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JUDO Janus Henderson U.S. Equity Enhanced Income ETF

Covered call on SPY, paying monthly

Since its launch on Mar 25, 2026, JUDO paid 2.6% in cash and still finished 1.5 points behind SPY.

Janus Henderson · Income ETFs · data as of

Key facts

2.6%Cash paid, since launch, on its starting price
+15.2%Total return, since launch
−1.5 ptsAgainst SPY
6.4%Latest payout, annualized

Method

What a holder got

JUDO against SPYJUDO returned +15.2% with distributions reinvested against +16.7% for S&P 500 (SPY), a gap of −1.5 pts. Of that, 2.6% arrived as cash rather than price.+15.2%JUDO total return+16.7%S&P 500 (SPY)2.6% as cash

Over the year to Sep 11, 2026, JUDO returned +15.2% with distributions reinvested and S&P 500 (SPY) returned +16.7%, so a holder came out behind it by 1.5 points. The lighter segment is the 2.6% that arrived as cash rather than as price.

Its ten largest equity positions

JUDO top ten by weight, 44.0% of its 67 equity positions, from the holdings filed for Apr 30, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the fund’s SEC filing.
HoldingWeight
NVIDIA Corp.8.32%
Alphabet, Inc.7.49%
Microsoft Corp.6.00%
Amazon.com, Inc.5.20%
Apple, Inc.4.88%
Broadcom, Inc.3.92%
JPMorgan Chase & Co.2.30%
Eli Lilly & Co.2.30%
Micron Technology, Inc.1.90%
Meta Platforms, Inc.1.75%

Method

Period by period

JUDO over each window to Sep 11, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSPYAhead or behind
3 months1.6%+2.2%+3.8%+3.3%+0.5 pts
Since launch2.6%+12.5%+15.2%+16.7%−1.5 pts

Method

When JUDO pays

JUDO pays monthly. The last distribution was $0.15 a share, which went ex on Aug 31, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 31 days the ex-date falls near Oct 1, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for JUDO. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Oct 1, 2026Oct 5, 2026$0.15ETFIQ projection from the fund’s own cadence
Every distribution ETFIQ holds for JUDO (5, most recent first)
Cash distributions per share for JUDO. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Aug 31, 2026$0.15
Jul 31, 2026$0.145
Jun 30, 2026$0.1383
May 29, 2026$0.128
Apr 30, 2026$0.0964

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Mar 25, 2026, JUDO has returned +15.2% with distributions reinvested, against +16.7% for S&P 500 (SPY), and has paid out 2.6% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 6.4%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

JUDO (Janus Henderson U.S. Equity Enhanced Income ETF), income ETFs fields as of Sep 11, 2026. Source: ETFIQ.
Strategycovered call
BenchmarkS&P 500 (SPY)
Paysmonthly
Net assets (SEC filing, whole fund, as filed for Apr 30, 2026)$7m
Latest payout, annualized (ETFIQ)6.4%
Expense ratio (485BPOS XBRL, Mar 23, 2026)0.55%
Cash paid, last 12 months, over today’s price (ETFIQ)2.3%
LaunchedMar 25, 2026
Paysmonthly
Typical gap between ex-dates31 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.15 ex Aug 31, 2026
Sum of the last 5 distributions$0.6577

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has JUDO paid over the last year?
Over the period from its launch on Mar 25, 2026 to Sep 11, 2026, JUDO paid 2.6% of its starting price in cash distributions, while the price rose 12.5%.
Is JUDO ahead of SPY?
Over the period from its launch on Mar 25, 2026 to Sep 11, 2026, with every distribution reinvested, JUDO returned +15.2% against +16.7% for S&P 500 (SPY), so a holder was behind it by 1.5 points.
How often does JUDO pay, and how much?
JUDO pays monthly. The latest distribution annualizes to 6.4% at its price on Sep 11, 2026, which is not a promise; the next one can differ.
When does JUDO next pay a distribution?
JUDO pays monthly. The last distribution went ex on Aug 31, 2026 at $0.15 a share. The next is not declared; on a cadence of about 31 days the ex-date falls near Oct 1, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does JUDO cost?
The prospectus expense ratio is 0.55% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

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.

Funds near this one

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Where JUDO is written about

JUDO, Income ETFs, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
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Open JUDO live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, JUDO, income ETFs, data as of Sep 11, 2026. https://etfiq.com/funds/judo Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources