JEPQ vs PBP
JPMorgan Nasdaq Equity Premium Income ETF compared with Invesco S&P 500 BuyWrite ETF on yield, payout growth, payment schedule, cost and risk.
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
TTM yield · Monthly
PBP
Invesco S&P 500 BuyWrite ETF
TTM yield · Monthly
Quick take
- JEPQ yields more today: 11.30% vs 10.71% (forward).
- PBP has grown its payout faster: 120.0%/yr vs 6.9%/yr over the last 3 years.
- Both pay every month.
- Over the last year JEPQ delivered the higher total return: +19.6% vs +18.9% (price change plus payouts).
- PBP is cheaper to own: 0.29% vs 0.35% expense ratio.
- JEPQ has the steadier distribution: consistency 86/100 vs 56/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPQ | PBP |
|---|---|---|
| Share price | $59.85 | $23.33 |
| TTM yield | 11.30% | 12.05% |
| Forward yield | 11.30% | 10.71% |
| Annual payout per share | $6.765 | $2.4975 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 21, 2026 (est.) |
| Expense ratio | 0.35% | 0.29% |
| 1-year payout growth | +11.2% | +16.9% |
| 5-year payout CAGR | — | +62.9% |
| Consecutive years of increases | 2 years | 4 years |
| Payout consistency (last 12) | 86/100 | 56/100 |
| 1-year total return | +19.6% | +18.9% |
| 1-year price return | +7.5% | +6.1% |
| Size (market cap / AUM) | 42.2B | 381.5M |
| Years paying | 4.3 | 18.5 |
| Sector / category | Derivative Income | Derivative Income |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| JEPQ | PBP | |
|---|---|---|
| Shares | 167.1 | 428.6 |
| Income per year | $1,130 | $1,071 |
| Income per month (avg) | $94 | $89 |
At forward yields, before taxes. Model JEPQ · Model PBP
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| JEPQ Oct 1, 2026 | Oct 3, 2026 | $0.5637 | Est. |
| JEPQ Oct 31, 2026 | Nov 2, 2026 | $0.5637 | Est. |
| JEPQ Nov 30, 2026 | Dec 2, 2026 | $0.5637 | Est. |
| PBP Sep 21, 2026 | Oct 5, 2026 | $0.2081 | Est. |
| PBP Oct 19, 2026 | Nov 2, 2026 | $0.2081 | Est. |
| PBP Nov 16, 2026 | Nov 30, 2026 | $0.2081 | Est. |
Annual payouts per share
JEPQPBP
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, JEPQ or PBP?
PBP currently has the higher trailing yield: JEPQ yields 11.30% and PBP yields 12.05%. Yield changes daily with price, so check the live figures above.
How often do JEPQ and PBP pay?
JEPQ pays every month and PBP pays every month. JEPQ's next ex-date is Oct 1, 2026 and PBP's is Sep 21, 2026.
Which has grown its dividend faster, JEPQ or PBP?
PBP has grown its payout faster: 120.0%/yr vs 6.9%/yr over the last 3 years.
Is JEPQ or PBP better for income?
It depends on what you are optimising for. JEPQ and PBP differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.