A side-by-side comparison of JEPQ (JEPQ) and Global X NASDAQ 100 Covered Call ETF (QYLD) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | JEPQ | QYLD |
|---|---|---|
| YTD Return | +121.93%✓ | +5.86% |
| 1-Day Change | +102.84%✓ | +0.11% |
| 1-Week Change | +102.43%✓ | +0.22% |
| 1-Month Change | +109.55%✓ | +2.20% |
| Current Price | $60.81 | $18.57 |
| AUM | — | $8.51B |
| MER (Expense Ratio) | — | 0.61% |
| Dividend Yield | — | 6.71% |
| Distribution Frequency | — | NA |
| Inception Date | — | 2013-12-11 |
| Holdings Count | — | 50 |
| MorningStar Rating | — | ★★★★ |
| Category | — | Derivative Income |
| Beta | — | 0.49 |
| 52-Week High | — | $18.59 |
| 52-Week Low | — | $14.97 |
| 50-Day MA | — | $18.16 |
| 200-Day MA | — | $17.88 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | JEPQ | QYLD |
|---|---|---|
| YTD | +121.93%✓ | +5.86% |
| 1 Year | — | +24.26% |
| 3 Year | — | +17.54% |
| 5 Year | — | +9.04% |
| 10 Year | — | +10.25% |
| 1Y Volatility | — | 8.59% |
| Sharpe Ratio (3Y) | — | 1.26 |
Past performance is not a guarantee of future results.
Sector Weights
| Sector | JEPQ | QYLD |
|---|---|---|
| Basic Materials | — | 0.90% |
| Communication Services | — | 12.84% |
| Consumer Cyclicals | — | 10.22% |
| Consumer Defensive | — | 5.63% |
| Energy | — | 0.46% |
| Financial Services | — | 0.19% |
| Healthcare | — | 3.76% |
| Industrials | — | 5.10% |
| Real Estate | — | 0.00% |
| Technology | — | 59.88% |
| Utilities | — | 1.01% |
About JEPQ
JEPQ (JEPQ.TO) is a Canadian-listed ETF traded on the TO. More detailed information will be available soon.
About QYLD
The fund will invest at least 80% of its total assets in the securities of the underlying index. The CBOE NASDAQ-100® BuyWrite Index is a benchmark index that measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the NASDAQ-100® Index, and writes (or sells) a succession of one-month at-the-money NASDAQ-100® Index covered call options. It is non-diversified.
Which ETF is Right for You?
Both JEPQ and QYLD are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, JEPQ scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between JEPQ and QYLD?
JEPQ (JEPQ) and QYLD (Global X NASDAQ 100 Covered Call ETF) are both Canadian-listed ETFs. Key differences include their AUM (— vs $8.51B), dividend yield (N/A vs 6.71%), and year-to-date performance (+121.93% vs +5.86%).
Is JEPQ better than QYLD?
There is no single "better" ETF — it depends on your investment goals. If you prioritise recent performance, JEPQ has outperformed year-to-date. Always review the fund's prospectus and consider your tax situation.
Can I buy JEPQ and QYLD on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both JEPQ and QYLD should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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