Computed head-to-head · 6 dimensions

JEPQ vs SVOL

JPMorgan Nasdaq Equity Premium Income ETF versus Simplify Volatility Premium ETF — yield, safety, growth trend, cost, scale, and tax treatment.

JEPQ wins 3–1 on our six-dimension comparison, but SVOL can still be the better fit depending on your priorities — see each dimension below.

Scorecard at a glance

Dimension	JEPQ	SVOL	Winner
Yield	9.95%	22.02%	SVOL wins
Dividend safety	5.4/10	4.7/10	JEPQ wins
Growth trend	—	—	Tie
Expense ratio	35.00%	66.00%	JEPQ wins
Scale	$40.7B	$563M	JEPQ wins
Tax efficiency	Ordinary income	Ordinary income	Tie
Overall	3 wins	1 wins	JEPQ wins

Dimension by dimension

SVOL wins on yield (22.02% vs 9.95%)

On a $10,000 investment that's about $1207 more in annual dividend income before taxes — though higher yield often comes with higher risk.

SVOL's higher yield (22.02%) looks attractive but investors should weigh whether the extra income compensates for any additional risk versus JEPQ's 9.95% — especially if the higher yield is driven by covered calls or a falling share price.

JEPQ: 9.95%SVOL: 22.02%

JEPQ wins on safety (5.4/10 vs 4.7/10)

Our score combines yield zone, payout ratio, trend vs 5-year average, instrument type, and size. JEPQ scores better on the weighted average of those factors.

JEPQ (5.4/10) scores 0.7 points higher than SVOL (4.7/10). A higher safety score means lower historical indicators of dividend cut risk — payout ratio, yield zone, and trend all factor in.

JEPQ: 5.4/10SVOL: 4.7/10

Yield-trend comparison unavailable

One or both tickers are missing 5-year average yield data.

JEPQ: —SVOL: —

JEPQ is cheaper (35.00% vs 66.00%)

On a $10,000 position the lower expense ratio saves about $3100/year — small annually but compounds significantly over 20+ years.

On $10,000 invested, JEPQ's lower expense ratio saves roughly $31/year in fees versus SVOL. Over 20 years that compounds to a meaningful drag — expense ratios are one of the few costs investors fully control.

JEPQ: 35.00%SVOL: 66.00%

JEPQ is 72.2× larger by AUM

Larger funds tend to have tighter spreads, deeper liquidity, and lower closure risk.

JEPQ: $40.7BSVOL: $563M

Both have similar tax-treatment concerns

Both pay primarily ordinary-income distributions (covered call ETF, REIT, or mREIT). Hold in a tax-advantaged account for the cleanest treatment.

JEPQ uses a covered-call or options strategy that typically generates ordinary income taxed at your full marginal rate. SVOL's dividends may qualify for the 0–20% qualified dividend rate. In a taxable account, SVOL keeps more of your income after taxes.

JEPQ: Ordinary incomeSVOL: Ordinary income

How we compare these

Every comparison on this page is computed from current public data, not written by hand. Yield comes from the most recent dividend distribution annualized over current price. Safety scores combine yield zone, payout ratio, trend vs 5-year average, instrument type, and size — see our methodology for the exact formula. Tax-efficiency flags identify covered-call ETFs, REITs, and mREITs which distribute primarily as ordinary income.

This is educational, not investment advice.Scores reflect a snapshot of public data on the "as of" dates shown on each ticker's safety page. Verify on the issuer's investor relations page or your brokerage before making decisions.

Frequently asked

Which is better for income, JEPQ or SVOL?

JEPQ wins 3–1 on our six-dimension comparison, but SVOL can still be the better fit depending on your priorities — see each dimension below.

JEPQ vs SVOL: which has a higher dividend yield?

JEPQ yields 9.95% and SVOL yields 22.02%. On a $10,000 investment that's about $1207 more in annual dividend income before taxes — though higher yield often comes with higher risk.

Is JEPQ or SVOL a safer dividend in 2026?

JEPQ scores 5.4/10 (Mixed) on the Infnits dividend safety scale. SVOL scores 4.7/10 (Weak). JEPQ is the safer pick on our scoring model.

Which has better dividend growth, JEPQ or SVOL?