Quick Read – QQQI currently yields ~14% versus JEPQ’s ~11%, generating roughly $3,000 more annually on a $100,000 position. – QQQI’s index options qualify as Section 1256 contracts, taxed 60% as long-term capital gains, cutting the tax bite versus JEPQ’s ordinary income…
eatment. – QQQI’s -0.02% SEC yield signals distributions exceed earned income, risking return-of-capital payouts that can erode NAV if option premiums underperform. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and JPMorgan Nasdaq Equity Premium Income ETF didn’t make the cut. Grab the names FREE today
Income investors own the JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) for one reason: a Nasdaq-100 portfolio that pays a high monthly distribution from an options overlay, cheaply. Its 0.35% net expense ratio is among the lowest in the active covered-call category, and holders get the same mega-cap tech names that drive the index, led by NVIDIA at 7.1%, Apple at 6.1%, and Alphabet at 5.3%. The question is whether it is still the best Nasdaq income vehicle for someone who cares most about the monthly check.
A newer rival, the NEOS Nasdaq-100 High Income ETF (NASDAQ:QQQI), pays a higher distribution on the same index, though that bigger check comes with a catch worth understanding. What JEPQ Actually Pays JEPQ distributed $6.25232 per share in 2025, up from $5.39331 in 2024. At today’s $59.49 price, that is a trailing yield near 10.5%, about $10,500 a year on $100,000.