JEPQ: JPMorgan Nasdaq Equity Premium Income ETF

What does JEPQ hold?#

This fund owns Nasdaq-100 stocks picked by its managers. It also sells options to collect extra cash for monthly income. That means it gives up some gains when stocks rise fast, and it can still fall when tech stocks drop.

It does not track an index. Its managers choose what it holds. It had 110 holdings as of October 16, 2026, according to J.P. Morgan Asset Management.

What is the JEPQ expense ratio?#

JEPQ charges 0.35% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.35% fee comes to about $35 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has JEPQ done since 2022?#

From May 2022 to October 2026, JEPQ returned about 15.3% a year. Say you put in $10,000 at the start. It would have been worth about $18,888 at the end, with every dividend reinvested.

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

JEPQ returns by year#

What was JEPQ’s worst drop?#

A drawdown is how far a fund falls from its last high point. JEPQ’s worst fall was −20.1%, from February 19, 2025 to April 8, 2025. It got back to that high on August 8, 2025.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold JEPQ?#

No classic strategy holds JEPQ yet. You can add it to your own rules in the builder and see how they would have done.

How does JEPQ compare with similar ETFs?#

Funds that can stand in for JEPQ:

• GPIX: Goldman Sachs S&P 500 Premium Income ETF, 0.29% a year
• JEPI: JPMorgan Equity Premium Income ETF, 0.35% a year
• DIVO: Amplify CWP Enhanced Dividend Income ETF, 0.56% a year
• QYLD: Global X NASDAQ 100 Covered Call ETF, 0.6% a year

See all 8 JEPQ alternatives, compared on the same dates as JEPQ.

Test JEPQ in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add JEPQ, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for JEPQ. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from J.P. Morgan Asset Management. We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.