JEPI vs JEPQ: Which Is the Better Dividend Stock?
As of Nov 2, 2026, JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) screens as the stronger dividend stock, winning 4 of 5 head-to-head metrics. JEPQ offers the higher yield at 11.96%, JEPI has the higher dividend-safety score, and JEPQ looks like the better value (its fair-value estimate is 96% above its share price).
Key facts: JEPI vs JEPQ
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has the higher forward dividend yield at 11.96%, versus 7.93% for JPMorgan Equity Premium Income ETF (JEPI).
- As of Nov 2, 2026, SmarterDividends grades JEPI's dividend safety C (62/100) and JEPQ's C (57/100).
- By SmarterDividends' count as of Nov 2, 2026, JEPI has raised its dividend for 1 consecutive years and JEPQ for 2.
- As of Nov 2, 2026, JEPI's fair-value estimate is 30% above its share price and JEPQ's fair-value estimate is 96% above its share price, so JEPQ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JEPI vs JEPQ: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/jepi-vs-jepq
| Metric | JEPI | JEPQ |
|---|---|---|
| Forward yield | 7.93% | 11.96% |
| Annual dividend | $4.56 | $6.89 |
| Payout ratio | — | — |
| Years of growth | 1 yr | 2 yr |
| 5-yr dividend growth | -3.1% | — |
| 5-yr total return | -5% | — |
| Dividend safety score | 62 (C) | 57 (C) |
| Fair value estimate | $74.84 | $112.94 |
| Upside to fair value | +30% | +96% |
| Frequency | monthly | monthly |
| Market cap | — | — |
| P/E ratio | 25.0 | 26.5 |
Higher yield
JEPQ
11.96%
Safer dividend
JEPI
Grade C
Faster growth
JEPI
-3.1%
Better value
JEPQ
+96% upside
JEPI vs JEPQ — FAQ
Is JEPI or JEPQ a better dividend stock?
On the data, JEPQ wins more head-to-head categories (4 vs 1). JEPQ offers the higher yield (11.96%), while JEPI has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, JEPI or JEPQ?
JEPQ has the higher forward dividend yield at 11.96%, versus 7.93% for JEPI.
Is JEPI or JEPQ safer?
JEPI has the higher dividend-safety score (62/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is JEPI or JEPQ better value right now?
As of Nov 2, 2026, JEPQ looks like the better value: its fair-value estimate is 96% above its share price (undervalued). For JEPI, its fair-value estimate is 30% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.