JEPQ vs QYLD: Income Fund Comparison
JPMorgan Nasdaq Equity Premium Income ETF - US (JEPQ) and GlobalX Nasdaq 100 Covered Call ETF - US (QYLD) 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 · QYLD individual review
JEPQ: Expense ratio is 0.35 which is low for an options based fund. QYLD: Total expense ratio is 0.60% which is reasonable for a covered call ETF. JEPQ fund has been around since May 3rd 2022. QYLD fund inception date was Dec 11th 2013 - over 12 years of history as of review date. Full Dependability and Return scores for both funds are available in the app.
| JEPQ | QYLD | |
|---|---|---|
| Fund Name | JPMorgan Nasdaq Equity Premium Income ETF - US | GlobalX Nasdaq 100 Covered Call ETF - US |
| Fund Type | Index Based Fund | Index Based Fund |
| Exchange | NYSE/NASDAQ | NYSE/NASDAQ |
| Last Reviewed | 2025-10-30 | 2026-03-06 |
| Author | Adam Hyde, Income Investing Analyst | |
🔒 Full scores available — with Premium subscription
Compare Performance — Free →Fund Attributes: JEPQ vs QYLD 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.
Total expense ratio is 0.60% which is reasonable for a covered call ETF.
JP Morgan has trillions under management.
Mirae Asset Global Investments - a South Korean financial services company - manages over $632 billion in assets worldwide.
Fund has been around since May 3rd 2022.
Fund inception date was Dec 11th 2013 - over 12 years of history as of review date.
34 Billion plus under management. One of the most popular income funds.
$8.36 Billion in assets under management as of March 2026.
Risk: JEPQ vs QYLD 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 0.63 vs SPY (2016-03-11 to 2026-03-06) which is significantly lower than the overall market.
See the full Risk analysis for both JEPQ and QYLD — volatility ratings, diversification scores, and analyst notes.
View Plans →Return: JEPQ vs QYLD 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 QYLD — 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 QYLD are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions: JEPQ vs QYLD
Which has a lower expense ratio, JEPQ or QYLD?
JEPQ: Expense ratio is 0.35 which is low for an options based fund.
QYLD: Total expense ratio is 0.60% which is reasonable for a covered call ETF.
Which fund has more assets under management, JEPQ or QYLD?
JEPQ: 34 Billion plus under management. One of the most popular income funds.
QYLD: $8.36 Billion in assets under management as of March 2026.
Which fund has been trading longer, JEPQ or QYLD?
JEPQ: Fund has been around since May 3rd 2022.
QYLD: Fund inception date was Dec 11th 2013 - over 12 years of history as of review date.
Who manages JEPQ vs QYLD?
JEPQ: JP Morgan has trillions under management.
QYLD: Mirae Asset Global Investments - a South Korean financial services company - manages over $632 billion in assets worldwide.
Where can I see the full JEPQ vs QYLD 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 QYLD?
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. GlobalX Nasdaq 100 Covered Call ETF - US is a Index Based Fund. Total expense ratio is 0.60% which is reasonable for a covered call ETF. Full comparison including Dependability Score is available in the Dependable Income Investing app.
Which is better for income investors, JEPQ or QYLD?
JEPQ: Expense ratio is 0.35 which is low for an options based fund. Fund has been around since May 3rd 2022. QYLD: Total expense ratio is 0.60% which is reasonable for a covered call ETF. Fund inception date was Dec 11th 2013 - over 12 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 QYLD pay monthly distributions?
JEPQ: Fund pays monthly. QYLD: Monthly distributions. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.
See the Full JEPQ vs QYLD 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.
Open Free Comparison Tool →Free. No credit card required.