JPMorgan Nasdaq Equity Premium Income ETF
$60.92−0.01 (−0.02%)
- 0.35%
- $44.6B
- +21.5%
- 11.30%
- 6.4M sh
- $60.95
- low $53.51high $61.72
The ETF.net JEPQ Grade
A
Score 77 out of 100
- 5 of 31
Score 77 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A87 out of 100Rank 3 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A88 out of 100Rank 11 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B66 out of 100Rank 9 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A70 out of 100Rank 7 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C44 out of 100Rank 17 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A92 out of 100Rank 1 of 31
Our read on JEPQ
AMost Nasdaq income funds bolt call options onto the index and call it a day. JEPQ picks its own roughly 110 US large-cap stocks, then writes out-of-the-money Nasdaq-100 calls on top, aiming for monthly income with less volatility than the index itself.
The fund seeks current income while preserving potential for capital appreciation. It combines a data-science-driven portfolio of U.S. large-cap stocks with written out-of-the-money Nasdaq-100 Index call options and seeks lower volatility than the Nasdaq-100 Index.
Why people hold it
- Charges 0.35% a year, roughly half the typical fee among Nasdaq options-income funds and well under QYLD's 0.60%.
- Income is manufactured by writing out-of-the-money Nasdaq-100 calls and paid out monthly, rather than harvested from high-dividend stocks.am.jpmorgan.com
- One of the largest and most heavily traded funds in the Nasdaq options-income group, which generally means tight spreads and easy entry and exit.
- The calls are struck out of the money, so the mandate keeps room for capital appreciation in the stock sleeve alongside the payout.am.jpmorgan.com
Worth knowing
- The overlay clips the top off big Nasdaq rallies: premium comes in, but stock gains above the call strikes go to the option buyer.am.jpmorgan.com
- Monthly payouts float with option premiums, which move with market volatility. This is variable income, not a fixed coupon.
- About 110 US large-cap holdings paired with a Nasdaq-100 overlay: concentrated, tech-leaning exposure rather than a broad-market portfolio.am.jpmorgan.com
JEPQ Holdings
- Stocks
- 110
- 44%
- NVDA
Sectors
- Technology61.0%
- Communication12.6%
- Consumer Discretionary10.5%
- Consumer Staples5.2%
- Health Care4.2%
- Industrials3.9%
- Utilities0.9%
- Materials0.8%
- Financials0.4%
- Energy0.3%
- Real Estate0.2%
Geography
- United States95.29%
- Netherlands1.98%
- United Kingdom1.13%
- Canada0.67%
- Ireland0.47%
- Uruguay0.45%
JEPQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
JEPQ$12,154
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | JEPQ |
|---|---|
| Year to date | +14.6% |
| 1 month | +2.9% |
| 3 months | +4.1% |
| 1 year | +21.5% |
| 3 years | +21.0% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | JEPQ |
|---|---|---|
| 2026 YTD | +14.6% | |
| 2025 | +15.2% | |
| 2024 | +24.9% | |
| 2023 | +36.2% | |
| 2022 | −12.9% |
JEPQ in the news
JEPQ Dividends
- 11.30%
- $6.88
- $0.57 per share
- Monthly
Distribution history
JEPQ Risk
- 11.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.43
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −20.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.83
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
JEPQ Cost
0.35%
JEPQ0.35%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
1 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- AQYLDGlobal X - Nasdaq 100 Covered Call ETFExpense ratio 0.60%1 year return +24.8%
- AQYLGGlobal X Nasdaq 100 Covered Call & Growth ETFExpense ratio 0.35%1 year return +26.0%
- ABALQiShares Nasdaq Premium Income Active ETFExpense ratio 0.35%1 year return —
- AQQQINEOS Nasdaq-100 High Income ETFExpense ratio 0.68%1 year return +20.7%
- AROCQJPMorgan Nasdaq Equity Premium Yield ETFExpense ratio 0.35%1 year return —