Covered Call ETFs
Covered call and options-income ETFs for high distribution yield (JEPI, JEPQ, QYLD, and more)
Data updated 2026-09-13. Yields refresh on an hourly cache.
Covered call ETFs hold equities or an index sleeve and sell call options to boost distribution income. Popular names include JEPI, JEPQ, QYLD, XYLD, DIVO, SPYI, and QQQI. Higher yield often means capped upside and, for some products, NAV pressure — compare peers here, then model decay in the NAV erosion calculator.
Related:YieldMax ETFsNAV erosion calculatorJEPI vs JEPQDividend calculatorCompare dividend returnsDividend stock screener
Avg. Yield
13.09%
Avg. Payout
0%
5Y Div Growth
+5.9%
0
Buy Rated
0%
Showing 14 of 14 stocks
Defiance Nasdaq 100 Weekly Distribution ETF
35.49%
Simplify Volatility Premium ETF
20.75%
NEOS Russell 2000 High Income ETF
14.13%
NEOS Nasdaq-100 High Income ETF
14.02%
Neos S&P 500(R) High Income ETF
11.82%
Global X - Russell 2000 Covered Call ETF
11.74%
Global X - Nasdaq 100 Covered Call ETF
11.57%
JPMorgan Nasdaq Equity Premium Income ETF
11.31%
Invesco S&P 500 BuyWrite ETF
11.27%
First Trust Nasdaq BuyWrite Income ETF
11.19%
Global X - S&P 500 Covered Call ETF
10.40%
JPMorgan Equity Premium Income ETF
8.09%
Amplify CWP Enhanced Dividend Income ETF
6.29%
ProShares - S&P 500 High Income ETF
5.21%
Frequently asked questions
What are covered call ETFs?
Covered call ETFs hold a stock or index portfolio and sell call options to generate extra distribution income. That often raises yield but can cap upside and, in some products, contribute to NAV pressure over time.
Which covered call ETFs are most popular?
Widely followed names include JEPI, JEPQ, QYLD, XYLD, DIVO, SPYI, and QQQI. Compare distribution yield, total return, and strategy (index vs equity vs single-stock) before buying.
How do I check if a covered call ETF is eroding NAV?
Use the NAV Erosion Calculator to model distributions against share-price decline, then compare peers on this list and in the Compare Dividend Returns tool.