JEPQ vs QDVO: Yield, Cost and Returns Compared
As of Nov 8, 2026, JEPQ yields more: 11.80% (dividend yield) against 11.58% for QDVO. JEPQ is cheaper to own at 0.35% a year vs 0.56%. Over the same 2 years (Aug 2024 to Oct 2026), QDVO returned 18.0% a year with distributions reinvested, and JEPQ 15.4%.
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.80%dividend yield
QDVOAmplify CWP Growth & Income ETF11.58%dividend yield| Compared | JEPQ | QDVO |
|---|---|---|
| YieldDividend yield | 11.80% | 11.58% |
| Expense ratio | 0.35% | 0.56% |
| Total return, 1 yr | +9.5% | +6.7% |
| Total return, 3 yr (a year) | +20.0% | — |
| Worst drop since Aug 2024 | -8.4% | -8.0% |
| Share price since Aug 2024 | +6% | +15% |
| Pays | Monthly | Monthly |
| Issuer | JPMorgan | Amplify |
| Assets | $42.5B | $751.0M |
| Started | 2022 | 2024 |
| Type | Derivative Income | Derivative Income |
Higher yield
JEPQ
11.80%
Lower cost
JEPQ
0.35%
Better total return
QDVO
18.0%/yr
Smaller worst drop
QDVO
-8.0%
Key facts: JEPQ vs QDVO
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, JEPQ yields 11.80% (dividend yield) and QDVO yields 11.58% (dividend yield).
- JEPQ's expense ratio is 0.35% and QDVO's is 0.56%: $35 vs $56 a year on $10,000.
- From Aug 2024 to Oct 2026, $10,000 in JEPQ grew to $13,626 (15.4% a year) and $10,000 in QDVO to $14,324 (18.0% a year), distributions reinvested.
- Their worst month-end drops over that time: -8.4% for JEPQ and -8.0% for QDVO.
- 7 of JEPQ's top ten holdings are also in QDVO's top ten, an overlap of at least 32% of the fund.
Cite this page
SmarterDividends, "JEPQ vs QDVO: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/jepq-vs-qdvo
$10,000 in each, Aug 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
JEPQ became
$13,626
15.4% a year
QDVO became
$14,324
18.0% a year
Top holdings
7 of the top ten overlap, at least 32% of each fund.
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%
QDVO
- NVDA NVIDIA Corp10.1%
- AAPL Apple Inc9.9%
- GOOGL Alphabet Inc Class A7.1%
- MSFT Microsoft Corp6.7%
- AMZN Amazon.com Inc5.5%
- LLY Eli Lilly and Co4.3%
- MU Micron Technology Inc3.8%
- AVGO Broadcom Inc3.5%
- TSLA Tesla Inc3.5%
- META Meta Platforms Inc Class A3.5%
JEPQ vs QDVO: questions
Is JEPQ or QDVO better?
It depends on the job. JEPQ pays more today (11.80% vs 11.58%), JEPQ costs less, and QDVO has the better total return over Aug 2024 to Oct 2026, with QDVO 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 QDVO?
JEPQ, at 11.80% against 11.58% for QDVO as of Nov 8, 2026. On $10,000 that's about $1,180 vs $1,158 a year at today's rates.
Which has the better total return?
QDVO. From Aug 2024 to Oct 2026, it returned 18.0% a year with distributions reinvested, against 15.4% for JEPQ. $10,000 became $14,324 vs $13,626.
Which is cheaper, JEPQ or QDVO?
JEPQ, with a 0.35% expense ratio against 0.56%.
Do JEPQ and QDVO hold the same things?
Partly. 7 of their top ten holdings match (AAPL, NVDA, MSFT, MU), at least 32% 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. JEPQ leads on 3 of 5 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.