Updated Reviewed quarterly
JEPQ vs QQQ: ETF Comparison
JEPQ · JPMorgan
TER 0.35% · Yield —
QQQ · Invesco
TER 0.18% · Yield —
Both JEPQ and QQQ are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.
In 30 seconds: JEPQ (JPMorgan Nasdaq Equity Premium Income ETF, JPMorgan) trades on the NASDAQ at 0.35% TER. QQQ (Invesco QQQ Trust, Invesco) trades on the NASDAQ at 0.18% TER. Both JEPQ and QQQ are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.
- JEPQ: JPMorgan Nasdaq Equity Premium Income ETF — 0.35% TER, FIF above NZ$50K
- QQQ: Invesco QQQ Trust — 0.18% TER, FIF above NZ$50K
- JEPQ yield: not currently published
- QQQ yield: not currently published
- Cheaper TER: QQQ
Head-to-head comparison
| Feature | JEPQ | QQQ |
|---|---|---|
| Fund | JPMorgan Nasdaq Equity Premium Income ETF | Invesco QQQ Trust |
| Issuer | JPMorgan | Invesco |
| Exchange | NASDAQ | NASDAQ |
| Total expense ratio | 0.35% | 0.18% |
| Dividend yield (TTM) | — | — |
| Distribution frequency | Monthly | Quarterly |
| NZ tax wrapper | FIF above NZ$50K | FIF above NZ$50K |
Where to buy
JEPQ trades on the NASDAQ — buy via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. QQQ trades on the NASDAQ — buy via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. See all 11 NZ investment platforms compared.
Frequently asked questions
What is the difference between JEPQ and QQQ?▾
JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) charges 0.35% TER vs QQQ (Invesco QQQ Trust) at 0.18%. JEPQ is from JPMorgan; QQQ is from Invesco. Both JEPQ and QQQ are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.
Which has the lower fee, JEPQ or QQQ?▾
QQQ is cheaper at 0.18% TER vs JEPQ at 0.35% — a gap of 0.17 percentage points.
Which yields more, JEPQ or QQQ?▾
Yield data for at least one fund is not currently published — check the issuer fact sheet for the latest trailing 12-month yield. Headline yield is gross; after-tax outcome depends on your tax wrapper (FIF above NZ$50K for JEPQ, FIF above NZ$50K for QQQ).
Can NZ residents buy both JEPQ and QQQ?▾
Yes. JEPQ is available via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. QQQ is available via Hatch, Stake, Sharesies, Tiger and Interactive Brokers.
How does NZ tax differ between JEPQ and QQQ?▾
JEPQ is FIF above NZ$50K. QQQ is FIF above NZ$50K. Same tax wrapper, no structural tax difference between the two for NZ residents. See /tax/pie-vs-fif/ for the full mechanics.
Explore with AI
Ask an AI assistant about this page
Open a fresh session with your prompt pre-filled and this page's link attached — the assistant reads the page and answers with it as a source.
Prefer Google?Add etfs.co.nz as a preferred source →
