JEPI vs QQA: Yield, Cost and Returns Compared
As of Nov 8, 2026, QQA yields more: 10.98% (dividend yield) against 7.47% for JEPI. QQA is cheaper to own at 0.29% a year vs 0.35%. Over the same 2 years (Jul 2024 to Oct 2026), QQA returned 16.4% a year with distributions reinvested, and JEPI 8.4%.
JEPIJPMorgan Equity Premium Income ETF7.47%dividend yield
QQAInvesco QQQ Income Advantage ETF10.98%dividend yield| Compared | JEPI | QQA |
|---|---|---|
| YieldDividend yield | 7.47% | 10.98% |
| Expense ratio | 0.35% | 0.29% |
| Total return, 1 yr | +9.6% | +9.6% |
| Total return, 3 yr (a year) | +11.5% | — |
| Total return, 5 yr (a year) | +7.4% | — |
| Worst drop since Jul 2024 | -5.7% | -8.0% |
| Share price since Jul 2024 | +0% | +12% |
| Pays | Monthly | Monthly |
| Issuer | JPMorgan | Invesco |
| Assets | $46.2B | $894.0M |
| Started | 2020 | 2024 |
| Type | Derivative Income | Derivative Income |
Higher yield
QQA
10.98%
Lower cost
QQA
0.29%
Better total return
QQA
16.4%/yr
Smaller worst drop
JEPI
-5.7%
Key facts: JEPI vs QQA
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, JEPI yields 7.47% (dividend yield) and QQA yields 10.98% (dividend yield).
- JEPI's expense ratio is 0.35% and QQA's is 0.29%: $35 vs $29 a year on $10,000.
- From Jul 2024 to Oct 2026, $10,000 in JEPI grew to $12,001 (8.4% a year) and $10,000 in QQA to $14,085 (16.4% a year), distributions reinvested.
- Their worst month-end drops over that time: -5.7% for JEPI and -8.0% for QQA.
- 2 of JEPI's top ten holdings are also in QQA's top ten, an overlap of at least 4% of the fund.
Cite this page
SmarterDividends, "JEPI vs QQA: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/jepi-vs-qqa
$10,000 in each, Jul 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
JEPI became
$12,001
8.4% a year
QQA became
$14,085
16.4% a year
Top holdings
2 of the top ten overlap, at least 4% of each fund.
JEPI
- MA Mastercard Inc Class A2.0%
- AAPL Apple Inc1.9%
- MSFT Microsoft Corp1.9%
- V Visa Inc Class A1.9%
- NEE NextEra Energy Inc1.8%
- JNJ Johnson & Johnson1.8%
- EOG EOG Resources Inc1.8%
- MMM 3M Co1.8%
- JIMXX JPMorgan Prime Money Market IM1.8%
- ABBV AbbVie Inc1.8%
QQA
- IUGXX Invesco Premier US Government Money Inst20.5%
- AAPL Apple Inc6.2%
- NVDA NVIDIA Corp6.1%
- MSFT Microsoft Corp4.8%
- MU Micron Technology Inc3.4%
- AMZN Amazon.com Inc3.2%
- AMD Advanced Micro Devices Inc2.8%
- TSLA Tesla Inc2.6%
- META Meta Platforms Inc Class A2.2%
- WMT Walmart Inc2.0%
JEPI vs QQA: questions
Is JEPI or QQA better?
It depends on the job. QQA pays more today (10.98% vs 7.47%), QQA costs less, and QQA has the better total return over Jul 2024 to Oct 2026, with JEPI 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, JEPI or QQA?
QQA, at 10.98% against 7.47% for JEPI as of Nov 8, 2026. On $10,000 that's about $1,098 vs $747 a year at today's rates.
Which has the better total return?
QQA. From Jul 2024 to Oct 2026, it returned 16.4% a year with distributions reinvested, against 8.4% for JEPI. $10,000 became $14,085 vs $12,001.
Which is cheaper, JEPI or QQA?
QQA, with a 0.29% expense ratio against 0.35%.
Do JEPI and QQA hold the same things?
Partly. 2 of their top ten holdings match (AAPL, MSFT), at least 4% 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. QQA leads on 3 of 5 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.