JEPI vs QQQ
JPMorgan Equity Premium Income ETF vs Invesco QQQ Trust
Last updated: 2026-04-10
JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund issued by JPMorgan that provides exposure to us covered call securities. It charges an above-average expense ratio of 0.35%. The fund offers a high dividend yield of 8.30%. Launched in 2020, the fund has a 6-year track record.
Invesco QQQ Trust (QQQ) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a moderate expense ratio of 0.18%. The fund offers a modest dividend yield of 0.46%. Launched in 1999, the fund has a 27-year track record.
Quick Verdict
QQQ is significantly cheaper at 0.18% vs 0.35% expense ratio, saving you approximately $332 per $10,000 invested over 10 years. Over the past year, QQQ has significantly outperformed with a 37.0% return vs 7.7%. Income investors may prefer JEPI for its higher yield (8.3% vs 0.5%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
0 of top 9 holdings overlap (0% overlap in top holdings)
JEPI Top Holdings
| Name | Weight |
|---|---|
| Howmet Aerospace Inc.HWM | 1.69% |
| Ross Stores, Inc.ROST | 1.67% |
| NextEra Energy, Inc.NEE | 1.64% |
| Johnson & JohnsonJNJ | 1.62% |
| EOG Resources, Inc.EOG | 1.59% |
| RTX CorporationRTX | 1.56% |
| Eaton Corporation plcETN | 1.51% |
| Trane Technologies plcTT | 1.51% |
| Alphabet Inc.GOOGL | 1.49% |
| AbbVie Inc.ABBV | 1.49% |
QQQ Top Holdings
| Name | Weight |
|---|---|
| NVIDIA CorporationNVDA | 8.69% |
| Apple Inc.AAPL | 7.47% |
| Microsoft CorporationMSFT | 5.55% |
| Amazon.com, Inc.AMZN | 4.61% |
| Tesla, Inc.TSLA | 3.47% |
| Meta Platforms, Inc.META | 3.41% |
| Alphabet Inc.GOOG | 3.32% |
| Walmart Inc.WMT | 3.32% |
| Broadcom Inc.AVGO | 3.18% |
Which One Should You Choose?
Choose QQQ if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose QQQ if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose JEPI if...
you prioritize dividend income and want higher regular distributions from your portfolio.