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

JPMorgan Nasdaq Equity Premium Income ETFRussell 2000 Covered Call ETF

Data as of the close · refreshed automatically every trading day

Higher yieldRYLD12.05% vs 11.05%
Better 1-year total returnJEPQ+20.33% vs +17.67%
Lower expense ratioJEPQ0.35% vs 0.60%

JEPQ vs RYLD at a glance

JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and Russell 2000 Covered Call ETF (RYLD) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, JEPQ returned +20.33% with dividends reinvested, compared with +17.67% for RYLD. RYLD currently yields 12.05% (trailing 12-month) against 11.05% for JEPQ.

The higher-yielding fund (RYLD) 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 RYLD
MetricJEPQRYLD
Last close$61.24$15.55
Dividend yield11.05% (TTM)12.05% (TTM)
Expense ratio0.35%0.60%
Paysmonthlymonthly
Dividends, last 12 months$6.77 (12 payments)$1.87 (12 payments)
IssuerJ.P. MorganGlobal X
InceptionMay 4, 2022Apr 18, 2019

Performance: JEPQ vs RYLD

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

JEPQRYLD

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%Best$61.24$0.683MonthlyJ.P. Morgan
RYLDRussell 2000 Covered Call ETF
12.05%
+17.67%$15.55$0.148MonthlyGlobal X

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%—
RYLDRussell 2000 Covered Call ETF-3.46%+0.93%+10.46%+17.67%+23.54%+12.07%

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
RYLDRussell 2000 Covered Call ETF$0.148Sep 21, 2026-10.30%$1.87312 payoutsOct 20, 2025: $0.153Nov 24, 2025: $0.152Dec 22, 2025: $0.155Jan 20, 2026: $0.157Feb 23, 2026: $0.158Mar 23, 2026: $0.148Apr 20, 2026: $0.157May 18, 2026: $0.157Jun 22, 2026: $0.162Jul 20, 2026: $0.161Aug 24, 2026: $0.165Sep 21, 2026: $0.148

Recent dividend payments

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

JEPQRYLD
Sep 1, 2026$0.683Sep 21, 2026$0.148
Aug 3, 2026$0.705Aug 24, 2026$0.165
Jul 1, 2026$0.637Jul 20, 2026$0.161
Jun 1, 2026$0.564Jun 22, 2026$0.162
May 1, 2026$0.591May 18, 2026$0.157
Apr 1, 2026$0.559Apr 20, 2026$0.157
Mar 2, 2026$0.509Mar 23, 2026$0.148
Feb 2, 2026$0.466Feb 23, 2026$0.158
Dec 31, 2025$0.576Jan 20, 2026$0.157
Dec 1, 2025$0.553Dec 22, 2025$0.155
Nov 3, 2025$0.476Nov 24, 2025$0.152
Oct 1, 2025$0.446Oct 20, 2025$0.153

JEPQ vs RYLD: common questions

Which pays a higher dividend, JEPQ or RYLD?

As of September 25, 2026, JEPQ yields 11.05% (trailing 12-month) and RYLD yields 12.05% (trailing 12-month), so RYLD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, JEPQ or RYLD?

Over the past year with dividends reinvested, JEPQ returned +20.33% and RYLD returned +17.67%. Past performance does not predict future results.

What would $10,000 in JEPQ vs RYLD 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 $11,767 in RYLD.

Which is cheaper to own, JEPQ or RYLD?

JEPQ has the lower expense ratio at 0.35% a year, compared with 0.60% for RYLD. On $10,000 that is roughly $35 vs $60 a year.

How often do JEPQ and RYLD pay dividends?

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

Is JEPQ or RYLD 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.