JEPQ vs ULTI
JPMorgan Nasdaq Equity Premium Income ETF compared with REX IncomeMax Option Strategy ETF on yield, payout growth, payment schedule, cost and risk.
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
TTM yield · Monthly
ULTI
REX IncomeMax Option Strategy ETF
TTM yield · Weekly
Quick take
- ULTI yields more today: 106.37% vs 11.79% (forward).
- JEPQ pays every month; ULTI pays every week.
- JEPQ is cheaper to own: 0.35% vs 1.32% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPQ | ULTI |
|---|---|---|
| Share price | $58.43 | $5.27 |
| TTM yield | 11.79% | 165.29% |
| Forward yield | 11.79% | 106.37% |
| Annual payout per share | $6.886 | $5.6056 |
| Payment frequency | Monthly | Weekly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 29, 2026 (est.) |
| Expense ratio | 0.35% | 1.32% |
| 1-year payout growth | +15.2% | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 2 years | 0 years |
| Payout consistency (last 12) | 88/100 | 91/100 |
| 1-year total return | +13.6% | — |
| 1-year price return | +1.6% | — |
| Size (market cap / AUM) | 44.3B | 18.8M |
| Years paying | 4.4 | 0.9 |
| 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 | ULTI | |
|---|---|---|
| Shares | 171.1 | 1,897.5 |
| Income per year | $1,179 | $10,637 |
| Income per month (avg) | $98 | $886 |
At forward yields, before taxes. Model JEPQ · Model ULTI
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. |
| ULTI Oct 29, 2026 | Oct 30, 2026 | $0.1078 | Est. |
| ULTI Nov 5, 2026 | Nov 6, 2026 | $0.1078 | Est. |
| ULTI Nov 12, 2026 | Nov 13, 2026 | $0.1078 | Est. |
Annual payouts per share
JEPQULTI
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 ULTI?
ULTI currently has the higher trailing yield: JEPQ yields 11.79% and ULTI yields 165.29%. Yield changes daily with price, so check the live figures above.
How often do JEPQ and ULTI pay?
JEPQ pays every month and ULTI pays every week. JEPQ's next ex-date is Oct 31, 2026 and ULTI's is Oct 29, 2026.
Is JEPQ or ULTI better for income?
It depends on what you are optimising for. JEPQ and ULTI 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.