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Data as of .

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

JUDO and PCOV both write options for income.

Janus Henderson U.S. Equity Enhanced Income ETF and Principal Equity Premium Income ETF.

2.6%JUDO cash paid, 1 year
0.0%PCOV cash paid, 1 year
+14.7%JUDO total return, 1 year
−3.7%PCOV 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
PCOV3 pts behind SPY · since launch to Sep 18, 2026
SPY−0.7%PCOV−3.7%3 pts behind SPYTotal return, distributions reinvestedSPY−0.7%PCOV−3.7%3 pts behind SPY

Performance, window by window

JUDO and PCOV over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JUDOPCOVJUDOPCOVJUDOPCOV
3 months+1.8%not published1.5%not published−0.5 ptsnot published
Since launch+14.7%−3.7%2.6%0.0%−1.8 pts−3.0 pts
Open the live comparison on ETFIQ
JUDO and PCOV 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
PCOV
Principal Equity Premium Income ETF
Covered call on SPY
IssuerJanus HendersonPrincipal
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlynot established
Payout rate, annualized6.4%not published
Expense ratio0.55%0.34%
Cash paid, 1 year2.6% (since launch on Mar 25, 2026)0.0% (since launch on Aug 19, 2026)
Price change, 1 year+12.1%−3.7%
Total return, 1 year+14.7% (since launch on Mar 25, 2026)−3.7% (since launch on Aug 19, 2026)
Benchmark return, 1 year+16.6%−0.7%
Ahead or behind−1.8 pts−3.0 pts
Return of capital, latest estimatenot publishednot published
Age177 days30 days
Net assets$7mnot published

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.

PCOV in plain words

Over the period since launch on Aug 19, 2026 to Sep 18, 2026, PCOV paid 0.0% of its starting value in cash distributions while its price fell 3.7%. With every distribution reinvested, the fund returned −3.7%. S&P 500 (SPY) returned −0.7% over the same days, so a holder was behind by 3.0 pts.

Questions people ask

Which is cheaper, JUDO or PCOV?
JUDO charges 0.55% a year and PCOV charges 0.34%, so PCOV 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 PCOV, 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 PCOV, data as of Sep 18, 2026. https://etfiq.com/compare/income/judo-vs-pcov Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources