JEPQ vs WEEL
JPMorgan Nasdaq Equity Premium Income ETF compared with Peerless Option Income Wheel ETF on yield, payout growth, payment schedule, cost and risk.
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
TTM yield · Monthly
WEEL
Peerless Option Income Wheel ETF
TTM yield · Quarterly
Quick take
- WEEL yields more today: 12.13% vs 11.79% (forward).
- JEPQ has grown its payout faster: 15.2%/yr vs 0.7%/yr over the last 1 year.
- JEPQ pays every month; WEEL pays every quarter.
- Over the last year JEPQ delivered the higher total return: +13.6% vs +11.6% (price change plus payouts).
- JEPQ is cheaper to own: 0.35% vs 0.99% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPQ | WEEL |
|---|---|---|
| Share price | $58.43 | $19.78 |
| TTM yield | 11.79% | 12.89% |
| Forward yield | 11.79% | 12.13% |
| Annual payout per share | $6.886 | $2.40 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 31, 2026 (est.) | Dec 24, 2026 (est.) |
| Expense ratio | 0.35% | 0.99% |
| 1-year payout growth | +15.2% | +0.7% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 2 years | 1 year |
| Payout consistency (last 12) | 88/100 | 91/100 |
| 1-year total return | +13.6% | +11.6% |
| 1-year price return | +1.6% | -1.1% |
| Size (market cap / AUM) | 44.3B | 44.6M |
| 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 | WEEL | |
|---|---|---|
| Shares | 171.1 | 505.6 |
| Income per year | $1,179 | $1,213 |
| Income per month (avg) | $98 | $101 |
At forward yields, before taxes. Model JEPQ · Model WEEL
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. |
| WEEL Dec 24, 2026 | Jan 7, 2027 | $0.60 | Est. |
| WEEL Mar 25, 2027 | Apr 8, 2027 | $0.60 | Est. |
| WEEL Jun 24, 2027 | Jul 8, 2027 | $0.60 | Est. |
Annual payouts per share
JEPQWEEL
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 WEEL?
WEEL currently has the higher trailing yield: JEPQ yields 11.79% and WEEL yields 12.89%. Yield changes daily with price, so check the live figures above.
How often do JEPQ and WEEL pay?
JEPQ pays every month and WEEL pays every quarter. JEPQ's next ex-date is Oct 31, 2026 and WEEL's is Dec 24, 2026.
Which has grown its dividend faster, JEPQ or WEEL?
JEPQ has grown its payout faster: 15.2%/yr vs 0.7%/yr over the last 1 year.
Is JEPQ or WEEL better for income?
It depends on what you are optimising for. JEPQ and WEEL 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.