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Data as of .

FEPI vs JEPQ: which paid, and which earned it?

Over the year FEPI paid 23.4% of its price in cash against JEPQ’s 12.0%, though JEPQ returned more with it reinvested.

REX FANG & Innovation Equity Premium Income ETF and JPMorgan Nasdaq Equity Premium Income ETF, side by side, income ETFs on ETFIQ.

23.4%FEPI cash paid, 1 year
12.0%JEPQ cash paid, 1 year
+17.1%FEPI total return, 1 year
+18.9%JEPQ total return, 1 year

ETFIQ Return Stability Score: JEPQ scores higher

Was the payout funded by returns, or by your own capital?

FEPI 37.9JEPQ 65.53.2, the lowest in this set96.9, the highest

A percentile among the 161 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

FEPI5.8 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%FEPI+17.1%23.4% of it arrived as cash5.8 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%FEPI+17.1%23.4% as cash5.8 pts behind QQQ
JEPQ4.1 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%JEPQ+18.9%12.0% of it arrived as cash4.1 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%JEPQ+18.9%4.1 pts behind QQQ

What they hold in common

By the books each fund has filed, FEPI and JEPQ hold 40% of their money in the same securities at the same weight.

Positions FEPI and JEPQ both hold, largest shared weight first
HoldingFEPIJEPQ
NVIDIA CORPORATION7.76%6.68%
MICRON TECHNOLOGY, INC.8.91%5.58%
APPLE INC.5.14%5.83%
MICROSOFT CORPORATION5.19%3.90%
ADVANCED MICRO DEVICES, INC.9.98%3.87%
AMAZON.COM, INC.5.21%3.67%
TESLA, INC.7.47%2.39%
META PLATFORMS, INC.5.14%2.38%
BROADCOM INC.8.05%2.16%
INTEL CORPORATION5.24%1.62%
NETFLIX, INC.5.16%1.22%
PALANTIR TECHNOLOGIES INC.5.17%0.79%
Largest positions each one holds and the other does not
Only in FEPIOnly in JEPQ
ALPHABET INC. 8.83%Alphabet, Inc. 5.05%
United States of America 2.42%Lam Research Corp. 2.89%
Seagate Technology Holdings plc 1.93%
Walmart, Inc. 1.79%
Marvell Technology, Inc. 1.38%
Cisco Systems, Inc. 1.34%
Applied Materials, Inc. 1.31%
Palo Alto Networks, Inc. 1.19%

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

FEPI and JEPQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FEPIJEPQFEPIJEPQFEPIJEPQ
3 months+4.2%+3.3%6.1%3.4%+5.0 pts+4.1 pts
6 months+14.6%+12.6%12.1%6.6%−6.1 pts−8.1 pts
1 year+17.1%+18.9%23.4%12.0%−5.8 pts−4.1 pts
3 yearsnot published+71.5%not published37.1%not published−23.6 pts
Since launch+67.5%+90.2%66.4%49.2%−28.2 pts−32.5 pts
Open the live comparison on ETFIQ
FEPI and JEPQ on the same fields, as of Sep 11, 2026. Source: ETFIQ.
FEPI
REX FANG & Innovation Equity Premium Income ETF
Covered call on QQQ, paying weekly
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
Covered call on QQQ, paying monthly
IssuerREXJPMorgan
Strategycovered callcovered call
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyNasdaq-100 (QQQ)
Paysweeklymonthly
Payout rate, annualized25.2%13.7%
Expense ratio0.65%0.35%
Cash paid, 1 year23.4%12.0%
Price change, 1 year−8.5%+6.0%
Total return, 1 year+17.1%+18.9%
Benchmark return, 1 year+23.0%+23.0%
Ahead or behind−5.8 pts−4.1 pts
Return of capital, latest estimatenot publishednot published
Age1066 days1591 days

FEPI in plain words

Over the year to Sep 11, 2026, FEPI paid 23.4% of its starting value in cash distributions while its price fell 8.5%. With every distribution reinvested, the fund returned +17.1%. Nasdaq-100 (QQQ), used as the innovation proxy returned +23.0% over the same days, so a holder was behind by 5.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 25.2%, paid weekly.

JEPQ in plain words

Over the year to Sep 11, 2026, JEPQ paid 12.0% of its starting value in cash distributions while its price rose 6.0%. With every distribution reinvested, the fund returned +18.9%. Nasdaq-100 (QQQ) returned +23.0% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 13.7%, paid monthly.

Questions people ask

Which paid more, FEPI or JEPQ?
Over the year to Sep 11, 2026, FEPI paid 23.4% of its starting price in cash and JEPQ paid 12.0%, so FEPI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FEPI or JEPQ?
With every distribution reinvested, FEPI returned +17.1% and JEPQ returned +18.9% over the year to Sep 11, 2026, so JEPQ returned more.
Which is cheaper, FEPI or JEPQ?
FEPI charges 0.65% 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.

FEPI against JEPQ, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FEPI against JEPQ, data as of Sep 11, 2026. https://etfiq.com/compare/income/fepi-vs-jepq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources