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Data as of .

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

JUDO and XRMI both write options for income.

Janus Henderson U.S. Equity Enhanced Income ETF and Global X S&P 500 Risk Managed Income ETF.

2.6%JUDO cash paid, 1 year
12.1%XRMI cash paid, 1 year
+14.7%JUDO total return, 1 year
+10.3%XRMI 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
XRMI6.3 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%XRMI+10.3%12.1% of it arrived as cash6.3 pts behind SPYTotal return, distributions reinvestedSPY+16.6%XRMI+10.3%12.1% cash6.3 pts behind SPY

What they hold in common

By the books each fund has filed, JUDO and XRMI hold 43% of their money in the same securities at the same weight.

Positions JUDO and XRMI both hold, largest shared weight first
HoldingJUDOXRMI
NVIDIA Corp.8.32%8.27%
Microsoft Corp.6.00%5.63%
Apple, Inc.4.88%7.54%
Amazon.com, Inc.5.20%3.82%
Broadcom, Inc.3.92%2.61%
Micron Technology, Inc.1.90%1.76%
Meta Platforms, Inc.1.75%2.26%
JPMorgan Chase & Co.2.30%1.44%
Eli Lilly & Co.2.30%1.42%
Johnson & Johnson1.41%1.00%
AbbVie, Inc.1.38%0.72%
Cisco Systems, Inc.1.27%0.66%
Only in each
Only in JUDOOnly in XRMI
Alphabet, Inc. 7.49%ALPHABET INC-CL A 3.15%
Mastercard, Inc. 1.64%ALPHABET INC-CL C 2.50%
Visa, Inc. 1.62%TESLA INC 1.58%
General Electric Co. 1.54%BERKSHIRE HATHAWAY INC-CL B 1.46%
Goldman Sachs Group, Inc. (The) 1.51%ADVANCED MICRO DEVICES 1.40%
Home Depot, Inc. (The) 1.34%CASH 1.11%
Philip Morris International, Inc. 1.21%EXXONMOBIL HOLDINGS CORP 1.04%
Amphenol Corp. 1.02%VISA INC-CLASS A SHARES 0.96%

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 18, 2026.

Performance, window by window

JUDO and XRMI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JUDOXRMIJUDOXRMIJUDOXRMI
3 months+1.8%+3.5%1.5%3.0%−0.5 pts+1.2 pts
6 monthsnot published+8.9%not published6.3%not published−9.1 pts
1 yearnot published+10.3%not published12.1%not published−6.3 pts
3 yearsnot published+27.2%not published33.3%not published−51.2 pts
Since launch+14.7%+17.0%2.6%43.8%−1.8 pts−66.1 pts
Open the live comparison on ETFIQ
JUDO and XRMI 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
XRMI
Global X S&P 500 Risk Managed Income ETF
Option income on SPY, paying monthly
IssuerJanus HendersonGlobal X
Strategycovered calloption income
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized6.4%12.3%
Expense ratio0.55%0.60%
Cash paid, 1 year2.6% (since launch on Mar 25, 2026)12.1%
Price change, 1 year+12.1%−2.4%
Total return, 1 year+14.7% (since launch on Mar 25, 2026)+10.3%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−1.8 pts−6.3 pts
Return of capital, latest estimatenot published95%
Age177 days1849 days
Net assets$7m$60m

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.

XRMI in plain words

Over the year to Sep 18, 2026, XRMI paid 12.1% of its starting value in cash distributions while its price fell 2.4%. With every distribution reinvested, the fund returned +10.3%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 6.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.3%, paid monthly. Global X estimates that 95% of the distribution paid Aug 27, 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 XRMI?
JUDO charges 0.55% a year and XRMI charges 0.60%, 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 XRMI, 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 XRMI, data as of Sep 18, 2026. https://etfiq.com/compare/income/judo-vs-xrmi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources