JEPQ vs IQQQ: Income Fund Comparison

JPMorgan Nasdaq Equity Premium Income ETF - US (JEPQ) and ProShares Nasdaq-100 High Income ETF - US (IQQQ) 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.

JEPQ: Expense ratio is 0.35 which is low for an options based fund. IQQQ: Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF. JEPQ fund has been around since May 3rd 2022. IQQQ the fund launched March 18 2024 so it has less than two years of operating history. Full Dependability and Return scores for both funds are available in the app.

JEPQ IQQQ
Fund Name JPMorgan Nasdaq Equity Premium Income ETF - US ProShares Nasdaq-100 High Income ETF - US
Fund Type Index Based Fund Index Based Fund
Exchange NYSE/NASDAQ NYSE/NASDAQ
Last Reviewed 2025-10-30 2025-07-10
Author , Income Investing Analyst
JEPQ
IQQQ
Overall Score
Dependability

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Fund Attributes: JEPQ vs IQQQ 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.

Criterion
JEPQ
IQQQ
Expense Ratio
4/5

Expense ratio is 0.35 which is low for an options based fund.

3/5

Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF.

Fund Company Size
5/5

JP Morgan has trillions under management.

5/5

The total assets managed by ProShares are $80 Billion.

Fund History
4/5

Fund has been around since May 3rd 2022.

2/5

The fund launched March 18 2024 so it has less than two years of operating history.

Fund AUM
5/5

34 Billion plus under management. One of the most popular income funds.

2/5

The net assets of the fund are about $200 Million.

Risk: JEPQ vs IQQQ 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.

Criterion
JEPQ
IQQQ
Volatility
4/5

Beta is a low 0.7 which is less volatile as the market.

3/5

Volatility similar to the market.

Lower volatility may indicate more stability — important for investors living off their income.
Sector Diversification
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Holding across more sectors reduces the impact of any single industry downturn.
Geographic Diversification
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Exposure across geographies can reduce risk from any single country's economic conditions.
Fund Risk
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The fund's overall risk profile, based on self-reported classifications where available.
Underlying Assets
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What the fund actually holds — stocks, bonds, synthetics, or other funds — affects risk profile significantly.

See the full Risk analysis for both JEPQ and IQQQ — volatility ratings, diversification scores, and analyst notes.

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Return: JEPQ vs IQQQ 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.

Criterion
JEPQ
IQQQ
Yield
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The current dividend yield, reflecting the annual income generated relative to fund price.
Yield Stability
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How consistent the distribution amounts have been over time — critical for income investors who budget around payments.
Capital History
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The fund's track record of price appreciation or depreciation, reflecting total return alongside income.
Distribution Frequency
4/5

Fund pays monthly.

4/5

The fund pays distributions monthly.

How often the fund pays distributions — monthly payments are generally preferred by income investors.

See the full Return analysis for both JEPQ and IQQQ — yield ratings, distribution consistency scores, and capital history.

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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 and IQQQ are available in the Dependable Income Investing app.

See our full scoring methodology →

Frequently Asked Questions: JEPQ vs IQQQ

Which has a lower expense ratio, JEPQ or IQQQ?

JEPQ: Expense ratio is 0.35 which is low for an options based fund.
IQQQ: Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF.

Which fund has more assets under management, JEPQ or IQQQ?

JEPQ: 34 Billion plus under management. One of the most popular income funds.
IQQQ: The net assets of the fund are about $200 Million.

Which fund has been trading longer, JEPQ or IQQQ?

JEPQ: Fund has been around since May 3rd 2022.
IQQQ: The fund launched March 18 2024 so it has less than two years of operating history.

Who manages JEPQ vs IQQQ?

JEPQ: JP Morgan has trillions under management.
IQQQ: The total assets managed by ProShares are $80 Billion.

Where can I see the full JEPQ vs IQQQ 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.

What is the difference between JEPQ and IQQQ?

JPMorgan Nasdaq Equity Premium Income ETF - US is a Index Based Fund. Expense ratio is 0.35 which is low for an options based fund. ProShares Nasdaq-100 High Income ETF - US is a Index Based Fund. Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF. Full comparison including Dependability Score is available in the Dependable Income Investing app.

Which is better for income investors, JEPQ or IQQQ?

JEPQ: Expense ratio is 0.35 which is low for an options based fund. Fund has been around since May 3rd 2022. IQQQ: Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF. The fund launched March 18 2024 so it has less than two years of operating history. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.

Do JEPQ and IQQQ pay monthly distributions?

JEPQ: Fund pays monthly. IQQQ: The fund pays distributions monthly. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.

See the Full JEPQ vs IQQQ 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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