JEPQ and QYLD 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 QYLD provides ~11.5% yield targeting retired investor seeking maximum cash flow, accepting capital erosion. 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
Global X Nasdaq 100 Covered Call ETF
5.2
Overall Score
| Criteria | JEPQ | QYLD |
|---|---|---|
| Overall Score | 6.0 5.2 | |
| Total Return (25%) | 6.3 2.0 | |
| Downside Protection (25%) | 4.1 8.3 | |
| Upside Participation (25%) | 7.4 5.0 | |
| Consistency (15%) | 4.9 4.8 | |
| Expense Ratio (5%) | 8.1 5.0 | |
| Liquidity (5%) | 8.3 7.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | JEPQ | QYLD |
|---|---|---|
| Expense Ratio | 0.350% | 0.600% |
| Inception Date | May 3, 2022 | Dec 11, 2013 |
| Issuer | JPMorgan | Global X |
| 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
The yield is real but capital erodes — use with full understanding of the trade-off
Investor Profile:
Retired investor seeking maximum cash flow, accepting capital erosion