JEPQ vs QQQI: Income Fund Comparison
JPMorgan Nasdaq Equity Premium Income ETF - US (JEPQ) and NEOS Nasdaq-100® High Income ETF - US (QQQI) 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 · QQQI individual review
JEPQ: Expense ratio is 0.35 which is low for an options based fund. QQQI: Management fee and total annual fund operating expenses are 0.68%. JEPQ fund has been around since May 3rd 2022. QQQI fund inception date was Jan 30th 2024 - just over 2 years of history as of review date. Full Dependability and Return scores for both funds are available in the app.
| JEPQ | QQQI | |
|---|---|---|
| Fund Name | JPMorgan Nasdaq Equity Premium Income ETF - US | NEOS Nasdaq-100® High Income ETF - US |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | 2025-10-30 | 2026-03-07 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: JEPQ vs QQQI 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.
Management fee and total annual fund operating expenses are 0.68%.
JP Morgan has trillions under management.
NEOS Investments total ETF AUM is approximately $21.6 billion across all 19 funds as of 03/05/2026.
Fund has been around since May 3rd 2022.
Fund inception date was Jan 30th 2024 - just over 2 years of history as of review date.
34 Billion plus under management. One of the most popular income funds.
$9.015 Billion in assets under management as of March 2026. One of the largest NEOS funds.
Risk: JEPQ vs QQQI 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.
Beta is 0.98 vs SPY (2024-02-09 to 2026-03-06) - slightly below the market. Short fund history limits precision of this calculation.
See the full Risk analysis for both JEPQ and QQQI — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: JEPQ vs QQQI 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.
Monthly distributions.
See the full Return analysis for both JEPQ and QQQI — 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 QQQI are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: JEPQ vs QQQI
Which has a lower expense ratio, JEPQ or QQQI?
JEPQ: Expense ratio is 0.35 which is low for an options based fund.
QQQI: Management fee and total annual fund operating expenses are 0.68%.
Which fund has more assets under management, JEPQ or QQQI?
JEPQ: 34 Billion plus under management. One of the most popular income funds.
QQQI: $9.015 Billion in assets under management as of March 2026. One of the largest NEOS funds.
Which fund has been trading longer, JEPQ or QQQI?
JEPQ: Fund has been around since May 3rd 2022.
QQQI: Fund inception date was Jan 30th 2024 - just over 2 years of history as of review date.
Who manages JEPQ vs QQQI?
JEPQ: JP Morgan has trillions under management.
QQQI: NEOS Investments total ETF AUM is approximately $21.6 billion across all 19 funds as of 03/05/2026.
Where can I see the full JEPQ vs QQQI 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 QQQI?
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. NEOS Nasdaq-100® High Income ETF - US is a Index Based Fund. Management fee and total annual fund operating expenses are 0.68%. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, JEPQ or QQQI?
JEPQ: Expense ratio is 0.35 which is low for an options based fund. Fund has been around since May 3rd 2022. QQQI: Management fee and total annual fund operating expenses are 0.68%. Fund inception date was Jan 30th 2024 - just over 2 years of history as of review date. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.
Do JEPQ and QQQI pay monthly distributions?
JEPQ: Fund pays monthly. QQQI: Monthly distributions. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full JEPQ vs QQQI 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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