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Data as of .

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

Over the year JEPQ paid 11.9% of its price in cash against JANJ’s 5.0%, and returned more with it reinvested.

Innovator Premium Income 30 Barrier ETF - January and JPMorgan Nasdaq Equity Premium Income ETF.

5.0%JANJ cash paid, 1 year
11.9%JEPQ cash paid, 1 year
+5.1%JANJ total return, 1 year
+18.5%JEPQ total return, 1 year

ETFIQ Return Stability Score: JEPQ scores higher

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

JANJ 39.6JEPQ 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

JANJ11.4 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%JANJ+5.1%5.0% as cash11.4 pts behind SPYTotal return, distributions reinvestedSPY+16.6%JANJ+5.1%11.4 pts behind SPY
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, JANJ and JEPQ hold 0% of their money in the same securities at the same weight.

Only in each
Only in JANJOnly in JEPQ
TREASURY BILL 97.55%NVIDIA Corp. 6.68%
TREASURY BILL 1.23%Apple, Inc. 5.83%
TREASURY BILL 1.22%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

JANJ and JEPQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANJJEPQJANJJEPQJANJJEPQ
3 months+1.3%+1.6%1.2%3.3%−0.9 pts+4.1 pts
6 months+5.0%+15.1%2.5%6.7%−13.0 pts−9.2 pts
1 year+5.1%+18.5%5.0%11.9%−11.4 pts−3.2 pts
3 yearsnot published+73.0%not published37.2%not published−25.1 pts
Since launch+15.9%+91.7%13.2%49.2%−50.5 pts−33.0 pts
Open the live comparison on ETFIQ
JANJ and JEPQ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANJ
Innovator Premium Income 30 Barrier ETF - January
Defined income on SPY, paying quarterly
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
Covered call on QQQ, paying monthly
IssuerInnovatorJPMorgan
Strategydefined incomecovered call
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysquarterlymonthly
Payout rate, annualized5.0%13.6%
Expense ratio0.79%0.35%
Cash paid, 1 year5.0%11.9%
Price change, 1 year0.0%+5.7%
Total return, 1 year+5.1%+18.5%
Benchmark return, 1 year+16.6%+21.8%
Ahead or behind−11.4 pts−3.2 pts
Return of capital, latest estimatenot publishednot published
Age990 days1598 days
Net assets$14m$43.0bn

JANJ in plain words

Over the year to Sep 18, 2026, JANJ paid 5.0% of its starting value in cash distributions while its price fell 0.0%. With every distribution reinvested, the fund returned +5.1%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 11.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.0%, paid quarterly.

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, JANJ or JEPQ?
Over the year to Sep 18, 2026, JANJ paid 5.0% 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, JANJ or JEPQ?
With every distribution reinvested, JANJ returned +5.1% and JEPQ returned +18.5% over the year to Sep 18, 2026, so JEPQ returned more.
Which is cheaper, JANJ or JEPQ?
JANJ charges 0.79% 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.

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

How every figure is computed · Standards and sources