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Data as of .

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

JANQ and JEPQ both write options for income.

Innovator Premium Income 40 Barrier ETF - January and JPMorgan Nasdaq Equity Premium Income ETF.

0.0%JANQ cash paid, 1 year
11.9%JEPQ cash paid, 1 year
0.0%JANQ total return, 1 year
+18.5%JEPQ total return, 1 year
JANQ0.8 pts behind SPY · since launch to Sep 18, 2026
SPY+0.8%JANQ0.0%0.8 pts behind SPYTotal return, distributions reinvestedSPY+0.8%JANQ0.0%0.8 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

Performance, window by window

JANQ and JEPQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JANQJEPQJANQJEPQJANQJEPQ
3 monthsnot published+1.6%not published3.3%not published+4.1 pts
6 monthsnot published+15.1%not published6.7%not published−9.2 pts
1 yearnot published+18.5%not published11.9%not published−3.2 pts
3 yearsnot published+73.0%not published37.2%not published−25.1 pts
Since launch0.0%+91.7%0.0%49.2%−0.8 pts−33.0 pts
Open the live comparison on ETFIQ
JANQ and JEPQ on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JANQ
Innovator Premium Income 40 Barrier ETF - January
Defined income on SPY
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
Covered call on QQQ, paying monthly
IssuerInnovatorJPMorgan
Strategydefined incomecovered call
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysnot establishedmonthly
Payout rate, annualizednot published13.6%
Expense ratio0.79%0.35%
Cash paid, 1 year0.0% (since launch on Sep 10, 2026)11.9%
Price change, 1 year0.0%+5.7%
Total return, 1 year0.0% (since launch on Sep 10, 2026)+18.5%
Benchmark return, 1 year+0.8%+21.8%
Ahead or behind−0.8 pts−3.2 pts
Return of capital, latest estimatenot publishednot published
Age8 days1598 days
Net assetsnot published$43.0bn

JANQ in plain words

Over the period since launch on Sep 10, 2026 to Sep 18, 2026, JANQ paid 0.0% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned 0.0%. S&P 500 (SPY) returned +0.8% over the same days, so a holder was behind by 0.8 pts.

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, JANQ or JEPQ?
JANQ 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.

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

How every figure is computed · Standards and sources