JEPQ vs MLPD
JPMorgan Nasdaq Equity Premium Income ETF compared with Global X MLP & Energy Infrastructure Covered Call ETF on yield, payout growth, payment schedule, cost and risk.
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
TTM yield · Monthly
MLPD
Global X MLP & Energy Infrastructure Covered Call ETF
TTM yield · Monthly
Quick take
- MLPD yields more today: 13.14% vs 11.79% (forward).
- MLPD has grown its payout faster: 18.2%/yr vs 15.2%/yr over the last 1 year.
- Both pay every month.
- Over the last year JEPQ delivered the higher total return: +13.6% vs +8.4% (price change plus payouts).
- JEPQ is cheaper to own: 0.35% vs 0.60% expense ratio.
- JEPQ has the steadier distribution: consistency 88/100 vs 63/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPQ | MLPD |
|---|---|---|
| Share price | $58.43 | $24.52 |
| TTM yield | 11.79% | 14.05% |
| Forward yield | 11.79% | 13.14% |
| Annual payout per share | $6.886 | $3.222 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 16, 2026 (est.) |
| Expense ratio | 0.35% | 0.60% |
| 1-year payout growth | +15.2% | +18.2% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 2 years | 1 year |
| Payout consistency (last 12) | 88/100 | 63/100 |
| 1-year total return | +13.6% | +8.4% |
| 1-year price return | +1.6% | -5.0% |
| Size (market cap / AUM) | 44.3B | 25.7M |
| Years paying | 4.4 | 2.4 |
| 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 | MLPD | |
|---|---|---|
| Shares | 171.1 | 407.9 |
| Income per year | $1,179 | $1,314 |
| Income per month (avg) | $98 | $110 |
At forward yields, before taxes. Model JEPQ · Model MLPD
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| JEPQ Oct 31, 2026 | Nov 2, 2026 | $0.5738 | Est. |
| JEPQ Nov 30, 2026 | Dec 2, 2026 | $0.5738 | Est. |
| JEPQ Dec 30, 2026 | Jan 1, 2027 | $0.5738 | Est. |
| MLPD Nov 16, 2026 | Nov 30, 2026 | $0.2685 | Est. |
| MLPD Dec 14, 2026 | Dec 28, 2026 | $0.2685 | Est. |
| MLPD Jan 11, 2027 | Jan 25, 2027 | $0.2685 | Est. |
Annual payouts per share
JEPQMLPD
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 MLPD?
MLPD currently has the higher trailing yield: JEPQ yields 11.79% and MLPD yields 14.05%. Yield changes daily with price, so check the live figures above.
How often do JEPQ and MLPD pay?
JEPQ pays every month and MLPD pays every month. JEPQ's next ex-date is Oct 31, 2026 and MLPD's is Nov 16, 2026.
Which has grown its dividend faster, JEPQ or MLPD?
MLPD has grown its payout faster: 18.2%/yr vs 15.2%/yr over the last 1 year.
Is JEPQ or MLPD better for income?
It depends on what you are optimising for. JEPQ and MLPD 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.