JEPQ vs SVOL: Yield, Cost and Returns Compared
As of Nov 5, 2026, SVOL yields more: 22.79% (dividend yield) against 11.71% for JEPQ. JEPQ is cheaper to own at 0.35% a year vs 0.78%. Over the same 4 years (May 2022 to Oct 2026), JEPQ returned 15.9% a year with distributions reinvested, and SVOL 10.2%.
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.71%dividend yield| Compared | JEPQ | SVOL |
|---|---|---|
| YieldDividend yield | 11.71% | 22.79% |
| Expense ratio | 0.35% | 0.78% |
| Total return, 1 yr | +9.5% | +11.6% |
| Total return, 3 yr (a year) | +20.0% | +8.2% |
| Total return, 5 yr (a year) | — | +7.1% |
| Worst drop since May 2022 | -13.5% | -18.5% |
| Share price since May 2022 | +17% | −30% |
| Pays | Monthly | Monthly |
| Issuer | JPMorgan | Simplify Asset Management |
| Assets | $42.5B | $500.2M |
| Started | 2022 | 2021 |
| Type | Derivative Income | Derivative Income |
Higher yield
SVOL
22.79%
Lower cost
JEPQ
0.35%
Better total return
JEPQ
15.9%/yr
Smaller worst drop
JEPQ
-13.5%
Key facts: JEPQ vs SVOL
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, JEPQ yields 11.71% (dividend yield) and SVOL yields 22.79% (dividend yield).
- JEPQ's expense ratio is 0.35% and SVOL's is 0.78%: $35 vs $78 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 SVOL to $15,368 (10.2% a year), distributions reinvested.
- Their worst month-end drops over that time: -13.5% for JEPQ and -18.5% for SVOL.
- 0 of JEPQ's top ten holdings are also in SVOL's top ten.
Cite this page
SmarterDividends, "JEPQ vs SVOL: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/jepq-vs-svol
$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
SVOL became
$15,368
10.2% a year
Year by year
| Year | JEPQ | SVOL |
|---|---|---|
| 2025 | +15.2% | +2.4% |
| 2024 | +24.8% | +6.7% |
| 2023 | +36.3% | +23.0% |
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%
SVOL
- QIS Simplify Multi-QIS Alternative ETF10.1%
- CTAP Simplify US Eq PLUS Mgd Futs Stgy ETF8.5%
- NMB Simplify National Muni Bond ETF7.4%
JEPQ vs SVOL: questions
Is JEPQ or SVOL better?
It depends on the job. SVOL pays more today (22.79% vs 11.71%), JEPQ costs less, and JEPQ has the better total return over May 2022 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 SVOL?
SVOL, at 22.79% against 11.71% for JEPQ as of Nov 5, 2026. On $10,000 that's about $2,279 vs $1,171 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 10.2% for SVOL. $10,000 became $19,205 vs $15,368.
Which is cheaper, JEPQ or SVOL?
JEPQ, with a 0.35% expense ratio against 0.78%.
Do JEPQ and SVOL 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 6 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.