JEPQ vs KLIP
JPMorgan Nasdaq Equity Premium Income ETF compared with KraneShares KWEB Covered Call Strategy ETF on yield, payout growth, payment schedule, cost and risk.
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
TTM yield · Monthly
KLIP
KraneShares KWEB Covered Call Strategy ETF
TTM yield · Monthly
Quick take
- KLIP yields more today: 29.65% vs 11.30% (forward).
- JEPQ has grown its payout faster: 11.2%/yr vs -35.9%/yr over the last 1 year.
- Both pay every month.
- Over the last year JEPQ delivered the higher total return: +19.6% vs -8.9% (price change plus payouts).
- JEPQ is cheaper to own: 0.35% vs 0.94% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPQ | KLIP |
|---|---|---|
| Share price | $59.85 | $22.87 |
| TTM yield | 11.30% | 29.65% |
| Forward yield | 11.30% | 29.65% |
| Annual payout per share | $6.765 | $6.781 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 27, 2026 (est.) |
| Expense ratio | 0.35% | 0.94% |
| 1-year payout growth | +11.2% | -35.9% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 2 years | 0 years |
| Payout consistency (last 12) | 86/100 | 87/100 |
| 1-year total return | +19.6% | -8.9% |
| 1-year price return | +7.5% | -29.7% |
| Size (market cap / AUM) | 42.2B | 95.9M |
| Years paying | 4.3 | 3.6 |
| Sector / category | Derivative Income | Derivative Income |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| JEPQ | KLIP | |
|---|---|---|
| Shares | 167.1 | 437.3 |
| Income per year | $1,130 | $2,965 |
| Income per month (avg) | $94 | $247 |
At forward yields, before taxes. Model JEPQ · Model KLIP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| JEPQ Oct 1, 2026 | Oct 3, 2026 | $0.5637 | Est. |
| JEPQ Oct 31, 2026 | Nov 2, 2026 | $0.5637 | Est. |
| JEPQ Nov 30, 2026 | Dec 2, 2026 | $0.5637 | Est. |
| KLIP Sep 27, 2026 | Oct 11, 2026 | $0.5651 | Est. |
| KLIP Oct 27, 2026 | Nov 10, 2026 | $0.5651 | Est. |
| KLIP Nov 26, 2026 | Dec 10, 2026 | $0.5651 | Est. |
Annual payouts per share
JEPQKLIP
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, JEPQ or KLIP?
KLIP currently has the higher trailing yield: JEPQ yields 11.30% and KLIP yields 29.65%. Yield changes daily with price, so check the live figures above.
How often do JEPQ and KLIP pay?
JEPQ pays every month and KLIP pays every month. JEPQ's next ex-date is Oct 1, 2026 and KLIP's is Sep 27, 2026.
Which has grown its dividend faster, JEPQ or KLIP?
JEPQ has grown its payout faster: 11.2%/yr vs -35.9%/yr over the last 1 year.
Is JEPQ or KLIP better for income?
It depends on what you are optimising for. JEPQ and KLIP differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.