HomeCompareSMM vs JEPQ

SMM vs JEPQ: Dividend Comparison 2026

SMM yields 22.35% · JEPQ yields 11.10%● Live data

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After 10 years · $10,000 invested · DRIP enabled
🏆 JEPQ wins by $21.0K in total portfolio value
10 years
SMM
SMM
● Live price
22.35%
Share price
$8.95
Annual div
$2.00
5Y div CAGR
-50%
Payout ratio
50%
After 10 yrs · $10,000 · DRIP
Portfolio value
$23.8K
Annual income
$2.64
Full SMM 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 — SMM vs JEPQ

📍 JEPQ 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 PeriodSMMJEPQ
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, SMM + JEPQ cover 0 of 12 monthsgood coverage

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
SMM 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.

SMM
Annual income on $10K today (after 15% tax)
$1,899.44/yr
After 10yr DRIP, annual income (after tax)
$2.24/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, JEPQ beats the other by $1,827.46/year in after-tax income after 10 years on $10,000
⚖️

Lazy Portfolio Split Optimizer

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

SMM: 50%JEPQ: 50%
100% JEPQ50/50100% SMM
Portfolio after 10yr
$34.3K
Annual income
$1,077.61/yr
Blended yield
3.14%
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Analyst Conviction Gap

Where Wall Street is most bullish on JEPQ right now

SMM
Analyst Ratings
2
Sell
Consensus: Sell
JEPQ
No analyst data
Analyst ratings via FMP. Altman Z-Score: >3.0 safe, 1.81–3.0 grey zone, <1.81 distress. Piotroski: 7–9 strong, 0–3 weak.
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Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

SMM buys
0
JEPQ buys
0
No recent congressional trades found for SMM or JEPQ in the last 90 days.
STOCK Act mandates disclosure within 45 days of transaction. Data via FMP.Full tracker →
MetricSMMJEPQ
Forward yield22.35%11.10%
Annual dividend / share$2.00$6.16
Payout ratio50%50%
1-year div growth0%0%
5-year div CAGR-50%0%
Portfolio after 10y$23.8K$44.8K
Annual income after 10y$2.64$2,152.59
Total dividends collected$2.4K$16.3K
Payment frequencyquarterlymonthly
SectorStockETF

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

YearSMM PortfolioSMM Income/yrJEPQ PortfolioJEPQ Income/yrGap
1← crossover$11,817$1,117.32$11,930$1,110.39$113.00JEPQ
2$13,262$617.00$14,133$1,224.34$871.00JEPQ
3$14,513$323.55$16,632$1,340.46$2.1KJEPQ
4$15,695$165.46$19,454$1,457.97$3.8KJEPQ
5$16,877$83.61$22,626$1,576.08$5.7KJEPQ
6$18,100$42.01$26,175$1,694.09$8.1KJEPQ
7$19,389$21.06$30,133$1,811.32$10.7KJEPQ
8$20,756$10.54$34,531$1,927.17$13.8KJEPQ
9$22,214$5.27$39,403$2,041.08$17.2KJEPQ
10$23,772$2.64$44,787$2,152.59$21.0KJEPQ

SMM vs JEPQ: Complete Analysis 2026

SMMStock

Salient Midstream & MLP Fund is a closed ended equity mutual fund launched and managed by Salient Capital Advisors, LLC. The fund invests in the public equity markets of the United States. It invests in stocks of companies operating in the energy sector, including transporting, storing, gathering, processing, distributing, marketing and/or delivering natural gas, natural gas liquids, crude oil or refined products or coal. The fund primarily invests in midstream companies and master limited partnerships. It invests in stocks of large-cap, mid-cap, and small-cap companies. The fund benchmarks the performance of its portfolio against the Alerian MLP Index. Salient Midstream & MLP Fund was formed on May 24, 2012 and is domiciled in the United States.

Full SMM 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.