SmarterDividends

JEPI vs JEPQ: Which Is the Better Dividend Stock?

As of July 2026, JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) screens as the stronger dividend stock, winning 5 of 5 head-to-head metrics. JEPQ offers the higher yield at 11.16%, JEPQ has the higher dividend-safety score, and JEPQ trades at the larger discount to fair value (+74%).

MetricJEPIJEPQ
Forward yield8.03%11.16%
Annual dividend$4.57$6.26
Payout ratio
Years of growth1 yr2 yr
5-yr dividend growth-3.1%
5-yr total return
Dividend safety score42 (D)61 (C)
Fair value estimate$73.48$100.68
Upside to fair value+29%+74%
Frequencymonthlymonthly
Market cap
P/E ratio27.029.8

Higher yield

JEPQ

11.16%

Safer dividend

JEPQ

Grade C

Faster growth

JEPI

-3.1%

Better value

JEPQ

+74% upside

JEPI vs JEPQ — FAQ

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