JEPQ vs XYLD: Yield, Cost and Returns Compared
As of Nov 9, 2026, JEPQ yields more: 11.80% (dividend yield) against 10.55% for XYLD. 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 XYLD 9.7%.
JEPQJPMorgan Nasdaq Equity Premium Income ETF11.80%dividend yield
XYLDGlobal X S&P 500 Covered Call ETF10.55%dividend yield| Compared | JEPQ | XYLD |
|---|---|---|
| YieldDividend yield | 11.80% | 10.55% |
| Expense ratio | 0.35% | 0.60% |
| Total return, 1 yr | +9.5% | +14.5% |
| Total return, 3 yr (a year) | +20.0% | +14.2% |
| Total return, 5 yr (a year) | — | +7.2% |
| Total return, 10 yr (a year) | — | +8.6% |
| Worst drop since May 2022 | -13.5% | -11.4% |
| Share price since May 2022 | +17% | −7% |
| Pays | Monthly | Monthly |
| Issuer | JPMorgan | Global X |
| Assets | $42.5B | $3.4B |
| Started | 2022 | 2013 |
| Type | Derivative Income | Derivative Income |
Higher yield
JEPQ
11.80%
Lower cost
JEPQ
0.35%
Better total return
JEPQ
15.9%/yr
Smaller worst drop
XYLD
-11.4%
Key facts: JEPQ vs XYLD
Data as of · Source: SmarterDividends data
- As of Nov 9, 2026, JEPQ yields 11.80% (dividend yield) and XYLD yields 10.55% (dividend yield).
- JEPQ's expense ratio is 0.35% and XYLD'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 XYLD to $15,038 (9.7% a year), distributions reinvested.
- Their worst month-end drops over that time: -13.5% for JEPQ and -11.4% for XYLD.
- 7 of JEPQ's top ten holdings are also in XYLD's top ten, an overlap of at least 29% of the fund.
Cite this page
SmarterDividends, "JEPQ vs XYLD: Yield, Cost and Returns Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/jepq-vs-xyld
$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
XYLD became
$15,038
9.7% a year
Year by year
| Year | JEPQ | XYLD |
|---|---|---|
| 2025 | +15.2% | +8.0% |
| 2024 | +24.8% | +19.5% |
| 2023 | +36.3% | +11.1% |
Total return each calendar year, distributions reinvested.
Top holdings
7 of the top ten overlap, at least 29% 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%
XYLD
- AAPL Apple Inc7.7%
- NVDA NVIDIA Corp7.6%
- MSFT Microsoft Corp6.0%
- AMZN Amazon.com Inc3.6%
- GOOGL Alphabet Inc Class A2.5%
- AVGO Broadcom Inc2.4%
- META Meta Platforms Inc Class A2.1%
- GOOG Alphabet Inc Class C2.0%
- LLY Eli Lilly and Co1.7%
- TSLA Tesla Inc1.7%
JEPQ vs XYLD: questions
Is JEPQ or XYLD better?
It depends on the job. JEPQ pays more today (11.80% vs 10.55%), JEPQ costs less, and JEPQ has the better total return over May 2022 to Oct 2026, with XYLD 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 XYLD?
JEPQ, at 11.80% against 10.55% for XYLD as of Nov 9, 2026. On $10,000 that's about $1,180 vs $1,055 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 9.7% for XYLD. $10,000 became $19,205 vs $15,038.
Which is cheaper, JEPQ or XYLD?
JEPQ, with a 0.35% expense ratio against 0.60%.
Do JEPQ and XYLD hold the same things?
Partly. 7 of their top ten holdings match (AAPL, NVDA, MSFT, AMZN), at least 29% 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 4 of 6 measures above. For information only, not investment advice. Last fund data: Nov 9, 2026.