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

JPMorgan Nasdaq Equity Premium Income ETFS&P 500 Covered Call ETF

Data as of the close · refreshed automatically every trading day

Higher yieldJEPQ11.05% vs 10.38%
Better 1-year total returnJEPQ+20.33% vs +18.92%
Lower expense ratioJEPQ0.35% vs 0.60%

JEPQ vs XYLD at a glance

JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) and S&P 500 Covered Call ETF (XYLD) 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 +18.92% for XYLD. JEPQ currently yields 11.05% (trailing 12-month) against 10.38% for XYLD.

JEPQ 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 JEPQ and XYLD
MetricJEPQXYLD
Last close$61.24$41.66
Dividend yield11.05% (TTM)10.38% (TTM)
Expense ratio0.35%0.60%
Paysmonthlymonthly
Dividends, last 12 months$6.77 (12 payments)$4.32 (12 payments)
IssuerJ.P. MorganGlobal X
InceptionMay 4, 2022Jun 22, 2013

Performance: JEPQ vs XYLD

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

JEPQXYLD

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

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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
XYLDS&P 500 Covered Call ETF
10.38%
+18.92%$41.66$0.296MonthlyGlobal 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%—
XYLDS&P 500 Covered Call ETF+1.44%+6.08%+12.05%+18.92%+26.96%+45.60%

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
XYLDS&P 500 Covered Call ETF$0.296Sep 21, 2026-4.82%$4.32312 payoutsOct 20, 2025: $0.397Nov 24, 2025: $0.40Dec 22, 2025: $0.325Jan 20, 2026: $0.36Feb 23, 2026: $0.341Mar 23, 2026: $0.391Apr 20, 2026: $0.352May 18, 2026: $0.401Jun 22, 2026: $0.34Jul 20, 2026: $0.409Aug 24, 2026: $0.311Sep 21, 2026: $0.296

Recent dividend payments

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

JEPQXYLD
Sep 1, 2026$0.683Sep 21, 2026$0.296
Aug 3, 2026$0.705Aug 24, 2026$0.311
Jul 1, 2026$0.637Jul 20, 2026$0.409
Jun 1, 2026$0.564Jun 22, 2026$0.340
May 1, 2026$0.591May 18, 2026$0.401
Apr 1, 2026$0.559Apr 20, 2026$0.352
Mar 2, 2026$0.509Mar 23, 2026$0.391
Feb 2, 2026$0.466Feb 23, 2026$0.341
Dec 31, 2025$0.576Jan 20, 2026$0.360
Dec 1, 2025$0.553Dec 22, 2025$0.325
Nov 3, 2025$0.476Nov 24, 2025$0.400
Oct 1, 2025$0.446Oct 20, 2025$0.397

JEPQ vs XYLD: common questions

Which pays a higher dividend, JEPQ or XYLD?

As of September 25, 2026, JEPQ yields 11.05% (trailing 12-month) and XYLD yields 10.38% (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 XYLD?

Over the past year with dividends reinvested, JEPQ returned +20.33% and XYLD returned +18.92%. Past performance does not predict future results.

What would $10,000 in JEPQ vs XYLD 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 $11,892 in XYLD.

Which is cheaper to own, JEPQ or XYLD?

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

How often do JEPQ and XYLD pay dividends?

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

Is JEPQ or XYLD 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

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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.