Computed head-to-head · 6 dimensions

JEPQ vs VOO

JPMorgan Nasdaq Equity Premium Income ETF versus Vanguard S&P 500 ETF — yield, safety, growth trend, cost, scale, and tax treatment.

VOO wins 4–1 on our six-dimension comparison, but JEPQ can still be the better fit depending on your priorities — see each dimension below.

Scorecard at a glance

Dimension	JEPQ	VOO	Winner
Yield	9.95%	1.07%	JEPQ wins
Dividend safety	5.4/10	7.4/10	VOO wins
Growth trend	—	—	Tie
Expense ratio	35.00%	3.00%	VOO wins
Scale	$40.7B	$1.7T	VOO wins
Tax efficiency	Ordinary income	Qualified-eligible	VOO wins
Overall	1 wins	4 wins	VOO wins

Dimension by dimension

JEPQ wins on yield (9.95% vs 1.07%)

On a $10,000 investment that's about $888 more in annual dividend income before taxes — though higher yield often comes with higher risk.

JEPQ's higher yield (9.95%) looks attractive but investors should weigh whether the extra income compensates for any additional risk versus VOO's 1.07% — especially if the higher yield is driven by covered calls or a falling share price.

JEPQ: 9.95%VOO: 1.07%

VOO wins on safety (7.4/10 vs 5.4/10)

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

VOO (7.4/10) scores 2.0 points higher than JEPQ (5.4/10). A higher safety score means lower historical indicators of dividend cut risk — payout ratio, yield zone, and trend all factor in.

JEPQ: 5.4/10VOO: 7.4/10

Yield-trend comparison unavailable

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

JEPQ: —VOO: —

VOO is cheaper (3.00% vs 35.00%)

On a $10,000 position the lower expense ratio saves about $3200/year — small annually but compounds significantly over 20+ years.

On $10,000 invested, VOO's lower expense ratio saves roughly $32/year in fees versus JEPQ. Over 20 years that compounds to a meaningful drag — expense ratios are one of the few costs investors fully control.

JEPQ: 35.00%VOO: 3.00%

VOO is 41.1× larger by AUM

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

JEPQ: $40.7BVOO: $1.7T

VOO is more tax-efficient in a taxable account

JEPQ's distributions are typically taxed as ordinary income (covered call ETF, REIT, or mREIT) — versus qualified dividends from VOO which get the lower long-term capital gains rate.

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

JEPQ: Ordinary incomeVOO: Qualified-eligible

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 VOO?

VOO wins 4–1 on our six-dimension comparison, but JEPQ can still be the better fit depending on your priorities — see each dimension below.

JEPQ vs VOO: which has a higher dividend yield?

JEPQ yields 9.95% and VOO yields 1.07%. On a $10,000 investment that's about $888 more in annual dividend income before taxes — though higher yield often comes with higher risk.

Is JEPQ or VOO a safer dividend in 2026?

JEPQ scores 5.4/10 (Mixed) on the Infnits dividend safety scale. VOO scores 7.4/10 (Solid). VOO is the safer pick on our scoring model.

Which has better dividend growth, JEPQ or VOO?