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Data as of .

JEPI vs QDTE: which paid, and which earned it?

Over the year QDTE paid 36.8% of its price in cash against JEPI’s 8.0%, and returned more with it reinvested.

JPMorgan Equity Premium Income ETF and Roundhill Innovation-100 0DTE Covered Call Strategy ETF, side by side, income ETFs on ETFIQ.

8.0%JEPI cash paid, 1 year
36.8%QDTE cash paid, 1 year
+7.2%JEPI total return, 1 year
+22.3%QDTE total return, 1 year

ETFIQ Return Stability Score: QDTE scores higher

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

JEPI 42.5QDTE 44.73.2, the lowest in this set96.9, the highest

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

JEPI10.3 pts behind SPY · 1 year to Sep 11, 2026
SPY+17.5%JEPI+7.2%8.0% of it arrived as cash10.3 pts behind SPYTotal return, distributions reinvestedSPY+17.5%JEPI+7.2%10.3 pts behind SPY
QDTE0.7 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%QDTE+22.3%36.8% of it arrived as cash0.7 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%QDTE+22.3%36.8% as cash0.7 pts behind QQQ

What they hold in common

By the books each fund has filed, JEPI and QDTE hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in JEPIOnly in QDTE
AbbVie, Inc. 1.74%NDX 03/19/2027 2510.15 C 26.01%
Howmet Aerospace, Inc. 1.70%4NDX US 12/18/26 C2450.1 FLX 25.19%
Johnson & Johnson 1.68%NDX 06/11/2027 3059.42 C 22.18%
Eaton Corp. plc 1.64%4NDX US 09/18/26 C2250 FLX 18.27%
Trane Technologies plc 1.62%Roundhill Weekly T-Bill ETF 5.05%
Lam Research Corp. 1.57%First American Government Obligations Fu 3.30%
Apple, Inc. 1.53%
NVIDIA Corp. 1.53%

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 Sep 11, 2026.

Performance, window by window

JEPI and QDTE over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JEPIQDTEJEPIQDTEJEPIQDTE
3 months+3.1%+1.0%2.0%7.8%−0.2 pts+1.8 pts
6 months+3.5%+16.9%4.2%15.9%−12.5 pts−3.8 pts
1 year+7.2%+22.3%8.0%36.8%−10.3 pts−0.7 pts
3 years+30.3%not published24.6%not published−47.6 ptsnot published
Since launch+94.0%+58.3%60.9%73.8%−88.7 pts−4.3 pts
Open the live comparison on ETFIQ
JEPI and QDTE on the same fields, as of Sep 11, 2026. Source: ETFIQ.
JEPI
JPMorgan Equity Premium Income ETF
Covered call on SPY, paying monthly
QDTE
Roundhill Innovation-100 0DTE Covered Call Strategy ETF
0DTE covered call on QQQ, paying weekly
IssuerJPMorganRoundhill
Strategycovered call0DTE covered call
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysmonthlyweekly
Payout rate, annualized7.9%24.3%
Expense ratio0.35%0.96%
Cash paid, 1 year8.0%36.8%
Price change, 1 year−1.1%−18.5%
Total return, 1 year+7.2%+22.3%
Benchmark return, 1 year+17.5%+23.0%
Ahead or behind−10.3 pts−0.7 pts
Return of capital, latest estimatenot publishednot published
Age2304 days918 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.

QDTE in plain words

Over the year to Sep 11, 2026, QDTE paid 36.8% of its starting value in cash distributions while its price fell 18.5%. With every distribution reinvested, the fund returned +22.3%. Nasdaq-100 (QQQ) returned +23.0% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 24.3%, paid weekly.

Questions people ask

Which paid more, JEPI or QDTE?
Over the year to Sep 11, 2026, JEPI paid 8.0% of its starting price in cash and QDTE paid 36.8%, so QDTE 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 QDTE?
With every distribution reinvested, JEPI returned +7.2% and QDTE returned +22.3% over the year to Sep 11, 2026, so QDTE returned more.
Which is cheaper, JEPI or QDTE?
JEPI charges 0.35% a year and QDTE charges 0.96%, 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.

JEPI against QDTE, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, JEPI against QDTE, data as of Sep 11, 2026. https://etfiq.com/compare/income/jepi-vs-qdte Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources