Which paid more, JEPQ or QXQ?

Over the year to Nov 12, 2026, JEPQ paid 11.8% of its starting price in cash and QXQ paid 15.1%, so QXQ 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 QXQ?

With every distribution reinvested, JEPQ returned +8.8% and QXQ +12.1% over the year to Nov 12, 2026.

Which is cheaper, JEPQ or QXQ?

JEPQ charges 0.35% a year and QXQ charges 0.98%, so JEPQ is cheaper. Fees come from each fund's prospectus.

Data as of Nov 12, 2026.

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JEPQ vs QXQ: Dividend Yield & Total Return

Return, fees and overlap, side by side.

Return gap

+3.3 pts

1 year to Nov 12, 2026: QXQ ahead, total return

Fee gap

0.63 pts

A year: JEPQ 0.35%, QXQ 0.98%, per filings dated Jan 5, 2026 and Oct 19, 2026

Overlap

–

No book read for both funds

Net flow

–

Needs daily flows for both funds

Pair scorecard

JEPQ costs 0.63 points a year less; their one-year returns differ by 3.3 points.

Points (pts) are percentage points.

JEPQ vs QXQ: Dividend Yield & Total Return
Measure	JEPQ	QXQ
Paid and earned
Measure	JEPQ	QXQ
Total return, 1 year	+8.8%	+12.1%
Price change, 1 year	fell 3.4%	fell 4.7%
Against its benchmark
Measure	JEPQ	QXQ
Benchmark	Nasdaq-100, measured through QQQ	Nasdaq-100, measured through QQQ
Cost and size
Measure	JEPQ	QXQ
Expense ratio	0.35%	0.98%
Net assets, JEPQ as of Nov 12, 2026 and QXQ as of Aug 31, 2026	$42.5bn	$82m
Holdings
Measure	JEPQ	QXQ
Holdings in common	not published

ETFIQ Distribution Coverage Score · QXQ scores higher How much of what it paid out did its total return cover?

IQ Income Score50JEPQ52QXQ

How much of its payouts the fund's total return covered, ranked against 171 income ETFs not writing on a single company. 100 is best. How it is computed

JEPQ 50

QXQ 52

0.3, the lowest in this set 99.7, the highest

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 →

Method

Key numbers

11.8%

JEPQ cash paid, 1 year

15.1%

QXQ cash paid, 1 year

+8.8%

JEPQ total return, 1 year

+12.1%

QXQ total return, 1 year

JEPQ · 1 year to Nov 12, 2026 2.5 pts behind QQQ

JEPQ

+8.8%

QQQ

+11.3%

2.5 pts behind QQQ

JEPQ over 1 year: paid 11.8%, price −3.4%, total +8.8%, QQQ +11.3%, −2.5 pts. Data to Nov 12, 2026.

QQQ

+11.3%

JEPQ

+8.8%

11.8% of it arrived as cash

2.5 pts behind QQQ

Total return, distributions reinvested

2.5 pts behind QQQ

JEPQ over 1 year: paid 11.8%, price −3.4%, total +8.8%, QQQ +11.3%, −2.5 pts. Data to Nov 12, 2026.

QQQ

+11.3%

JEPQ

+8.8%

11.8% as cash

2.5 pts behind QQQ

11.8% of it arrived as cash. Total return, distributions reinvested. JEPQ over 1 year: paid 11.8%, price −3.4%, total +8.8%, QQQ +11.3%, −2.5 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

QXQ · 1 year to Nov 12, 2026 0.8 pts ahead of QQQ

QXQ

+12.1%

QQQ

+11.3%

0.8 pts ahead of QQQ

QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QXQ

+12.1%

15.1% of it arrived as cash

0.8 pts ahead of QQQ

Total return, distributions reinvested

0.8 pts ahead of QQQ

QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

QQQ

+11.3%

QXQ

+12.1%

15.1% as cash

0.8 pts ahead of QQQ

15.1% of it arrived as cash. Both charts share one scale, with zero at the line. QXQ over 1 year: paid 15.1%, price −4.7%, total +12.1%, QQQ +11.3%, +0.8 pts. Data to Nov 12, 2026.

Data to Nov 12, 2026.

Side by side

JEPQ JPMorgan Nasdaq Equity Premium Income ETF · Writes calls through equity-linked notes (ELNs) on the Nasdaq-100, paying monthly QXQ SGI Enhanced Nasdaq-100 ETF · Covered call on QQQ, paying quarterly

Issuer JPMorgan SGI

Strategy covered call covered call

Benchmark Nasdaq-100 (QQQ) Nasdaq-100 (QQQ)

Pays monthly quarterly

Payout rate, annualized 11.4% 1.0%

Expense ratio 0.35% 0.98%

Cash paid, 1 year 11.8% 15.1%

Price change, 1 year −3.4% −4.7%

Total return, 1 year +8.8% +12.1%

Benchmark return, 1 year +11.3% +11.3%

Ahead or behind −2.5 pts +0.8 pts

Return of capital, latest estimate not published not published

Age 4.5 years 2.4 years

Net assets, JEPQ as of Nov 12, 2026 and QXQ as of Aug 31, 2026 $42.5bn $82m

As of Nov 12, 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

Window by window: JEPQ vs QXQ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	JEPQ	QXQ	JEPQ	QXQ	JEPQ	QXQ
3 months	−3.1%	−5.4%	3.0%	0.2%	+2.8 pts	+0.5 pts
6 months	+0.7%	−3.8%	6.2%	0.5%	+4.9 pts	+0.4 pts
1 year	+8.8%	+12.1%	11.8%	15.1%	−2.6 pts	+0.8 pts
3 years	+62.3%	–	37.5%	–	−23.2 pts	–
Since launchNot the same days: JEPQ May 2022 · QXQ Jun 2024	+84.1%	+47.7%	51.4%	22.8%	−30.5 pts	+2.2 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

JEPQ

Over the year to Nov 12, 2026, JEPQ paid 11.8% of its starting value in cash distributions while its price fell 3.4%. With every distribution reinvested, the fund returned +8.8%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was behind by 2.5 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 11.4%, paid monthly.

QXQ

Over the year to Nov 12, 2026, QXQ paid 15.1% of its starting value in cash distributions while its price fell 4.7%. With every distribution reinvested, the fund returned +12.1%. Nasdaq-100 (QQQ) returned +11.3% over the same days, so a holder was ahead by 0.8 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 1.0%, paid quarterly.

Questions people ask

Which paid more, JEPQ or QXQ?: Over the year to Nov 12, 2026, JEPQ paid 11.8% of its starting price in cash and QXQ paid 15.1%, so QXQ 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 QXQ?: With every distribution reinvested, JEPQ returned +8.8% and QXQ +12.1% over the year to Nov 12, 2026.
Which is cheaper, JEPQ or QXQ?: JEPQ charges 0.35% a year and QXQ charges 0.98%, so JEPQ is cheaper. Fees come from each fund's prospectus.

Other comparisons

JEPQ vs QYLG JEPQ vs TDAQ JEPQ vs XQQI JEPQ vs QRMI QXQ vs QYLD QXQ vs KIQQ QXQ vs QQQI QXQ vs QDTE

Where to next

Nasdaq-100 (QQQ) →JEPQ on its own →QXQ on its own →JEPQ dividend history →JEPQ holdings →QXQ dividend history →Method →Standards and sources →

Sources and dates

JEPQ filings on SEC EDGAR ↗

JEPQ prospectus with the expense ratio (SEC) ↗

JPMorgan website ↗

QXQ filings on SEC EDGAR ↗

QXQ prospectus with the expense ratio (SEC) ↗

SGI website ↗

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.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, JEPQ against QXQ, data as of Nov 12, 2026. https://etfiq.com/compare/income/jepq-vs-qxq

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.

Net assets: $42.5bn on Nov 12, 2026 for JPMorgan Nasdaq Equity Premium Income ETF, and $82m on Aug 31, 2026 for SGI Enhanced Nasdaq-100 ETF.

JEPQ on its own →QXQ on its own →

Growth of 100

JEPQ and QXQ

Total return, distributions reinvested, 1 year.

JEPQ +8.8%QXQ +12.1%

Nov 12, 2025Nov 12, 2026

JEPQ +8.8%, QXQ +12.1%: QXQ +3.3 pts ahead, 1 year, Nov 12, 2025 to Nov 12, 2026.