JPMorgan Nasdaq Equity Premium Income ETF · Option-income ETF · graded on the House framework — is the payout covered, is the yield real or a trap, and does it compound or just pay? Snapshot · October 2026
JEPQJPMorgan Nasdaq Equity Premium Income ETFIn the HouseOption-income ETF
Yield
~9.3%
Distribution rate
Expense ratio
0.35%
Dividend growth
Varies
Distribution fluctuates
Pays
Monthly
House verdict
Income sleeve — capped upside. JEPI's higher-octane sibling: Nasdaq-100 covered calls pay more and swing more. Same rule applies — income sleeve, never the growth engine.
✓Coverage check:Premium-funded distribution, like JEPI. No earnings payout ratio applies.
!Yield check:~9.3% headline yield overstates what compounds; NAV can erode in choppy markets. Trap-adjacent if bought for the yield alone.
JEPQ in the House
Room: Tech Income — one of the House's own holdings, held at a 13% target weight. Target 13% — Nasdaq premium income. Tech cash flow paid monthly, with part of the upside sold away to pay it.
Every card is graded the same way and re-checked against the company's own filings. The Weekly House Score reports whatever crosses a House threshold; the House Tracker is the spreadsheet the framework itself runs on.
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Figures are the October 2026 snapshot, checked against company filings and announcements — not a live feed, and not financial advice. Read the full disclaimers.