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Data as of .

BALQ vs JUDO: which paid, and which earned it?

BALQ and JUDO both write options for income.

iShares Nasdaq Premium Income Active ETF and Janus Henderson U.S. Equity Enhanced Income ETF.

8.5%BALQ cash paid, 1 year
2.6%JUDO cash paid, 1 year
+21.4%BALQ total return, 1 year
+14.7%JUDO total return, 1 year
BALQ5.3 pts ahead of QQQ · since launch to Sep 18, 2026
QQQ+16.1%BALQ+21.4%8.5% of it arrived as cash5.3 pts ahead of QQQTotal return, distributions reinvestedQQQ+16.1%BALQ+21.4%5.3 pts ahead of QQQ
JUDO1.8 pts behind SPY · since launch to Sep 18, 2026
SPY+16.6%JUDO+14.7%2.6% cash1.8 pts behind SPYTotal return, distributions reinvestedSPY+16.6%JUDO+14.7%1.8 pts behind SPY

What they hold in common

By the books each fund has filed, BALQ and JUDO hold 11% of their money in the same securities at the same weight.

Positions BALQ and JUDO both hold, largest shared weight first
HoldingBALQJUDO
AMAZON.COM INC4.76%5.20%
BROADCOM INC2.99%3.92%
CISCO SYSTEMS INC2.15%1.27%
VERIZON COMMUNICATIONS INC0.52%1.06%
ABBOTT LABORATORIES0.33%1.19%
MORGAN STANLEY0.33%1.09%
MCDONALDS CORP0.30%1.32%
BOSTON SCIENTIFIC CORP0.23%0.52%
FREEPORT MCMORAN INC0.14%0.52%
Only in each
Only in BALQOnly in JUDO
NVIDIA 8.62%NVIDIA Corp. 8.32%
APPLE 7.63%Alphabet, Inc. 7.49%
MICROSOFT 6.72%Microsoft Corp. 6.00%
MICRON TECHNOLOGY 5.06%Apple, Inc. 4.88%
ADVANCED MICRO DEVICES 4.31%JPMorgan Chase & Co. 2.30%
ALPHABET CLASS A 3.44%Eli Lilly & Co. 2.30%
META PLATFORMS CLASS A 3.31%Micron Technology, Inc. 1.90%
ALPHABET CLASS C 3.09%Meta Platforms, Inc. 1.75%

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

BALQ and JUDO over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
BALQJUDOBALQJUDOBALQJUDO
3 months−0.5%+1.8%2.8%1.5%+1.9 pts−0.5 pts
6 months+27.2%not published6.5%not published+3.0 ptsnot published
Since launch+21.4%+14.7%8.5%2.6%+5.3 pts−1.8 pts
Open the live comparison on ETFIQ
BALQ and JUDO on the same fields, as of Sep 18, 2026. Source: ETFIQ.
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 SPY, paying monthly
IssueriSharesJanus Henderson
Strategycovered callcovered call
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized8.9%6.4%
Expense ratio0.35%0.55%
Cash paid, 1 year8.5% (since launch on Dec 3, 2025)2.6% (since launch on Mar 25, 2026)
Price change, 1 year+11.9%+12.1%
Total return, 1 year+21.4% (since launch on Dec 3, 2025)+14.7% (since launch on Mar 25, 2026)
Benchmark return, 1 year+16.1%+16.6%
Ahead or behind+5.3 pts−1.8 pts
Return of capital, latest estimatenot publishednot published
Age289 days177 days
Net assets$29m$7m

BALQ in plain words

Over the period since launch on Dec 3, 2025 to Sep 18, 2026, BALQ paid 8.5% of its starting value in cash distributions while its price rose 11.9%. With every distribution reinvested, the fund returned +21.4%. Nasdaq-100 (QQQ) returned +16.1% over the same days, so a holder was ahead by 5.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.9%, paid monthly.

JUDO in plain words

Over the period since launch on Mar 25, 2026 to Sep 18, 2026, JUDO paid 2.6% of its starting value in cash distributions while its price rose 12.1%. With every distribution reinvested, the fund returned +14.7%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.8 pts. At its price on Sep 18, 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

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.

BALQ against JUDO, 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, BALQ against JUDO, data as of Sep 18, 2026. https://etfiq.com/compare/income/balq-vs-judo Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources