SPUT vs. FFTY

Last updated Aug 1, 2026

SPUT (Innovator Equity Premium Income Daily PutWrite ETF) and FFTY (CapForce IBD 50 ETF) are both exchange-traded funds - SPUT is a Derivative Income fund actively managed by Innovator, while FFTY is a Mid Cap Growth Equities fund tracking the IBD 50 Index. SPUT is actively managed, while FFTY is passively managed. Over the past year, SPUT returned 14.10% vs 13.28% for FFTY. Their 0.67 correlation means they have sometimes moved together and sometimes differently. SPUT charges 0.79%/yr vs 0.80%/yr for FFTY.

Performance

SPUT vs. FFTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Premium Income Daily PutWrite ETF (SPUT) and CapForce IBD 50 ETF (FFTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with SPUT having a 6.24% return and FFTY slightly higher at 6.26%.

SPUT

• 1D: 0.50%
• 1M: 0.26%
• 6M: 6.31%
• YTD: 6.24%
• 1Y: 14.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 14.52%

FFTY

• 1D: -0.91%
• 1M: -9.03%
• 6M: 3.47%
• YTD: 6.26%
• 1Y: 13.28%
• 3Y*: 13.48%
• 5Y*: -2.78%
• 10Y*: 5.57%
• ALL TIME*: 4.04%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FFTY CapForce IBD 50 ETF	$863.41K	$1.19M	$1.59M
SPUT Innovator Equity Premium Income Daily PutWrite ETF	$131.17K	$79.02K	$95.99K

SPUT vs. FFTY - Yearly Performance Comparison

	2026 (YTD)	2025
SPUT Innovator Equity Premium Income Daily PutWrite ETF	6.24%	13.49%
FFTY CapForce IBD 50 ETF	6.26%	34.48%

Correlation

The correlation between SPUT and FFTY is 0.68, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.68
Correlation (All Time) Calculated using the full available price history since Mar 14, 2025	0.67

The correlation between SPUT and FFTY has been stable across timeframes, ranging from 0.67 to 0.68 - a consistent structural relationship.

SPUT vs. FFTY - Sectors Allocation Comparison

Sectors	SPUT	FFTY
Technology	38.5%	18.5%
Financial Services	10.8%	20.9%
Communication Services	10.2%	0.9%
Consumer Cyclical	9.8%	3.6%
Healthcare	9.0%	43.7%
Industrials	8.7%	5.7%
Consumer Defensive	4.4%	1.0%
Energy	3.1%	2.6%
Utilities	2.1%	2.1%
Basic Materials	1.8%	3.6%
Real Estate	1.7%	0.5%

Return for Risk

SPUT vs. FFTY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SPUT

SPUT Risk / Return Rank: 76
SPUT Sharpe Ratio Rank: 71
SPUT Sortino Ratio Rank: 67
SPUT Omega Ratio Rank: 75
SPUT Calmar Ratio Rank: 86
SPUT Martin Ratio Rank: 82

FFTY

FFTY Risk / Return Rank: 18
FFTY Sharpe Ratio Rank: 17
FFTY Sortino Ratio Rank: 18
FFTY Omega Ratio Rank: 18
FFTY Calmar Ratio Rank: 18
FFTY Martin Ratio Rank: 18

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SPUT vs. FFTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Premium Income Daily PutWrite ETF (SPUT) and CapForce IBD 50 ETF (FFTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SPUT	FFTY	Difference
Sharpe ratio: Return per unit of total volatility	1.61	0.26	+1.35
Sortino ratio: Return per unit of downside risk	2.21	0.59	+1.62
Omega ratio: Gain probability vs. loss probability	1.31	1.07	+0.24
Calmar ratio: Return relative to maximum drawdown	3.39	0.41	+2.98
Martin ratio: Return relative to average drawdown	11.10	1.00	+10.10

SPUT vs. FFTY - Sharpe Ratio Comparison

The current SPUT Sharpe Ratio is 1.61, which is higher than the FFTY Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of SPUT and FFTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SPUT vs. FFTY - Drawdown Comparison

The maximum SPUT drawdown since its inception was -10.55%, smaller than the maximum FFTY drawdown of -59.46%. Use the drawdown chart below to compare losses from any high point for SPUT and FFTY.

Drawdown Indicators

	SPUT	FFTY	Difference
Max Drawdown Largest peak-to-trough decline	-10.55%	-59.46%	+48.91%
Max Drawdown (1Y) Largest decline over 1 year	-3.81%	-23.29%	+19.48%
Max Drawdown (3Y) Largest decline over 3 years	—	-29.60%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-59.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-59.46%	—
Current Drawdown Current decline from peak	-1.29%	-25.10%	+23.81%
Average Drawdown Average peak-to-trough decline	-1.00%	-22.32%	+21.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.17%	9.51%	-8.34%

Volatility

SPUT vs. FFTY - Volatility Comparison

The current volatility for Innovator Equity Premium Income Daily PutWrite ETF (SPUT) is 2.32%, while CapForce IBD 50 ETF (FFTY) has a volatility of 8.45%. This indicates that SPUT experiences smaller price fluctuations and is considered to be less risky than FFTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPUT	FFTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.32%	8.45%	-6.13%
Volatility (6M) Calculated over the trailing 6-month period	6.20%	29.16%	-22.96%
Volatility (1Y) Calculated over the trailing 1-year period	8.01%	36.53%	-28.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.09%	29.75%	-18.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.09%	27.79%	-16.70%

SPUT vs. FFTY - Expense Ratio Comparison

SPUT has a 0.79% expense ratio, which is lower than FFTY's 0.80% expense ratio.

Dividends

SPUT vs. FFTY - Dividend Comparison

SPUT's dividend yield for the trailing twelve months is around 4.94%, more than FFTY's 1.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFTY CapForce IBD 50 ETF	1.27%	1.35%	0.91%	0.65%	2.75%	0.22%	0.00%	0.00%	0.00%	0.17%
SPUT Innovator Equity Premium Income Daily PutWrite ETF	4.94%	4.66%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPUT and FFTY in my portfolio?

SPUT and FFTY have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPUT or FFTY?

FFTY has higher volatility (8.45%) compared to SPUT (2.32%). In terms of maximum drawdown, SPUT dropped -10.55% vs FFTY's -59.46%.

Which ETF is better, SPUT or FFTY?

On 1-year performance, SPUT leads with 14.10% vs 13.28% for FFTY. On fees, SPUT is cheaper at 0.79% per year. On volatility, SPUT has been the lower-risk option at 2.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SPUT or FFTY?

Over the 1-year period, SPUT has performed better with a 14.10% return vs 13.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SPUT or FFTY?

SPUT is cheaper with a 0.79% expense ratio, compared with 0.80% for FFTY.

Which ETF pays a higher dividend yield, SPUT or FFTY?

SPUT has the higher dividend yield at 4.94%, compared with 1.27% for FFTY.

What is the main difference between SPUT and FFTY?

SPUT is categorized as Derivative Income, while FFTY is Mid Cap Growth Equities. They also come from different issuers: Innovator and CapForce. Their fees differ too: 0.79% for SPUT and 0.80% for FFTY.

Which has better risk-adjusted returns?

SPUT currently has the higher Sharpe Ratio (1.61 vs 0.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.