Data as of Nov 4, 2026.
JEPQ vs SCLZ: Dividend Yield & Total Return
Over the year to Nov 4, 2026, JEPQ paid 11.9% of its price in cash against SCLZ’s 8.5% and the two finished level on total return.
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askIQ about JEPQ and SCLZNet assets: $42.1bn on Nov 3, 2026 for JPMorgan Nasdaq Equity Premium Income ETF, and $20m on Jun 30, 2026 for Swan Enhanced Dividend Income ETF.
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% as 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, 2026.4.2 pts behind SPY
SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.
SPY
+14.8%
SCLZ
+10.6%
8.5% of it arrived as cash
4.2 pts behind SPY
Total return, distributions reinvested
4.2 pts behind SPY
SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.
SPY
+14.8%
SCLZ
+10.6%
8.5% cash
4.2 pts behind SPY
8.5% of it arrived as cash. Both charts share one scale, with zero at the line. SCLZ over 1 year: paid 8.5%, price +1.6%, total +10.6%, SPY +14.8%, −4.2 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
JEPQ costs 0.44 points a year less; their one-year returns differ by 0.2 points.
Points (pts) are percentage points.
| Measure | JEPQ | SCLZ |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +10.4% | +10.6% |
| Price change, 1 year | fell 1.9% | rose 1.6% |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | S&P 500, measured through SPY |
| Cost and size | ||
| Expense ratio | 0.35% | 0.79% |
| Net assets, JEPQ as of Nov 3, 2026 and SCLZ as of Jun 30, 2026 | $42.1bn | $20m |
| Holdings | ||
| Holdings in common | 47% | |
How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed
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 →
Risk and return
Mar 8, 2024 to Oct 30, 2026 · 138 weekly returnsEach against its own benchmark: JEPQ against QQQ, May 13, 2022 to Oct 30, 2026; SCLZ against SPY, Mar 8, 2024 to Oct 30, 2026.
From Mar 2024 to Oct 2026, JEPQ returned more: +44.3% to +35.2%. SCLZ swung less: 10.0% to 14.6%. SCLZ fell less at its worst: −10.5% to −18.5%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | JEPQ | SCLZ | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +44.3% | +35.2% | JEPQ | Price change plus distributions, reinvested. |
| Annualized | +14.8% | +12.0% | JEPQ | Total return as a yearly rate. |
| Price return | +8.3% | +11.0% | SCLZ | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 14.6% | 10.0% | SCLZ | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 10.2% | 6.9% | SCLZ | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −18.5% | −10.5% | SCLZ | Deepest fall from a high to the low after it. |
| Upside capture | 56.8% | 58.8% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 79.0% | 74.2% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.71 | 0.64 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.92 | 0.84 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.72 | 0.75 | SCLZ (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.03 | 1.09 | SCLZ (slight) | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.168 | 0.119 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.80 | 1.15 | SCLZ | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | QQQ | SPY | The ETF each fund is measured against. | |
| Alpha | −0.1% a year | −0.5% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.06 | −0.19 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −4.3% to +4.1% | −5.4% to +4.5% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.67 | −0.77 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 7.7% | 6.6% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 138 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, JEPQ and SCLZ hold 47% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.
half
47% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | JEPQ | SCLZ | JEPQ | SCLZ | JEPQ | SCLZ |
| 3 months | −0.9% | 0.0% | 3.0% | 2.1% | +2.6 pts | +0.2 pts |
| 6 months | +2.3% | +4.4% | 6.2% | 4.3% | +2.6 pts | −0.6 pts |
| 1 year | +10.4% | +10.6% | 11.9% | 8.5% | −1.8 pts | −4.2 pts |
| 3 years | +66.7% | – | 38.3% | – | −24.7 pts | – |
| Since launchNot the same days: JEPQ May 2022 · SCLZ Feb 2024 | +85.2% | +35.4% | 51.4% | 21.2% | −30.6 pts | −20.8 pts |
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No client brief for this pair: the two funds' holdings are dated 126 days apart.
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.
SCLZ
Over the year to Nov 4, 2026, SCLZ paid 8.5% of its starting value in cash distributions while its price rose 1.6%. With every distribution reinvested, the fund returned +10.6%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.7%, paid monthly.
Questions people ask
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.
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 SCLZ, data as of Nov 4, 2026. https://etfiq.com/compare/income/jepq-vs-sclz
ETFIQ. (Nov 4, 2026). JEPQ against SCLZ. Retrieved from https://etfiq.com/compare/income/jepq-vs-sclz
[JEPQ against SCLZ (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/jepq-vs-sclz)
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