Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

JEPQ vs YSPC: which paid, and which earned it?

JEPQ and YSPC both write options for income.

JPMorgan Nasdaq Equity Premium Income ETF and YieldMax(R) [SpaceX] Option Income Strategy ETF.

11.9%JEPQ cash paid, 1 year
10.9%YSPC cash paid, 1 year
+18.5%JEPQ total return, 1 year
+6.4%YSPC total return, 1 year
JEPQ3.2 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%JEPQ+18.5%11.9% of it arrived as cash3.2 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%JEPQ+18.5%11.9% cash3.2 pts behind QQQ
YSPC5.3 pts ahead of SPY · since launch to Sep 18, 2026
SPY+1.2%YSPC+6.4%10.9% as cash5.3 pts ahead of SPYTotal return, distributions reinvestedSPY+1.2%YSPC+6.4%5.3 pts ahead of SPY

What they hold in common

By the books each fund has filed, JEPQ and YSPC hold 0% of their money in the same securities at the same weight.

Only in each
Only in JEPQOnly in YSPC
NVIDIA Corp. 6.68%United States Treasury Bill 07/08/2027 43.24%
Apple, Inc. 5.83%United States Treasury Bill 02/18/2027 34.02%
Micron Technology, Inc. 5.58%United States Treasury Note/Bond 2.375% 05/15/2027 16.09%
Alphabet, Inc. 5.05%SPCX 10/16/2026 150.01 C 6.39%
Microsoft Corp. 3.90%First American Government Obligations Fund 12/01/2031 5.82%
Advanced Micro Devices, Inc. 3.87%SPACE EX CLL OPT 09/26 162.500 0.62%
Amazon.com, Inc. 3.67%SPACE EX CLL OPT 09/26 157.500 0.07%
Lam Research Corp. 2.89%SPACE EX CLL OPT 09/26 152.500 -0.15%

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 and Sep 21, 2026.

Performance, window by window

JEPQ and YSPC over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JEPQYSPCJEPQYSPCJEPQYSPC
3 months+1.6%not published3.3%not published+4.1 ptsnot published
6 months+15.1%not published6.7%not published−9.2 ptsnot published
1 year+18.5%not published11.9%not published−3.2 ptsnot published
3 years+73.0%not published37.2%not published−25.1 ptsnot published
Since launch+91.7%+6.4%49.2%10.9%−33.0 pts+5.3 pts
Open the live comparison on ETFIQ
JEPQ and YSPC on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
Covered call on QQQ, paying monthly
YSPC
YieldMax(R) [SpaceX] Option Income Strategy ETF
Synthetic covered call on SPY, paying weekly
IssuerJPMorganYieldMax
Strategycovered callsynthetic covered call
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY), used as the proxy
Paysmonthlyweekly
Payout rate, annualized13.6%63.0%
Expense ratio0.35%1.01%
Cash paid, 1 year11.9%10.9% (since launch on Jul 15, 2026)
Price change, 1 year+5.7%−5.3%
Total return, 1 year+18.5%+6.4% (since launch on Jul 15, 2026)
Benchmark return, 1 year+21.8%+1.2%
Ahead or behind−3.2 pts+5.3 pts
Return of capital, latest estimatenot published0%
Age1598 days65 days
Net assets$43.0bn$32m

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.

YSPC in plain words

Over the period since launch on Jul 15, 2026 to Sep 18, 2026, YSPC paid 10.9% of its starting value in cash distributions while its price fell 5.3%. With every distribution reinvested, the fund returned +6.4%. S&P 500 (SPY), used as the proxy returned +1.2% over the same days, so a holder was ahead by 5.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 63.0%, paid weekly. YieldMax estimates that 0% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, JEPQ or YSPC?
JEPQ charges 0.35% a year and YSPC charges 1.01%, 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.

JEPQ against YSPC, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, JEPQ against YSPC, data as of Sep 18, 2026. https://etfiq.com/compare/income/jepq-vs-yspc Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources