Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

JUDO and SCEP both write options for income.

Janus Henderson U.S. Equity Enhanced Income ETF and STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF.

2.6%JUDO cash paid, 1 year
5.0%SCEP cash paid, 1 year
+14.7%JUDO total return, 1 year
+3.5%SCEP 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
SCEP8.2 pts behind SPY · since launch to Sep 18, 2026
SPY+11.7%SCEP+3.5%5.0% as cash8.2 pts behind SPYTotal return, distributions reinvestedSPY+11.7%SCEP+3.5%8.2 pts behind SPY

What they hold in common

By the books each fund has filed, JUDO and SCEP hold 47% of their money in the same securities at the same weight.

Positions JUDO and SCEP both hold, largest shared weight first
HoldingJUDOSCEP
Alphabet, Inc.7.49%5.98%
NVIDIA Corp.8.32%5.70%
Apple, Inc.4.88%5.71%
Amazon.com, Inc.5.20%4.68%
Broadcom, Inc.3.92%5.61%
Microsoft Corp.6.00%3.49%
JPMorgan Chase & Co.2.30%3.55%
Meta Platforms, Inc.1.75%2.23%
Visa, Inc.1.62%1.98%
Johnson & Johnson1.41%1.54%
AbbVie, Inc.1.38%1.62%
Home Depot, Inc. (The)1.34%1.52%
Only in each
Only in JUDOOnly in SCEP
Micron Technology, Inc. 1.90%PARKER-HANNIFIN CORP 2.63%
General Electric Co. 1.54%COSTCO WHOLESALE CORP 2.40%
Goldman Sachs Group, Inc. (The) 1.51%ADVANCED MICRO DEVICES INC 2.19%
Chevron Corp. 1.50%WILLIAMS COMPANIES INC (THE) 2.15%
American Express Co. 1.32%ILLINOIS TOOL WORKS INC 2.07%
Applied Materials, Inc. 1.29%EQUINIX INC 2.05%
Cisco Systems, Inc. 1.27%MONOLITHIC POWER SYSTEMS INC 1.89%
Eaton Corp. plc 1.24%ANALOG DEVICES INC 1.87%

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 Jun 30, 2026.

Performance, window by window

JUDO and SCEP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JUDOSCEPJUDOSCEPJUDOSCEP
3 months+1.8%−0.1%1.5%1.7%−0.5 pts−2.4 pts
6 monthsnot published+8.3%not published3.7%not published−9.7 pts
Since launch+14.7%+3.5%2.6%5.0%−1.8 pts−8.2 pts
Open the live comparison on ETFIQ
JUDO and SCEP 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
SCEP
STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF
Covered call on SPY, paying monthly
IssuerJanus HendersonSterling Capital
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized6.4%7.1%
Expense ratio0.55%0.65%
Cash paid, 1 year2.6% (since launch on Mar 25, 2026)5.0% (since launch on Dec 11, 2025)
Price change, 1 year+12.1%−1.6%
Total return, 1 year+14.7% (since launch on Mar 25, 2026)+3.5% (since launch on Dec 11, 2025)
Benchmark return, 1 year+16.6%+11.7%
Ahead or behind−1.8 pts−8.2 pts
Return of capital, latest estimatenot publishednot published
Age177 days281 days
Net assets$7m$235m

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.

SCEP in plain words

Over the period since launch on Dec 11, 2025 to Sep 18, 2026, SCEP paid 5.0% of its starting value in cash distributions while its price fell 1.6%. With every distribution reinvested, the fund returned +3.5%. S&P 500 (SPY) returned +11.7% over the same days, so a holder was behind by 8.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.1%, paid monthly.

Questions people ask

Which is cheaper, JUDO or SCEP?
JUDO charges 0.55% a year and SCEP charges 0.65%, 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 SCEP, 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 SCEP, data as of Sep 18, 2026. https://etfiq.com/compare/income/judo-vs-scep Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources