FDND vs JEPQ: Grades, Fees and Holdings Compared

FT Vest Dow Jones Internet & Target Income ETF

FDNDDCboe

JPMorgan Nasdaq Equity Premium Income ETF

JEPQANasdaq

Overlap

14.3%by weight

Expense ratio

JEPQ −0.40pt a year

FDND0.75%JEPQ0.35%

Avg volume · 30D

JEPQ 4099.6×the volume

FDND1.55KJEPQ6.35M

FDND vs JEPQ Performance

Oct 31, 2025 – Oct 30, 2026

−7.0%FDND+9.5%JEPQ

Expense ratio: FDND 0.75%; JEPQ 0.35%, better
Fund size: FDND $9M; JEPQ $42.5B
1Y total return: FDND −7.0%; JEPQ +9.5%, better
Yield (12M): FDND 8.31%; JEPQ 11.96%, better
Holdings: FDND 42; JEPQ 111
Avg volume (30D): FDND 1.55K sh; JEPQ 6.35M sh, better
NAV per share: FDND $20.63; JEPQ $57.56
52W range

ETF.net Grade

Pillar letters and Scores for FDND, JEPQ, with each pillar’s weight
Pillar	FDND	JEPQ
Cost30% weight	C42	A82Higher
Mission25% weight	Not scored	A100
Risk15% weight	F7	B69Higher
Tradability15% weight	D39	A76Higher
Holdings10% weight	C40	C47Higher
Durability5% weight	C42	A91Higher

Rank among Nasdaq-100 Option Income funds

How we build Categories ›

Same Category. FDND and JEPQ are both graded against the same 30 Nasdaq-100 Option Income funds, so their Grades compare head to head.

Nasdaq-100 Option Income⁠

Category · 30 funds

See all 30 ›

JEPQ ranks 3rd and FDND 27th of 30 funds in the Nasdaq-100 Option Income Category.

Rank 1AGPIQGoldman Sachs Nasdaq-100 Premium Income ETFScore 83
Rank 2AQQAInvesco QQQ Income Advantage ETFScore 82
Rank 3AJEPQJPMorgan Nasdaq Equity Premium Income ETFScore 80
Rank 4AQYLDGlobal X Nasdaq 100 Covered Call ETFScore 79
Rank 25DQLDYDefiance Nasdaq 100 LightningSpread Income ETFScore 34
Rank 27DFDNDFT Vest Dow Jones Internet & Target Income ETFScore 33
Rank 27DQDTYYieldMax Nasdaq 100 0DTE Covered Call Strategy ETFScore 33

Our read on each fund

ETF.net Research

FDNDDFT Vest Dow Jones Internet & Target Income ETF

JEPQAJPMorgan Nasdaq Equity Premium Income ETF

In short

FDND No data

JEPQ Most 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.

Stated mandate

FDND No data

JEPQ 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

FDND No data

JEPQ 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.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.jpmorgan.com

Worth knowing

FDND No data

JEPQ The overlay clips the top off big Nasdaq rallies: premium comes in, but stock gains above the call strikes go to the option buyer.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.jpmorgan.com

Full FDND profile⁠

Full JEPQ profile⁠

FDND vs JEPQ Holdings

How FDND and JEPQ differ

Overlap by weight

14.3%

Shared holdings make up 55.5% of FDND and 14.3% of JEPQ.

Level by level

Holdings13 in both14.3%
Countryby domicile97.6%

Sector

No Sector split for FDND.

Country, concentration and asset class

Country by domicile

Country weights in FDND and JEPQ, widest gap first
Country	More in FDNDMore in JEPQ	FDND	JEPQ
United States	FDND +1.2 points	98.8%	97.6%
Australia	FDND +1.2 points	1.2%	0.0%
Netherlands	JEPQ +1.2 points	0.0%	1.1%
Canada	JEPQ +0.7 points	0.0%	0.7%
Other countries (2)	JEPQ +0.5 points	0.0%	0.5%

Concentration

Weight in the 10 largest Holdings

FDND60.7%
JEPQ42.3%

Securities held

FDND41
JEPQ110

Asset class

FDND: Multi-Asset
JEPQ: Equity

Holdings

Only in FDND28
In both13
Only in JEPQ97

Only in FDND

28 securities, 43.9% of FDND by weight

Alphabet Inc. (Class A)5.04%
Salesforce, Inc.4.54%
Arista Networks, Inc.4.24%
Oracle Corporation3.91%
Snowflake Inc. (Class A)3.89%
Cloudflare, Inc. (Class A)3.31%
Carvana Co. (Class A)1.80%
eBay Inc.1.78%
Veeva Systems Inc. (Class A)1.71%
Ciena Corporation1.68%
Okta, Inc.1.27%
Atlassian Corporation (Class A)1.12%
Roblox Corporation (Class A)1.06%
Zoom Communications, Inc. (Class A)0.93%
VeriSign, Inc.0.92%
CoreWeave, Inc. (Class A)0.77%
F5, Inc.0.70%
Nutanix, Inc. (Class A)0.67%
DocuSign, Inc.0.58%
Samsara Inc. (Class A)0.58%
GoDaddy Inc. (Class A)0.54%
Circle Internet Group, Inc. (Class A)0.54%
Reddit, Inc. (Class A)0.49%
Akamai Technologies, Inc.0.49%
Flutter Entertainment Plc0.43%
DraftKings Inc.0.38%
Paycom Software, Inc.0.37%
Duolingo, Inc.0.19%

Only in JEPQ

97 securities, 85.6% of JEPQ by weight

Apple Inc Common Stock6.99%
NVIDIA Corp Common Stock6.99%
Microsoft Corp Common5.60%
Micron Technology Inc4.32%
Advanced Micro Devices3.45%
Tesla Inc Common Stock2.40%
Walmart Inc Common Stock2.00%
Broadcom Inc Common1.91%
Lam Research Corp Common1.63%
Space Exploration1.55%
Palo Alto Networks Inc1.33%
Palantir Technologies Inc1.31%
Costco Wholesale Corp1.28%
Seagate Technology1.27%
Analog Devices Inc1.19%
NDX_141.18%
NDX_131.18%
NDX_121.17%
NDX_151.16%
NDX_111.16%
NDX_161.16%
NDX_171.16%
NDX_101.13%
NDX_91.13%
NDX_51.10%
NDX_81.10%
NDX_31.09%
NDX_41.09%
NDX_61.09%
NDX_71.09%
Crowdstrike Holdings Inc1.06%
Marvell Technology Inc0.91%
Asml Holding NV Ny Reg0.91%
JPMorgan Prime Money0.91%
Texas Instruments Inc0.89%
Intel Corp Common Stock0.82%
Applied Materials Inc0.75%
Linde PLC Common Stock0.75%
Pepsico Inc Common Stock0.70%
Vertex Pharmaceuticals0.69%
Intuitive Surgical Inc0.68%
Csx Corp Common Stock USD0.68%
Regeneron Pharmaceuticals0.60%
Shopify Inc Common Stock0.58%
Synopsys Inc Common0.54%
Qualcomm Inc Common Stock0.53%
Monster Beverage Corp0.53%
Nxp Semiconductors NV0.52%
T-Mobile Us Inc Common0.51%
AbbVie Inc Common Stock0.50%

Weight gaps

All 13 Holdings in both funds, largest gap first.

Holding weights in FDND and JEPQ, widest gap first
Holding	More in FDNDMore in JEPQ	FDND	JEPQ
Cisco Systems, Inc.CSCO	FDND +7.76 points	8.94%	1.18%
Meta Platforms, Inc. (Class A)META	FDND +7.45 points	10.12%	2.67%
Amazon.com, Inc.AMZN	FDND +6.44 points	10.24%	3.80%
Netflix, Inc.NFLX	FDND +4.43 points	5.53%	1.10%
Booking Holdings Inc.BKNG	FDND +3.54 points	4.09%	0.55%
Datadog, Inc. (Class A)DDOG	FDND +2.77 points	2.90%	0.13%
Airbnb, Inc. (Class A)ABNB	FDND +2.43 points	2.53%	0.10%
DoorDash, Inc. (Class A)DASH	FDND +2.26 points	2.47%	0.21%
PayPal Holdings, Inc.PYPL	FDND +1.67 points	1.78%	0.11%
Workday, Inc. (Class A)WDAY	FDND +1.37 points	1.46%	0.09%
Copart, Inc.CPRT	FDND +0.72 points	0.93%	0.21%
HubSpot, Inc.HUBS	FDND +0.35 points	0.43%	0.08%
Alphabet Inc. (Class C)GOOG	JEPQ +0.02 points	4.06%	4.08%

All 42 FDND holdings⁠All 110 JEPQ holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FDND vs JEPQ Cost

Overpaying FDND vs JEPQ

$7,356

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FDND 0.75%
$14,482
JEPQ 0.35%
$7,126

Amount$10,000

Years30 years

Cost over time

FDND 0.75%
JEPQ 0.35%
Overpaying

Year by year

Year	FDND	JEPQ	Overpaying
10	$1,336	$634	$702
20	$5,078	$2,454	$2,624
30	$14,482	$7,126	$7,356

Expense ratio

0.75%FDND
0.35%JEPQ, cheaper

JEPQ0.35%FDND0.75%

0.00%1.20%

Middle half of Nasdaq-100 Option Income funds
Median 0.71%

JEPQ 4th cheapest of 30 funds

FDND 17th cheapest of 30 funds

FDND vs JEPQ Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FDND 8.31%; JEPQ 11.96%, better
Payout (12M): FDND $1.72; JEPQ $6.88
Last payment: FDND $0.14; JEPQ $0.57
Ex-dividend: FDND Oct 21, 2026; JEPQ Oct 1, 2026
Paid on: FDND Oct 30, 2026; JEPQ Oct 5, 2026
Frequency: FDND Monthly; JEPQ Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FDNDMonthly · 31 paymentsAll FDND payments⁠

JEPQMonthly · 45 paymentsAll JEPQ payments⁠

FDND vs JEPQ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FDND 18.8%since Apr 2024JEPQ 11.8%
Return per unit of riskSharpe ratio, 3 years: FDND 0.32since Apr 2024JEPQ 1.24
Worst fallMax drawdown, 5 years: FDND −24.1%since Mar 2024JEPQ −20.1%since May 2022
Market sensitivityBeta, 5 years: FDND 1.14JEPQ 0.83; Market = 1

FDND and JEPQ in the news

All news⁠

Deep Dive
How JEPQ trades Nasdaq-100 upside for monthly income. Here's how.
Oct 20, 2026JEPQ
ETF Filings
Franklin Templeton files two PayDay ETFs that would pay every two weeks
Oct 16, 2026JEPQ
ETF Filings
Aptus files the Aptus Nasdaq-100 Enhanced Yield ETF, JUCQ, targeting distributions of 5% to 12%
Oct 16, 2026JEPQ
Deep Dive
JPMorgan Equity Premium Income ETF paid $0.34 a share, and the 8% yield is not a promise
Oct 10, 2026JEPQ
ETF Filings
Motley Fool files five Fool 100 ETFs, three for options income
Oct 9, 2026JEPQ
Income Watch
Even counting the checks, JPMorgan's income funds trailed the stock funds
Oct 4, 2026JEPQ

Popular comparisons

FDNDDvsGPIQA
FT Vest Dow Jones Internet & Target Income ETF · Goldman Sachs Nasdaq-100 Premium Income ETF
Expense ratio
0.75% · 0.29%
Category
JEPQAvsGPIQA
JPMorgan Nasdaq Equity Premium Income ETF · Goldman Sachs Nasdaq-100 Premium Income ETF
Expense ratio
0.35% · 0.29%
Category
FDNDDvsQQAA
FT Vest Dow Jones Internet & Target Income ETF · Invesco QQQ Income Advantage ETF
Expense ratio
0.75% · 0.29%
Category
JEPQAvsQQAA
JPMorgan Nasdaq Equity Premium Income ETF · Invesco QQQ Income Advantage ETF
Expense ratio
0.35% · 0.29%
Category
FDNDDvsQYLDA
FT Vest Dow Jones Internet & Target Income ETF · Global X Nasdaq 100 Covered Call ETF
Expense ratio
0.75% · 0.60%
Category
JEPQAvsQYLDA
JPMorgan Nasdaq Equity Premium Income ETF · Global X Nasdaq 100 Covered Call ETF
Expense ratio
0.35% · 0.60%
Category