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JPMorgan Nasdaq Equity Premium Income Active ETF (JEPQ) and Mackenzie NASDAQ 100 Index ETF (QQQQ) offer distinct profiles for Canadian ETF investors. A direct comparison shows that JEPQ focuses its top 3 sector exposures on Technology, Consumer Non-Cyclicals, and Healthcare, while QQQQ leans towards Technology, Consumer Non-Cyclicals, and Healthcare. When evaluating costs, JEPQ features a management fee (MER) of 0.35%, compared to 0.25% for QQQQ. Performance-wise, JEPQ has returned 11.55% year-to-date with +$101 M in net flows, whereas QQQQ is at 16.8% with +$124 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
JEPQ
QQQQ
| AuM | $237.80 M | $140.43 M |
| Management Fees | 0.35% | 0.25% |
| Exp. ratio | 0.40% | 0.25% |
| Tracking Difference | - | -0.37% |
Historical performance and flows
As of September 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | JEPQ | +2.78% | +0.78% | +11.55% | +22.14% | - |
QQQQ | -3.36% | -4.24% | +16.80% | +26.50% | - | |
| Flows | JEPQ | +$15 M | +$52 M | +$101 M | +$116 M | - |
QQQQ | +$3 M | +$115 M | +$124 M | +$135 M | - |
JEPQ vs QQQQ exposure
Countries
JEPQ
USA
90.65%
Other
9.35%
QQQQ
USA
93.61%
Sectors
JEPQ
Technology
66.81%
Consumer Non-Cyclicals
11.51%
Other
21.68%
QQQQ
Technology
67.89%
Consumer Non-Cyclicals
12.03%
Other
20.09%
As of September 1, 2026
Top 10 Holdings
JEPQ
NVIDIA Corp.
8.30%
Apple, Inc.
7.70%
Alphabet, Inc.
6.33%
Microsoft Corp.
6.04%
Amazon.com, Inc.
5.21%
Micron Technology, Inc.
4.93%
Advanced Micro Devices, Inc.
3.92%
Meta Platforms, Inc.
2.91%
Broadcom Inc.
2.75%
Lam Research Corp.
2.43%
QQQQ
Apple, Inc.
8.17%
NVIDIA Corp.
7.88%
Microsoft Corp.
5.59%
Micron Technology, Inc.
4.54%
Amazon.com, Inc.
4.23%
Advanced Micro Devices, Inc.
3.65%
Alphabet, Inc.
3.24%
Broadcom Inc.
3.07%
Alphabet, Inc.
3.04%
Meta Platforms, Inc.
2.66%
Diversification
JEPQ
Total weight of top 10 holdings out of 92 total
50.51%
QQQQ
Total weight of top 10 holdings out of 103 total
46.07%
Characteristics
Compare
JEPQ
QQQQ
| Provider | J.P. Morgan Asset Management | Mackenzie Investments |
| Management | Actively managed | Passively managed |
| Benchmark | - | Nasdaq-100 Notional Net Return 15% Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 10.71% | 0.09% |
| Meets ESG criteria | No | No |
| Inception Date | September 27, 2024 | August 19, 2025 |
Frequently asked questions about JEPQ and QQQQ
Which ETF has performed better year to date: JEPQ or QQQQ?
As of September 1, 2026, JEPQ has returned 11.55% year to date, while QQQQ has returned 16.80%. QQQQ is ahead on YTD performance.
Which ETF is larger by assets under management: JEPQ or QQQQ?
As of September 1, 2026, JEPQ manages $237.80 M in assets, while QQQQ manages $140.43 M. JEPQ is the larger fund by AUM.
How are JEPQ and QQQQ managed?
JEPQ is actively managed by J.P. Morgan Asset Management. It does not track an index. QQQQ is passively managed by Mackenzie Investments. It tracks the Nasdaq-100 Notional Net Return 15% Index - CAD benchmark.
What sectors do JEPQ and QQQQ emphasize?
JEPQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare. QQQQ is most exposed to Technology, Consumer Non-Cyclicals, and Healthcare.
Which ETF is attracting more investor flows: JEPQ or QQQQ?
Year to date, JEPQ has seen +$101.26 M in net flows, compared with +$123.69 M for QQQQ. QQQQ has attracted more net investor money so far.
How do the fees of JEPQ and QQQQ compare?
JEPQ has an expense ratio of 0.40%, while QQQQ has an expense ratio of 0.25%.
What are the top holdings of JEPQ and QQQQ?
JEPQ's largest holdings include NVIDIA Corp., Apple, Inc., and Alphabet, Inc.. QQQQ's top holdings include Apple, Inc., NVIDIA Corp., and Alphabet, Inc..
Which ETF is more diversified: JEPQ or QQQQ?
JEPQ holds 90 securities, while QQQQ holds 100. On holdings count, QQQQ is the more diversified portfolio.
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