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Data as of .

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

JUDO and QQQI both write options for income.

Janus Henderson U.S. Equity Enhanced Income ETF and NEOS Nasdaq-100(R) High Income ETF.

2.6%JUDO cash paid, 1 year
15.2%QQQI cash paid, 1 year
+14.7%JUDO total return, 1 year
+16.4%QQQI 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
QQQI5.3 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QQQI+16.4%15.2% of it arrived as cash5.3 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%QQQI+16.4%15.2% as cash5.3 pts behind QQQ

What they hold in common

By the books each fund has filed, JUDO and QQQI hold 41% of their money in the same securities at the same weight.

Positions JUDO and QQQI both hold, largest shared weight first
HoldingJUDOQQQI
NVIDIA Corp.8.32%8.58%
Microsoft Corp.6.00%5.84%
Apple, Inc.4.88%7.79%
Amazon.com, Inc.5.20%4.36%
Alphabet, Inc.7.49%3.24%
Broadcom, Inc.3.92%2.70%
Micron Technology, Inc.1.90%5.03%
Meta Platforms, Inc.1.75%3.14%
Applied Materials, Inc.1.29%1.58%
Cisco Systems, Inc.1.27%1.92%
Lam Research Corp.1.16%1.58%
Netflix, Inc.1.15%1.33%
Only in each
Only in JUDOOnly in QQQI
JPMorgan Chase & Co. 2.30%Advanced Micro Devices Inc 4.02%
Eli Lilly & Co. 2.30%Alphabet Inc 2.99%
Mastercard, Inc. 1.64%Tesla Inc 2.91%
Visa, Inc. 1.62%Intel Corp 2.44%
General Electric Co. 1.54%Walmart Inc 2.28%
Goldman Sachs Group, Inc. (The) 1.51%Palantir Technologies Inc 1.79%
Chevron Corp. 1.50%Costco Wholesale Corp 1.74%
Johnson & Johnson 1.41%Palo Alto Networks Inc 1.33%

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 QQQI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JUDOQQQIJUDOQQQIJUDOQQQI
3 months+1.8%−0.7%1.5%3.4%−0.5 pts+1.8 pts
6 monthsnot published+16.7%not published7.7%not published−7.5 pts
1 yearnot published+16.4%not published15.2%not published−5.3 pts
Since launch+14.7%+59.6%2.6%39.9%−1.8 pts−12.3 pts
Open the live comparison on ETFIQ
JUDO and QQQI 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
QQQI
NEOS Nasdaq-100(R) High Income ETF
Option income on QQQ, paying monthly
IssuerJanus HendersonNEOS
Strategycovered calloption income
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized6.4%14.0%
Expense ratio0.55%0.68%
Cash paid, 1 year2.6% (since launch on Mar 25, 2026)15.2%
Price change, 1 year+12.1%−0.1%
Total return, 1 year+14.7% (since launch on Mar 25, 2026)+16.4%
Benchmark return, 1 year+16.6%+21.8%
Ahead or behind−1.8 pts−5.3 pts
Return of capital, latest estimatenot published98%
Age177 days962 days
Net assets$7m$14.8bn

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.

QQQI in plain words

Over the year to Sep 18, 2026, QQQI paid 15.2% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +16.4%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 5.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.0%, paid monthly. NEOS estimates that 98% of the distribution paid Jun 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 QQQI?
JUDO charges 0.55% a year and QQQI charges 0.68%, 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 QQQI, 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 QQQI, data as of Sep 18, 2026. https://etfiq.com/compare/income/judo-vs-qqqi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources