Is ZVOL or JEPQ a better dividend investment in 2026?

ZVOL currently yields 70.37% with a 5% 5-year dividend growth rate. JEPQ yields 11.10% with 5% growth. The better choice depends on your goal: ZVOL offers higher current income.

What is the dividend yield difference between ZVOL and JEPQ?

ZVOL has a forward dividend yield of 70.37% ($5.82/share annually). JEPQ yields 11.10% ($6.16/share annually). The yield gap is 59.27 percentage points.

Home › Compare › ZVOL vs JEPQ

ZVOL vs JEPQ: Dividend Comparison 2026

ZVOL yields 70.37% · JEPQ yields 11.10%● Live data

vsPost on X →

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

🏆 ZVOL wins by $1.03M in total portfolio value

INVESTMENT

TIME HORIZON10 years

ZVOL

● Live price

70.37%

Share price

$8.27

Annual div

$5.82

5Y div CAGR

Payout ratio

50%

After 10 yrs · $10,000 · DRIP

Portfolio value

$1.07M

Annual income

$281,889.74

Full ZVOL 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 — ZVOL vs JEPQ

📍 ZVOL pulled ahead of the other in Year 1

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	ZVOL	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, ZVOL + JEPQ cover 0 of 12 months — good coverage

Jan

—

Feb

—

Mar

—

Apr

—

May

—

Jun

—

Jul

—

Aug

—

Sep

—

Oct

—

Nov

—

Dec

—

ZVOL pays

JEPQ pays

Both pay

Neither

💰

Tax Bracket Optimizer

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

ZVOL

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

$5,981.86/yr

After 10yr DRIP, annual income (after tax)

$239,606.28/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, ZVOL beats the other by $237,776.58/year in after-tax income after 10 years on $10,000

⚖️

Lazy Portfolio Split Optimizer

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

ZVOL: 50%JEPQ: 50%

100% JEPQ50/50100% ZVOL

Portfolio after 10yr

$557.3K

Annual income

$142,021.16/yr

Blended yield

25.48%

🏛️

Copy Congress — What Are Politicians Buying?

Senate & House STOCK Act disclosures (last 90 days)

ZVOL buys

JEPQ buys

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

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

MetricZVOLJEPQ

Forward yield	70.37% ✓	11.10%
Annual dividend / share	$5.82	$6.16 ✓
Payout ratio	50%	50%
1-year div growth	0%	0%
5-year div CAGR	0%	0%
Portfolio after 10y	$1.07M	$44.8K ✓
Annual income after 10y	$281,889.74 ✓	$2,152.59
Total dividends collected	$912.2K ✓	$16.3K
Payment frequency	quarterly	monthly
Sector	Stock	ETF

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

Year	ZVOL Portfolio	ZVOL Income/yr	JEPQ Portfolio	JEPQ Income/yr	Gap
1← crossover	$17,737	$7,037.48	$11,930	$1,110.39	+$5.8K → ZVOL
2	$30,645	$11,666.10	$14,133	$1,224.34	+$16.5K → ZVOL
3	$51,627	$18,837.03	$16,632	$1,340.46	+$35.0K → ZVOL
4	$84,900	$29,658.31	$19,454	$1,457.97	+$65.4K → ZVOL
5	$136,424	$45,581.46	$22,626	$1,576.08	+$113.8K → ZVOL
6	$214,426	$68,452.55	$26,175	$1,694.09	+$188.3K → ZVOL
7	$329,989	$100,552.50	$30,133	$1,811.32	+$299.9K → ZVOL
8	$497,708	$144,620.56	$34,531	$1,927.17	+$463.2K → ZVOL
9	$736,403	$203,855.41	$39,403	$2,041.08	+$697.0K → ZVOL
10	$1,069,841	$281,889.74	$44,787	$2,152.59	+$1.03M → ZVOL

ZVOL vs JEPQ: Complete Analysis 2026

ZVOL — Stock

The Volatility Premium Plus ETF (Ticker: ZVOL) seeks to provide a monthly income stream and alternative source of diversification while monetizing the premium in the VIX futures term structure. ZVOL aims to provide daily investment results that correspond to the daily performance of the S&P 500 VIX Mid-Term Futures Inverse Daily Index (before fees and expenses).

Full ZVOL 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 ZVOL vs JEPQ comparison by email

Save your analysis + weekly dividend insights. Free forever.

More comparisons

ZVOL vs SCHD ZVOL vs JEPI ZVOL vs O ZVOL vs KO ZVOL vs MAIN ZVOL vs XYLD ZVOL vs QYLD ZVOL 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.