Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IVV vs JEPI: how they differ
Over the year IVV returned more, +17.6% against +7.2%, and IVV charges 0.03% against 0.35%.
iShares Core S&P 500 ETF and JPMorgan Equity Premium Income ETF.
What they hold in common
By the books each fund has filed, IVV and JEPI hold 33% of their money in the same securities at the same weight.
| Holding | IVV | JEPI |
|---|---|---|
| Apple, Inc. | 6.59% | 1.53% |
| NVIDIA Corp. | 7.52% | 1.53% |
| Alphabet, Inc. | 3.25% | 1.52% |
| Amazon.com, Inc. | 3.62% | 1.48% |
| Broadcom, Inc. | 2.77% | 1.33% |
| Microsoft Corp. | 4.30% | 1.30% |
| Meta Platforms, Inc. | 1.92% | 1.22% |
| Eli Lilly & Co. | 1.47% | 1.05% |
| Johnson & Johnson | 0.95% | 1.68% |
| Visa, Inc. | 0.88% | 1.42% |
| Lam Research Corp. | 0.84% | 1.57% |
| Walmart, Inc. | 0.77% | 0.92% |
| Only in IVV | Only in JEPI |
|---|---|
| Alphabet, Inc. 2.59% | BNP Paribas Issuance BV 0.97% |
| Micron Technology, Inc. 2.02% | BNP Paribas Issuance BV 0.96% |
| Tesla, Inc. 1.84% | Barclays Bank plc 0.95% |
| JPMorgan Chase & Co. 1.36% | National Bank of Canada 0.95% |
| Intel Corp. 1.02% | BNP Paribas Issuance BV 0.94% |
| Applied Materials, Inc. 0.89% | Citigroup Global Markets Holdings, Inc. 0.94% |
| Caterpillar, Inc. 0.76% | BofA Finance LLC 0.93% |
| Cisco Systems, Inc. 0.72% | Royal Bank of Canada 0.92% |
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 Jun 30, 2026.
| IVV iShares Core S&P 500 ETF | JEPI JPMorgan Equity Premium Income ETF | |
|---|---|---|
| Where it sits | Core index fund | Income ETF |
| Issuer | iShares | JPMorgan |
| What it is | S&P 500 | covered call, vs SPY |
| Total return, 1 year | +17.6% | +7.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.1 pts | −10.3 pts |
| Cash paid, 1 year | not an income fund | 8.0% |
| Expense ratio | 0.03% | 0.35% |
| Holdings | 504 | not filed |
IVV in plain words
IVV is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.
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, IVV or JEPI?
- In the year to Sep 12, 2026, with distributions reinvested, IVV returned +17.6% and JEPI returned +7.2%, so IVV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IVV or JEPI?
- IVV charges 0.03% a year and JEPI charges 0.35%, so IVV is cheaper. Fees come from each fund's prospectus.
- Are IVV and JEPI the same kind of fund?
- No. IVV 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.
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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, IVV against JEPI, data as of Sep 12, 2026. https://etfiq.com/compare/any/IVV-JEPI Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources