JEPQ vs PEPS
JPMorgan Nasdaq Equity Premium Income ETF compared with Parametric Equity Plus ETF on yield, payout growth, payment schedule, cost and risk.
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
TTM yield · Monthly
PEPS
Parametric Equity Plus ETF
TTM yield · Quarterly
Quick take
- JEPQ yields more today: 11.32% vs 0.94% (forward).
- JEPQ pays every month; PEPS pays every quarter.
- Over the last year PEPS delivered the higher total return: +21.2% vs +19.5% (price change plus payouts).
- PEPS is cheaper to own: 0.10% vs 0.35% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPQ | PEPS |
|---|---|---|
| Share price | $59.76 | $32.89 |
| TTM yield | 11.32% | 0.91% |
| Forward yield | 11.32% | 0.94% |
| Annual payout per share | $6.765 | $0.308 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 21, 2026 (est.) |
| Expense ratio | 0.35% | 0.10% |
| 1-year payout growth | +11.2% | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 2 years | 1 year |
| Payout consistency (last 12) | 86/100 | 76/100 |
| 1-year total return | +19.5% | +21.2% |
| 1-year price return | +7.3% | +20.1% |
| Size (market cap / AUM) | 42.2B | 29.5M |
| Years paying | 4.3 | 1.7 |
| 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 | PEPS | |
|---|---|---|
| Shares | 167.3 | 304.0 |
| Income per year | $1,132 | $94 |
| Income per month (avg) | $94 | $8 |
At forward yields, before taxes. Model JEPQ · Model PEPS
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. |
| PEPS Sep 21, 2026 | Sep 25, 2026 | $0.077 | Est. |
| PEPS Dec 21, 2026 | Dec 25, 2026 | $0.077 | Est. |
| PEPS Mar 22, 2027 | Mar 26, 2027 | $0.077 | Est. |
Annual payouts per share
JEPQPEPS
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 PEPS?
JEPQ currently has the higher trailing yield: JEPQ yields 11.32% and PEPS yields 0.91%. Yield changes daily with price, so check the live figures above.
How often do JEPQ and PEPS pay?
JEPQ pays every month and PEPS pays every quarter. JEPQ's next ex-date is Oct 1, 2026 and PEPS's is Sep 21, 2026.
Is JEPQ or PEPS better for income?
It depends on what you are optimising for. JEPQ and PEPS 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.