JEPQ vs QQQI: Yield, Cost and Returns Compared
As of Nov 5, 2026, QQQI yields more: 15.36% (dividend yield) against 11.71% for JEPQ. JEPQ is cheaper to own at 0.35% a year vs 0.68%. Over the same 2 years (Jan 2024 to Oct 2026), QQQI returned 17.4% a year with distributions reinvested, and JEPQ 16.2%.
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.71%dividend yield
QQQINEOS NASDAQ-100(R) High Income ETF15.36%dividend yield| Compared | JEPQ | QQQI |
|---|---|---|
| YieldDividend yield | 11.71% | 15.36% |
| Expense ratio | 0.35% | 0.68% |
| Total return, 1 yr | +9.5% | +7.1% |
| Total return, 3 yr (a year) | +20.0% | — |
| Worst drop since Jan 2024 | -8.4% | -8.2% |
| Share price since Jan 2024 | +12% | +5% |
| Pays | Monthly | Monthly |
| Issuer | JPMorgan | Neos |
| Assets | $42.5B | $14.8B |
| Started | 2022 | 2024 |
| Type | Derivative Income | Derivative Income |
Higher yield
QQQI
15.36%
Lower cost
JEPQ
0.35%
Better total return
QQQI
17.4%/yr
Smaller worst drop
QQQI
-8.2%
Key facts: JEPQ vs QQQI
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, JEPQ yields 11.71% (dividend yield) and QQQI yields 15.36% (dividend yield).
- JEPQ's expense ratio is 0.35% and QQQI's is 0.68%: $35 vs $68 a year on $10,000.
- From Jan 2024 to Oct 2026, $10,000 in JEPQ grew to $15,122 (16.2% a year) and $10,000 in QQQI to $15,556 (17.4% a year), distributions reinvested.
- Their worst month-end drops over that time: -8.4% for JEPQ and -8.2% for QQQI.
- 9 of JEPQ's top ten holdings are also in QQQI's top ten, an overlap of at least 38% of the fund.
Cite this page
SmarterDividends, "JEPQ vs QQQI: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/jepq-vs-qqqi
$10,000 in each, Jan 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
JEPQ became
$15,122
16.2% a year
QQQI became
$15,556
17.4% a year
Top holdings
9 of the top ten overlap, at least 38% 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%
QQQI
- AAPL Apple Inc8.1%
- NVDA NVIDIA Corp8.0%
- MSFT Microsoft Corp6.3%
- MU Micron Technology Inc4.5%
- AMZN Amazon.com Inc4.2%
- AMD Advanced Micro Devices Inc3.7%
- TSLA Tesla Inc3.4%
- META Meta Platforms Inc Class A3.0%
- WMT Walmart Inc2.7%
- GOOGL Alphabet Inc Class A2.6%
JEPQ vs QQQI: questions
Is JEPQ or QQQI better?
It depends on the job. QQQI pays more today (15.36% vs 11.71%), JEPQ costs less, and QQQI has the better total return over Jan 2024 to Oct 2026, with QQQI 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 QQQI?
QQQI, at 15.36% against 11.71% for JEPQ as of Nov 5, 2026. On $10,000 that's about $1,536 vs $1,171 a year at today's rates.
Which has the better total return?
QQQI. From Jan 2024 to Oct 2026, it returned 17.4% a year with distributions reinvested, against 16.2% for JEPQ. $10,000 became $15,556 vs $15,122.
Which is cheaper, JEPQ or QQQI?
JEPQ, with a 0.35% expense ratio against 0.68%.
Do JEPQ and QQQI hold the same things?
Partly. 9 of their top ten holdings match (AAPL, NVDA, MSFT, MU), at least 38% 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 5, 2026.