JEPQ.TO vs QQCL.TO: Income Fund Comparison
JPMorgan Nasdaq Equity Premium Income Active ETF - Canada (JEPQ.TO) and Global X Enhanced NASDAQ-100 Covered Call ETF - Canada (QQCL.TO) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.
Also see: JEPQ.TO individual review · QQCL.TO individual review
| JEPQ.TO | QQCL.TO | |
|---|---|---|
| Fund Name | JPMorgan Nasdaq Equity Premium Income Active ETF - Canada | Global X Enhanced NASDAQ-100 Covered Call ETF - Canada |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | TSX | TSX |
| Last Reviewed | 2025-10-30 | 2025-06-02 |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: JEPQ.TO vs QQCL.TO 20% of overall score
Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.
Management Expense Ratio is 0.4% which is low.
MER is 2.26%. This is higher because the fund uses 25% leverage.
JP Morgan has trillions under management.
Mirae Global X has more than 40 Billion under management.
Fund inception date was Sept 27 2024.
Fund inception date was Oct 10 2023.
About 112 Million in this Canadian version of the fund which is small - but the US version of JEPQ is huge at over 30 Billion.
210 Million net assets invested in this fund.
Risk: JEPQ.TO vs QQCL.TO 35% of overall score
Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.
See the full Risk analysis for both JEPQ.TO and QQCL.TO — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: JEPQ.TO vs QQCL.TO 45% of overall score
Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
See the full Return analysis for both JEPQ.TO and QQCL.TO — yield ratings, distribution consistency scores, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes for both JEPQ.TO and QQCL.TO are available in the Dependable Income Investing app.
Frequently Asked Questions: JEPQ.TO vs QQCL.TO
Which has a lower expense ratio, JEPQ.TO or QQCL.TO?
JEPQ.TO: Management Expense Ratio is 0.4% which is low.
QQCL.TO: MER is 2.26%. This is higher because the fund uses 25% leverage.
Which fund has more assets under management, JEPQ.TO or QQCL.TO?
JEPQ.TO: About 112 Million in this Canadian version of the fund which is small - but the US version of JEPQ is huge at over 30 Billion.
QQCL.TO: 210 Million net assets invested in this fund.
Which fund has been trading longer, JEPQ.TO or QQCL.TO?
JEPQ.TO: Fund inception date was Sept 27 2024.
QQCL.TO: Fund inception date was Oct 10 2023.
Who manages JEPQ.TO vs QQCL.TO?
JEPQ.TO: JP Morgan has trillions under management.
QQCL.TO: Mirae Global X has more than 40 Billion under management.
Where can I see the full JEPQ.TO vs QQCL.TO comparison with scores?
The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.
See the Full JEPQ.TO vs QQCL.TO Comparison
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.
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