HomeCompareGMSAX vs JEPQ

GMSAX vs JEPQ: Dividend Comparison 2026

GMSAX yields 22.30% · JEPQ yields 11.10%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 GMSAX wins by $39.2K in total portfolio value
10 years
GMSAX
GMSAX
● Live price
22.30%
Share price
$8.97
Annual div
$2.00
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$84.0K
Annual income
$8,549.87
Full GMSAX calculator →
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
● Live price
11.10%
Share price
$55.52
Annual div
$6.16
5Y div CAGR
0%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$44.8K
Annual income
$2,152.59
Full JEPQ calculator →

Portfolio growth — GMSAX vs JEPQ

📍 GMSAX pulled ahead of the other in Year 1

Annual dividend income

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Recession Test — Did They Cut Dividends?

How each stock treated shareholders during the 3 biggest crises of the last 20 years

Crisis PeriodGMSAXJEPQ
2008–2009
GFC
— No data— No data
2020 Q1–Q2
COVID
— No data— No data
2022 Q4
Rate Hike
— No data— No data
Based on dividend payment history. "Increased" = dividend grew during crisis. "Maintained" = held within 3%. "Cut" = reduced by more than 3%.
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Dividend Calendar Overlap

Combined, GMSAX + JEPQ cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
GMSAX pays
JEPQ pays
Both pay
Neither
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Tax Bracket Optimizer

Which stock is actually better after tax? Adjust your rate to find out.

GMSAX
Annual income on $10K today (after 15% tax)
$1,895.21/yr
After 10yr DRIP, annual income (after tax)
$7,267.39/yr
JEPQ
Annual income on $10K today (after 15% tax)
$943.83/yr
After 10yr DRIP, annual income (after tax)
$1,829.70/yr
At 15% tax rate, GMSAX beats the other by $5,437.69/year in after-tax income after 10 years on $10,000
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Lazy Portfolio Split Optimizer

What's the optimal mix of GMSAX + JEPQ for your $10,000?

GMSAX: 50%JEPQ: 50%
100% JEPQ50/50100% GMSAX
Portfolio after 10yr
$64.4K
Annual income
$5,351.22/yr
Blended yield
8.31%
🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

GMSAX buys
0
JEPQ buys
0
No recent congressional trades found for GMSAX or JEPQ in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricGMSAXJEPQ
Forward yield22.30%11.10%
Annual dividend / share$2.00$6.16
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR0%0%
Portfolio after 10y$84.0K$44.8K
Annual income after 10y$8,549.87$2,152.59
Total dividends collected$50.4K$16.3K
Payment frequencyquarterlymonthly
SectorStockETF

Year-by-year: GMSAX vs JEPQ ($10,000, DRIP)

YearGMSAX PortfolioGMSAX Income/yrJEPQ PortfolioJEPQ Income/yrGap
1← crossover$12,930$2,229.65$11,930$1,110.39+$1.0KGMSAX
2$16,529$2,694.27$14,133$1,224.34+$2.4KGMSAX
3$20,905$3,218.97$16,632$1,340.46+$4.3KGMSAX
4$26,173$3,804.84$19,454$1,457.97+$6.7KGMSAX
5$32,457$4,452.04$22,626$1,576.08+$9.8KGMSAX
6$39,889$5,159.79$26,175$1,694.09+$13.7KGMSAX
7$48,608$5,926.38$30,133$1,811.32+$18.5KGMSAX
8$58,760$6,749.27$34,531$1,927.17+$24.2KGMSAX
9$70,498$7,625.11$39,403$2,041.08+$31.1KGMSAX
10$83,983$8,549.87$44,787$2,152.59+$39.2KGMSAX

GMSAX vs JEPQ: Complete Analysis 2026

GMSAXStock

The fund implements a trend-following strategy that takes long and/or short positions in a wide range of asset classes, including equities, fixed income, commodities and currencies, among others, to seek long-term absolute return. It seeks to achieve its investment objective by investing primarily in a portfolio of equities, equity index futures, bonds, bond futures, equity swaps, interest rate swaps, currency forwards and non-deliverable forwards, options, exchange traded funds ("ETFs"), and structured securities.

Full GMSAX Calculator →

JEPQETF

The fund seeks to achieve this objective by (1) creating an actively managed portfolio of equity securities comprised significantly of those included in the fund’s primary benchmark, the Nasdaq-100 Index (the Benchmark), and (2) through equity-linked notes (ELNs), selling call options with exposure to the Benchmark. It is non-diversified.

Full JEPQ Calculator →
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⚠️ Educational purposes only. Not financial advice. Congressional trades sourced from SEC STOCK Act filings via FMP. Past performance does not guarantee future results.