Data as of .
JEPQ vs QRMI: which paid, and which earned it?
Over the year JEPQ paid 11.9% of its price in cash against QRMI’s 11.8%, 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 173 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, JEPQ and QRMI hold 57% of their money in the same securities at the same weight.
| Holding | JEPQ | QRMI |
|---|---|---|
| NVIDIA Corp. | 6.68% | 8.49% |
| Apple, Inc. | 5.83% | 7.78% |
| Micron Technology, Inc. | 5.58% | 5.02% |
| Microsoft Corp. | 3.90% | 5.81% |
| Amazon.com, Inc. | 3.67% | 4.33% |
| Tesla, Inc. | 2.39% | 3.03% |
| Meta Platforms, Inc. | 2.38% | 3.13% |
| Broadcom, Inc. | 2.16% | 2.69% |
| Walmart, Inc. | 1.79% | 2.27% |
| Intel Corp. | 1.62% | 2.49% |
| Lam Research Corp. | 2.89% | 1.57% |
| Cisco Systems, Inc. | 1.34% | 1.89% |
| Only in JEPQ | Only in QRMI |
|---|---|
| Alphabet, Inc. 5.05% | ADVANCED MICRO DEVICES 4.00% |
| Advanced Micro Devices, Inc. 3.87% | ALPHABET INC-CL A 3.25% |
| Seagate Technology Holdings plc 1.93% | ALPHABET INC-CL C 3.01% |
| Citigroup Global Markets Holdings, Inc. 1.14% | SPACE EXPLORATION TECHN-CL A 2.86% |
| Toronto-Dominion Bank (The) 1.14% | PALANTIR TECHNOLOGIES INC-A 1.78% |
| BNP Paribas Issuance BV 1.14% | CASH 1.06% |
| Royal Bank of Canada 1.13% | CROWDSTRIKE HOLDINGS INC - A 1.06% |
| ASML Holding NV 1.13% | SEAGATE TECHNOLOGY HOLDINGS 0.85% |
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 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JEPQ | QRMI | JEPQ | QRMI | JEPQ | QRMI | |
| 3 months | +1.6% | +0.6% | 3.3% | 3.0% | +4.1 pts | +3.1 pts |
| 6 months | +15.1% | +7.3% | 6.7% | 6.1% | −9.2 pts | −17.0 pts |
| 1 year | +18.5% | +8.5% | 11.9% | 11.8% | −3.2 pts | −13.3 pts |
| 3 years | +73.0% | +26.7% | 37.2% | 33.5% | −25.1 pts | −71.5 pts |
| Since launch | +91.7% | +10.4% | 49.2% | 40.8% | −33.0 pts | −89.1 pts |
| JEPQ JPMorgan Nasdaq Equity Premium Income ETF Covered call on QQQ, paying monthly | QRMI Global X NASDAQ 100 Risk Managed Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | JPMorgan | Global X |
| Strategy | covered call | option income |
| Benchmark | Nasdaq-100 (QQQ) | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 13.6% | 12.0% |
| Expense ratio | 0.35% | 0.60% |
| Cash paid, 1 year | 11.9% | 11.8% |
| Price change, 1 year | +5.7% | −3.8% |
| Total return, 1 year | +18.5% | +8.5% |
| Benchmark return, 1 year | +21.8% | +21.8% |
| Ahead or behind | −3.2 pts | −13.3 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 1598 days | 1849 days |
| Net assets | $43.0bn | $15m |
JEPQ in plain words
Over the year to Sep 18, 2026, JEPQ paid 11.9% of its starting value in cash distributions while its price rose 5.7%. With every distribution reinvested, the fund returned +18.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 3.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 13.6%, paid monthly.
QRMI in plain words
Over the year to Sep 18, 2026, QRMI paid 11.8% of its starting value in cash distributions while its price fell 3.8%. With every distribution reinvested, the fund returned +8.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 13.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.0%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, JEPQ or QRMI?
- Over the year to Sep 18, 2026, JEPQ paid 11.9% of its starting price in cash and QRMI paid 11.8%, 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, JEPQ or QRMI?
- With every distribution reinvested, JEPQ returned +18.5% and QRMI returned +8.5% over the year to Sep 18, 2026, so JEPQ returned more.
- Which is cheaper, JEPQ or QRMI?
- JEPQ charges 0.35% a year and QRMI charges 0.60%, so JEPQ 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, JEPQ against QRMI, data as of Sep 18, 2026. https://etfiq.com/compare/income/jepq-vs-qrmi Free to use with attribution; the underlying files are at Open data.