JUDO vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricJUDOSPYWinner
Expense Ratio0.55%0.09%
AUM-$789.1B
Dividend Yield0.36%1.01%
Holdings69505
YTD Return+15.11%+13.50%
1Y Return-+23.56%
3Y Return (annualized)-+21.17%
5Y Return (annualized)-+13.46%
Volatility (annualized)-15.3%
Max Drawdown-3.9%-56.5%
Fund FamilyJanus Henderson InvestorsState Street Investment Management
CategoryEquityEquity
InceptionMar 24, 2026Jan 22, 1993

JUDO vs SPY Performance

Janus Henderson US Equity Enhanced Income ETF (JUDO) is a ETF from Janus Henderson Investors and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, JUDO is up 15.11% versus a gain of 13.50% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -3.9% for JUDO and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

JUDO charges 0.55% per year while SPY charges 0.09%. On a $10,000 position that is $55 vs $9 annually, a gap of $46 per year that compounds over a long holding period. On income, JUDO currently yields 0.36% against 1.01% for SPY.

Holdings Overlap

48.1%overlap

JUDO and SPY share 65 holdings out of 507 unique holdings combined, representing a 48.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in JUDOWeight in SPYDifference
NVDA7.79%7.31%0.48%
AAPL4.85%7.09%2.24%
MSFT5.65%4.43%1.22%
GOOGProProPro
AMZNProProPro
AVGOProProPro
MUProProPro
JPMProProPro
LLYProProPro
METAProProPro
See all 10 holdings JUDO shares with SPY
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, JUDO or SPY?

JUDO has an expense ratio of 0.55% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $46 per year of difference.

What is the holdings overlap between JUDO and SPY?

JUDO and SPY share 65 common holdings with a 48.1% weight overlap. Combined, they hold 507 unique securities.

Which pays a higher dividend, JUDO or SPY?

JUDO yields 0.36% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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