Is SEP or JEPQ a better dividend investment in 2026?

SEP currently yields 5.65% with a 5% 5-year dividend growth rate. JEPQ yields 11.10% with 5% growth. The better choice depends on your goal: JEPQ offers higher current income.

What is the dividend yield difference between SEP and JEPQ?

SEP has a forward dividend yield of 5.65% ($2.00/share annually). JEPQ yields 11.10% ($6.16/share annually). The yield gap is 5.45 percentage points.

Home › Compare › SEP vs JEPQ

SEP vs JEPQ: Dividend Comparison 2026

SEP yields 5.65% · JEPQ yields 11.10%● Live data

vsPost on X →

After 10 years · $10,000 invested · DRIP enabled

🏆 SEP wins by $166.54M in total portfolio value· pulled ahead in Year 2

INVESTMENT

TIME HORIZON10 years

SEP

● Live price

5.65%

Share price

$35.40

Annual div

$2.00

5Y div CAGR

78.7%

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$166.58M

Annual income

$150,771,589.24

Full SEP calculator →

JEPQ

JPMorgan Nasdaq Equity Premium Income ETF

● Live price

11.10%

Share price

$55.52

Annual div

$6.16

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$44.8K

Annual income

$2,152.59

Full JEPQ calculator →

Portfolio growth — SEP vs JEPQ

📍 SEP pulled ahead of the other in Year 2

Annual dividend income

🛡️

Recession Test — Did They Cut Dividends?

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

Crisis Period	SEP	JEPQ
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%.

📅

Dividend Calendar Overlap

Combined, SEP + JEPQ cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

SEP pays

JEPQ pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

SEP

Annual income on $10K today (after 15% tax)

$480.23/yr

After 10yr DRIP, annual income (after tax)

$128,155,850.85/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, SEP beats the other by $128,154,021.15/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

SEP: 50%JEPQ: 50%

100% JEPQ50/50100% SEP

Portfolio after 10yr

$83.31M

Annual income

$75,386,870.91/yr

Blended yield

90.49%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SEP buys

JEPQ buys

No recent congressional trades found for SEP or JEPQ in the last 90 days.

STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →

MetricSEPJEPQ

Forward yield	5.65%	11.10% ✓
Annual dividend / share	$2.00	$6.16 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	78.7% ✓	0%
Portfolio after 10y	$166.58M ✓	$44.8K
Annual income after 10y	$150,771,589.24 ✓	$2,152.59
Total dividends collected	$165.34M ✓	$16.3K
Payment frequency	quarterly	monthly
Sector	Stock	ETF

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

Year	SEP Portfolio	SEP Income/yr	JEPQ Portfolio	JEPQ Income/yr	Gap
1	$11,710	$1,009.60	$11,930	$1,110.39	$220.00 → JEPQ
2← crossover	$14,504	$1,974.40	$14,133	$1,224.34	+$371.00 → SEP
3	$19,603	$4,084.24	$16,632	$1,340.46	+$3.0K → SEP
4	$30,195	$9,219.34	$19,454	$1,457.97	+$10.7K → SEP
5	$56,025	$23,716.22	$22,626	$1,576.08	+$33.4K → SEP
6	$133,437	$73,490.93	$26,175	$1,694.09	+$107.3K → SEP
7	$435,108	$292,329.68	$30,133	$1,811.32	+$405.0K → SEP
8	$2,057,529	$1,591,964.07	$34,531	$1,927.17	+$2.02M → SEP
9	$14,774,108	$12,572,552.15	$39,403	$2,041.08	+$14.73M → SEP
10	$166,579,885	$150,771,589.24	$44,787	$2,152.59	+$166.54M → SEP

SEP vs JEPQ: Complete Analysis 2026

SEP — Stock

SEP is a dividend-paying stock. Use this calculator to estimate your future dividend income, DRIP compounding returns, and passive income potential from investing in SEP shares.

Full SEP Calculator →

JEPQ — ETF

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 →

📬

Get this SEP vs JEPQ comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

SEP vs SCHD SEP vs JEPI SEP vs O SEP vs KO SEP vs MAIN SEP vs XYLD SEP vs QYLD SEP vs VYM

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