JEPQ vs ULTY
JPMorgan Nasdaq Equity Premium Income ETF compared with YieldMax Ultra Option Income Strategy ETF on yield, payout growth, payment schedule, cost and risk.
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
TTM yield · Monthly
ULTY
YieldMax Ultra Option Income Strategy ETF
TTM yield · Weekly
Quick take
- ULTY yields more today: 84.64% vs 11.30% (forward).
- JEPQ has grown its payout faster: 11.2%/yr vs -64.4%/yr over the last 1 year.
- JEPQ pays every month; ULTY pays every week.
- Over the last year JEPQ delivered the higher total return: +19.6% vs -6.9% (price change plus payouts).
- JEPQ is cheaper to own: 0.35% vs 1.30% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPQ | ULTY |
|---|---|---|
| Share price | $59.85 | $26.33 |
| TTM yield | 11.30% | 100.53% |
| Forward yield | 11.30% | 84.64% |
| Annual payout per share | $6.765 | $22.2862 |
| Payment frequency | Monthly | Weekly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 9, 2026 (est.) |
| Expense ratio | 0.35% | 1.30% |
| 1-year payout growth | +11.2% | -64.4% |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | 2 years | 0 years |
| Payout consistency (last 12) | 86/100 | 92/100 |
| 1-year total return | +19.6% | -6.9% |
| 1-year price return | +7.5% | -53.6% |
| Size (market cap / AUM) | 42.2B | 747.2M |
| Years paying | 4.3 | 2.5 |
| 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 | ULTY | |
|---|---|---|
| Shares | 167.1 | 379.8 |
| Income per year | $1,130 | $8,464 |
| Income per month (avg) | $94 | $705 |
At forward yields, before taxes. Model JEPQ · Model ULTY
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. |
| ULTY Sep 9, 2026 | Sep 23, 2026 | $0.4286 | Est. |
| ULTY Sep 16, 2026 | Sep 30, 2026 | $0.4286 | Est. |
| ULTY Sep 23, 2026 | Oct 7, 2026 | $0.4286 | Est. |
Annual payouts per share
JEPQULTY
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 ULTY?
ULTY currently has the higher trailing yield: JEPQ yields 11.30% and ULTY yields 100.53%. Yield changes daily with price, so check the live figures above.
How often do JEPQ and ULTY pay?
JEPQ pays every month and ULTY pays every week. JEPQ's next ex-date is Oct 1, 2026 and ULTY's is Sep 9, 2026.
Which has grown its dividend faster, JEPQ or ULTY?
JEPQ has grown its payout faster: 11.2%/yr vs -64.4%/yr over the last 1 year.
Is JEPQ or ULTY better for income?
It depends on what you are optimising for. JEPQ and ULTY 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.