Data as of Oct 27, 2026.
JEPI vs QQQI: Dividend Yield & Total Return
Over the year to Oct 27, 2026, QQQI paid 13.8% of its price in cash against JEPI’s 7.9%, and returned more with it reinvested.
askIQ about this page
askIQ about JEPI and QQQI
Net assets on Oct 26, 2026: $45.8bn for JPMorgan Equity Premium Income ETF and $15.2bn for NEOS Nasdaq-100 High Income ETF.
5.9 pts behind SPY
JEPI over 1 year: paid 7.9%, price −0.6%, total +7.6%, SPY +13.5%, −5.9 pts. Data to Oct 27, 2026.
SPY
+13.5%
JEPI
+7.6%
7.9% of it arrived as cash
5.9 pts behind SPY
Total return, distributions reinvested
5.9 pts behind SPY
JEPI over 1 year: paid 7.9%, price −0.6%, total +7.6%, SPY +13.5%, −5.9 pts. Data to Oct 27, 2026.
SPY
+13.5%
JEPI
+7.6%
7.9% cash
5.9 pts behind SPY
7.9% of it arrived as cash. Total return, distributions reinvested. JEPI over 1 year: paid 7.9%, price −0.6%, total +7.6%, SPY +13.5%, −5.9 pts. Data to Oct 27, 2026.
Data to Oct 27, 2026.3.7 pts behind QQQ
QQQI over 1 year: paid 13.8%, price −3.0%, total +11.7%, QQQ +15.4%, −3.7 pts. Data to Oct 27, 2026.
QQQ
+15.4%
QQQI
+11.7%
13.8% of it arrived as cash
3.7 pts behind QQQ
Total return, distributions reinvested
3.7 pts behind QQQ
QQQI over 1 year: paid 13.8%, price −3.0%, total +11.7%, QQQ +15.4%, −3.7 pts. Data to Oct 27, 2026.
QQQ
+15.4%
QQQI
+11.7%
13.8% as cash
3.7 pts behind QQQ
13.8% of it arrived as cash. Both charts share one scale, with zero at the line. QQQI over 1 year: paid 13.8%, price −3.0%, total +11.7%, QQQ +15.4%, −3.7 pts. Data to Oct 27, 2026.
Data to Oct 27, 2026.Pair scorecard
JEPI costs 0.33 points a year less; their one-year returns differ by 4.1 points; JEPI is 3.0 times larger.
Points (pts) are percentage points.
| Measure | JEPI | QQQI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +7.6% | +11.7% |
| Price change, 1 year | fell 0.6% | fell 3.0% |
| Return of capital, issuer estimate | 100% of the Oct 23, 2026 payment | |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.35% | 0.68% |
| Net assets, as of Oct 26, 2026 | $45.8bn | $15.2bn |
| Holdings | ||
| Holdings in common | 26% | |
How much of its payouts the fund's total return covered, ranked against 165 income ETFs not writing on a single company. 100 is best. How it is computed
A percentile among the 165 income ETFs not writing on a single company. One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Holdings in common uses holdings dated Oct 26, 2026 and Oct 27, 2026. Method
Risk and return
Feb 9, 2024 to Oct 23, 2026 · 141 weekly returnsEach against its own benchmark: JEPI against SPY, May 29, 2020 to Oct 23, 2026; QQQI against QQQ, Feb 9, 2024 to Oct 23, 2026.
QQQI returned more: +52.7% to +25.0%. JEPI swung less: 9.0% to 16.0%. JEPI fell less at its worst: −11.5% to −18.4%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | JEPI | QQQI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +25.0% | +52.7% | QQQI | Price change plus distributions, reinvested. |
| Annualized | +8.6% | +16.9% | QQQI | Total return as a yearly rate. |
| Price return | +1.2% | +3.2% | QQQI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 9.0% | 16.0% | JEPI | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 6.7% | 10.8% | JEPI | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −11.5% | −18.4% | JEPI | Deepest fall from a high to the low after it. |
| Upside capture | 42.2% | 69.5% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 59.6% | 85.4% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.57 | 0.79 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.75 | 0.98 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.47 | 0.79 | QQQI | Return above Treasury bills per unit of volatility. |
| Sortino | 0.64 | 1.16 | QQQI | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.133 | 0.158 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.74 | 0.92 | QQQI | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | SPY | QQQ | The ETF each fund is measured against. | |
| Alpha | −0.3% a year | 0.0% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.15 | 0.01 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −4.4% to +3.8% | −3.0% to +3.0% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.73 | −0.67 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 8.7% | 4.8% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 141 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, JEPI and QQQI hold 26% of their money in the same securities at the same weight. Holdings dated Oct 26, 2026 and Oct 27, 2026.
half
26% in common
Only in one fund ↓
Side by side
As of Oct 27, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | JEPI | QQQI | JEPI | QQQI | JEPI | QQQI |
| 3 months | +1.5% | +7.1% | 1.9% | 3.7% | −2.7 pts | +0.2 pts |
| 6 months | +4.3% | +7.5% | 4.0% | 7.2% | −4.4 pts | −2.4 pts |
| 1 year | +7.6% | +11.7% | 7.9% | 13.8% | −5.9 pts | −3.7 pts |
| 3 years | +40.9% | – | 26.3% | – | −53.4 pts | – |
| Since launchNot the same days: JEPI May 2020 · QQQI Jan 2024 | +97.2% | +59.7% | 61.5% | 41.2% | −88.2 pts | −12.3 pts |
– means no data for this window. Open this comparison in the app →
JEPI and QQQI are built for the same job. How do they differ in cost, holdings and results?
- Income paid. JEPI paid 7.9% and QQQI 13.8% (cash paid over 1 year, as a share of its price at the start), a gap of 5.9 points.
- What each is measured against. JEPI is measured against S&P 500 through SPY and QQQI against Nasdaq-100 through QQQ.
- Holdings in common. 26% of the weight is in the same securities (holdings dated Oct 26, 2026 and Oct 27, 2026).
Data as of Oct 27, 2026.
Free. It needs an email sign-in, once.
JEPI
Over the year to Oct 27, 2026, JEPI paid 7.9% of its starting value in cash distributions while its price fell 0.6%. With every distribution reinvested, the fund returned +7.6%. S&P 500 (SPY) returned +13.5% over the same days, so a holder was behind by 5.9 pts. At its price on Oct 27, 2026 the latest distribution annualizes to 7.2%, paid monthly.
QQQI
Over the year to Oct 27, 2026, QQQI paid 13.8% of its starting value in cash distributions while its price fell 3.0%. With every distribution reinvested, the fund returned +11.7%. Nasdaq-100 (QQQ) returned +15.4% over the same days, so a holder was behind by 3.7 pts. At its price on Oct 27, 2026 the latest distribution annualizes to 14.1%, paid monthly. NEOS estimates that 100% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, JEPI against QQQI, data as of Oct 27, 2026. https://etfiq.com/compare/income/jepi-vs-qqqi
ETFIQ. (Oct 27, 2026). JEPI against QQQI. Retrieved from https://etfiq.com/compare/income/jepi-vs-qqqi
[JEPI against QQQI (ETFIQ, Oct 27, 2026)](https://etfiq.com/compare/income/jepi-vs-qqqi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.