JEPQ vs QQQI ETF Comparison
Compare JEPQ and QQQI across fund costs, diversification, holdings, performance, income, risk and current AlgovestIQ evidence.
What is the main difference between JEPQ and QQQI?
JEPQ is JPMorgan Nasdaq Equity Premium Income ETF, while QQQI is NEOS Nasdaq-100 High Income ETF. JEPQ is tied to US Equity; QQQI is tied to Equity. QQQI is broader by holdings count, with 105 positions versus 94 for JEPQ. QQQI is more concentrated at the top, based on top-10 holdings weight.
| Metric | JEPQ | QQQI | Type |
|---|---|---|---|
| Expense ratio | 0.35% | 0.68% | Fund |
| Assets under management | $42.4B | $14.1B | Fund |
| Holdings | 94 | 105 | Fund |
| Top-10 concentration | 69.1% | 75.7% | Fund |
| Average volume | 7,044,790 | 201,630 | Fund |
| Underlying exposure | US Equity | Equity | Fund |
| Annualized volatility | 15% | 16.9% | Risk |
| Max drawdown | -10.3% | -13.7% | Risk |
| Beta | 1.04 | 1.18 | Risk |
| Sharpe ratio | 0.33 | 0.06 | Risk |
| Sortino ratio | 0.45 | 0.09 | Risk |
| AIQ Score | 56/100 | 51/100 | AlgovestIQ |
| AIQ Edge Score | 6/10 | 4/10 | AlgovestIQ |
| Momentum | 54/100 | 38/100 | AlgovestIQ |
| Risk Resilience | 80/100 | 83/100 | AlgovestIQ |
AlgovestIQ AIQ Comparison
JPMorgan Nasdaq Equity Premium Income ETF vs NEOS Nasdaq-100 High Income ETF
JEPQ leads
JEPQ leads by 5 AIQ points, primarily on Momentum and Quality, and the lead has widened from 1 points over 30 sessions.
Fragile: 1 of 4 evidence groups support JEPQ, its lead is widening, and its current signal state is conflicted.
JPMorgan Nasdaq Equity Premium Income ETF
NEOS Nasdaq-100 High Income ETF
The Algovestiq AIQ Score currently favors JEPQ over QQQI, 56 versus 51 as of Sep 5, 2026. JEPQ's advantage is driven primarily by stronger momentum and quality. JEPQ also shows the stronger technical structure relative to its 50-day moving average. 1 of 4 covered evidence groups favor JEPQ today, and the comparison is rated Fragile on stability: the AIQ gap is narrow at 5 points. JEPQ lead: Strengthening — the AIQ differential moved from 1 to 5 points over 30 sessions.
Compare JPMorgan Nasdaq Equity Premium Income ETF and NEOS Nasdaq-100 High Income ETF across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
Compare JEPQ and QQQI against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Momentum25%54 vs 38JEPQ +16
- Quality30%69 vs 65JEPQ +4
- Risk Resilience15%80 vs 83Even
- Value30%31 vs 32Even
1 of 4 evidence groups favor JEPQ. JEPQ’s edge is concentrated in momentum and quality.
What changed since the last close
Latest scored session 2026-09-03, compared against the prior scored session 2026-09-02.
Largest factor move: Momentum +19
New signals
- Uptrend Structure Active — bullish, trend, long horizon
Largest factor move: Momentum +6
No new signals fired.
JEPQ's lead widened by 4 AIQ points in the latest snapshot.
Deeper signal detail for each name lives on its own signals page — JEPQ and QQQI both carry a full feed there.
Which one fits your objective
The same two names rank differently depending on what you are optimizing for. All six reads are shown at once — none of them is hidden behind a toggle.
Balanced
JEPQJEPQ on the overall AIQ Score, which weights Quality and Value at 30% each.
Growth
EvenGrowth figures are not covered for both names.
Value
EvenThe two are level on Value.
Momentum
JEPQJEPQ on the Momentum factor, by 16 points.
Lower downside
EvenDownside measures are level or not covered.
Analyst upside
EvenAnalyst targets are level or not covered for both names.
Fund facts, side by side
Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.
| Measure | JEPQ | QQQI | Why it matters |
|---|---|---|---|
| Expense ratio | 0.35% | 0.68% | Lower is better — it compounds against you every year you hold. |
| Assets under management | $42.4B | $14.1B | Larger funds generally carry tighter spreads. |
| Holdings | 110 | 10 | More holdings means broader diversification, not better returns. |
| Average volume | 7,044,790 | 201,630 | Liquidity — matters most if you trade size. |
| Annualized volatility | 15% | 16.9% | Lower is a steadier ride for the same exposure. |
| Max drawdown | -10.3% | -13.7% | The worst peak-to-trough loss on record for the fund. |
| Sharpe ratio | 0.33 | 0.06 | Return per unit of risk. Higher is better. |
| Beta | 1.04 | 1.18 | Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio. |
Where the exposure actually sits
JEPQ and QQQI share 110.51% of their weighted exposure across 73 common holdings.
QQQI is the more concentrated of the two: its ten largest positions are 75.69% of the fund, against 69.11% for JEPQ (105 holdings vs 94). Concentration cuts both ways — it is what drives outperformance when the top names work, and what makes the drawdown deeper when they do not.
21 holdings are unique to JEPQ and 32 to QQQI. Owning both adds little diversification — they are largely the same exposure in different wrappers.
Largest shared positions
| Holding | JEPQ | QQQI | Shared |
|---|---|---|---|
| AAPLAPPLE INC COMMON STOCK | 13.11% | 14.68% | 13.11% |
| MSFTMICROSOFT CORP COMMON | 10.63% | 11.61% | 10.63% |
| MUMICRON TECHNOLOGY INC | 9.19% | 9.97% | 9.19% |
| AMZNAMAZON.COM INC COMMON | 7.95% | 8.7% | 7.95% |
| NVDANVIDIA CORP COMMON STOCK | 7.57% | 8.73% | 7.57% |
| AMDADVANCED MICRO DEVICES | 6.02% | 6.73% | 6.02% |
| WMTWALMART INC COMMON STOCK | 3.39% | 4.51% | 3.39% |
| LRCXLAM RESEARCH CORP COMMON | 3.88% | 3.31% | 3.31% |
Shared weight is the lower of the two positions — the portion of capital both funds genuinely have in the same security.
ETF comparison questions
Short answers to the fund-specific questions behind this comparison.
Which ETF is more diversified, JEPQ or QQQI?
QQQI currently has more reported holdings, with 105 positions versus 94.
Which has the lower expense ratio?
JEPQ has the lower reported expense ratio in the current fund profile.
Which ETF has the higher distribution yield?
The current dataset does not show a higher-yield winner.
Which ETF has been more volatile?
QQQI has the higher annualized volatility in the current risk snapshot.
Which ETF has had the smaller drawdown?
JEPQ has the less severe max drawdown in the current risk snapshot.
Which ETF has the stronger current AlgovestIQ evidence?
JEPQ currently leads on supporting AlgovestIQ evidence, 56 to 51.
AIQ Agreement Matrix
1 of 4 covered evidence groups favor JEPQ. A wide gap backed by one group is a weaker case than a narrow gap backed by five.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | JEPQ | 56 vs 51 |
| Fundamentals | Not covered | Not covered |
| Valuation | Even | Value 31 vs 32 |
| Technicals | Even | Price vs 50-day 0.7% vs 0.1%; vs 200-day 1.6% vs 1.1% |
| Risk Resilience | Even | Risk Resilience 80 vs 83 |
| Analyst expectations | Not covered | Not covered |
✓ agrees with the overall verdict · ✕ points the other way. Groups marked “not covered” lack data on one or both of JEPQ and QQQI and are excluded from the count.
AIQ Decision Stability
The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.
- The AIQ gap is narrow at 5 points. (argues the conclusion is provisional)
- Only 1 of 4 covered evidence groups agree. (argues the conclusion is provisional)
- The leader's advantage has been widening. (supports the conclusion holding)
- The leader is throwing conflicting signals. (argues the conclusion is provisional)
Stability combines the score gap, how broadly the evidence agrees, how steady the lead has been across daily snapshots, the current signal state on both names, and analyst dispersion on JEPQ.
How the comparison changed
120 daily snapshots · Apr 22 – Sep 3JEPQ lead: Strengthening — the AIQ differential moved from 1 to 5 points over 30 sessions.
- Today
- JEPQ +5
- 56 vs 51
- 7 sessions ago
- JEPQ +7
- 59 vs 52
- 30 sessions ago
- JEPQ +1
- 58 vs 57
- 90 sessions ago
- JEPQ +3
- 58 vs 55
The lead has not changed hands in this window.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
3 bullish / 1 bearish / 2 neutral, conflicted
- Golden Cross Active — bullish, trend, long horizon (1.29%)
- Bollinger Band Squeeze — neutral, volatility, short horizon
- EMA Ribbon Expansion Bullish — bullish, trend, medium horizon
1 bullish / 1 bearish / 2 neutral, conflicted
- Golden Cross Active — bullish, trend, long horizon (1.17%)
- Bollinger Band Squeeze — neutral, volatility, short horizon
- ATR Contraction - Coiling — neutral, volatility, short horizon (1.15%)
JEPQ leads the comparison while carrying a conflicted signal state, which is one reason the stability rating is not higher.
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Price and the AIQ Score both moved up over the latest session (price +0.3%, AIQ +5 points).
Price and the AIQ Score both moved up over the latest session (price +0.18%, AIQ +1 points).
What would flip this result
A state, not a forecast. These are the specific, observable changes that would reverse the verdict — not a price prediction.
- 1QQQI closes the Momentum gap — currently 16 points behind, the largest single contributor to JEPQ's edge.
- 2QQQI's Bollinger Band Squeeze turns directional — it is neutral today and would confirm a change in trend.
- 3JEPQ's conflicting signal state resolves bearish — it currently carries 3 bullish and 1 bearish rules at once.
- 4A regime shift changes factor weighting — the composite weights Quality and Value at 30% each, so a rotation toward either would move the result most.
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Technicals
Split| Metric | JEPQ | QQQI |
|---|---|---|
| RSI (14) | 40.8 | 38.2 |
| ADX (14) | 13.1 | 15.6 |
| Price vs 50-day | 0.7% | 0.1% |
| Price vs 200-day | 1.6% | 1.1% |
| Volatility (1M, annualized) | 11.1% | 11.4% |
Risk
Split| Metric | JEPQ | QQQI |
|---|---|---|
| Beta | 1.04 | 1.18 |
| Sharpe ratio | 0.33 | 0.06 |
| Sortino ratio | 0.45 | 0.09 |
| Max drawdown | -10.3% | -13.7% |
| Current drawdown | -2.9% | -5.3% |
| Annualized volatility | 15% | 16.9% |
| Value at risk (95%) | -1.7% | -1.8% |
Straight answers
Each answer is regenerated from the current snapshot, not written once and left to age.
Which is better, JEPQ or QQQI?
On the Algovestiq AIQ Score, JEPQ is the stronger of the two as of Sep 5, 2026, scoring 56 against QQQI's 51. The edge comes from momentum and quality. This is a systematic score, not a recommendation: it ranks the two on the same evidence, it does not know your holding period or tax position.
Is JEPQ or QQQI the better buy right now?
JEPQ carries the stronger systematic profile as of Sep 5, 2026, and the comparison is rated Fragile — 1 of 4 covered evidence groups agree. A Fragile rating means the conclusion is sensitive: the AIQ gap is narrow at 5 points. Treat the lead as provisional.
Why does the AIQ Score favor JEPQ over QQQI?
The composite weights Quality at 30%, Value at 30%, Momentum at 25% and Risk Resilience at 15%. JEPQ leads Momentum by 16 points; JEPQ leads Quality by 4 points. Where the two split, the factor with the larger weight carries the result.
Which is better value, JEPQ or QQQI?
Neither name separates on the peer-relative Value factor. The two are level on Value. The Value factor reads valuation relative to sector peers and to the company's own fundamental quality, so it is not the same as simply having the lower multiple.
Which has stronger growth, JEPQ or QQQI?
Growth figures are not covered for both names. Growth here is measured on reported revenue and earnings, not on forward estimates — it describes what the businesses have delivered, not what the Street expects next.
Which has stronger momentum, JEPQ or QQQI?
JEPQ on the Momentum factor, by 16 points. Momentum carries 25% of the AIQ composite. It has documented persistence over three- to twelve-month horizons, which makes it a timing input rather than a reason to hold something indefinitely.
Which is riskier, JEPQ or QQQI?
The two are close on downside measures. Downside measures are level or not covered. The Risk Resilience factor weights 15% of the composite; position sizing usually responds to it more usefully than the buy/avoid decision does.
Is JEPQ more profitable than QQQI?
Margin data is not comparable for both names in the current snapshot.
Is JEPQ's lead over QQQI getting stronger or weaker?
JEPQ lead: Strengthening — the AIQ differential moved from 1 to 5 points over 30 sessions. This is measured from 120 daily comparison snapshots between 2026-04-22 and 2026-09-03. The lead has not changed hands in that window.
What would change the JEPQ vs QQQI verdict?
The result is a state, not a forecast, so it changes when the underlying evidence changes. Concretely: QQQI closes the Momentum gap — currently 16 points behind, the largest single contributor to JEPQ's edge; QQQI's Bollinger Band Squeeze turns directional — it is neutral today and would confirm a change in trend; JEPQ's conflicting signal state resolves bearish — it currently carries 3 bullish and 1 bearish rules at once; a regime shift changes factor weighting — the composite weights Quality and Value at 30% each, so a rotation toward either would move the result most.
What do the current signals say about JEPQ and QQQI?
JEPQ: 3 bullish / 1 bearish / 2 neutral, conflicted. QQQI: 1 bullish / 1 bearish / 2 neutral, conflicted. A conflicted state means bullish and bearish rules are active on the same name at once — the technical evidence is not pointing one way, and a decision taken on it carries more timing risk. The most decision-relevant rule on JEPQ is Golden Cross Active (bullish, long horizon). On QQQI it is Golden Cross Active (bullish, long horizon).
Compare JEPQ and QQQI with others
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality (30%), Value (30%), Momentum (25%) and Risk (15%). Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.