JEPI vs QYLD: Dividend Yield, Total Return & Fees Compared

JPMorgan Equity Premium Income ETFNasdaq 100 Covered Call ETF

Data as of the close · refreshed automatically every trading day

Higher yieldQYLD11.50% vs 8.07%
Better 1-year total returnQYLD+24.05% vs +8.55%
Better 5-year total returnQYLD+51.18% vs +42.95%
Lower expense ratioJEPI0.35% vs 0.61%

JEPI vs QYLD at a glance

This page compares JPMorgan Equity Premium Income ETF (JEPI) with Nasdaq 100 Covered Call ETF (QYLD) using prices and distributions through September 25, 2026. The numbers update automatically after each trading session.

With dividends reinvested, QYLD has led over the last 12 months at +24.05% versus +8.55% for JEPI. QYLD currently yields 11.50% (trailing 12-month) against 8.07% for JEPI. Across five years the total-return gap is +51.18% for QYLD vs +42.95% for JEPI.

QYLD leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.

Key figures for JEPI and QYLD
MetricJEPIQYLD
Last close$56.76$18.55
Dividend yield8.07% (TTM)11.50% (TTM)
Expense ratio0.35%0.61%
Paysmonthlymonthly
Dividends, last 12 months$4.58 (12 payments)$2.13 (12 payments)
IssuerJ.P. MorganGlobal X
InceptionMay 21, 2020Dec 12, 2013

Performance: JEPI vs QYLD

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

JEPIQYLD

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
JEPIJPMorgan Equity Premium Income ETF
8.07%
+8.55%$56.76$0.371MonthlyJ.P. Morgan
QYLDNasdaq 100 Covered Call ETF
11.50%
+24.05%Best$18.55$0.177MonthlyGlobal X

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
JEPIJPMorgan Equity Premium Income ETF-1.74%+3.25%+4.35%+8.55%+13.02%+42.95%
QYLDNasdaq 100 Covered Call ETF+3.29%+6.09%+14.43%+24.05%+32.15%+51.18%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
JEPIJPMorgan Equity Premium Income ETF$0.371Sep 1, 2026+1.09%$4.58312 payoutsOct 1, 2025: $0.361Nov 3, 2025: $0.346Dec 1, 2025: $0.371Dec 31, 2025: $0.427Feb 2, 2026: $0.344Mar 2, 2026: $0.351Apr 1, 2026: $0.421May 1, 2026: $0.448Jun 1, 2026: $0.389Jul 1, 2026: $0.387Aug 3, 2026: $0.367Sep 1, 2026: $0.371
QYLDNasdaq 100 Covered Call ETF$0.177Sep 21, 2026-3.28%$2.13312 payoutsOct 20, 2025: $0.173Nov 24, 2025: $0.173Dec 22, 2025: $0.178Jan 20, 2026: $0.179Feb 23, 2026: $0.177Mar 23, 2026: $0.172Apr 20, 2026: $0.179May 18, 2026: $0.179Jun 22, 2026: $0.185Jul 20, 2026: $0.178Aug 24, 2026: $0.183Sep 21, 2026: $0.177

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

JEPIQYLD
Sep 1, 2026$0.371Sep 21, 2026$0.177
Aug 3, 2026$0.367Aug 24, 2026$0.183
Jul 1, 2026$0.387Jul 20, 2026$0.178
Jun 1, 2026$0.389Jun 22, 2026$0.185
May 1, 2026$0.448May 18, 2026$0.179
Apr 1, 2026$0.421Apr 20, 2026$0.179
Mar 2, 2026$0.351Mar 23, 2026$0.172
Feb 2, 2026$0.344Feb 23, 2026$0.177
Dec 31, 2025$0.427Jan 20, 2026$0.179
Dec 1, 2025$0.371Dec 22, 2025$0.178
Nov 3, 2025$0.346Nov 24, 2025$0.173
Oct 1, 2025$0.361Oct 20, 2025$0.173

JEPI vs QYLD: common questions

Which pays a higher dividend, JEPI or QYLD?

As of September 25, 2026, JEPI yields 8.07% (trailing 12-month) and QYLD yields 11.50% (trailing 12-month), so QYLD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, JEPI or QYLD?

Over the past year with dividends reinvested, JEPI returned +8.55% and QYLD returned +24.05%. Over five years, JEPI returned +42.95% and QYLD returned +51.18%. Past performance does not predict future results.

What would $10,000 in JEPI vs QYLD be worth after one year?

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $10,855 in JEPI and $12,405 in QYLD.

Which is cheaper to own, JEPI or QYLD?

JEPI has the lower expense ratio at 0.35% a year, compared with 0.61% for QYLD. On $10,000 that is roughly $35 vs $61 a year.

How often do JEPI and QYLD pay dividends?

JEPI pays monthly (12 payments in the last 12 months) and QYLD pays monthly (12 payments).

Is JEPI or QYLD the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

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Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.