JEPQ and QQQX are both covered call ETFs tracking the same benchmark, but with different approaches. JEPQ offers ~10.5% yield with a focus on investor seeking tech exposure with income, moderate volatility tolerance, while QQQX provides ~8% yield targeting sophisticated investor comfortable with cef structure. 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
6.0
Overall Score
Nuveen Nasdaq 100 Dynamic Overwrite Fund
4.2
Overall Score
| Criteria | JEPQ | QQQX |
|---|---|---|
| Overall Score | 6.0 4.2 | |
| Total Return (25%) | 6.3 4.0 | |
| Downside Protection (25%) | 4.1 — | |
| Upside Participation (25%) | 7.4 8.8 | |
| Consistency (15%) | 4.9 4.7 | |
| Expense Ratio (5%) | 8.1 1.3 | |
| Liquidity (5%) | 8.3 4.8 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | JEPQ | QQQX |
|---|---|---|
| Expense Ratio | 0.350% | 0.900% |
| Inception Date | May 3, 2022 | Jan 25, 2007 |
| Issuer | JPMorgan | Nuveen |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 3/5 stars | 5/5 stars |
The best income/growth compromise in the Nasdaq covered call segment
Investor Profile:
Investor seeking tech exposure with income, moderate volatility tolerance
Interesting dynamic approach — but CEF complexity and high fees limit its appeal vs newer ETF alternatives
Investor Profile:
Sophisticated investor comfortable with CEF structure