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Data as of .

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

JUDO and OARK both write options for income.

Janus Henderson U.S. Equity Enhanced Income ETF and YieldMax(R) Innovation Option Income Strategy ETF.

2.6%JUDO cash paid, 1 year
37.4%OARK cash paid, 1 year
+14.7%JUDO total return, 1 year
+6.6%OARK total return, 1 year
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
OARK15.2 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%OARK+6.6%37.4% as cash15.2 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%OARK+6.6%15.2 pts behind QQQ

What they hold in common

By the books each fund has filed, JUDO and OARK hold 0% of their money in the same securities at the same weight.

Only in each
Only in JUDOOnly in OARK
NVIDIA Corp. 8.32%United States Treasury Note/Bond 2.375% 05/15/2027 31.97%
Alphabet, Inc. 7.49%United States Treasury Bill 02/18/2027 31.91%
Microsoft Corp. 6.00%United States Treasury Bill 07/08/2027 22.43%
Amazon.com, Inc. 5.20%2ARKK US 11/20/26 C85.01 FLX 8.43%
Apple, Inc. 4.88%United States Treasury Bill 12/10/2026 6.55%
Broadcom, Inc. 3.92%United States Treasury Bill 10/15/2026 3.23%
JPMorgan Chase & Co. 2.30%First American Government Obligations Fund 12/01/2031 1.09%
Eli Lilly & Co. 2.30%ARKK US 09/25/26 C86 0.66%

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 21, 2026.

Performance, window by window

JUDO and OARK over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JUDOOARKJUDOOARKJUDOOARK
3 months+1.8%+3.9%1.5%9.0%−0.5 pts+6.4 pts
6 monthsnot published+20.0%not published22.6%not published−4.2 pts
1 yearnot published+6.6%not published37.4%not published−15.2 pts
3 yearsnot published+61.9%not published87.5%not published−36.3 pts
Since launch+14.7%+58.8%2.6%89.4%−1.8 pts−96.7 pts
Open the live comparison on ETFIQ
JUDO and OARK on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JUDO
Janus Henderson U.S. Equity Enhanced Income ETF
Covered call on SPY, paying monthly
OARK
YieldMax(R) Innovation Option Income Strategy ETF
Synthetic covered call on QQQ, paying weekly
IssuerJanus HendersonYieldMax
Strategycovered callsynthetic covered call
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ), used as the innovation proxy
Paysmonthlyweekly
Payout rate, annualized6.4%27.9%
Expense ratio0.55%1.00%
Cash paid, 1 year2.6% (since launch on Mar 25, 2026)37.4%
Price change, 1 year+12.1%−34.0%
Total return, 1 year+14.7% (since launch on Mar 25, 2026)+6.6%
Benchmark return, 1 year+16.6%+21.8%
Ahead or behind−1.8 pts−15.2 pts
Return of capital, latest estimatenot published0%
Age177 days1395 days
Net assets$7m$32m

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.

OARK in plain words

Over the year to Sep 18, 2026, OARK paid 37.4% of its starting value in cash distributions while its price fell 34.0%. With every distribution reinvested, the fund returned +6.6%. Nasdaq-100 (QQQ), used as the innovation proxy returned +21.8% over the same days, so a holder was behind by 15.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 27.9%, paid weekly. YieldMax estimates that 0% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, JUDO or OARK?
JUDO charges 0.55% a year and OARK charges 1.00%, 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.

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

How every figure is computed · Standards and sources