JEPQ
JPMorgan Nasdaq Equity Premium Income ETF · JPMorgan
Dividend ETFs
1Y Return
+21.5%
Expense Ratio
0.35%
AUM
$40.3B
Dividend Yield
10.76%
Avg Annual Growth (Since Inception)
+9.7%
Issuer
JPMorgan

Overview

JEPI's Nasdaq sibling: a defensive Nasdaq-100 stock book plus covered-call writing, converting tech volatility into a double-digit monthly income stream.

Top Holdings

TickerHoldingWeight
Nasdaq-100-based equity portfolio~80%
ELNEquity-linked notes (call overlay)~20%
Top names: NVDA, MSFT, AAPL, AVGO

Fund Details

Index
Active — JPMorgan proprietary
# Holdings
~110
Inception
May 2022
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Monthly
Avg Annual Growth (Since Inception)
+9.7%
Avg Annual Yield (Since Inception)
10.25%

Investment Thesis

JEPQ applies the JEPI playbook to the Nasdaq-100, and because tech options carry richer premiums than S&P options, the income is bigger — a yield above 10% recently. The same honest trade-off applies at larger scale: in tech melt-ups the sold calls cap the upside, so its +21.5% year against the Nasdaq-100's stronger run is the strategy paying you cash instead of full capital gains. It has become one of the fastest-growing income funds ever launched.

Who It's For

Income investors who want technology exposure but would rather harvest its volatility than ride it. A natural pairing with JEPI for a two-fund monthly-income core; wrong fund for maximising long-run growth.

10-Year History

Annual Closing Price
YearClose% Chg
2016----
2017----
2018----
2019----
2020----
2021----
2022$40.14--
2023$43.55+8.5%
2024$48.99+12.5%
2025$52.91+8.0%
Annual Dividend Yield
YearYield
2016--
2017--
2018--
2019--
2020--
2021--
2022--
202310.20%
20249.80%
202510.76%
Annual AUM
YearAUM% Chg
2016----
2017----
2018----
2019----
2020----
2021----
2022$4.0B--
2023$8.6B+115.0%
2024$19B+120.9%
2025$40B+110.5%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

Markets. Intelligence. Daily.

Full briefs on 251 ETFs, curated daily ETF news, and a free weekly deep-dive newsletter — all on ETFHub.

Get the Free Weekly Brief Explore the ETF Portal Official Fund Page →