JPMorgan Nasdaq Equity Premium Income ETF
Data as of October 30, 2026. JEPQ closed at $57.58.
JEPQ applies the JEPI approach to the Nasdaq-100. It holds a large-growth stock portfolio and sells calls through equity-linked notes. Nasdaq options carry higher premiums than S&P 500 options, so the payout is larger, and only part of the upside is sold, so it keeps more growth than QYLD.
| Issuer | J.P. Morgan Asset Management |
|---|---|
| Strategy | Actively managed; Nasdaq-100 stocks plus equity-linked notes that sell Nasdaq-100 calls |
| Category | Covered call / options income |
| Inception | May 3, 2022 |
| Annualized total return | +19.5% over one year, +21.8% a year over three years |
| Main risk | Heavy technology concentration means deep drawdowns in a tech sell-off, on top of capped upside. |
| Year | Paid per share | Change |
|---|---|---|
| 2026 (to date) | $5.28 | — |
| 2025 | $6.12 | +12.5% |
| 2024 | $5.44 | +8.8% |
| 2023 | $5.00 | +29.9% |
| 2022 | $3.85 | — |
| Recent ex-date | Amount |
|---|---|
| October 1, 2026 | $0.567 |
| September 1, 2026 | $0.683 |
| August 3, 2026 | $0.705 |
| July 1, 2026 | $0.637 |
| June 1, 2026 | $0.564 |
| May 1, 2026 | $0.591 |
Per-share cash distributions, adjusted for splits. Includes special and capital-gains distributions. Confirm exact amounts with J.P. Morgan Asset Management.
| Holding | Weight |
|---|---|
| NVIDIA Corp | 7.4% |
| Apple Inc | 6.4% |
| Microsoft Corp | 5.2% |
| Micron Technology Inc | 4.9% |
| Alphabet Inc Class C | 4.7% |
| Advanced Micro Devices Inc | 3.9% |
| Amazon.com Inc | 3.7% |
| Meta Platforms Inc Class A | 3.0% |
| Lam Research Corp | 2.1% |
| Tesla Inc | 2.0% |
| Ticker | Yield | Expense Ratio | Pays | 1Y Return | 3Y Return |
|---|---|---|---|---|---|
| QQQI | 14.77% | 0.68% | Monthly | +18.0% | n/a |
| QYLD | 11.98% | 0.60% | Monthly | +23.2% | +17.6% |
| JEPQ | 11.96% | 0.35% | Monthly | +19.5% | +21.8% |
| GPIQ | 10.62% | 0.29% | Monthly | +22.8% | n/a |
| JEPI | 7.93% | 0.35% | Monthly | +6.6% | +10.0% |
Returns assume distributions are reinvested; periods over one year are annualized.
11.96% on a trailing 12-month basis as of October 30, 2026: $6.89 of distributions per share on a $57.58 price. That is about $1,196 a year on a $10,000 investment. The yield moves with the share price and with each payment.
Yes. JEPQ pays every month. The most recent ex-dividend date in our data was October 1, 2026, at $0.567 per share.
0.35% a year, or about $35 per $10,000 invested. The cost is taken from the fund's assets, so you never see it as a separate charge.
Mostly ordinary income, because option income arrives through equity-linked notes. An IRA or 401(k) is usually the better home.
A high monthly payer for investors who want Nasdaq exposure and can stomach technology-sector swings. The main risk: heavy technology concentration means deep drawdowns in a tech sell-off, on top of capped upside. This is general information, not personal advice.