Which is cheaper, JUDO or TCAL?

JUDO charges 0.55% a year and TCAL charges 0.34%, so TCAL is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

JUDO vs TCAL: Dividend Yield & Total Return

JUDO and TCAL both write options for income.

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Net assets: $7.0m on Jul 31, 2026 for Janus Henderson U.S. Equity Enhanced Income ETF, and $324m on Nov 3, 2026 for T. Rowe Price Capital Appreciation Premium Income ETF.

JUDO on its own →TCAL on its own →

At a glance

3.8%

JUDO cash paid, since launch, Mar 25, 2026

11.4%

TCAL cash paid, 1 year

+16.1%

JUDO total return, since launch, Mar 25, 2026

+11.2%

TCAL total return, 1 year

JUDO · since launch to Nov 4, 2026 Not measured

JUDO

+16.1%

none

Not measured

JUDO since launch: paid 3.8%, price +12.2%, total +16.1%, not measured against a benchmark. Data to Nov 4, 2026.

JUDO

+16.1%

3.8% as cash

Total return, distributions reinvested

Not measured

JUDO since launch: paid 3.8%, price +12.2%, total +16.1%, not measured against a benchmark. Data to Nov 4, 2026.

JUDO

+16.1%

3.8% of it arrived as cash. Total return, distributions reinvested. JUDO since launch: paid 3.8%, price +12.2%, total +16.1%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

TCAL · 1 year to Nov 4, 2026 3.4 pts behind its own stocks

TCAL

+11.2%

Own

+14.6%

3.4 pts behind its own stocks

TCAL over 1 year: paid 11.4%, price −1.2%, total +11.2%, its own stocks +14.6%, −3.4 pts. Data to Nov 4, 2026.

its own stocks

+14.6%

TCAL

+11.2%

11.4% of it arrived as cash

3.4 pts behind its own stocks

Total return, distributions reinvested

3.4 pts behind its own stocks

TCAL over 1 year: paid 11.4%, price −1.2%, total +11.2%, its own stocks +14.6%, −3.4 pts. Data to Nov 4, 2026.

its own stocks

+14.6%

TCAL

+11.2%

11.4% as cash

3.4 pts behind its own stocks

11.4% of it arrived as cash. Both charts share one scale, with zero at the line. TCAL over 1 year: paid 11.4%, price −1.2%, total +11.2%, its own stocks +14.6%, −3.4 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

TCAL costs 0.21 points a year less.

Points (pts) are percentage points.

JUDO vs TCAL: Dividend Yield & Total Return
Measure	JUDO	TCAL
Paid and earned
Measure	JUDO	TCAL
Total return, 1 year	not published	+11.2%
Price change	rose 2.7% (6 months)	fell 1.2% (1 year)
Against its benchmark
Measure	JUDO	TCAL
Benchmark	its own stocks	its own stocks
Against its benchmark, same days	ahead by 0.6 pts	behind by 3.4 pts
Cost and size
Measure	JUDO	TCAL
Expense ratio	0.55%	0.34%
Net assets, JUDO as of Jul 31, 2026 and TCAL as of Nov 3, 2026	$7.0m	$324m
Holdings
Measure	JUDO	TCAL
Holdings in common	24%

Method

What they share

24%

By the books each fund has filed, JUDO and TCAL hold 24% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.

50%

0 half 100%

half

24% in common

Positions both hold · largest shared weight first JUDO TCAL

Visa, Inc. 1.70% 1.71%

Amazon.com, Inc. 5.17% 1.55%

Mastercard, Inc. 1.72% 1.51%

Microsoft Corp. 6.64% 1.51%

Cisco Systems, Inc. 1.39% 1.15%

Abbott Laboratories 1.26% 1.09%

Stryker Corp. 1.05% 1.51%

Motorola Solutions, Inc. 1.00% 1.49%

McDonald's Corp. 0.98% 1.71%

Broadcom, Inc. 3.56% 0.96%

Coca-Cola Co. (The) 1.35% 0.91%

Danaher Corp. 0.90% 2.02%

Only in one fund ↓

Only in JUDO

NVIDIA Corp. 7.84%

Alphabet, Inc. 6.79%

Apple, Inc. 4.38%

Eli Lilly & Co. 2.07%

Micron Technology, Inc. 1.99%

General Electric Co. 1.69%

Applied Materials, Inc. 1.56%

Target Corp. 1.51%

Only in TCAL

WATERS CORP 1.99%

VERALTO CORP 1.89%

WASTE CONNECTIONS INC 1.82%

YUM BRANDS INC 1.73%

LINDE PLC 1.65%

LOCKHEED MARTIN CORP 1.61%

NORTHROP GRUMMAN CORP 1.58%

TELEDYNE TECHNOLOGIES INC 1.57%

Check overlap with more funds →

Side by side

JUDO Janus Henderson U.S. Equity Enhanced Income ETF · Covered call on its own stocks, paying monthly TCAL T. Rowe Price Capital Appreciation Premium Income ETF · Covered call on its own stocks, paying monthly

Issuer Janus Henderson T. Rowe Price

Strategy covered call covered call

Benchmark JUDO's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) TCAL's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026)

Pays monthly monthly

Payout rate, annualized 6.4% 13.0%

Expense ratio 0.55% 0.34%

Cash paid, 1 year 3.8% (since launch, Mar 25, 2026) 11.4%

Price change, 1 year +12.2% (since launch, Mar 25, 2026) −1.2%

Total return, 1 year +16.1% (since launch, Mar 25, 2026) +11.2%

Benchmark return, 1 year not published +14.6%

Ahead or behind not available −3.4 pts

Return of capital, latest estimate not published not published

Age 224 days 1.6 years

Net assets, JUDO as of Jul 31, 2026 and TCAL as of Nov 3, 2026 $7.0m $324m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: JUDO vs TCAL: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	JUDO	TCAL	JUDO	TCAL	JUDO	TCAL
3 months	−1.2%	+5.3%	1.6%	2.6%	+0.5 pts	−1.8 pts
6 months	+5.8%	+12.3%	3.1%	6.3%	+0.6 pts	−0.9 pts
1 year	–	+11.2%	–	11.4%	–	−3.5 pts
Since launchNot the same days: JUDO Mar 2026 · TCAL Mar 2025	+16.1%	+12.0%	3.8%	16.9%	not measured	not measured

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Alert

About each fund

JUDO

JUDO's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned +5.2% over the same days, so a holder was ahead by 0.6 pts.

Over the 6 months to Nov 4, 2026, JUDO paid 3.1% of its starting value in cash distributions while its price rose 2.7%. With every distribution reinvested, the fund returned +5.8%. At its price on Nov 4, 2026 the latest distribution annualizes to 6.4%, paid monthly.

TCAL

Over the year to Nov 4, 2026, TCAL paid 11.4% of its starting value in cash distributions while its price fell 1.2%. With every distribution reinvested, the fund returned +11.2%. TCAL's own stocks, without the options (from its filed holdings, rebalanced at each filing; latest Jun 30, 2026) returned +14.6% over the same days, so a holder was behind by 3.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 13.0%, paid monthly.

Questions people ask

Which is cheaper, JUDO or TCAL?: JUDO charges 0.55% a year and TCAL charges 0.34%, so TCAL is cheaper. Fees come from each fund's prospectus.

Other comparisons

JUDO vs SCEP JUDO vs RNTY JUDO vs CVRD JUDO vs GRNI TCAL vs CVRD TCAL vs GRNI TCAL vs RNTY TCAL vs SCEP

Where to next

All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →JUDO on its own →TCAL on its own →JUDO dividend history →JUDO holdings →TCAL dividend history →TCAL holdings →Method →Standards and sources →

Sources and dates

JUDO filings on SEC EDGAR ↗

JUDO prospectus with the expense ratio (SEC) ↗

Janus Henderson website ↗

TCAL filings on SEC EDGAR ↗

TCAL prospectus with the expense ratio (SEC) ↗

T. Rowe Price website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, JUDO against TCAL, data as of Nov 4, 2026. https://etfiq.com/compare/income/judo-vs-tcal

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