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JUDOJanus Henderson U.S. Equity Enhanced Income ETF

Get incomeNewRanked #1,453 of 1,641 in this goal

Seeks current income and long-term capital growth.

By Janus Henderson · Launched 2026

Annual Cost

0.55%

#2,783 of 5,606 · average

Fund Size

$7M

#4,951 of 5,606 · small

Dividend YieldGoal

Track Record

3 months

#5,327 of 5,606 · young

Performance

Total-return NAV · USD
Growth of $10,000
$11,402+14.0%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 44.4% of fundmoderately concentrated

NVIDIA CorpNVDA
8.2%
Alphabet Inc Class CGOOG
7.1%
Microsoft CorpMSFT
6.4%
Apple IncAAPL
5.2%
Amazon.com IncAMZN
5.1%
Broadcom IncAVGO
4.1%
Micron Technology IncMU
2.3%
Eli Lilly and CoLLY
2.1%
JPMorgan Chase & CoJPM
2.1%
Meta Platforms Inc Class AMETA
1.7%

Asset allocation

Stocks
99.7%
Cash
0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-3.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks current income and long-term capital growth.
Strategy
Actively manages a portfolio primarily invested in equity securities of U.S. companies, focusing on dividend-paying stocks. Employs a covered call strategy to enhance income through option premiums while maintaining discretion in portfolio management.
Inception date
March 24, 2026
Fund family
Janus Henderson

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-29