JEPI vs QYLD.
JPMorgan Equity Premium Income ETF (Active — S&P 500 stocks + option premium) against Global X Nasdaq 100 Covered Call ETF (Cboe Nasdaq-100 BuyWrite) — fees, long-horizon total returns, holdings overlap, and sector tilt, side by side.
| JEPI | QYLD | SPREAD | |
|---|---|---|---|
| YTD (cumulative) | +3.70% | +8.38% | -4.68 pp |
| 1Y CAGR | +8.94% | +21.1% | -12.12 pp |
| 3Y CAGR | +9.26% | +13.0% | -3.72 pp |
| 5Y CAGR | +7.39% | +8.29% | -0.90 pp |
| 10Y CAGR | — | +9.72% | — |
| Since inception CAGR | +11.3% | +8.33% | +2.93 pp |
Total return: dividend- and split-adjusted daily closes (distributions reinvested). Spread is JEPI minus QYLD. JEPI since-inception measured from first available bar May 21, 2020. QYLD since-inception measured from first available bar December 12, 2013. Since-inception spans differ — compare that row with care.
| JEPI | QYLD | |
|---|---|---|
| Name | JPMorgan Equity Premium Income ETF | Global X NASDAQ 100 Covered Call ETF |
| Category | Derivative Income | Derivative Income |
| Style | Active | Passive |
| Expense ratio | 0.35% | 0.61% |
| Assets (AUM) | $44.7B | $8.4B |
| Dividend yield | 8.11% | 5.94% |
| Avg volume (3-mo) | 5.4M | 5.5M |
| Inception | May 20, 2020 | December 11, 2013 |
| Benchmark proxy | S&P 500 | S&P 500 |
JEPI costs 0.26 pp less per year — about $26.00 per $10,000 invested.
| Shared holding | JEPI | QYLD | MIN |
|---|---|---|---|
| NVDANVIDIA Corp | 1.52% | 7.75% | 1.52% |
| AAPLApple Inc | 1.52% | 6.80% | 1.52% |
| GOOGLAlphabet Inc Class A | 1.51% | 3.33% | 1.51% |
Sum of min(weight in each fund) across shared tickers — the standard fund-overlap measure. Computed on the top 25 holdings each fund reports, so it is a lower bound; the coverage figures show how much of each fund those top holdings represent.