JEPQ vs QDTE: Yield, Cost and Returns Compared
As of Nov 7, 2026, QDTE yields more: 47.62% (dividend yield) against 11.80% for JEPQ. JEPQ is cheaper to own at 0.35% a year vs 0.96%. Over the same 2 years (Mar 2024 to Oct 2026), QDTE returned 18.3% a year with distributions reinvested, and JEPQ 14.4%.
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.80%dividend yield
QDTERoundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF47.62%dividend yield| Compared | JEPQ | QDTE |
|---|---|---|
| YieldDividend yield | 11.80% | 47.62% |
| Expense ratio | 0.35% | 0.96% |
| Total return, 1 yr | +9.5% | +11.4% |
| Total return, 3 yr (a year) | +20.0% | — |
| Worst drop since Mar 2024 | -8.4% | -13.4% |
| Share price since Mar 2024 | +6% | −41% |
| Pays | Monthly | Weekly |
| Issuer | JPMorgan | Roundhill |
| Assets | $42.5B | $875.5M |
| Started | 2022 | 2024 |
| Type | Derivative Income | Derivative Income |
Higher yield
QDTE
47.62%
Lower cost
JEPQ
0.35%
Better total return
QDTE
18.3%/yr
Smaller worst drop
JEPQ
-8.4%
Key facts: JEPQ vs QDTE
Data as of · Source: SmarterDividends data
- As of Nov 7, 2026, JEPQ yields 11.80% (dividend yield) and QDTE yields 47.62% (dividend yield).
- JEPQ's expense ratio is 0.35% and QDTE's is 0.96%: $35 vs $96 a year on $10,000.
- From Mar 2024 to Oct 2026, $10,000 in JEPQ grew to $14,143 (14.4% a year) and $10,000 in QDTE to $15,453 (18.3% a year), distributions reinvested.
- Their worst month-end drops over that time: -8.4% for JEPQ and -13.4% for QDTE.
- 0 of JEPQ's top ten holdings are also in QDTE's top ten.
Cite this page
SmarterDividends, "JEPQ vs QDTE: Yield, Cost and Returns Compared," updated Nov 7, 2026, https://smarterdividends.com/compare/jepq-vs-qdte
$10,000 in each, Mar 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
JEPQ became
$14,143
14.4% a year
QDTE became
$15,453
18.3% a year
Top holdings
No overlap in the top ten.
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%
QDTE
- WEEK Roundhill Weekly T-Bill ETF5.5%
- FGXXX First American Government Obligs X3.4%
JEPQ vs QDTE: questions
Is JEPQ or QDTE better?
It depends on the job. QDTE pays more today (47.62% vs 11.80%), JEPQ costs less, and QDTE has the better total return over Mar 2024 to Oct 2026, with JEPQ 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, JEPQ or QDTE?
QDTE, at 47.62% against 11.80% for JEPQ as of Nov 7, 2026. On $10,000 that's about $4,762 vs $1,180 a year at today's rates.
Which has the better total return?
QDTE. From Mar 2024 to Oct 2026, it returned 18.3% a year with distributions reinvested, against 14.4% for JEPQ. $10,000 became $15,453 vs $14,143.
Which is cheaper, JEPQ or QDTE?
JEPQ, with a 0.35% expense ratio against 0.96%.
Do JEPQ and QDTE hold the same things?
Not at the top: none of their top ten holdings match.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. JEPQ leads on 3 of 5 measures above. For information only, not investment advice. Last fund data: Nov 7, 2026.