Data as of .
GRNI vs JEPQ: which paid, and which earned it?
GRNI and JEPQ both write options for income.
What they hold in common
By the books each fund has filed, GRNI and JEPQ hold 28% of their money in the same securities at the same weight.
| Holding | GRNI | JEPQ |
|---|---|---|
| Advanced Micro Devices Inc | 4.11% | 3.87% |
| Amazon.com Inc | 2.99% | 3.67% |
| Alphabet Inc | 2.96% | 5.05% |
| NVIDIA Corp | 2.46% | 6.68% |
| Apple Inc | 2.39% | 5.83% |
| Microsoft Corp | 2.37% | 3.90% |
| Meta Platforms Inc | 2.23% | 2.38% |
| Broadcom Inc | 2.90% | 2.16% |
| Tesla Inc | 2.14% | 2.39% |
| Netflix Inc | 2.79% | 1.22% |
| Costco Wholesale Corp | 2.37% | 1.16% |
| Palantir Technologies Inc | 2.36% | 0.79% |
| Only in GRNI | Only in JEPQ |
|---|---|
| Quanta Services Inc 3.23% | Micron Technology, Inc. 5.58% |
| GE Vernova Inc 3.08% | Lam Research Corp. 2.89% |
| Arista Networks Inc 2.86% | Seagate Technology Holdings plc 1.93% |
| Caterpillar Inc 2.73% | Walmart, Inc. 1.79% |
| Bank of New York Mellon Corp/T 2.61% | Intel Corp. 1.62% |
| ONEOK Inc 2.49% | Marvell Technology, Inc. 1.38% |
| Air Products and Chemicals Inc 2.48% | Cisco Systems, Inc. 1.34% |
| Cadence Design Systems Inc 2.47% | Applied Materials, Inc. 1.31% |
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 | |||
|---|---|---|---|---|---|---|
| GRNI | JEPQ | GRNI | JEPQ | GRNI | JEPQ | |
| 3 months | +2.1% | +1.6% | 2.5% | 3.3% | −0.2 pts | +4.1 pts |
| 6 months | +16.3% | +15.1% | 5.4% | 6.7% | −1.8 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 | +14.5% | +91.7% | 7.8% | 49.2% | −2.1 pts | −33.0 pts |
| GRNI Fundstrat Granny Shots US Large Cap & Income ETF Option income on SPY, paying monthly | JEPQ JPMorgan Nasdaq Equity Premium Income ETF Covered call on QQQ, paying monthly | |
|---|---|---|
| Issuer | Fundstrat | JPMorgan |
| Strategy | option income | covered call |
| Benchmark | S&P 500 (SPY) | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 10.0% | 13.6% |
| Expense ratio | 0.99% | 0.35% |
| Cash paid, 1 year | 7.8% (since launch on Nov 18, 2025) | 11.9% |
| Price change, 1 year | +6.2% | +5.7% |
| Total return, 1 year | +14.5% (since launch on Nov 18, 2025) | +18.5% |
| Benchmark return, 1 year | +16.6% | +21.8% |
| Ahead or behind | −2.1 pts | −3.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 304 days | 1598 days |
| Net assets | $49m | $43.0bn |
GRNI in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, GRNI paid 7.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +14.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.0%, 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, GRNI or JEPQ?
- GRNI charges 0.99% 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, GRNI against JEPQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/grni-vs-jepq Free to use with attribution; the underlying files are at Open data.