JEPQ vs QDTE: Income Fund Comparison
JPMorgan Nasdaq Equity Premium Income ETF - US (JEPQ) and Innovation-100 0DTE Covered Call Strategy ETF (QDTE) 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 individual review · QDTE individual review
JEPQ: Expense ratio is 0.35 which is low for an options based fund. QDTE: QDTE's MER of 0.95% is notably higher than the average for similar ETFs. JEPQ fund has been around since May 3rd 2022. QDTE the fund launched March 7 2024. Full Dependability and Return scores for both funds are available in the app.
| JEPQ | QDTE | |
|---|---|---|
| Fund Name | JPMorgan Nasdaq Equity Premium Income ETF - US | Innovation-100 0DTE Covered Call Strategy ETF |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | 2025-10-30 | 2025-07-10 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: JEPQ vs QDTE 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.
Expense ratio is 0.35 which is low for an options based fund.
QDTE's MER of 0.95% is notably higher than the average for similar ETFs.
JP Morgan has trillions under management.
As of June 2025 - Roundhill announced that it had surpassed the $5 billion AUM milestone.
Fund has been around since May 3rd 2022.
The fund launched March 7 2024.
34 Billion plus under management. One of the most popular income funds.
Approximately $800 Million in the fund.
Risk: JEPQ vs QDTE 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.
Beta is a low 0.7 which is less volatile as the market.
Volatility beta is 1.12 which is more volatile than SPY.
See the full Risk analysis for both JEPQ and QDTE — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: JEPQ vs QDTE 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.
Fund pays monthly.
Pays weekly distributions.
See the full Return analysis for both JEPQ and QDTE — 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 and QDTE are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: JEPQ vs QDTE
Which has a lower expense ratio, JEPQ or QDTE?
JEPQ: Expense ratio is 0.35 which is low for an options based fund.
QDTE: QDTE's MER of 0.95% is notably higher than the average for similar ETFs.
Which fund has more assets under management, JEPQ or QDTE?
JEPQ: 34 Billion plus under management. One of the most popular income funds.
QDTE: Approximately $800 Million in the fund.
Which fund has been trading longer, JEPQ or QDTE?
JEPQ: Fund has been around since May 3rd 2022.
QDTE: The fund launched March 7 2024.
Who manages JEPQ vs QDTE?
JEPQ: JP Morgan has trillions under management.
QDTE: As of June 2025 - Roundhill announced that it had surpassed the $5 billion AUM milestone.
Where can I see the full JEPQ vs QDTE 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 QDTE?
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. Innovation-100 0DTE Covered Call Strategy ETF is a Index Based Fund. QDTE's MER of 0.95% is notably higher than the average for similar ETFs. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, JEPQ or QDTE?
JEPQ: Expense ratio is 0.35 which is low for an options based fund. Fund has been around since May 3rd 2022. QDTE: QDTE's MER of 0.95% is notably higher than the average for similar ETFs. The fund launched March 7 2024. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.
Do JEPQ and QDTE pay monthly distributions?
JEPQ: Fund pays monthly. QDTE: Pays weekly distributions. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full JEPQ vs QDTE 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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