUT vs LOUP | |
| Innovator Equity Managed Floor ETF | Options Trading | 72 | -3.85% | Nov 8, 2022 | SPUT vs SFLR | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 71 | -1.89% | Jan 2, 2019 | SPUT vs PJAN | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 84 | -1.00% | Aug 7, 2018 | SPUT vs PJUL | |
| Innovator U.S. Equity Buffer ETF - April | Defined Outcome | 81 | 2.08% | Mar 29, 2019 | SPUT vs BAPR | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 68 | -1.84% | Sep 28, 2018 | SPUT vs POCT | |
| Innovator U.S. Equity Ultra Buffer ETF - August | Defined Outcome | 83 | -1.44% | Jul 31, 2019 | SPUT vs UAUG |
Often Compared With SPUT
What investors most often compare with SPUT, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| WisdomTree Equity Premium Income Fund | Derivative Income | 71 | -1.66% | Feb 24, 2016 | SPUT vs WTPI | |
| JPMorgan Nasdaq Equity Premium Income ETF | Derivative Income | 72 | -2.87% | May 3, 2022 | SPUT vs JEPQ | |
| Cameco Corporation | 95 | 18.71% | — | SPUT vs CCJ | ||
| Schwab U.S. Dividend Equity ETF | Dividend | 52 | 12.79% | Oct 20, 2011 | SPUT vs SCHD | |
| FT Energy Income Partners Enhanced Income ETF | Derivative Income | 72 | 15.17% | Sep 27, 2011 | SPUT vs EIPI | |
| YieldMax Short COIN Option Income Strategy ETF | Derivative Income, Inverse Equities | 4 | 12.38% | Jul 9, 2024 | SPUT vs FIAT | |
| Sprott Junior Uranium Miners ETF | Energy Equities | 87 | 16.23% | Feb 1, 2023 | SPUT vs URNJ |
Compare SPUT with Any Fund or Stock
Compare SPUT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.