Data as of .
JEPQ vs SCLZ: which paid, and which earned it?
Over the year JEPQ paid 11.9% of its price in cash against SCLZ’s 8.4%, 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 SCLZ hold 49% of their money in the same securities at the same weight.
| Holding | JEPQ | SCLZ |
|---|---|---|
| NVIDIA Corp. | 6.68% | 5.99% |
| Apple, Inc. | 5.83% | 6.15% |
| Micron Technology, Inc. | 5.58% | 7.89% |
| Alphabet, Inc. | 5.05% | 5.18% |
| Advanced Micro Devices, Inc. | 3.87% | 5.14% |
| Microsoft Corp. | 3.90% | 3.71% |
| Amazon.com, Inc. | 3.67% | 3.75% |
| Meta Platforms, Inc. | 2.38% | 3.34% |
| Broadcom, Inc. | 2.16% | 4.71% |
| Tesla, Inc. | 2.39% | 1.80% |
| Walmart, Inc. | 1.79% | 1.48% |
| Cisco Systems, Inc. | 1.34% | 3.01% |
| Only in JEPQ | Only in SCLZ |
|---|---|
| Lam Research Corp. 2.89% | ELI LILLY & COMPANY 3.86% |
| Seagate Technology Holdings plc 1.93% | JP MORGAN CHASE & COMPANY 3.50% |
| Intel Corp. 1.62% | BERKSHIRE HATHAWAY INC 3.10% |
| Marvell Technology, Inc. 1.38% | GE AEROSPACE 2.74% |
| Applied Materials, Inc. 1.31% | JOHNSON & JOHNSON 2.41% |
| Palo Alto Networks, Inc. 1.19% | VISA INC 2.27% |
| Citigroup Global Markets Holdings, Inc. 1.14% | EXXON MOBIL CORP 1.92% |
| Toronto-Dominion Bank (The) 1.14% | CATERPILLAR INC 1.84% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JEPQ | SCLZ | JEPQ | SCLZ | JEPQ | SCLZ | |
| 3 months | +1.6% | +2.9% | 3.3% | 2.1% | +4.1 pts | −3.6 pts |
| 6 months | +15.1% | +14.2% | 6.7% | 3.8% | −9.2 pts | +1.6 pts |
| 1 year | +18.5% | +13.2% | 11.9% | 8.4% | −3.2 pts | −14.0 pts |
| 3 years | +73.0% | not published | 37.2% | not published | −25.1 pts | not published |
| Since launch | +91.7% | +36.5% | 49.2% | 19.6% | −33.0 pts | −6.3 pts |
| JEPQ JPMorgan Nasdaq Equity Premium Income ETF Covered call on QQQ, paying monthly | SCLZ Swan Enhanced Dividend Income ETF Dividend stocks with call overlay on SCHD, paying monthly | |
|---|---|---|
| Issuer | JPMorgan | Swan |
| Strategy | covered call | dividend stocks with call overlay |
| Benchmark | Nasdaq-100 (QQQ) | US dividend stocks (SCHD), used as the dividend proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 13.6% | 8.5% |
| Expense ratio | 0.35% | 0.79% |
| Cash paid, 1 year | 11.9% | 8.4% |
| Price change, 1 year | +5.7% | +4.1% |
| Total return, 1 year | +18.5% | +13.2% |
| Benchmark return, 1 year | +21.8% | +27.2% |
| Ahead or behind | −3.2 pts | −14.0 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1598 days | 934 days |
| Net assets | $43.0bn | $20m |
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.
SCLZ in plain words
Over the year to Sep 18, 2026, SCLZ paid 8.4% of its starting value in cash distributions while its price rose 4.1%. With every distribution reinvested, the fund returned +13.2%. US dividend stocks (SCHD), used as the dividend proxy returned +27.2% over the same days, so a holder was behind by 14.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.5%, paid monthly.
Questions people ask
- Which paid more, JEPQ or SCLZ?
- Over the year to Sep 18, 2026, JEPQ paid 11.9% of its starting price in cash and SCLZ paid 8.4%, 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 SCLZ?
- With every distribution reinvested, JEPQ returned +18.5% and SCLZ returned +13.2% over the year to Sep 18, 2026, so JEPQ returned more.
- Which is cheaper, JEPQ or SCLZ?
- JEPQ charges 0.35% a year and SCLZ charges 0.79%, 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 SCLZ, data as of Sep 18, 2026. https://etfiq.com/compare/income/jepq-vs-sclz Free to use with attribution; the underlying files are at Open data.