JEPQ vs QQQY: Income Fund Comparison
JPMorgan Nasdaq Equity Premium Income ETF - US (JEPQ) and Defiance Nasdaq 100 Weekly Distribution ETF - US (QQQY) 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 · QQQY individual review
JEPQ: Expense ratio is 0.35 which is low for an options based fund. QQQY: Expense ratio 1.01% - data as of 02/27/2026 JEPQ fund has been around since May 3rd 2022. QQQY fund inception 09/13/23 Full Dependability and Return scores for both funds are available in the app.
| JEPQ | QQQY | |
|---|---|---|
| Fund Name | JPMorgan Nasdaq Equity Premium Income ETF - US | Defiance Nasdaq 100 Weekly Distribution ETF - US |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | 2025-10-30 | 2026-03-02 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: JEPQ vs QQQY 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.
Expense ratio 1.01% - data as of 02/27/2026
JP Morgan has trillions under management.
Defiance AUM passed $8B as of 26 January 2026
Fund has been around since May 3rd 2022.
Fund inception 09/13/23
34 Billion plus under management. One of the most popular income funds.
Net assets $178.60M as of 02/27/2026
Risk: JEPQ vs QQQY 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 -0.0727 vs SPY - weekly - 2023-09-22 to 2026-03-02 - standalone volatility ~113.56% annualized (weekly returns) - extremely high price choppiness
See the full Risk analysis for both JEPQ and QQQY — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: JEPQ vs QQQY 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.
Distribution frequency weekly - payable as of 02/27/2026
See the full Return analysis for both JEPQ and QQQY — 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 QQQY are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: JEPQ vs QQQY
Which has a lower expense ratio, JEPQ or QQQY?
JEPQ: Expense ratio is 0.35 which is low for an options based fund.
QQQY: Expense ratio 1.01% - data as of 02/27/2026
Which fund has more assets under management, JEPQ or QQQY?
JEPQ: 34 Billion plus under management. One of the most popular income funds.
QQQY: Net assets $178.60M as of 02/27/2026
Which fund has been trading longer, JEPQ or QQQY?
JEPQ: Fund has been around since May 3rd 2022.
QQQY: Fund inception 09/13/23
Who manages JEPQ vs QQQY?
JEPQ: JP Morgan has trillions under management.
QQQY: Defiance AUM passed $8B as of 26 January 2026
Where can I see the full JEPQ vs QQQY 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 QQQY?
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. Defiance Nasdaq 100 Weekly Distribution ETF - US is a Index Based Fund. Expense ratio 1.01% - data as of 02/27/2026. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, JEPQ or QQQY?
JEPQ: Expense ratio is 0.35 which is low for an options based fund. Fund has been around since May 3rd 2022. QQQY: Expense ratio 1.01% - data as of 02/27/2026. Fund inception 09/13/23. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.
Do JEPQ and QQQY pay monthly distributions?
JEPQ: Fund pays monthly. QQQY: Distribution frequency weekly - payable as of 02/27/2026. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full JEPQ vs QQQY 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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