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Data as of .

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

JEPI and QVOL both write options for income.

JPMorgan Equity Premium Income ETF and Infrastructure Capital Nasdaq Option Income ETF.

8.1%JEPI cash paid, 1 year
4.2%QVOL cash paid, 1 year
+7.0%JEPI total return, 1 year
+4.3%QVOL total return, 1 year
JEPI9.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%JEPI+7.0%8.1% of it arrived as cash9.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%JEPI+7.0%9.5 pts behind SPY
QVOL2.1 pts ahead of QQQ · since launch to Sep 18, 2026
QQQ+2.1%QVOL+4.3%4.2% as cash2.1 pts ahead of QQQTotal return, distributions reinvestedQQQ+2.1%QVOL+4.3%2.1 pts ahead of QQQ

What they hold in common

By the books each fund has filed, JEPI and QVOL hold 18% of their money in the same securities at the same weight.

Positions JEPI and QVOL both hold, largest shared weight first
HoldingJEPIQVOL
Apple, Inc.1.53%2.33%
NVIDIA Corp.1.53%8.53%
Alphabet, Inc.1.52%4.70%
Amazon.com, Inc.1.48%7.61%
Lam Research Corp.1.57%1.47%
Broadcom, Inc.1.33%3.42%
Microsoft Corp.1.30%5.05%
Meta Platforms, Inc.1.22%3.14%
Cadence Design Systems, Inc.1.30%1.13%
Analog Devices, Inc.1.11%0.82%
Netflix, Inc.0.66%1.90%
Texas Instruments, Inc.0.61%1.15%
Only in each
Only in JEPIOnly in QVOL
AbbVie, Inc. 1.74%Alphabet Inc 4.69%
Howmet Aerospace, Inc. 1.70%Micron Technology Inc 4.53%
Johnson & Johnson 1.68%Marvell Technology Inc 4.30%
Eaton Corp. plc 1.64%Intel Corp 3.01%
Trane Technologies plc 1.62%ASML Holding NV 2.25%
Ross Stores, Inc. 1.52%Microchip Technology Inc 1.58%
NextEra Energy, Inc. 1.50%Applied Materials Inc 1.52%
Vertex Pharmaceuticals, Inc. 1.48%AppLovin Corp 1.43%

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 May 31, 2026.

Performance, window by window

JEPI and QVOL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JEPIQVOLJEPIQVOLJEPIQVOL
3 months+2.3%−3.7%2.0%3.0%0.0 pts−1.2 pts
6 months+4.6%not published4.3%not published−13.5 ptsnot published
1 year+7.0%not published8.1%not published−9.5 ptsnot published
3 years+29.4%not published24.6%not published−49.0 ptsnot published
Since launch+92.6%+4.3%60.9%4.2%−89.9 pts+2.1 pts
Open the live comparison on ETFIQ
JEPI and QVOL on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JEPI
JPMorgan Equity Premium Income ETF
Covered call on SPY, paying monthly
QVOL
Infrastructure Capital Nasdaq Option Income ETF
Option income on QQQ, paying monthly
IssuerJPMorganInfrastructure Capital
Strategycovered calloption income
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized7.9%12.6%
Expense ratio0.35%0.82%
Cash paid, 1 year8.1%4.2% (since launch on May 12, 2026)
Price change, 1 year−1.2%0.0%
Total return, 1 year+7.0%+4.3% (since launch on May 12, 2026)
Benchmark return, 1 year+16.6%+2.1%
Ahead or behind−9.5 pts+2.1 pts
Return of capital, latest estimatenot publishednot published
Age2311 days129 days
Net assets$45.3bn$8m

JEPI in plain words

Over the year to Sep 18, 2026, JEPI paid 8.1% of its starting value in cash distributions while its price fell 1.2%. With every distribution reinvested, the fund returned +7.0%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 9.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.9%, paid monthly.

QVOL in plain words

Over the period since launch on May 12, 2026 to Sep 18, 2026, QVOL paid 4.2% of its starting value in cash distributions while its price rose 0.0%. With every distribution reinvested, the fund returned +4.3%. Nasdaq-100 (QQQ) returned +2.1% over the same days, so a holder was ahead by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.6%, paid monthly.

Questions people ask

Which is cheaper, JEPI or QVOL?
JEPI charges 0.35% a year and QVOL charges 0.82%, 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 QVOL, 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, JEPI against QVOL, data as of Sep 18, 2026. https://etfiq.com/compare/income/jepi-vs-qvol Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources