ETF Comparison
JEPQ vs ROCQ: Which Is the Better Pick in 2026?
A head-to-head comparison of JPMorgan Nasdaq Equity Premium Income ETF and JPMorgan Nasdaq Equity Premium Yield ETF covering yield, cost, risk, and income potential.
Data updated April 9, 2026
Side-by-side snapshot
| JEPQ | ROCQ | |
|---|---|---|
| Full name | JPMorgan Nasdaq Equity Premium Income ETF | JPMorgan Nasdaq Equity Premium Yield ETF |
| Issuer | JPMorgan | JPMorgan |
| Price | $55.92 | $49.80 |
| Distribution yield | 11.11% | — |
| Expense ratio | 0.35% | 0.35% |
| AUM | $34.3B | $105M |
| Distribution frequency | Monthly | Monthly |
| Underlying index | NASDAQ 100 | NASDAQ 100 |
| Objective | Covered Call | Covered Call |
| Asset class | Equity | Equity |
| Inception date | 05/03/2022 | 03/19/2026 |
| Beta | 0.78 | 0.0 |
| Last dividend | $0.56 | — |
| Ex-dividend date | 04/01/2026 | — |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) and ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) are both popular monthly-pay covered call ETFs, but they take different approaches.
JEPQ offers the higher yield at 11.11% vs for ROCQ. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
JEPQ is the larger fund by assets ($34.3B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, JEPQ would generate roughly $92.58/month while ROCQ would produce $0.00/month at current distribution rates. Both pay monthly distributions.
Cost & efficiency
Over 10 years on $10,000, JEPQ would cost approximately $350 in fees vs $350 for ROCQ (simplified, not compounded). Both charge the same expense ratio.
Strategy & risk
JEPQ tracks NASDAQ 100 with a covered call approach, while ROCQ tracks NASDAQ 100 using a covered call strategy. Beta is 0.78 for JEPQ and 0.0 for ROCQ, indicating ROCQ is less volatile relative to the market.
Fund details
JEPQ is managed by JPMorgan (launched 05/03/2022) with $34.3B in assets. ROCQ is managed by JPMorgan (launched 03/19/2026) with $105M in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is JEPQ or ROCQ better for dividend income?
It depends on your goals. JEPQ currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between JEPQ and ROCQ?
JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) tracks NASDAQ 100 with a covered call strategy, while ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) tracks NASDAQ 100 with a covered call approach. They are issued by JPMorgan and JPMorgan respectively.
Can I hold both JEPQ and ROCQ?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, JEPQ or ROCQ?
JEPQ has an expense ratio of 0.35% while ROCQ charges 0.35%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in JEPQ vs ROCQ generate?
At current yields, $10,000 in JEPQ would generate roughly $92.58 per month ($1,111.00 annually). The same in ROCQ would produce about $0.00 per month ($0.00 annually).
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