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Data as of .

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

GPIQ and JUDO both write options for income.

Goldman Sachs Nasdaq-100 Premium Income ETF and Janus Henderson U.S. Equity Enhanced Income ETF.

11.0%GPIQ cash paid, 1 year
2.6%JUDO cash paid, 1 year
+21.4%GPIQ total return, 1 year
+14.7%JUDO total return, 1 year
GPIQAbout even with QQQ · 1 year to Sep 18, 2026
QQQ+21.8%GPIQ+21.4%11.0% of it arrived as cashabout even with QQQTotal return, distributions reinvestedQQQ+21.8%GPIQ+21.4%about even with 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, GPIQ and JUDO hold 39% of their money in the same securities at the same weight.

Positions GPIQ and JUDO both hold, largest shared weight first
HoldingGPIQJUDO
NVIDIA CORP7.48%8.32%
APPLE INC6.59%4.88%
AMAZON.COM INC4.20%5.20%
MICROSOFT CORP3.96%6.00%
ALPHABET INC3.54%7.49%
BROADCOM INC2.69%3.92%
MICRON TECHNOLOGY INC5.62%1.90%
META PLATFORMS INC2.78%1.75%
APPLIED MATERIALS INC2.51%1.29%
CISCO SYSTEMS INC2.05%1.27%
LAM RESEARCH CORP2.37%1.16%
TEXAS INSTRUMENTS INC1.23%1.15%
Only in each
Only in GPIQOnly in JUDO
ADVANCED MICRO DEVICES INC 4.11%JPMorgan Chase & Co. 2.30%
TESLA INC 3.17%Eli Lilly & Co. 2.30%
INTEL CORP 3.01%Mastercard, Inc. 1.64%
ALPHABET INC 2.57%Visa, Inc. 1.62%
WALMART INC 2.12%General Electric Co. 1.54%
COSTCO WHOLESALE CORP 1.97%Goldman Sachs Group, Inc. (The) 1.51%
KLA CORP 1.74%Chevron Corp. 1.50%
SANDISK CORP 1.48%Johnson & Johnson 1.41%

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 Jun 30, 2026.

Performance, window by window

GPIQ and JUDO over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GPIQJUDOGPIQJUDOGPIQJUDO
3 months−1.7%+1.8%2.5%1.5%+0.8 pts−0.5 pts
6 months+20.5%not published5.9%not published−3.7 ptsnot published
1 year+21.4%not published11.0%not published−0.4 ptsnot published
Since launch+98.3%+14.7%38.2%2.6%−15.0 pts−1.8 pts
Open the live comparison on ETFIQ
GPIQ and JUDO on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GPIQ
Goldman Sachs Nasdaq-100 Premium Income ETF
Covered call on QQQ, paying monthly
JUDO
Janus Henderson U.S. Equity Enhanced Income ETF
Covered call on SPY, paying monthly
IssuerGoldman SachsJanus Henderson
Strategycovered callcovered call
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized10.5%6.4%
Expense ratio0.29%0.55%
Cash paid, 1 year11.0%2.6% (since launch on Mar 25, 2026)
Price change, 1 year+9.3%+12.1%
Total return, 1 year+21.4%+14.7% (since launch on Mar 25, 2026)
Benchmark return, 1 year+21.8%+16.6%
Ahead or behind−0.4 pts−1.8 pts
Return of capital, latest estimatenot publishednot published
Age1058 days177 days
Net assets$5.8bn$7m

GPIQ in plain words

Over the year to Sep 18, 2026, GPIQ paid 11.0% of its starting value in cash distributions while its price rose 9.3%. With every distribution reinvested, the fund returned +21.4%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 10.5%, 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, GPIQ or JUDO?
GPIQ charges 0.29% a year and JUDO charges 0.55%, so GPIQ 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.

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

How every figure is computed · Standards and sources