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Data as of .

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

JUDO and OEI both write options for income.

Janus Henderson U.S. Equity Enhanced Income ETF and Optimized Equity Income ETF.

2.6%JUDO cash paid, 1 year
8.6%OEI cash paid, 1 year
+14.7%JUDO total return, 1 year
+14.4%OEI total return, 1 year
JUDO1.8 pts behind SPY · since launch to Sep 18, 2026
SPY+16.6%JUDO+14.7%2.6% as cash1.8 pts behind SPYTotal return, distributions reinvestedSPY+16.6%JUDO+14.7%1.8 pts behind SPY
OEI0.9 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%OEI+14.4%8.6% of it arrived as cash0.9 pts behind SPYTotal return, distributions reinvestedSPY+15.3%OEI+14.4%8.6% cash0.9 pts behind SPY

What they hold in common

By the books each fund has filed, JUDO and OEI hold 60% of their money in the same securities at the same weight.

Positions JUDO and OEI both hold, largest shared weight first
HoldingJUDOOEI
NVIDIA Corp.8.32%8.32%
Microsoft Corp.6.00%5.99%
Amazon.com, Inc.5.20%4.56%
Apple, Inc.4.88%4.28%
Broadcom, Inc.3.92%3.04%
Alphabet, Inc.7.49%2.79%
Micron Technology, Inc.1.90%2.57%
Eli Lilly & Co.2.30%1.80%
Meta Platforms, Inc.1.75%2.18%
JPMorgan Chase & Co.2.30%1.65%
Mastercard, Inc.1.64%1.57%
Johnson & Johnson1.41%2.10%
Only in each
Only in JUDOOnly in OEI
Union Pacific Corp. 1.10%Alphabet Inc 3.48%
Cummins, Inc. 1.10%ExxonMobil Holdings Corp 2.07%
EOG Resources, Inc. 1.09%Booking Holdings Inc 1.89%
Stryker Corp. 1.03%Berkshire Hathaway Inc 1.60%
Danaher Corp. 1.02%Advanced Micro Devices Inc 1.56%
Emerson Electric Co. 0.92%Tesla Inc 1.46%
Motorola Solutions, Inc. 0.90%Bank of America Corp 1.38%
Ferguson Enterprises, Inc. 0.87%Intel Corp 1.34%

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 Jul 31, 2026.

Performance, window by window

JUDO and OEI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JUDOOEIJUDOOEIJUDOOEI
3 months+1.8%+4.8%1.5%2.3%−0.5 pts+2.5 pts
6 monthsnot published+12.5%not published4.9%not published−5.6 pts
Since launch+14.7%+14.4%2.6%8.6%−1.8 pts−0.9 pts
Open the live comparison on ETFIQ
JUDO and OEI 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
OEI
Optimized Equity Income ETF
Option income on SPY, paying monthly
IssuerJanus HendersonCore Alternative
Strategycovered calloption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY), used as a default proxy
Paysmonthlymonthly
Payout rate, annualized6.4%9.2%
Expense ratio0.55%1.02%
Cash paid, 1 year2.6% (since launch on Mar 25, 2026)8.6% (since launch on Oct 22, 2025)
Price change, 1 year+12.1%+5.2%
Total return, 1 year+14.7% (since launch on Mar 25, 2026)+14.4% (since launch on Oct 22, 2025)
Benchmark return, 1 year+16.6%+15.3%
Ahead or behind−1.8 pts−0.9 pts
Return of capital, latest estimatenot publishednot published
Age177 days331 days
Net assets$7m$46m

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.

OEI in plain words

Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.

Questions people ask

Which is cheaper, JUDO or OEI?
JUDO charges 0.55% a year and OEI charges 1.02%, 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 OEI, 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 OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/judo-vs-oei Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources