JEPQ vs QQA: Yield, Cost and Returns Compared
As of Nov 8, 2026, JEPQ yields more: 11.80% (dividend yield) against 10.98% for QQA. 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 JEPQ 15.5%.
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.80%dividend yield
QQAInvesco QQQ Income Advantage ETF10.98%dividend yield| Compared | JEPQ | QQA |
|---|---|---|
| YieldDividend yield | 11.80% | 10.98% |
| Expense ratio | 0.35% | 0.29% |
| Total return, 1 yr | +9.5% | +9.6% |
| Total return, 3 yr (a year) | +20.0% | — |
| Worst drop since Jul 2024 | -8.4% | -8.0% |
| Share price since Jul 2024 | +7% | +12% |
| Pays | Monthly | Monthly |
| Issuer | JPMorgan | Invesco |
| Assets | $42.5B | $894.0M |
| Started | 2022 | 2024 |
| Type | Derivative Income | Derivative Income |
Higher yield
JEPQ
11.80%
Lower cost
QQA
0.29%
Better total return
QQA
16.4%/yr
Smaller worst drop
QQA
-8.0%
Key facts: JEPQ vs QQA
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, JEPQ yields 11.80% (dividend yield) and QQA yields 10.98% (dividend yield).
- JEPQ'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 JEPQ grew to $13,828 (15.5% a year) and $10,000 in QQA to $14,085 (16.4% a year), distributions reinvested.
- Their worst month-end drops over that time: -8.4% for JEPQ and -8.0% for QQA.
- 9 of JEPQ's top ten holdings are also in QQA's top ten, an overlap of at least 33% of the fund.
Cite this page
SmarterDividends, "JEPQ vs QQA: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/jepq-vs-qqa
$10,000 in each, Jul 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
JEPQ became
$13,828
15.5% a year
QQA became
$14,085
16.4% a year
Top holdings
9 of the top ten overlap, at least 33% 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%
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%
JEPQ vs QQA: questions
Is JEPQ or QQA better?
It depends on the job. JEPQ pays more today (11.80% vs 10.98%), QQA costs less, and QQA has the better total return over Jul 2024 to Oct 2026, with QQA 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 QQA?
JEPQ, at 11.80% against 10.98% for QQA as of Nov 8, 2026. On $10,000 that's about $1,180 vs $1,098 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 15.5% for JEPQ. $10,000 became $14,085 vs $13,828.
Which is cheaper, JEPQ or QQA?
QQA, with a 0.29% expense ratio against 0.35%.
Do JEPQ and QQA hold the same things?
Partly. 9 of their top ten holdings match (AAPL, NVDA, MSFT, MU), at least 33% 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 4 of 5 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.