Which is cheaper, BALQ or JUDO?

BALQ charges 0.35% a year and JUDO charges 0.55%, so BALQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

BALQ vs JUDO: Dividend Yield & Total Return

BALQ and JUDO both write options for income.

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Net assets: $43m on Nov 3, 2026 for iShares Nasdaq Premium Income Active ETF, and $7.0m on Jul 31, 2026 for Janus Henderson U.S. Equity Enhanced Income ETF.

BALQ on its own →JUDO on its own →

At a glance

10.0%

BALQ cash paid, since launch, Dec 3, 2025

3.8%

JUDO cash paid, since launch, Mar 25, 2026

+15.6%

BALQ total return, since launch, Dec 3, 2025

+16.1%

JUDO total return, since launch, Mar 25, 2026

BALQ · since launch to Nov 4, 2026 4.1 pts ahead of QQQ

BALQ

+15.6%

QQQ

+11.5%

4.1 pts ahead of QQQ

BALQ since launch: paid 10.0%, price +5.1%, total +15.6%, QQQ +11.5%, +4.1 pts. Data to Nov 4, 2026.

QQQ

+11.5%

BALQ

+15.6%

10.0% of it arrived as cash

4.1 pts ahead of QQQ

Total return, distributions reinvested

4.1 pts ahead of QQQ

BALQ since launch: paid 10.0%, price +5.1%, total +15.6%, QQQ +11.5%, +4.1 pts. Data to Nov 4, 2026.

QQQ

+11.5%

BALQ

+15.6%

10.0% cash

4.1 pts ahead of QQQ

10.0% of it arrived as cash. Total return, distributions reinvested. BALQ since launch: paid 10.0%, price +5.1%, total +15.6%, QQQ +11.5%, +4.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

JUDO · since launch to Nov 4, 2026 Not measured

JUDO

+16.1%

none

Not measured

JUDO since launch: paid 3.8%, price +12.2%, total +16.1%, not measured against a benchmark. Data to Nov 4, 2026.

JUDO

+16.1%

3.8% as cash

Total return, distributions reinvested

Not measured

JUDO since launch: paid 3.8%, price +12.2%, total +16.1%, not measured against a benchmark. Data to Nov 4, 2026.

JUDO

+16.1%

3.8% of it arrived as cash. Both charts share one scale, 0 to +16.1%. JUDO since launch: paid 3.8%, price +12.2%, total +16.1%, not measured against a benchmark. Data to Nov 4, 2026.

Both charts share one scale, 0 to +16.1%. Data to Nov 4, 2026.

Pair scorecard

BALQ costs 0.20 points a year less.

Points (pts) are percentage points.

BALQ vs JUDO: Dividend Yield & Total Return
Measure	BALQ	JUDO
Paid and earned
Measure	BALQ	JUDO
Price change	rose 5.1% (since Dec 3, 2025)	rose 2.7% (6 months)
Return of capital, issuer estimate	97% of the Nov 5, 2026 payment
Against its benchmark
Measure	BALQ	JUDO
Benchmark	Nasdaq-100, measured through QQQ	its own stocks
Against its benchmark, same days	ahead by 4.1 pts	ahead by 0.6 pts
Cost and size
Measure	BALQ	JUDO
Expense ratio	0.35%	0.55%
Net assets, BALQ as of Nov 3, 2026 and JUDO as of Jul 31, 2026	$43m	$7.0m
Holdings
Measure	BALQ	JUDO
Holdings in common	39%

Method

What they share

39%

By the books each fund has filed, BALQ and JUDO hold 39% 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

39% in common

Positions both hold · largest shared weight first BALQ JUDO

NVIDIA 8.33% 7.84%

MICROSOFT 7.46% 6.64%

AMAZON.COM INC 5.04% 5.17%

APPLE 7.82% 4.38%

BROADCOM INC 2.99% 3.56%

ALPHABET CLASS A 2.75% 6.79%

MICRON TECHNOLOGY 4.74% 1.99%

CISCO SYSTEMS INC 2.30% 1.39%

LAM RESEARCH 1.64% 1.22%

GOLDMAN SACHS GROUP 0.82% 1.49%

META PLATFORMS CLASS A 3.09% 0.79%

VERIZON COMMUNICATIONS INC 0.74% 1.38%

Only in one fund ↓

Only in BALQ

ADVANCED MICRO DEVICES 4.10%

COSTCO WHOLESALE CORP 3.46%

WALMART 2.97%

TESLA INC 2.88%

ALPHABET CLASS C 2.44%

SPACE EXPLORATION TECHNOLOGIES COR 2.10%

PALANTIR TECHNOLOGIES CLASS A 2.02%

APPLIED MATERIAL INC 1.71%

Only in JUDO

JPMorgan Chase & Co. 2.31%

Eli Lilly & Co. 2.07%

Mastercard, Inc. 1.72%

Visa, Inc. 1.70%

General Electric Co. 1.69%

Applied Materials, Inc. 1.56%

Target Corp. 1.51%

American Express Co. 1.49%

Check overlap with more funds →

Side by side

BALQ iShares Nasdaq Premium Income Active ETF · Covered call on QQQ, paying monthly JUDO Janus Henderson U.S. Equity Enhanced Income ETF · Covered call on its own stocks, paying monthly

Issuer iShares Janus Henderson

Strategy covered call covered call

Benchmark Nasdaq-100 (QQQ) JUDO's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026)

Pays monthly monthly

Payout rate, annualized 8.5% 6.4%

Expense ratio 0.35% 0.55%

Cash paid, 1 year 10.0% (since launch, Dec 3, 2025) 3.8% (since launch, Mar 25, 2026)

Price change, 1 year +5.1% (since launch, Dec 3, 2025) +12.2% (since launch, Mar 25, 2026)

Total return, 1 year +15.6% (since launch, Dec 3, 2025) +16.1% (since launch, Mar 25, 2026)

Benchmark return, 1 year +11.5% (since launch, Dec 3, 2025) not published

Ahead or behind +4.1 pts (since launch, Dec 3, 2025) not available

Return of capital, latest estimate 97% not published

Age 336 days 224 days

Net assets, BALQ as of Nov 3, 2026 and JUDO as of Jul 31, 2026 $43m $7.0m

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: BALQ vs JUDO: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	BALQ	JUDO	BALQ	JUDO	BALQ	JUDO
3 months	−3.8%	−1.2%	2.1%	1.6%	−0.3 pts	+0.5 pts
6 months	+1.3%	+5.8%	5.2%	3.1%	+1.7 pts	+0.6 pts
Since launchNot the same days: BALQ Dec 2025 · JUDO Mar 2026	+15.6%	+16.1%	10.0%	3.8%	+4.1 pts	not measured

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Alert

About each fund

BALQ

Over the period from its first trade on Dec 3, 2025 to Nov 4, 2026, BALQ paid 10.0% of its starting value in cash distributions while its price rose 5.1%. With every distribution reinvested, the fund returned +15.6%. Nasdaq-100 (QQQ) returned +11.5% over the same days, so a holder was ahead by 4.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.5%, paid monthly. iShares estimates that 97% of the distribution paid Nov 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

JUDO

JUDO's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned +5.2% over the same days, so a holder was ahead by 0.6 pts.

Over the 6 months to Nov 4, 2026, JUDO paid 3.1% of its starting value in cash distributions while its price rose 2.7%. With every distribution reinvested, the fund returned +5.8%. At its price on Nov 4, 2026 the latest distribution annualizes to 6.4%, paid monthly.

Questions people ask

Which is cheaper, BALQ or JUDO?: BALQ charges 0.35% a year and JUDO charges 0.55%, so BALQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

BALQ vs HEMI BALQ vs RNTY BALQ vs CVRD BALQ vs GRNI JUDO vs IQQQ JUDO vs XQQI JUDO vs ROCQ JUDO vs KIQQ

Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →BALQ on its own →JUDO on its own →BALQ dividend history →BALQ holdings →JUDO dividend history →JUDO holdings →Method →Standards and sources →

Sources and dates

BALQ filings on SEC EDGAR ↗

BALQ prospectus with the expense ratio (SEC) ↗

BALQ 19a-1 distribution notice ↗

iShares page for BALQ ↗

JUDO filings on SEC EDGAR ↗

JUDO prospectus with the expense ratio (SEC) ↗

Janus Henderson website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

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, BALQ against JUDO, data as of Nov 4, 2026. https://etfiq.com/compare/income/balq-vs-judo

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