BALI vs JEPQ: Yield, Cost and Returns Compared
As of Nov 5, 2026, JEPQ yields more: 11.71% (dividend yield) against 6.90% for BALI. BALI is cheaper to own at 0.35% a year vs 0.35%. Over the same 3 years (Sep 2023 to Oct 2026), BALI returned 20.1% a year with distributions reinvested, and JEPQ 19.1%.
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.71%dividend yield| Compared | BALI | JEPQ |
|---|---|---|
| YieldDividend yield | 6.90% | 11.71% |
| Expense ratio | 0.35% | 0.35% |
| Total return, 1 yr | +15.7% | +9.5% |
| Total return, 3 yr (a year) | +21.2% | +20.0% |
| Worst drop since Sep 2023 | -7.4% | -8.4% |
| Share price since Sep 2023 | +38% | +23% |
| Pays | Monthly | Monthly |
| Issuer | BlackRock | JPMorgan |
| Assets | $1.5B | $42.5B |
| Started | 2023 | 2022 |
| Type | Derivative Income | Derivative Income |
Higher yield
JEPQ
11.71%
Lower cost
BALI
0.35%
Better total return
BALI
20.1%/yr
Smaller worst drop
BALI
-7.4%
Key facts: BALI vs JEPQ
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, BALI yields 6.90% (dividend yield) and JEPQ yields 11.71% (dividend yield).
- BALI's expense ratio is 0.35% and JEPQ's is 0.35%: $35 vs $35 a year on $10,000.
- From Sep 2023 to Oct 2026, $10,000 in BALI grew to $17,610 (20.1% a year) and $10,000 in JEPQ to $17,155 (19.1% a year), distributions reinvested.
- Their worst month-end drops over that time: -7.4% for BALI and -8.4% for JEPQ.
- 4 of BALI's top ten holdings are also in JEPQ's top ten, an overlap of at least 22% of the fund.
Cite this page
SmarterDividends, "BALI vs JEPQ: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bali-vs-jepq
$10,000 in each, Sep 2023 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
BALI became
$17,610
20.1% a year
JEPQ became
$17,155
19.1% a year
Year by year
| Year | BALI | JEPQ |
|---|---|---|
| 2025 | +14.5% | +15.2% |
| 2024 | +22.4% | +24.8% |
Total return each calendar year, distributions reinvested.
Top holdings
4 of the top ten overlap, at least 22% of each fund.
BALI
- NVDA NVIDIA Corp6.8%
- AAPL Apple Inc6.3%
- MSFT Microsoft Corp5.4%
- XTSLA BlackRock Cash Funds Treasury SL Agency3.3%
- AMZN Amazon.com Inc3.2%
- AVGO Broadcom Inc2.1%
- GOOGL Alphabet Inc Class A2.1%
- XOM ExxonMobil Holdings Corp2.0%
JEPQ
- AAPL Apple Inc7.0%
- NVDA NVIDIA Corp7.0%
- MSFT Microsoft Corp5.6%
- MU Micron Technology Inc4.3%
- GOOG Alphabet Inc Class C4.1%
- AMZN Amazon.com Inc3.8%
- AMD Advanced Micro Devices Inc3.4%
- META Meta Platforms Inc Class A2.7%
- TSLA Tesla Inc2.4%
- WMT Walmart Inc2.0%
BALI vs JEPQ: questions
Is BALI or JEPQ better?
It depends on the job. JEPQ pays more today (11.71% vs 6.90%), BALI costs less, and BALI has the better total return over Sep 2023 to Oct 2026, with BALI holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, BALI or JEPQ?
JEPQ, at 11.71% against 6.90% for BALI as of Nov 5, 2026. On $10,000 that's about $1,171 vs $690 a year at today's rates.
Which has the better total return?
BALI. From Sep 2023 to Oct 2026, it returned 20.1% a year with distributions reinvested, against 19.1% for JEPQ. $10,000 became $17,610 vs $17,155.
Which is cheaper, BALI or JEPQ?
BALI, with a 0.35% expense ratio against 0.35%.
Do BALI and JEPQ hold the same things?
Partly. 4 of their top ten holdings match (NVDA, AAPL, MSFT, AMZN), at least 22% of each fund. Owning both doubles up on those.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. BALI leads on 4 of 5 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.