JEPQ vs TSPY
JPMorgan Nasdaq Equity Premium Income ETF compared with TappAlpha SPY Growth & Daily Income ETF on yield, payout growth, payment schedule, cost and risk.
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
TTM yield · Monthly
TSPY
TappAlpha SPY Growth & Daily Income ETF
TTM yield · Monthly
Quick take
- TSPY yields more today: 14.23% vs 11.79% (forward).
- JEPQ has grown its payout faster: 15.2%/yr vs -4.6%/yr over the last 1 year.
- Both pay every month.
- Over the last year JEPQ delivered the higher total return: +13.6% vs +11.8% (price change plus payouts).
- JEPQ is cheaper to own: 0.35% vs 0.77% expense ratio.
- TSPY has the steadier distribution: consistency 98/100 vs 88/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPQ | TSPY |
|---|---|---|
| Share price | $58.43 | $25.06 |
| TTM yield | 11.79% | 14.23% |
| Forward yield | 11.79% | 14.23% |
| Annual payout per share | $6.886 | $3.565 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Nov 3, 2026 (est.) |
| Expense ratio | 0.35% | 0.77% |
| 1-year payout growth | +15.2% | -4.6% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 2 years | 1 year |
| Payout consistency (last 12) | 88/100 | 98/100 |
| 1-year total return | +13.6% | +11.8% |
| 1-year price return | +1.6% | -2.1% |
| Size (market cap / AUM) | 44.3B | 348.4M |
| Years paying | 4.4 | 2.1 |
| 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 | TSPY | |
|---|---|---|
| Shares | 171.1 | 399.0 |
| Income per year | $1,179 | $1,423 |
| Income per month (avg) | $98 | $119 |
At forward yields, before taxes. Model JEPQ · Model TSPY
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. |
| TSPY Nov 3, 2026 | Nov 4, 2026 | $0.2971 | Est. |
| TSPY Dec 1, 2026 | Dec 2, 2026 | $0.2971 | Est. |
| TSPY Dec 29, 2026 | Dec 30, 2026 | $0.2971 | Est. |
Annual payouts per share
JEPQTSPY
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 TSPY?
TSPY currently has the higher trailing yield: JEPQ yields 11.79% and TSPY yields 14.23%. Yield changes daily with price, so check the live figures above.
How often do JEPQ and TSPY pay?
JEPQ pays every month and TSPY pays every month. JEPQ's next ex-date is Oct 31, 2026 and TSPY's is Nov 3, 2026.
Which has grown its dividend faster, JEPQ or TSPY?
JEPQ has grown its payout faster: 15.2%/yr vs -4.6%/yr over the last 1 year.
Is JEPQ or TSPY better for income?
It depends on what you are optimising for. JEPQ and TSPY 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.