Which is cheaper, JEPQ or ROCQ?

JEPQ and ROCQ both charge 0.35% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

JEPQ vs ROCQ: Dividend Yield & Total Return

JEPQ and ROCQ both write options for income.

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Net assets on Nov 3, 2026: $42.1bn for JPMorgan Nasdaq Equity Premium Income ETF and $770m for JPMorgan Nasdaq Equity Premium Yield ETF.

JEPQ on its own →ROCQ on its own →

At a glance

11.9%

JEPQ cash paid, 1 year

7.8%

ROCQ cash paid, since launch, Mar 19, 2026

+10.4%

JEPQ total return, 1 year

+11.9%

ROCQ total return, since launch, Mar 19, 2026

JEPQ · 1 year to Nov 4, 2026 1.9 pts behind QQQ

JEPQ

+10.4%

QQQ

+12.3%

1.9 pts behind QQQ

JEPQ over 1 year: paid 11.9%, price −1.9%, total +10.4%, QQQ +12.3%, −1.9 pts. Data to Nov 4, 2026.

QQQ

+12.3%

JEPQ

+10.4%

11.9% of it arrived as cash

1.9 pts behind QQQ

Total return, distributions reinvested

1.9 pts behind QQQ

JEPQ over 1 year: paid 11.9%, price −1.9%, total +10.4%, QQQ +12.3%, −1.9 pts. Data to Nov 4, 2026.

QQQ

+12.3%

JEPQ

+10.4%

11.9% cash

1.9 pts behind QQQ

11.9% of it arrived as cash. Total return, distributions reinvested. JEPQ over 1 year: paid 11.9%, price −1.9%, total +10.4%, QQQ +12.3%, −1.9 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

ROCQ · since launch to Nov 4, 2026 5.2 pts behind QQQ

ROCQ

+11.9%

QQQ

+17.1%

5.2 pts behind QQQ

ROCQ since launch: paid 7.8%, price +4.3%, total +11.9%, QQQ +17.1%, −5.2 pts. Data to Nov 4, 2026.

QQQ

+17.1%

ROCQ

+11.9%

7.8% of it arrived as cash

5.2 pts behind QQQ

Total return, distributions reinvested

5.2 pts behind QQQ

ROCQ since launch: paid 7.8%, price +4.3%, total +11.9%, QQQ +17.1%, −5.2 pts. Data to Nov 4, 2026.

QQQ

+17.1%

ROCQ

+11.9%

5.2 pts behind QQQ

7.8% of it arrived as cash. Both charts share one scale, with zero at the line. ROCQ since launch: paid 7.8%, price +4.3%, total +11.9%, QQQ +17.1%, −5.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

Both cost 0.35% a year; JEPQ is far larger, $42.1bn against $770m.

Points (pts) are percentage points.

JEPQ vs ROCQ: Dividend Yield & Total Return
Measure	JEPQ	ROCQ
Paid and earned
Measure	JEPQ	ROCQ
Total return, 1 year	+10.4%	not published
Price change	fell 1.9% (1 year)	rose 4.3% (since Mar 19, 2026)
Against its benchmark
Measure	JEPQ	ROCQ
Benchmark	Nasdaq-100, measured through QQQ	Nasdaq-100, measured through QQQ
Cost and size
Measure	JEPQ	ROCQ
Expense ratio	0.35%	0.35%
Net assets, as of Nov 3, 2026	$42.1bn	$770m
Holdings
Measure	JEPQ	ROCQ
Holdings in common	65%

Method

Risk and return

Mar 27, 2026 to Oct 30, 2026 · 31 weekly returns

JEPQ ROCQ

Return

Total return edge ROCQ +14.4% +16.8%

Price return edge ROCQ +6.4% +10.0%

Risk

Max drawdown edge JEPQ −5.7% −7.1%

Reading

From Mar 2026 to Oct 2026, ROCQ returned more: +16.8% to +14.4%. JEPQ fell less at its worst: −5.7% to −7.1%.

Full scorecard

3 measures, with how each is measured Open ↓

Risk and return: JEPQ vs ROCQ: Dividend Yield & Total Return
Measure	JEPQ	ROCQ	Edge	How it is measured
Return
Total return	+14.4%	+16.8%	ROCQ	Price change plus distributions, reinvested.
Price return	+6.4%	+10.0%	ROCQ	Price change alone, distributions left out.
Risk
Max drawdown	−5.7%	−7.1%	JEPQ	Deepest fall from a high to the low after it.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 31 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

65%

By the books each fund has filed, JEPQ and ROCQ hold 65% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

65% in common

Positions both hold · largest shared weight first JEPQ ROCQ

NVIDIA CORP COMMON STOCK 7.09% 8.94%

APPLE INC COMMON STOCK 6.76% 8.27%

MICROSOFT CORP COMMON 5.61% 7.25%

MICRON TECHNOLOGY INC 4.19% 5.12%

ALPHABET INC-CL C 4.10% 5.12%

AMAZON.COM INC COMMON 3.98% 4.95%

ADVANCED MICRO DEVICES 3.31% 4.10%

META PLATFORMS INC COMMON 2.70% 3.36%

TESLA INC COMMON STOCK 2.40% 2.99%

WALMART INC COMMON STOCK 2.03% 4.05%

BROADCOM INC COMMON 1.95% 2.71%

SPACE EXPLORATION TECHNOLOGIES CORP 1.61% 2.02%

Only in one fund ↓

Only in JEPQ

COSTCO WHOLESALE CORP 1.29%

CISCO SYSTEMS INC COMMON 1.17%

Nasdaq-100 equity-linked note 12 1.17%

Nasdaq-100 equity-linked note 13 1.17%

Nasdaq-100 equity-linked note 14 1.17%

Nasdaq-100 equity-linked note 15 1.16%

Nasdaq-100 equity-linked note 17 1.16%

Nasdaq-100 equity-linked note 11 1.15%

Only in ROCQ

JOHNSON & JOHNSON COMMON 1.00%

NORFOLK SOUTHERN CORP 0.80%

MOTOROLA SOLUTIONS INC 0.47%

EXXONMOBIL HOLDINGS CORP 0.43%

ENTERGY CORP COMMON STOCK 0.42%

THE WALT DISNEY COMPANY 0.42%

AIR PRODUCTS AND CHEMICALS INC 0.38%

INTERNATIONAL BUSINESS MACHINES CORP 0.37%

Check overlap with more funds →

Side by side

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

Issuer JPMorgan JPMorgan

Strategy covered call covered call

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

Pays monthly monthly

Payout rate, annualized 11.3% 11.6%

Expense ratio 0.35% 0.35%

Cash paid, 1 year 11.9% 7.8% (since launch, Mar 19, 2026)

Price change, 1 year −1.9% +4.3% (since launch, Mar 19, 2026)

Total return, 1 year +10.4% +11.9% (since launch, Mar 19, 2026)

Benchmark return, 1 year +12.3% +17.1% (since launch, Mar 19, 2026)

Ahead or behind −1.9 pts −5.2 pts (since launch, Mar 19, 2026)

Return of capital, latest estimate not published not published

Age 4.5 years 230 days

Net assets, as of Nov 3, 2026 $42.1bn $770m

As of Nov 4, 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 ROCQ: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	JEPQ	ROCQ	JEPQ	ROCQ	JEPQ	ROCQ
3 months	−0.9%	−3.5%	3.0%	2.7%	+2.6 pts	−0.1 pts
6 months	+2.3%	−1.2%	6.2%	5.8%	+2.6 pts	−0.8 pts
1 year	+10.4%	–	11.9%	–	−1.8 pts	–
3 years	+66.7%	–	38.3%	–	−24.7 pts	–
Since launchNot the same days: JEPQ May 2022 · ROCQ Mar 2026	+85.2%	+11.9%	51.4%	7.8%	−30.6 pts	−5.2 pts

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

Client brief

No client brief for this pair: ETFIQ prints no one-year total return for ROCQ.

Alert

About each fund

JEPQ

Over the year to Nov 4, 2026, JEPQ paid 11.9% of its starting value in cash distributions while its price fell 1.9%. With every distribution reinvested, the fund returned +10.4%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 1.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 11.3%, paid monthly.

ROCQ

Over the period from its first trade on Mar 19, 2026 to Nov 4, 2026, ROCQ paid 7.8% of its starting value in cash distributions while its price rose 4.3%. With every distribution reinvested, the fund returned +11.9%. Nasdaq-100 (QQQ) returned +17.1% over the same days, so a holder was behind by 5.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 11.6%, paid monthly.

Questions people ask

Which is cheaper, JEPQ or ROCQ?: JEPQ and ROCQ both charge 0.35% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

JEPQ vs QYLG JEPQ vs QYLD JEPQ vs QRMI JEPQ vs KIQQ ROCQ vs KIQQ ROCQ vs QQQI ROCQ vs QDTE ROCQ vs XQQI

Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →JEPQ on its own →ROCQ on its own →JEPQ dividend history →JEPQ holdings →ROCQ dividend history →ROCQ holdings →Method →Standards and sources →

Sources and dates

JEPQ and ROCQ filings on SEC EDGAR ↗

JEPQ prospectus with the expense ratio (SEC) ↗

JPMorgan website ↗

ROCQ prospectus with the expense ratio (SEC) ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

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, JEPQ against ROCQ, data as of Nov 4, 2026. https://etfiq.com/compare/income/jepq-vs-rocq

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