JEPQ vs DIVO: Dividend Yield, Total Return & Fees Compared

JPMorgan Nasdaq Equity Premium Income ETFAmplify CWP Enhanced Dividend Income ETF

Data as of the close · refreshed automatically every trading day

Performance: JEPQ vs DIVO

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

JEPQDIVO

Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026

DividendDuel.com
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Higher yieldJEPQ12.39% vs 6.39%
Better 1-year total returnDIVO+12.73% vs +9.39%
Lower expense ratioJEPQ0.35% vs 0.56%

JEPQ vs DIVO at a glance

This page compares JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) with Amplify CWP Enhanced Dividend Income ETF (DIVO) using prices and distributions through November 9, 2026. The numbers update automatically after each trading session.

With dividends reinvested, DIVO has led over the last 12 months at +12.73% versus +9.39% for JEPQ. JEPQ currently yields 12.39% (trailing 12-month) against 6.39% for DIVO.

The higher-yielding fund (JEPQ) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.

Key figures for JEPQ and DIVO
MetricJEPQDIVO
Last close$56.10$47.36
Dividend yield12.39% (TTM)6.39% (TTM)
Expense ratio0.35%0.56%
Paysmonthlymonthly
Dividends, last 12 months$6.95 (12 payments)$3.03 (12 payments)
IssuerJ.P. MorganAmplify ETFs
Inception——

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
JEPQJPMorgan Nasdaq Equity Premium Income ETF
12.39%
+9.39%$56.10$0.5392MonthlyJ.P. Morgan
DIVOAmplify CWP Enhanced Dividend Income ETF
6.39%
Best+12.73%$47.36$0.1913MonthlyAmplify ETFs

Total returns

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

ETF1M3M6M1Y2Y5Y
JEPQJPMorgan Nasdaq Equity Premium Income ETF-7.29%-3.20%+0.14%+9.39%+24.48%—
DIVOAmplify CWP Enhanced Dividend Income ETF+0.23%-0.14%+6.95%+12.73%+26.52%+63.90%

Dividends

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

ETFLatest payoutvs. priorTrailing 12MRecent payouts
JEPQJPMorgan Nasdaq Equity Premium Income ETF$0.5392Nov 2, 2026-4.88%$6.948212 payoutsDec 1, 2025: $0.5532Dec 31, 2025: $0.5761Feb 2, 2026: $0.4657Mar 2, 2026: $0.509Apr 1, 2026: $0.5586May 1, 2026: $0.591Jun 1, 2026: $0.5644Jul 1, 2026: $0.6366Aug 3, 2026: $0.705Sep 1, 2026: $0.6826Oct 1, 2026: $0.5669Nov 2, 2026: $0.5392
DIVOAmplify CWP Enhanced Dividend Income ETF$0.1913Oct 29, 2026+1.21%$3.026512 payoutsNov 26, 2025: $0.2139Dec 30, 2025: $0.9534Jan 29, 2026: $0.1826Feb 26, 2026: $0.1863Mar 30, 2026: $0.1787Apr 29, 2026: $0.1812May 28, 2026: $0.1842Jun 29, 2026: $0.1828Jul 30, 2026: $0.1882Aug 28, 2026: $0.1947Sep 29, 2026: $0.189Oct 29, 2026: $0.1913

Downside and distribution variability

Income and ending returns do not describe the whole investment experience.

Across 1,134 shared trading dates from May 4, 2022 to November 9, 2026, the largest observed peak-to-trough decline with dividends reinvested was -20.06% for JEPQ and -12.12% for DIVO. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.

JEPQ's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.4657 to $0.705 per share across 12 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

DIVO's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.1787 to $0.9534 per share across 12 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.

How the fund strategies differ

Strategy notes checked against issuer sources on ; market figures above update separately.

JEPQ: JPMorgan Nasdaq Equity Premium Income ETF

Combines an actively managed U.S. large-cap equity portfolio with an options income overlay, including equity-linked notes, to seek income and equity exposure.

Equity-linked notes introduce counterparty and liquidity risks. Option income can change, and the income overlay can limit participation in rising markets.

Source: J.P. Morgan JEPQ fund story. Read the current issuer documents for complete objectives, holdings and risks.

Recent distributions

The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.

JEPQDIVO
Nov 2, 2026$0.5392Oct 29, 2026$0.1913
Oct 1, 2026$0.5669Sep 29, 2026$0.189
Sep 1, 2026$0.6826Aug 28, 2026$0.1947
Aug 3, 2026$0.705Jul 30, 2026$0.1882
Jul 1, 2026$0.6366Jun 29, 2026$0.1828
Jun 1, 2026$0.5644May 28, 2026$0.1842
May 1, 2026$0.591Apr 29, 2026$0.1812
Apr 1, 2026$0.5586Mar 30, 2026$0.1787
Mar 2, 2026$0.509Feb 26, 2026$0.1863
Feb 2, 2026$0.4657Jan 29, 2026$0.1826
Dec 31, 2025$0.5761Dec 30, 2025$0.9534
Dec 1, 2025$0.5532Nov 26, 2025$0.2139

JEPQ vs DIVO: common questions

Which pays a higher dividend, JEPQ or DIVO?

As of November 9, 2026, JEPQ yields 12.39% (trailing 12-month) and DIVO yields 6.39% (trailing 12-month), so JEPQ currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, JEPQ or DIVO?

Over the past year with dividends reinvested, JEPQ returned +9.39% and DIVO returned +12.73%. Past performance does not predict future results.

What would $10,000 in JEPQ vs DIVO be worth after one year?

With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $10,939 in JEPQ and $11,273 in DIVO.

Which is cheaper to own, JEPQ or DIVO?

JEPQ has the lower expense ratio at 0.35% a year, compared with 0.56% for DIVO. On $10,000 that is roughly $35 vs $56 a year.

How often do JEPQ and DIVO pay dividends?

JEPQ pays monthly (12 payments in the last 12 months) and DIVO pays monthly (12 payments).

Is JEPQ or DIVO 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.

Research JEPQ and DIVO beyond the yield

Read the strategy notes alongside the payout record. Compare the income received with total return and downside over the same dates, then review how each issuer implements its option overlay.

Review JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) payment history and Amplify CWP Enhanced Dividend Income ETF (DIVO) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.

For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.

Related comparisons

More side-by-side comparisons with JEPQ and DIVO.

Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.