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

JPMorgan Nasdaq Equity Premium Income ETFInvesco QQQ Trust ETF

Data as of the close · refreshed automatically every trading day

Higher yieldJEPQ11.05% vs 0.42%
Better 1-year total returnQQQ+26.02% vs +20.33%
Lower expense ratioQQQ0.20% vs 0.35%

JEPQ vs QQQ at a glance

JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Invesco QQQ Trust ETF (QQQ) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, QQQ returned +26.02% with dividends reinvested, compared with +20.33% for JEPQ. JEPQ currently yields 11.05% (trailing 12-month) against 0.42% for QQQ.

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 QQQ
MetricJEPQQQQ
Last close$61.24$744.50
Dividend yield11.05% (TTM)0.42% (TTM)
Expense ratio0.35%0.20%
Paysmonthlyquarterly
Dividends, last 12 months$6.77 (12 payments)$3.09 (4 payments)
IssuerJ.P. MorganInvesco
InceptionMay 4, 2022Mar 11, 1999

Performance: JEPQ vs QQQ

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

JEPQQQQ

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
JEPQJPMorgan Nasdaq Equity Premium Income ETF
11.05%
+20.33%$61.24$0.683MonthlyJ.P. Morgan
QQQInvesco QQQ Trust ETF
0.42%
+26.02%Best$744.50$0.751QuarterlyInvesco

Total returns

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

ETF1M3M6M1Y2Y5Y
JEPQJPMorgan Nasdaq Equity Premium Income ETF+3.68%+5.37%+15.78%+20.33%+40.44%—
QQQInvesco QQQ Trust ETF+4.86%+4.03%+26.92%+26.02%+54.78%+105.44%

Dividends

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

ETFLatest payoutvs. priorTrailing 12MRecent payouts
JEPQJPMorgan Nasdaq Equity Premium Income ETF$0.683Sep 1, 2026-3.12%$6.76512 payoutsOct 1, 2025: $0.446Nov 3, 2025: $0.476Dec 1, 2025: $0.553Dec 31, 2025: $0.576Feb 2, 2026: $0.466Mar 2, 2026: $0.509Apr 1, 2026: $0.559May 1, 2026: $0.591Jun 1, 2026: $0.564Jul 1, 2026: $0.637Aug 3, 2026: $0.705Sep 1, 2026: $0.683
QQQInvesco QQQ Trust ETF$0.751Sep 21, 2026-7.63%$3.0914 payoutsDec 27, 2023: $0.216Mar 18, 2024: $0.573Jun 24, 2024: $0.762Sep 23, 2024: $0.677Dec 23, 2024: $0.835Mar 24, 2025: $0.716Jun 23, 2025: $0.591Sep 22, 2025: $0.694Dec 22, 2025: $0.794Mar 23, 2026: $0.733Jun 22, 2026: $0.813Sep 21, 2026: $0.751

Recent dividend payments

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

JEPQQQQ
Sep 1, 2026$0.683Sep 21, 2026$0.751
Aug 3, 2026$0.705Jun 22, 2026$0.813
Jul 1, 2026$0.637Mar 23, 2026$0.733
Jun 1, 2026$0.564Dec 22, 2025$0.794
May 1, 2026$0.591Sep 22, 2025$0.694
Apr 1, 2026$0.559Jun 23, 2025$0.591
Mar 2, 2026$0.509Mar 24, 2025$0.716
Feb 2, 2026$0.466Dec 23, 2024$0.835
Dec 31, 2025$0.576Sep 23, 2024$0.677
Dec 1, 2025$0.553Jun 24, 2024$0.762
Nov 3, 2025$0.476Mar 18, 2024$0.573
Oct 1, 2025$0.446Dec 27, 2023$0.216

JEPQ vs QQQ: common questions

Which pays a higher dividend, JEPQ or QQQ?

As of September 25, 2026, JEPQ yields 11.05% (trailing 12-month) and QQQ yields 0.42% (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 QQQ?

Over the past year with dividends reinvested, JEPQ returned +20.33% and QQQ returned +26.02%. Past performance does not predict future results.

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

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $12,033 in JEPQ and $12,602 in QQQ.

Which is cheaper to own, JEPQ or QQQ?

QQQ has the lower expense ratio at 0.20% a year, compared with 0.35% for JEPQ. On $10,000 that is roughly $20 vs $35 a year.

How often do JEPQ and QQQ pay dividends?

JEPQ pays monthly (12 payments in the last 12 months) and QQQ pays quarterly (4 payments).

Is JEPQ or QQQ 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.

Related comparisons

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

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.