Compare / JEPI vs JEPQ

JEPI vs JEPQ: Which Pays More, and Which Returned More?

JPMorgan’s two premium income giants: S&P 500 defensive vs Nasdaq growth tilt.

Side by Side

JEPI vs JEPQ

JEPIJEPQ
ProviderETFETF
Price$56.71$59.39
Forward yield8.3%11.2%
Trailing 12-month yield8.1%10.5%
Payout frequencymonthlymonthly
Next ex-dateJul 31, 2026Jul 31, 2026
1-year total return (DRIP)+8.2%+22.5%
Total return since May 4, 2022 (DRIP)+37.3%+84.6%
Annualized return (DRIP)+7.9%+15.9%
Price-only return (no dividends)-4.4%+16.2%

JEPI vs JEPQ

$10,000 invested May 4, 2022 to Jul 2, 2026, all dividends reinvested

JEPI (this fund)
$13,729
+37.3% total
JEPQ
$18,457
+84.6% total
An honest yardstick for income funds: high distributions can still trail simply holding a broad index. All series use actual prices and distributions with reinvestment on the ex-date.

JEPI vs JEPQ: Common Questions

Which pays a higher yield, JEPI or JEPQ?

Based on recent distributions annualized against the current price, JEPI has a forward yield of about 8.3% and JEPQ about 11.2%, so JEPQ currently pays the higher yield. Distribution rates change over time, especially for option income funds.

Which had the better total return, JEPI or JEPQ?

From May 4, 2022 to Jul 2, 2026, $10,000 with all distributions reinvested grew to $13,729 in JEPI (+37.3%) versus $18,457 in JEPQ (+84.6%). JEPQ had the better total return over this shared window. Past performance does not predict future results.

How often do JEPI and JEPQ pay distributions?

JEPI pays monthly and JEPQ pays monthly. Check each fund page for the next expected ex-dividend date.

Related Comparisons

All figures are computed from split-adjusted prices and actual distributions with reinvestment on the ex-date, over the longest window both funds share (up to 5 years). Nothing on this page is investment advice. See how these numbers are calculated.