JEPQ and QQQI are both covered call ETFs tracking the same benchmark, but with different approaches. JEPQ offers a 11.14% yield, while QQQI provides a 13.76% yield. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
JPMorgan Nasdaq Equity Premium Income ETF
7.24
Overall Score
NEOS Nasdaq 100 High Income ETF
7.43
Overall Score
| Criteria | JEPQ | QQQI |
|---|---|---|
| Overall Score | 7.24 7.43 | |
| Total Return (25%) | 6.99 8.16 | |
| Downside Protection (25%) | 6.30 5.48 | |
| Upside Participation (25%) | 7.24 7.98 | |
| Consistency (15%) | 8.54 10.00 | |
| Expense Ratio (5%) | 8.12 4.00 | |
| Liquidity (5%) | 8.31 6.55 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | JEPQ | QQQI |
|---|---|---|
| Expense Ratio | 0.350% | 0.680% |
| Inception Date | May 3, 2022 | Jan 30, 2024 |
| Issuer | JPMorgan | NEOS |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 3/5 stars | 2/5 stars |
Captured 72% of Nasdaq-100 upside with 32% lower volatility (13.7% vs 20.0%) for an 11.1% yield, at a 44-point cost in total return since 2022.
Investor Profile:
JEPQ is an actively managed JPMorgan fund that holds about 111 large-cap stocks, mainly from the Nasdaq-100, selected with a data-driven process. It earns option income through equity-linked notes on the Nasdaq-100 rather than writing options directly. It pays monthly and charges 0.35%.
Pays 13.8%, 2.6 points more than JEPQ, at a fee of 0.68% that is almost double JEPQ's 0.35%.
Investor Profile:
QQQI is an actively managed NEOS fund that holds large-cap Nasdaq-100 stocks, 106 positions, and sells index call options to generate monthly income. NEOS uses index options that qualify as Section 1256 contracts, taxed at the 60/40 rate. It aims for high monthly income in a tax-efficient way, with distributions that are partly return of capital.
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
28 covered call ETFs, rescored every month on total return, downside protection and NAV stability. One email a month, no promotions.
We store your email to send the monthly ranking. Unsubscribe any time by replying to any email. We never share or sell it.