Data as of .
JUDO vs OVL: which paid, and which earned it?
JUDO and OVL both write options for income.
What they hold in common
By the books each fund has filed, JUDO and OVL hold 0% of their money in the same securities at the same weight.
| Only in JUDO | Only in OVL |
|---|---|
| NVIDIA Corp. 8.32% | Vanguard S&P 500 ETF 100.00% |
| Alphabet, Inc. 7.49% | |
| Microsoft Corp. 6.00% | |
| Amazon.com, Inc. 5.20% | |
| Apple, Inc. 4.88% | |
| 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 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JUDO | OVL | JUDO | OVL | JUDO | OVL | |
| 3 months | +1.8% | +2.3% | 1.5% | 2.6% | −0.5 pts | 0.0 pts |
| 6 months | not published | +18.8% | not published | 5.7% | not published | +0.7 pts |
| 1 year | not published | +19.2% | not published | 8.9% | not published | +2.6 pts |
| 3 years | not published | +86.2% | not published | 21.1% | not published | +7.8 pts |
| Since launch | +14.7% | +203.4% | 2.6% | 47.2% | −1.8 pts | +16.1 pts |
| JUDO Janus Henderson U.S. Equity Enhanced Income ETF Covered call on SPY, paying monthly | OVL Overlay Shares Large Cap Equity ETF Put-selling overlay on SPY, paying monthly | |
|---|---|---|
| Issuer | Janus Henderson | Overlay Shares |
| Strategy | covered call | put-selling overlay |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 6.4% | 10.4% |
| Expense ratio | 0.55% | not published |
| Cash paid, 1 year | 2.6% (since launch on Mar 25, 2026) | 8.9% |
| Price change, 1 year | +12.1% | +9.4% |
| Total return, 1 year | +14.7% (since launch on Mar 25, 2026) | +19.2% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −1.8 pts | +2.6 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 177 days | 2544 days |
| Net assets | $7m | $276m |
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.
OVL in plain words
Over the year to Sep 18, 2026, OVL paid 8.9% of its starting value in cash distributions while its price rose 9.4%. With every distribution reinvested, the fund returned +19.2%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was ahead by 2.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.4%, paid monthly.
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 OVL, data as of Sep 18, 2026. https://etfiq.com/compare/income/judo-vs-ovl Free to use with attribution; the underlying files are at Open data.