DIVO vs JEPQ: Yield, Cost and Returns Compared
As of Nov 8, 2026, JEPQ yields more: 11.80% (dividend yield) against 6.49% for DIVO. JEPQ is cheaper to own at 0.35% a year vs 0.56%. Over the same 4 years (May 2022 to Oct 2026), JEPQ returned 15.9% a year with distributions reinvested, and DIVO 12.1%.
DIVOAmplify CWP Enhanced Dividend Income ETF6.49%dividend yield
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.80%dividend yield| Compared | DIVO | JEPQ |
|---|---|---|
| YieldDividend yield | 6.49% | 11.80% |
| Expense ratio | 0.56% | 0.35% |
| Total return, 1 yr | +12.5% | +9.5% |
| Total return, 3 yr (a year) | +17.6% | +20.0% |
| Total return, 5 yr (a year) | +10.5% | — |
| Worst drop since May 2022 | -9.6% | -13.5% |
| Share price since May 2022 | +32% | +17% |
| Pays | Monthly | Monthly |
| Issuer | Amplify | JPMorgan |
| Assets | $8.0B | $42.5B |
| Started | 2016 | 2022 |
| Type | Derivative Income | Derivative Income |
Higher yield
JEPQ
11.80%
Lower cost
JEPQ
0.35%
Better total return
JEPQ
15.9%/yr
Smaller worst drop
DIVO
-9.6%
Key facts: DIVO vs JEPQ
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, DIVO yields 6.49% (dividend yield) and JEPQ yields 11.80% (dividend yield).
- DIVO's expense ratio is 0.56% and JEPQ's is 0.35%: $56 vs $35 a year on $10,000.
- From May 2022 to Oct 2026, $10,000 in DIVO grew to $16,561 (12.1% a year) and $10,000 in JEPQ to $19,205 (15.9% a year), distributions reinvested.
- Their worst month-end drops over that time: -9.6% for DIVO and -13.5% for JEPQ.
- 2 of DIVO's top ten holdings are also in JEPQ's top ten, an overlap of at least 11% of the fund.
Cite this page
SmarterDividends, "DIVO vs JEPQ: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/divo-vs-jepq
$10,000 in each, May 2022 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
DIVO became
$16,561
12.1% a year
JEPQ became
$19,205
15.9% a year
Year by year
| Year | DIVO | JEPQ |
|---|---|---|
| 2025 | +17.4% | +15.2% |
| 2024 | +16.2% | +24.8% |
| 2023 | +7.0% | +36.3% |
Total return each calendar year, distributions reinvested.
Top holdings
2 of the top ten overlap, at least 11% of each fund.
DIVO
- MSFT Microsoft Corp5.9%
- AMGN Amgen Inc5.7%
- V Visa Inc Class A5.4%
- AGPXX Invesco Shrt-Trm Inv Gov&Agcy Instl5.3%
- AAPL Apple Inc5.1%
- JPM JPMorgan Chase & Co4.9%
- GS The Goldman Sachs Group Inc4.9%
- CAT Caterpillar Inc4.5%
- SOFR Amplify Samsung SOFR ETF4.2%
- AXP American Express Co4.1%
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%
DIVO vs JEPQ: questions
Is DIVO or JEPQ better?
It depends on the job. JEPQ pays more today (11.80% vs 6.49%), JEPQ costs less, and JEPQ has the better total return over May 2022 to Oct 2026, with DIVO 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, DIVO or JEPQ?
JEPQ, at 11.80% against 6.49% for DIVO as of Nov 8, 2026. On $10,000 that's about $1,180 vs $649 a year at today's rates.
Which has the better total return?
JEPQ. From May 2022 to Oct 2026, it returned 15.9% a year with distributions reinvested, against 12.1% for DIVO. $10,000 became $19,205 vs $16,561.
Which is cheaper, DIVO or JEPQ?
JEPQ, with a 0.35% expense ratio against 0.56%.
Do DIVO and JEPQ hold the same things?
Partly. 2 of their top ten holdings match (MSFT, AAPL), at least 11% 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. For information only, not investment advice. Last fund data: Nov 8, 2026.