Data as of .
JUDO vs LOCT: which paid, and which earned it?
JUDO and LOCT both write options for income.
What they hold in common
By the books each fund has filed, JUDO and LOCT hold 0% of their money in the same securities at the same weight.
| Only in JUDO | Only in LOCT |
|---|---|
| NVIDIA Corp. 8.32% | TREASURY BILL 98.30% |
| Alphabet, Inc. 7.49% | TREASURY BILL 0.43% |
| Microsoft Corp. 6.00% | TREASURY BILL 0.43% |
| Amazon.com, Inc. 5.20% | TREASURY BILL 0.42% |
| Apple, Inc. 4.88% | TREASURY BILL 0.42% |
| Broadcom, Inc. 3.92% | |
| JPMorgan Chase & Co. 2.30% | |
| Eli Lilly & Co. 2.30% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JUDO | LOCT | JUDO | LOCT | JUDO | LOCT | |
| 3 months | +1.8% | +1.0% | 1.5% | 1.3% | −0.5 pts | −1.2 pts |
| 6 months | not published | +3.9% | not published | 2.6% | not published | −14.1 pts |
| 1 year | not published | +5.4% | not published | 5.2% | not published | −11.2 pts |
| Since launch | +14.7% | +18.5% | 2.6% | 16.5% | −1.8 pts | −66.4 pts |
| JUDO Janus Henderson U.S. Equity Enhanced Income ETF Covered call on SPY, paying monthly | LOCT Innovator Premium Income 15 Buffer ETF - October Buffer with income on SPY, paying monthly | |
|---|---|---|
| Issuer | Janus Henderson | Innovator |
| Strategy | covered call | buffer with income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 6.4% | 5.2% |
| Expense ratio | 0.55% | 0.79% |
| Cash paid, 1 year | 2.6% (since launch on Mar 25, 2026) | 5.2% |
| Price change, 1 year | +12.1% | +0.1% |
| Total return, 1 year | +14.7% (since launch on Mar 25, 2026) | +5.4% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −1.8 pts | −11.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 177 days | 1082 days |
| Net assets | $7m | $11m |
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.
LOCT in plain words
Over the year to Sep 18, 2026, LOCT paid 5.2% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +5.4%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 11.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.2%, paid monthly.
Questions people ask
- Which is cheaper, JUDO or LOCT?
- JUDO charges 0.55% a year and LOCT charges 0.79%, so JUDO 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.
Cite this page. ETFIQ, JUDO against LOCT, data as of Sep 18, 2026. https://etfiq.com/compare/income/judo-vs-loct Free to use with attribution; the underlying files are at Open data.