Data as of .
JEPI vs JEPQ: which paid, and which earned it?
Over the year JEPQ paid 12.0% of its price in cash against JEPI’s 8.0%, and returned more with it reinvested.
ETFIQ Return Stability Score: JEPQ scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, JEPI and JEPQ hold 22% of their money in the same securities at the same weight.
| Holding | JEPI | JEPQ |
|---|---|---|
| Lam Research Corp. | 1.57% | 2.89% |
| Apple, Inc. | 1.53% | 5.83% |
| NVIDIA Corp. | 1.53% | 6.68% |
| Amazon.com, Inc. | 1.48% | 3.67% |
| Broadcom, Inc. | 1.33% | 2.16% |
| Microsoft Corp. | 1.30% | 3.90% |
| Meta Platforms, Inc. | 1.22% | 2.38% |
| Costco Wholesale Corp. | 1.12% | 1.16% |
| Analog Devices, Inc. | 1.11% | 1.12% |
| Walmart, Inc. | 0.92% | 1.79% |
| PepsiCo, Inc. | 1.21% | 0.67% |
| Netflix, Inc. | 0.66% | 1.22% |
| Only in JEPI | Only in JEPQ |
|---|---|
| Howmet Aerospace, Inc. 1.70% | Micron Technology, Inc. 5.58% |
| Johnson & Johnson 1.68% | Alphabet, Inc. 5.05% |
| Trane Technologies plc 1.62% | Tesla, Inc. 2.39% |
| Alphabet, Inc. 1.52% | Seagate Technology Holdings plc 1.93% |
| EOG Resources, Inc. 1.46% | Intel Corp. 1.62% |
| 3M Co. 1.43% | Marvell Technology, Inc. 1.38% |
| RTX Corp. 1.43% | Cisco Systems, Inc. 1.34% |
| Visa, Inc. 1.42% | 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 Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JEPI | JEPQ | JEPI | JEPQ | JEPI | JEPQ | |
| 3 months | +3.1% | +3.3% | 2.0% | 3.4% | −0.2 pts | +4.1 pts |
| 6 months | +3.5% | +12.6% | 4.2% | 6.6% | −12.5 pts | −8.1 pts |
| 1 year | +7.2% | +18.9% | 8.0% | 12.0% | −10.3 pts | −4.1 pts |
| 3 years | +30.3% | +71.5% | 24.6% | 37.1% | −47.6 pts | −23.6 pts |
| Since launch | +94.0% | +90.2% | 60.9% | 49.2% | −88.7 pts | −32.5 pts |
| JEPI JPMorgan Equity Premium Income ETF Covered call on SPY, paying monthly | JEPQ JPMorgan Nasdaq Equity Premium Income ETF Covered call on QQQ, paying monthly | |
|---|---|---|
| Issuer | JPMorgan | JPMorgan |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.9% | 13.7% |
| Expense ratio | 0.35% | 0.35% |
| Cash paid, 1 year | 8.0% | 12.0% |
| Price change, 1 year | −1.1% | +6.0% |
| Total return, 1 year | +7.2% | +18.9% |
| Benchmark return, 1 year | +17.5% | +23.0% |
| Ahead or behind | −10.3 pts | −4.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 2304 days | 1591 days |
JEPI in plain words
Over the year to Sep 11, 2026, JEPI paid 8.0% of its starting value in cash distributions while its price fell 1.1%. With every distribution reinvested, the fund returned +7.2%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was behind by 10.3 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 7.9%, paid monthly.
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, JEPI or JEPQ?
- Over the year to Sep 11, 2026, JEPI paid 8.0% of its starting price in cash and JEPQ paid 12.0%, 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, JEPI or JEPQ?
- With every distribution reinvested, JEPI returned +7.2% and JEPQ returned +18.9% over the year to Sep 11, 2026, so JEPQ returned more.
- Which is cheaper, JEPI or JEPQ?
- JEPI charges 0.35% a year and JEPQ charges 0.35%, so JEPI 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, JEPI against JEPQ, data as of Sep 11, 2026. https://etfiq.com/compare/income/jepi-vs-jepq Free to use with attribution; the underlying files are at Open data.