JEPQ vs QDTY: Yield, Cost and Returns Compared
As of Nov 7, 2026, QDTY yields more: 40.47% (dividend yield) against 11.80% for JEPQ. JEPQ is cheaper to own at 0.35% a year vs 1.17%. Over the same months (Feb 2025 to Oct 2026), JEPQ returned 14.1% a year with distributions reinvested, and QDTY 14.0%.
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.80%dividend yield
QDTYYieldMax Nasdaq 100 0DTE Covered Call Strategy ETF40.47%dividend yield| Compared | JEPQ | QDTY |
|---|---|---|
| YieldDividend yield | 11.80% | 40.47% |
| Expense ratio | 0.35% | 1.17% |
| Total return, 1 yr | +9.5% | +8.4% |
| Total return, 3 yr (a year) | +20.0% | — |
| Worst drop since Feb 2025 | -6.7% | -13.5% |
| Share price since Feb 2025 | +3% | −27% |
| Pays | Monthly | Weekly |
| Issuer | JPMorgan | YieldMax |
| Assets | $42.5B | $37.4M |
| Started | 2022 | 2025 |
| Type | Derivative Income | Derivative Income |
Higher yield
QDTY
40.47%
Lower cost
JEPQ
0.35%
Better total return
JEPQ
14.1%/yr
Smaller worst drop
JEPQ
-6.7%
Key facts: JEPQ vs QDTY
Data as of · Source: SmarterDividends data
- As of Nov 7, 2026, JEPQ yields 11.80% (dividend yield) and QDTY yields 40.47% (dividend yield).
- JEPQ's expense ratio is 0.35% and QDTY's is 1.17%: $35 vs $117 a year on $10,000.
- From Feb 2025 to Oct 2026, $10,000 in JEPQ grew to $12,468 (14.1% a year) and $10,000 in QDTY to $12,437 (14.0% a year), distributions reinvested.
- Their worst month-end drops over that time: -6.7% for JEPQ and -13.5% for QDTY.
- 0 of JEPQ's top ten holdings are also in QDTY's top ten.
Cite this page
SmarterDividends, "JEPQ vs QDTY: Yield, Cost and Returns Compared," updated Nov 7, 2026, https://smarterdividends.com/compare/jepq-vs-qdty
$10,000 in each, Feb 2025 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
JEPQ became
$12,468
14.1% a year
QDTY became
$12,437
14.0% 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%
QDTY
- FGXXX First American Government Obligs X0.5%
JEPQ vs QDTY: questions
Is JEPQ or QDTY better?
It depends on the job. QDTY pays more today (40.47% vs 11.80%), JEPQ costs less, and JEPQ has the better total return over Feb 2025 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 QDTY?
QDTY, at 40.47% against 11.80% for JEPQ as of Nov 7, 2026. On $10,000 that's about $4,047 vs $1,180 a year at today's rates.
Which has the better total return?
JEPQ. From Feb 2025 to Oct 2026, it returned 14.1% a year with distributions reinvested, against 14.0% for QDTY. $10,000 became $12,468 vs $12,437.
Which is cheaper, JEPQ or QDTY?
JEPQ, with a 0.35% expense ratio against 1.17%.
Do JEPQ and QDTY 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 4 of 5 measures above. For information only, not investment advice. Last fund data: Nov 7, 2026.