JEPQ vs VOO: Yield, Cost and Returns Compared
As of Nov 5, 2026, JEPQ yields more: 11.71% (dividend yield) against 1.08% for VOO. VOO is cheaper to own at 0.03% a year vs 0.35%. Over the same 4 years (May 2022 to Oct 2026), VOO returned 16.3% a year with distributions reinvested, and JEPQ 15.9%.
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.71%dividend yield
VOOVanguard S&P 500 ETF1.08%dividend yield| Compared | JEPQ | VOO |
|---|---|---|
| YieldDividend yield | 11.71% | 1.08% |
| Expense ratio | 0.35% | 0.03% |
| Total return, 1 yr | +9.5% | +12.1% |
| Total return, 3 yr (a year) | +20.0% | +23.4% |
| Total return, 5 yr (a year) | — | +12.0% |
| Total return, 10 yr (a year) | — | +15.4% |
| Worst drop since May 2022 | -13.5% | -12.9% |
| Share price since May 2022 | +17% | +83% |
| Pays | Monthly | Quarterly |
| Issuer | JPMorgan | Vanguard |
| Assets | $42.5B | $1.7T |
| Started | 2022 | 2010 |
| Type | Derivative Income | Large Blend |
Higher yield
JEPQ
11.71%
Lower cost
VOO
0.03%
Better total return
VOO
16.3%/yr
Smaller worst drop
VOO
-12.9%
Key facts: JEPQ vs VOO
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, JEPQ yields 11.71% (dividend yield) and VOO yields 1.08% (dividend yield).
- JEPQ's expense ratio is 0.35% and VOO's is 0.03%: $35 vs $3 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 VOO to $19,492 (16.3% a year), distributions reinvested.
- Their worst month-end drops over that time: -13.5% for JEPQ and -12.9% for VOO.
- 8 of JEPQ's top ten holdings are also in VOO's top ten, an overlap of at least 32% of the fund.
Cite this page
SmarterDividends, "JEPQ vs VOO: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/jepq-vs-voo
$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
VOO became
$19,492
16.3% a year
Year by year
| Year | JEPQ | VOO |
|---|---|---|
| 2025 | +15.2% | +17.8% |
| 2024 | +24.8% | +25.0% |
| 2023 | +36.3% | +26.3% |
Total return each calendar year, distributions reinvested.
Top holdings
8 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%
VOO
- NVDA NVIDIA Corp8.4%
- AAPL Apple Inc7.4%
- MSFT Microsoft Corp5.8%
- AMZN Amazon.com Inc3.7%
- GOOGL Alphabet Inc Class A3.1%
- AVGO Broadcom Inc2.5%
- GOOG Alphabet Inc Class C2.5%
- META Meta Platforms Inc Class A2.4%
- MU Micron Technology Inc1.8%
- TSLA Tesla Inc1.5%
JEPQ vs VOO: questions
Is JEPQ or VOO better?
It depends on the job. JEPQ pays more today (11.71% vs 1.08%), VOO costs less, and VOO has the better total return over May 2022 to Oct 2026, with VOO 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 VOO?
JEPQ, at 11.71% against 1.08% for VOO as of Nov 5, 2026. On $10,000 that's about $1,171 vs $108 a year at today's rates.
Which has the better total return?
VOO. From May 2022 to Oct 2026, it returned 16.3% a year with distributions reinvested, against 15.9% for JEPQ. $10,000 became $19,492 vs $19,205.
Which is cheaper, JEPQ or VOO?
VOO, with a 0.03% expense ratio against 0.35%.
Do JEPQ and VOO hold the same things?
Partly. 8 of their top ten holdings match (AAPL, NVDA, MSFT, AMZN), 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. VOO leads on 5 of 6 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.