Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
HDV vs JEPI: how they differ
Over the year HDV returned more, +22.5% against +7.2%, and HDV charges 0.08% against 0.35%.
iShares Core High Dividend ETF and JPMorgan Equity Premium Income ETF.
What they hold in common
By the books each fund has filed, HDV and JEPI hold 14% of their money in the same securities at the same weight.
| Holding | HDV | JEPI |
|---|---|---|
| ABBVIE INC | 5.45% | 1.74% |
| JOHNSON & JOHNSON | 5.70% | 1.68% |
| PHILIP MORRIS INTERNATIONAL INC | 4.18% | 1.35% |
| MONDELEZ INTERNATIONAL INC | 1.31% | 1.25% |
| PEPSICO INC | 3.67% | 1.21% |
| EOG RESOURCES INC | 1.14% | 1.46% |
| SOUTHERN COMPANY (THE) | 1.55% | 0.83% |
| MERCK & COMPANY INC | 3.78% | 0.81% |
| PROGRESSIVE CORP (THE) | 3.80% | 0.69% |
| ENTERGY CORP | 0.62% | 1.08% |
| TEXAS INSTRUMENTS INC | 3.55% | 0.61% |
| PROCTER & GAMBLE COMPANY (THE) | 4.47% | 0.41% |
| Only in HDV | Only in JEPI |
|---|---|
| CHEVRON CORP 6.45% | Howmet Aerospace, Inc. 1.70% |
| HOME DEPOT INC (THE) 4.08% | Eaton Corp. plc 1.64% |
| COCA-COLA COMPANY (THE) 3.88% | Trane Technologies plc 1.62% |
| BLACKSTONE INC 2.43% | Lam Research Corp. 1.57% |
| QUALCOMM INC 2.38% | Apple, Inc. 1.53% |
| ACCENTURE PLC 1.65% | NVIDIA Corp. 1.53% |
| DUKE ENERGY CORP 1.57% | Ross Stores, Inc. 1.52% |
| MEDTRONIC PLC 1.55% | Alphabet, Inc. 1.52% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| HDV iShares Core High Dividend ETF | JEPI JPMorgan Equity Premium Income ETF | |
|---|---|---|
| Where it sits | Core index fund | Income ETF |
| Issuer | iShares | JPMorgan |
| What it is | Core High Dividend | covered call, vs SPY |
| Total return, 1 year | +22.5% | +7.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.0 pts | −10.3 pts |
| Cash paid, 1 year | not an income fund | 8.0% |
| Expense ratio | 0.08% | 0.35% |
| Holdings | 75 | not filed |
HDV in plain words
HDV is an index equity fund tracking the Core High Dividend. Over the year to Sep 11, 2026 it returned +22.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 75 positions, with the top ten at 50.2%.
JEPI in plain words
Over the year to Sep 11, 2026, JEPI paid 8.0% of its starting value in cash distributions while its price fell 1.1%. With every distribution reinvested, the fund returned +7.2%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was behind by 10.3 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 7.9%, paid monthly.
Questions people ask
- Which returned more over the last year, HDV or JEPI?
- In the year to Sep 12, 2026, with distributions reinvested, HDV returned +22.5% and JEPI returned +7.2%, so HDV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HDV or JEPI?
- HDV charges 0.08% a year and JEPI charges 0.35%, so HDV is cheaper. Fees come from each fund's prospectus.
- Are HDV and JEPI the same kind of fund?
- No. HDV is an index ETF and JEPI is an option-income ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, HDV against JEPI, data as of Sep 12, 2026. https://etfiq.com/compare/any/HDV-JEPI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources