JEPQ vs RYLD: Yield, Cost and Returns Compared
As of Nov 9, 2026, RYLD yields more: 12.27% (dividend yield) against 11.80% for JEPQ. JEPQ is cheaper to own at 0.35% a year vs 0.60%. Over the same 4 years (May 2022 to Oct 2026), JEPQ returned 15.9% a year with distributions reinvested, and RYLD 4.7%.
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.80%dividend yield
RYLDGlobal X Russell 2000 Covered Call ETF12.27%dividend yield| Compared | JEPQ | RYLD |
|---|---|---|
| YieldDividend yield | 11.80% | 12.27% |
| Expense ratio | 0.35% | 0.60% |
| Total return, 1 yr | +9.5% | +12.1% |
| Total return, 3 yr (a year) | +20.0% | +11.0% |
| Total return, 5 yr (a year) | — | +2.1% |
| Worst drop since May 2022 | -13.5% | -11.8% |
| Share price since May 2022 | +17% | −28% |
| Pays | Monthly | Monthly |
| Issuer | JPMorgan | Global X |
| Assets | $42.5B | $1.3B |
| Started | 2022 | 2019 |
| Type | Derivative Income | Derivative Income |
Higher yield
RYLD
12.27%
Lower cost
JEPQ
0.35%
Better total return
JEPQ
15.9%/yr
Smaller worst drop
RYLD
-11.8%
Key facts: JEPQ vs RYLD
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, JEPQ yields 11.80% (dividend yield) and RYLD yields 12.27% (dividend yield).
- JEPQ's expense ratio is 0.35% and RYLD's is 0.60%: $35 vs $60 a year on $10,000.
- From May 2022 to Oct 2026, $10,000 in JEPQ grew to $19,205 (15.9% a year) and $10,000 in RYLD to $12,227 (4.7% a year), distributions reinvested.
- Their worst month-end drops over that time: -13.5% for JEPQ and -11.8% for RYLD.
- 0 of JEPQ's top ten holdings are also in RYLD's top ten.
Cite this page
SmarterDividends, "JEPQ vs RYLD: Yield, Cost and Returns Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/jepq-vs-ryld
$10,000 in each, May 2022 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
JEPQ became
$19,205
15.9% a year
RYLD became
$12,227
4.7% a year
Year by year
| Year | JEPQ | RYLD |
|---|---|---|
| 2025 | +15.2% | +5.6% |
| 2024 | +24.8% | +10.2% |
| 2023 | +36.3% | +0.3% |
Total return each calendar year, distributions reinvested.
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%
RYLD
- RSSL Global X Russell 2000 ETF103.0%
JEPQ vs RYLD: questions
Is JEPQ or RYLD better?
It depends on the job. RYLD pays more today (12.27% vs 11.80%), JEPQ costs less, and JEPQ has the better total return over May 2022 to Oct 2026, with RYLD 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 RYLD?
RYLD, at 12.27% against 11.80% for JEPQ as of Nov 9, 2026. On $10,000 that's about $1,227 vs $1,180 a year at today's rates.
Which has the better total return?
JEPQ. From May 2022 to Oct 2026, it returned 15.9% a year with distributions reinvested, against 4.7% for RYLD. $10,000 became $19,205 vs $12,227.
Which is cheaper, JEPQ or RYLD?
JEPQ, with a 0.35% expense ratio against 0.60%.
Do JEPQ and RYLD 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. For information only, not investment advice. Last fund data: Nov 9, 2026.