Data as of .
JEPI vs XQQI: which paid, and which earned it?
JEPI and XQQI both write options for income.
What they hold in common
By the books each fund has filed, JEPI and XQQI hold 21% of their money in the same securities at the same weight.
| Holding | JEPI | XQQI |
|---|---|---|
| Lam Research Corp. | 1.57% | 1.67% |
| Apple, Inc. | 1.53% | 7.91% |
| NVIDIA Corp. | 1.53% | 8.70% |
| Alphabet, Inc. | 1.52% | 3.28% |
| Amazon.com, Inc. | 1.48% | 4.39% |
| Broadcom, Inc. | 1.33% | 2.75% |
| Microsoft Corp. | 1.30% | 5.94% |
| Meta Platforms, Inc. | 1.22% | 3.27% |
| Costco Wholesale Corp. | 1.12% | 1.84% |
| Walmart, Inc. | 0.92% | 2.38% |
| Analog Devices, Inc. | 1.11% | 0.86% |
| PepsiCo, Inc. | 1.21% | 0.83% |
| Only in JEPI | Only in XQQI |
|---|---|
| AbbVie, Inc. 1.74% | Micron Technology Inc 5.12% |
| Howmet Aerospace, Inc. 1.70% | Alphabet Inc 3.02% |
| Johnson & Johnson 1.68% | Tesla Inc 3.01% |
| Eaton Corp. plc 1.64% | Intel Corp 2.44% |
| Trane Technologies plc 1.62% | Cisco Systems Inc 1.91% |
| NextEra Energy, Inc. 1.50% | Palantir Technologies Inc 1.86% |
| EOG Resources, Inc. 1.46% | Applied Materials Inc 1.60% |
| 3M Co. 1.43% | Palo Alto Networks Inc 1.36% |
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 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JEPI | XQQI | JEPI | XQQI | JEPI | XQQI | |
| 3 months | +2.3% | −2.7% | 2.0% | 4.8% | 0.0 pts | −0.2 pts |
| 6 months | +4.6% | +21.8% | 4.3% | 11.4% | −13.5 pts | −2.4 pts |
| 1 year | +7.0% | not published | 8.1% | not published | −9.5 pts | not published |
| 3 years | +29.4% | not published | 24.6% | not published | −49.0 pts | not published |
| Since launch | +92.6% | +14.3% | 60.9% | 13.7% | −89.9 pts | −2.9 pts |
| JEPI JPMorgan Equity Premium Income ETF Covered call on SPY, paying monthly | XQQI NEOS Boosted Nasdaq-100(R) High Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | JPMorgan | NEOS |
| Strategy | covered call | option income |
| Benchmark | S&P 500 (SPY) | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.9% | 20.5% |
| Expense ratio | 0.35% | 0.98% |
| Cash paid, 1 year | 8.1% | 13.7% (since launch on Feb 3, 2026) |
| Price change, 1 year | −1.2% | −0.3% |
| Total return, 1 year | +7.0% | +14.3% (since launch on Feb 3, 2026) |
| Benchmark return, 1 year | +16.6% | +17.3% |
| Ahead or behind | −9.5 pts | −2.9 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 2311 days | 227 days |
| Net assets | $45.3bn | $351m |
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.
XQQI in plain words
Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XQQI paid 13.7% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +14.3%. Nasdaq-100 (QQQ) returned +17.3% over the same days, so a holder was behind by 2.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.5%, paid monthly. NEOS estimates that 100% of the distribution paid Jul 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, JEPI or XQQI?
- JEPI charges 0.35% a year and XQQI charges 0.98%, 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 XQQI, data as of Sep 18, 2026. https://etfiq.com/compare/income/jepi-vs-xqqi Free to use with attribution; the underlying files are at Open data.