Data as of .
CAIQ vs JEPQ: which paid, and which earned it?
CAIQ and JEPQ both write options for income.
What they hold in common
By the books each fund has filed, CAIQ and JEPQ hold 0% of their money in the same securities at the same weight.
| Only in CAIQ | Only in JEPQ |
|---|---|
| Calamos Tax-Aware Collateral ETF 100.00% | NVIDIA Corp. 6.68% |
| Apple, Inc. 5.83% | |
| Micron Technology, Inc. 5.58% | |
| Alphabet, Inc. 5.05% | |
| Microsoft Corp. 3.90% | |
| Advanced Micro Devices, Inc. 3.87% | |
| Amazon.com, Inc. 3.67% | |
| Lam Research Corp. 2.89% |
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 Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| CAIQ | JEPQ | CAIQ | JEPQ | CAIQ | JEPQ | |
| 3 months | −0.5% | +1.6% | 4.3% | 3.3% | +1.9 pts | +4.1 pts |
| 6 months | +16.5% | +15.1% | 9.5% | 6.7% | −7.7 pts | −9.2 pts |
| 1 year | not published | +18.5% | not published | 11.9% | not published | −3.2 pts |
| 3 years | not published | +73.0% | not published | 37.2% | not published | −25.1 pts |
| Since launch | +16.7% | +91.7% | 13.7% | 49.2% | −7.0 pts | −33.0 pts |
| CAIQ Calamos Nasdaq Autocallable Income ETF Option income on QQQ, paying monthly | JEPQ JPMorgan Nasdaq Equity Premium Income ETF Covered call on QQQ, paying monthly | |
|---|---|---|
| Issuer | Calamos | JPMorgan |
| Strategy | option income | covered call |
| Benchmark | Nasdaq-100 (QQQ) | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 17.9% | 13.6% |
| Expense ratio | 0.74% | 0.35% |
| Cash paid, 1 year | 13.7% (since launch on Nov 20, 2025) | 11.9% |
| Price change, 1 year | +2.1% | +5.7% |
| Total return, 1 year | +16.7% (since launch on Nov 20, 2025) | +18.5% |
| Benchmark return, 1 year | +23.6% | +21.8% |
| Ahead or behind | −7.0 pts | −3.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 302 days | 1598 days |
| Net assets | $167m | $43.0bn |
CAIQ in plain words
Over the period since launch on Nov 20, 2025 to Sep 18, 2026, CAIQ paid 13.7% of its starting value in cash distributions while its price rose 2.1%. With every distribution reinvested, the fund returned +16.7%. Nasdaq-100 (QQQ) returned +23.6% over the same days, so a holder was behind by 7.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 17.9%, paid monthly.
JEPQ in plain words
Over the year to Sep 18, 2026, JEPQ paid 11.9% of its starting value in cash distributions while its price rose 5.7%. With every distribution reinvested, the fund returned +18.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 3.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 13.6%, paid monthly.
Questions people ask
- Which is cheaper, CAIQ or JEPQ?
- CAIQ charges 0.74% a year and JEPQ charges 0.35%, so JEPQ 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.
Cite this page. ETFIQ, CAIQ against JEPQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/caiq-vs-jepq Free to use with attribution; the underlying files are at Open data.