Data as of .
JUDO vs SPYI: which paid, and which earned it?
JUDO and SPYI both write options for income.
What they hold in common
By the books each fund has filed, JUDO and SPYI hold 50% of their money in the same securities at the same weight.
| Holding | JUDO | SPYI |
|---|---|---|
| NVIDIA Corp. | 8.32% | 8.28% |
| Microsoft Corp. | 6.00% | 5.62% |
| Apple, Inc. | 4.88% | 7.52% |
| Amazon.com, Inc. | 5.20% | 3.82% |
| Alphabet, Inc. | 7.49% | 3.12% |
| Broadcom, Inc. | 3.92% | 2.59% |
| Meta Platforms, Inc. | 1.75% | 2.22% |
| Micron Technology, Inc. | 1.90% | 1.74% |
| JPMorgan Chase & Co. | 2.30% | 1.43% |
| Eli Lilly & Co. | 2.30% | 1.42% |
| Johnson & Johnson | 1.41% | 0.99% |
| Visa, Inc. | 1.62% | 0.93% |
| Only in JUDO | Only in SPYI |
|---|---|
| General Electric Co. 1.54% | Alphabet Inc 2.50% |
| Marriott International, Inc. 0.59% | Tesla Inc 1.58% |
| Berkshire Hathaway Inc 1.43% | |
| Advanced Micro Devices Inc 1.41% | |
| ExxonMobil Holdings Corp 1.03% | |
| Intel Corp 0.82% | |
| Walmart Inc 0.72% | |
| Palantir Technologies Inc 0.62% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JUDO | SPYI | JUDO | SPYI | JUDO | SPYI | |
| 3 months | +1.8% | +3.1% | 1.5% | 3.0% | −0.5 pts | +0.9 pts |
| 6 months | not published | +14.4% | not published | 6.5% | not published | −3.6 pts |
| 1 year | not published | +15.3% | not published | 13.1% | not published | −1.2 pts |
| 3 years | not published | +57.2% | not published | 38.6% | not published | −21.2 pts |
| Since launch | +14.7% | +77.1% | 2.6% | 50.3% | −1.8 pts | −25.3 pts |
| JUDO Janus Henderson U.S. Equity Enhanced Income ETF Covered call on SPY, paying monthly | SPYI NEOS S&P 500(R) High Income ETF Option income on SPY, paying monthly | |
|---|---|---|
| Issuer | Janus Henderson | NEOS |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 6.4% | 12.1% |
| Expense ratio | 0.55% | 0.68% |
| Cash paid, 1 year | 2.6% (since launch on Mar 25, 2026) | 13.1% |
| Price change, 1 year | +12.1% | +1.2% |
| Total return, 1 year | +14.7% (since launch on Mar 25, 2026) | +15.3% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −1.8 pts | −1.2 pts |
| Return of capital, latest estimate | not published | 93% |
| Age | 177 days | 1480 days |
| Net assets | $7m | $12.2bn |
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.
SPYI in plain words
Over the year to Sep 18, 2026, SPYI paid 13.1% of its starting value in cash distributions while its price rose 1.2%. With every distribution reinvested, the fund returned +15.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 1.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.1%, paid monthly. NEOS estimates that 93% 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 SPYI?
- JUDO charges 0.55% a year and SPYI 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.
Cite this page. ETFIQ, JUDO against SPYI, data as of Sep 18, 2026. https://etfiq.com/compare/income/judo-vs-spyi Free to use with attribution; the underlying files are at Open data.