Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

Over the year JEPQ paid 11.9% of its price in cash against IQQQ’s 6.5%, and returned more with it reinvested.

ProShares Nasdaq-100 High Income ETF and JPMorgan Nasdaq Equity Premium Income ETF.

6.5%IQQQ cash paid, 1 year
11.9%JEPQ cash paid, 1 year
+17.7%IQQQ total return, 1 year
+18.5%JEPQ total return, 1 year

ETFIQ Return Stability Score: IQQQ scores higher

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

IQQQ 69.7JEPQ 64.23.8, the lowest in this set96.8, the highest

A percentile among the 173 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

IQQQ4.1 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%IQQQ+17.7%6.5% as cash4.1 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%IQQQ+17.7%4.1 pts behind QQQ
JEPQ3.2 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%JEPQ+18.5%11.9% of it arrived as cash3.2 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%JEPQ+18.5%11.9% cash3.2 pts behind QQQ

What they hold in common

By the books each fund has filed, IQQQ and JEPQ hold 68% of their money in the same securities at the same weight.

Positions IQQQ and JEPQ both hold, largest shared weight first
HoldingIQQQJEPQ
NVIDIA Corp.7.54%6.68%
Apple, Inc.6.74%5.83%
Micron Technology, Inc.4.44%5.58%
Microsoft Corp.4.92%3.90%
Amazon.com, Inc.4.27%3.67%
Advanced Micro Devices, Inc.3.41%3.87%
Alphabet, Inc.3.25%5.05%
Tesla, Inc.3.20%2.39%
Meta Platforms, Inc.2.74%2.38%
Broadcom, Inc.3.11%2.16%
Walmart, Inc.2.30%1.79%
Intel Corp.2.33%1.62%
Only in each
Only in IQQQOnly in JEPQ
ProShares GENIUS Money Market ETF 7.60%Citigroup Global Markets Holdings, Inc. 1.14%
Alphabet, Inc. 3.01%Toronto-Dominion Bank (The) 1.14%
Cadence Design Systems, Inc. 0.42%BNP Paribas Issuance BV 1.14%
Fortinet, Inc. 0.41%Royal Bank of Canada 1.13%
Automatic Data Processing, Inc. 0.36%BNP Paribas Issuance BV 1.13%
Monolithic Power Systems, Inc. 0.31%Royal Bank of Canada 1.13%
American Electric Power Co., Inc. 0.28%Toronto-Dominion Bank (The) 1.12%
Cintas Corp. 0.28%Citigroup Global Markets Holdings, Inc. 1.11%

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 Jun 30, 2026 and May 31, 2026.

Performance, window by window

IQQQ and JEPQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
IQQQJEPQIQQQJEPQIQQQJEPQ
3 months−3.1%+1.6%1.8%3.3%−0.6 pts+4.1 pts
6 months+19.1%+15.1%4.2%6.7%−5.1 pts−9.2 pts
1 year+17.7%+18.5%6.5%11.9%−4.1 pts−3.2 pts
3 yearsnot published+73.0%not published37.2%not published−25.1 pts
Since launch+51.5%+91.7%24.4%49.2%−13.0 pts−33.0 pts
Open the live comparison on ETFIQ
IQQQ and JEPQ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
IQQQ
ProShares Nasdaq-100 High Income ETF
Option income on QQQ, paying monthly
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
Covered call on QQQ, paying monthly
IssuerProSharesJPMorgan
Strategyoption incomecovered call
BenchmarkNasdaq-100 (QQQ)Nasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized5.7%13.6%
Expense ratio0.97%0.35%
Cash paid, 1 year6.5%11.9%
Price change, 1 year+10.8%+5.7%
Total return, 1 year+17.7%+18.5%
Benchmark return, 1 year+21.8%+21.8%
Ahead or behind−4.1 pts−3.2 pts
Return of capital, latest estimatenot publishednot published
Age912 days1598 days
Net assets$405m$43.0bn

IQQQ in plain words

Over the year to Sep 18, 2026, IQQQ paid 6.5% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +17.7%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.7%, 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 paid more, IQQQ or JEPQ?
Over the year to Sep 18, 2026, IQQQ paid 6.5% of its starting price in cash and JEPQ paid 11.9%, so JEPQ paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, IQQQ or JEPQ?
With every distribution reinvested, IQQQ returned +17.7% and JEPQ returned +18.5% over the year to Sep 18, 2026, so JEPQ returned more.
Which is cheaper, IQQQ or JEPQ?
IQQQ charges 0.97% 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.

IQQQ against JEPQ, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IQQQ against JEPQ, data as of Sep 18, 2026. https://etfiq.com/compare/income/iqqq-vs-jepq Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources