Data as of . Every figure is the income desk's own, on published data.
FEPI vs JEPI
What they hold in common
By the books each fund has filed, FEPI and JEPI hold 11% of their money in the same securities at the same weight.
| Holding | FEPI | JEPI |
|---|---|---|
| NVIDIA CORPORATION | 7.76% | 1.53% |
| APPLE INC. | 5.14% | 1.53% |
| ALPHABET INC. | 8.83% | 1.52% |
| AMAZON.COM, INC. | 5.21% | 1.48% |
| BROADCOM INC. | 8.05% | 1.33% |
| MICROSOFT CORPORATION | 5.19% | 1.30% |
| META PLATFORMS, INC. | 5.14% | 1.22% |
| NETFLIX, INC. | 5.16% | 0.66% |
| ADVANCED MICRO DEVICES, INC. | 9.98% | 0.47% |
| ORACLE CORPORATION | 5.16% | 0.32% |
| Only in FEPI | Only in JEPI |
|---|---|
| MICRON TECHNOLOGY, INC. 8.91% | AbbVie, Inc. 1.74% |
| TESLA, INC. 7.47% | Howmet Aerospace, Inc. 1.70% |
| INTEL CORPORATION 5.24% | Johnson & Johnson 1.68% |
| PALANTIR TECHNOLOGIES INC. 5.17% | Eaton Corp. plc 1.64% |
| APPLOVIN CORPORATION 5.16% | Trane Technologies plc 1.62% |
| United States of America 2.42% | Lam Research Corp. 1.57% |
| Ross Stores, Inc. 1.52% | |
| NextEra Energy, Inc. 1.50% |
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 as filed for Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FEPI | JEPI | FEPI | JEPI | FEPI | JEPI | |
| 3 months | +2.7% | +5.1% | 6.0% | 2.0% | +0.6 pts | +0.4 pts |
| 6 months | +14.8% | +2.7% | 11.7% | 4.1% | −5.3 pts | −12.4 pts |
| 1 year | +17.8% | +9.2% | 23.2% | 8.1% | −7.8 pts | −10.7 pts |
| 3 years | n/a | +31.9% | n/a | 24.6% | n/a | −46.0 pts |
| Since launch | +66.6% | +96.0% | 66.0% | 60.9% | −30.1 pts | −89.0 pts |
| FEPI REX FANG & Innovation Equity Premium Income ETF | JEPI JPMorgan Equity Premium Income ETF | |
|---|---|---|
| Issuer | REX | JPMorgan |
| Strategy | covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy | S&P 500 (SPY) |
| Pays | weekly | monthly |
| Payout rate, annualised | 25.1% | 7.8% |
| Expense ratio | 0.65% | 0.35% |
| Cash paid, 1 year | 23.2% | 8.1% |
| Price change, 1 year | −7.5% | +0.8% |
| Total return, 1 year | +17.8% | +9.2% |
| Benchmark return, 1 year | +25.6% | +20.0% |
| Ahead or behind | −7.8 pts | −10.7 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1059 days | 2297 days |
FEPI in plain words
Over the year to Sep 4, 2026, FEPI paid 23.2% of its starting value in cash distributions while its price fell 7.5%. With every distribution reinvested, the fund returned +17.8%. Nasdaq-100 (QQQ), used as the innovation proxy returned +25.6% over the same days, so a holder was behind by 7.8 pts. At its price on Sep 4, 2026 the latest distribution annualises to 25.1%, paid weekly.
JEPI in plain words
Over the year to Sep 4, 2026, JEPI paid 8.1% of its starting value in cash distributions while its price rose 0.8%. With every distribution reinvested, the fund returned +9.2%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 10.7 pts. At its price on Sep 4, 2026 the latest distribution annualises to 7.8%, paid monthly.
Questions people ask
- Which paid more, FEPI or JEPI?
- Over the year to Sep 4, 2026, FEPI paid 23.2% of its starting price in cash and JEPI paid 8.1%, so FEPI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, FEPI or JEPI?
- With every distribution reinvested, FEPI returned +17.8% and JEPI returned +9.2% over the year to Sep 4, 2026, so FEPI returned more.
- Which is cheaper, FEPI or JEPI?
- FEPI charges 0.65% a year and JEPI charges 0.35%, so JEPI is cheaper. Fees come from each fund's prospectus.
Other comparisons
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, FEPI against JEPI, data as of Sep 4, 2026. https://etfiq.com/compare/income/FEPI-JEPI.html Free to use with attribution; the underlying files are at Open data.