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Data as of .

FEPI vs JEPI: which paid, and which earned it?

Over the year FEPI paid 23.4% of its price in cash against JEPI’s 8.0%, and returned more with it reinvested.

REX FANG & Innovation Equity Premium Income ETF and JPMorgan Equity Premium Income ETF, side by side, income ETFs on ETFIQ.

23.4%FEPI cash paid, 1 year
8.0%JEPI cash paid, 1 year
+17.1%FEPI total return, 1 year
+7.2%JEPI total return, 1 year

ETFIQ Return Stability Score: JEPI scores higher

Was the payout funded by returns, or by your own capital?

FEPI 37.9JEPI 42.53.2, the lowest in this set96.9, the highest

A percentile among the 161 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

FEPI5.8 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%FEPI+17.1%23.4% of it arrived as cash5.8 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%FEPI+17.1%23.4% as cash5.8 pts behind QQQ
JEPI10.3 pts behind SPY · 1 year to Sep 11, 2026
SPY+17.5%JEPI+7.2%8.0% of it arrived as cash10.3 pts behind SPYTotal return, distributions reinvestedSPY+17.5%JEPI+7.2%10.3 pts behind SPY

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.

Positions FEPI and JEPI both hold, largest shared weight first
HoldingFEPIJEPI
APPLE INC.5.14%1.53%
NVIDIA CORPORATION7.76%1.53%
ALPHABET INC.8.83%1.52%
AMAZON.COM, INC.5.21%1.48%
BROADCOM INC.8.05%1.33%
MICROSOFT CORPORATION5.19%1.30%
META PLATFORMS, INC.5.14%1.22%
NETFLIX, INC.5.16%0.66%
ADVANCED MICRO DEVICES, INC.9.98%0.47%
ORACLE CORPORATION5.16%0.32%
Largest positions each one holds and the other does not
Only in FEPIOnly 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 dated Apr 30, 2026 and Jun 30, 2026.

Performance, window by window

FEPI and JEPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FEPIJEPIFEPIJEPIFEPIJEPI
3 months+4.2%+3.1%6.1%2.0%+5.0 pts−0.2 pts
6 months+14.6%+3.5%12.1%4.2%−6.1 pts−12.5 pts
1 year+17.1%+7.2%23.4%8.0%−5.8 pts−10.3 pts
3 yearsnot published+30.3%not published24.6%not published−47.6 pts
Since launch+67.5%+94.0%66.4%60.9%−28.2 pts−88.7 pts
Open the live comparison on ETFIQ
FEPI and JEPI on the same fields, as of Sep 11, 2026. Source: ETFIQ.
FEPI
REX FANG & Innovation Equity Premium Income ETF
Covered call on QQQ, paying weekly
JEPI
JPMorgan Equity Premium Income ETF
Covered call on SPY, paying monthly
IssuerREXJPMorgan
Strategycovered callcovered call
BenchmarkNasdaq-100 (QQQ), used as the innovation proxyS&P 500 (SPY)
Paysweeklymonthly
Payout rate, annualized25.2%7.9%
Expense ratio0.65%0.35%
Cash paid, 1 year23.4%8.0%
Price change, 1 year−8.5%−1.1%
Total return, 1 year+17.1%+7.2%
Benchmark return, 1 year+23.0%+17.5%
Ahead or behind−5.8 pts−10.3 pts
Return of capital, latest estimatenot publishednot published
Age1066 days2304 days

FEPI in plain words

Over the year to Sep 11, 2026, FEPI paid 23.4% of its starting value in cash distributions while its price fell 8.5%. With every distribution reinvested, the fund returned +17.1%. Nasdaq-100 (QQQ), used as the innovation proxy returned +23.0% over the same days, so a holder was behind by 5.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 25.2%, paid weekly.

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 paid more, FEPI or JEPI?
Over the year to Sep 11, 2026, FEPI paid 23.4% of its starting price in cash and JEPI paid 8.0%, 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 +17.1% and JEPI returned +7.2% over the year to Sep 11, 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.

FEPI against JEPI, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FEPI against JEPI, data as of Sep 11, 2026. https://etfiq.com/compare/income/fepi-vs-jepi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources