Which is cheaper, JEPQ or ROCY?

JEPQ and ROCY 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 ROCY: Dividend Yield & Total Return

JEPQ and ROCY 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 $884m for JPMorgan Equity Premium Yield ETF.

JEPQ on its own →ROCY on its own →

At a glance

11.9%

JEPQ cash paid, 1 year

4.8%

ROCY cash paid, since launch, Mar 19, 2026

+10.4%

JEPQ total return, 1 year

+15.3%

ROCY 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.

ROCY · since launch to Nov 4, 2026 1.8 pts behind SPY

ROCY

+15.3%

SPY

+17.1%

1.8 pts behind SPY

ROCY since launch: paid 4.8%, price +10.2%, total +15.3%, SPY +17.1%, −1.8 pts. Data to Nov 4, 2026.

SPY

+17.1%

ROCY

+15.3%

4.8% as cash

1.8 pts behind SPY

Total return, distributions reinvested

1.8 pts behind SPY

ROCY since launch: paid 4.8%, price +10.2%, total +15.3%, SPY +17.1%, −1.8 pts. Data to Nov 4, 2026.

SPY

+17.1%

ROCY

+15.3%

1.8 pts behind SPY

4.8% of it arrived as cash. Both charts share one scale, with zero at the line. ROCY since launch: paid 4.8%, price +10.2%, total +15.3%, SPY +17.1%, −1.8 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 $884m.

Points (pts) are percentage points.

JEPQ vs ROCY: Dividend Yield & Total Return
Measure	JEPQ	ROCY
Paid and earned
Measure	JEPQ	ROCY
Total return, 1 year	+10.4%	not published
Price change	fell 1.9% (1 year)	rose 10.2% (since Mar 19, 2026)
Against its benchmark
Measure	JEPQ	ROCY
Benchmark	Nasdaq-100, measured through QQQ	S&P 500, measured through SPY
Cost and size
Measure	JEPQ	ROCY
Expense ratio	0.35%	0.35%
Net assets, as of Nov 3, 2026	$42.1bn	$884m
Holdings
Measure	JEPQ	ROCY
Holdings in common	45%

Method

Risk and return

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

JEPQ ROCY

Return

Total return edge ROCY +14.4% +17.4%

Price return edge ROCY +6.4% +12.9%

Risk

Max drawdown edge ROCY −5.7% −2.0%

Reading

From Mar 2026 to Oct 2026, ROCY returned more: +17.4% to +14.4%. ROCY fell less at its worst: −2.0% to −5.7%.

Full scorecard

3 measures, with how each is measured Open ↓

Risk and return: JEPQ vs ROCY: Dividend Yield & Total Return
Measure	JEPQ	ROCY	Edge	How it is measured
Return
Total return	+14.4%	+17.4%	ROCY	Price change plus distributions, reinvested.
Price return	+6.4%	+12.9%	ROCY	Price change alone, distributions left out.
Risk
Max drawdown	−5.7%	−2.0%	ROCY	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

45%

By the books each fund has filed, JEPQ and ROCY hold 45% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

45% in common

Positions both hold · largest shared weight first JEPQ ROCY

NVIDIA CORP COMMON STOCK 7.09% 8.20%

APPLE INC COMMON STOCK 6.76% 7.31%

MICROSOFT CORP COMMON 5.61% 6.59%

AMAZON.COM INC COMMON 3.98% 4.16%

META PLATFORMS INC COMMON 2.70% 2.54%

MICRON TECHNOLOGY INC 4.19% 2.11%

BROADCOM INC COMMON 1.95% 2.17%

TESLA INC COMMON STOCK 2.40% 1.39%

ADVANCED MICRO DEVICES 3.31% 1.34%

LAM RESEARCH CORP COMMON 1.58% 0.89%

SEAGATE TECHNOLOGY 1.20% 0.83%

ANALOG DEVICES INC 1.20% 0.67%

Only in one fund ↓

Only in JEPQ

ALPHABET INC-CL C 4.10%

SPACE EXPLORATION TECHNOLOGIES CORP 1.61%

PALO ALTO NETWORKS INC 1.28%

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%

Only in ROCY

ALPHABET INC-CL A 4.13%

WELLS FARGO & CO COMMON 2.02%

EXXONMOBIL HOLDINGS CORP 2.01%

ELI LILLY AND COMPANY 1.64%

PHILIP MORRIS INTERNATIONAL INC 1.34%

BANK OF AMERICA CORP 1.09%

RTX CORP 1.09%

CONOCOPHILLIPS COMMON 0.99%

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 ROCY JPMorgan Equity Premium Yield ETF · Covered call on SPY, paying monthly

Issuer JPMorgan JPMorgan

Strategy covered call covered call

Benchmark Nasdaq-100 (QQQ) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 11.3% 6.6%

Expense ratio 0.35% 0.35%

Cash paid, 1 year 11.9% 4.8% (since launch, Mar 19, 2026)

Price change, 1 year −1.9% +10.2% (since launch, Mar 19, 2026)

Total return, 1 year +10.4% +15.3% (since launch, Mar 19, 2026)

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

Ahead or behind −1.9 pts −1.8 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 $884m

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 ROCY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	JEPQ	ROCY	JEPQ	ROCY	JEPQ	ROCY
3 months	−0.9%	+1.1%	3.0%	1.6%	+2.6 pts	+1.2 pts
6 months	+2.3%	+6.5%	6.2%	3.5%	+2.6 pts	+1.5 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 · ROCY Mar 2026	+85.2%	+15.3%	51.4%	4.8%	−30.6 pts	−1.9 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 ROCY.

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.

ROCY

Over the period from its first trade on Mar 19, 2026 to Nov 4, 2026, ROCY paid 4.8% of its starting value in cash distributions while its price rose 10.2%. With every distribution reinvested, the fund returned +15.3%. S&P 500 (SPY) returned +17.1% over the same days, so a holder was behind by 1.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.6%, paid monthly.

Questions people ask

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

Other comparisons

JEPQ vs XYLD JEPQ vs DIVO JEPQ vs XRMI JEPQ vs SPYI ROCY vs QQQI ROCY vs QYLD ROCY vs QDTE ROCY vs QYLG

Where to next

Nasdaq-100 (QQQ) →S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →JEPQ on its own →ROCY on its own →JEPQ dividend history →JEPQ holdings →ROCY dividend history →ROCY holdings →Method →Standards and sources →

Sources and dates

JEPQ and ROCY filings on SEC EDGAR ↗

JEPQ prospectus with the expense ratio (SEC) ↗

JPMorgan website ↗

ROCY 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 ROCY, data as of Nov 4, 2026. https://etfiq.com/compare/income/jepq-vs-rocy

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