Which paid more, FGSI or JEPI?

Over the year to Nov 4, 2026, FGSI paid 8.3% of its starting price in cash and JEPI paid 8.1%, so FGSI paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, FGSI or JEPI?

With every distribution reinvested, FGSI returned +9.0% and JEPI +12.0% over the year to Nov 4, 2026.

Which is cheaper, FGSI or JEPI?

FGSI charges 0.85% a year and JEPI charges 0.35%, so JEPI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FGSI vs JEPI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, FGSI paid 8.3% of its price in cash against JEPI’s 8.1%, though JEPI returned more with it reinvested.

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Net assets on Nov 3, 2026: $2.0m for FT Vest Growth Strength & Target Income ETF and $46.1bn for JPMorgan Equity Premium Income ETF.

FGSI on its own →JEPI on its own →

At a glance

8.3%

FGSI cash paid, 1 year

8.1%

JEPI cash paid, 1 year

+9.0%

FGSI total return, 1 year

+12.0%

JEPI total return, 1 year

FGSI · 1 year to Nov 4, 2026 About even with FTGS

FGSI

+9.0%

FTGS

+8.8%

About even with FTGS

FGSI over 1 year: paid 8.3%, price +0.2%, total +9.0%, FTGS +8.8%, +0.2 pts. Data to Nov 4, 2026.

FTGS

+8.8%

FGSI

+9.0%

8.3% of it arrived as cash

about even with FTGS

Total return, distributions reinvested

About even with FTGS

FGSI over 1 year: paid 8.3%, price +0.2%, total +9.0%, FTGS +8.8%, +0.2 pts. Data to Nov 4, 2026.

FTGS

+8.8%

FGSI

+9.0%

8.3% cash

about even with FTGS

8.3% of it arrived as cash. Total return, distributions reinvested. FGSI over 1 year: paid 8.3%, price +0.2%, total +9.0%, FTGS +8.8%, +0.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

JEPI · 1 year to Nov 4, 2026 2.8 pts behind SPY

JEPI

+12.0%

SPY

+14.8%

2.8 pts behind SPY

JEPI over 1 year: paid 8.1%, price +3.4%, total +12.0%, SPY +14.8%, −2.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

JEPI

+12.0%

8.1% of it arrived as cash

2.8 pts behind SPY

Total return, distributions reinvested

2.8 pts behind SPY

JEPI over 1 year: paid 8.1%, price +3.4%, total +12.0%, SPY +14.8%, −2.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

JEPI

+12.0%

8.1% cash

2.8 pts behind SPY

8.1% of it arrived as cash. Both charts share one scale, 0 to +14.8%. JEPI over 1 year: paid 8.1%, price +3.4%, total +12.0%, SPY +14.8%, −2.8 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.

Pair scorecard

JEPI costs 0.50 points a year less; their one-year returns differ by 3.0 points; JEPI is far larger, $46.1bn against $2.0m.

Points (pts) are percentage points.

FGSI vs JEPI: Dividend Yield & Total Return
Measure	FGSI	JEPI
Paid and earned
Measure	FGSI	JEPI
Total return, 1 year	+9.0%	+12.0%
Price change, 1 year	rose 0.2%	rose 3.4%
Return of capital, issuer estimate	53% of the Oct 30, 2026 payment
Against its benchmark
Measure	FGSI	JEPI
Benchmark	First Trust Growth Strength ETF, measured through FTGS	S&P 500, measured through SPY
Cost and size
Measure	FGSI	JEPI
Expense ratio	0.85%	0.35%
Net assets, as of Nov 3, 2026	$2.0m	$46.1bn
Holdings
Measure	FGSI	JEPI
Holdings in common	17%

ETFIQ Distribution Coverage Score · JEPI scores higher How much of what it paid out did its total return cover?

IQ Income Score63.2FGSI76.9JEPI

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

FGSI 63.2

JEPI 76.9

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

17%

By the books each fund has filed, FGSI and JEPI hold 17% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

17% in common

Positions both hold · largest shared weight first FGSI JEPI

Mastercard Incorporated 2.10% 1.99%

NVIDIA Corporation 1.93% 1.73%

Broadcom Inc. 2.02% 1.69%

Meta Platforms, Inc. (Class A) 1.73% 1.66%

Trane Technologies plc 1.81% 1.63%

Eli Lilly and Company 2.25% 1.17%

Vertiv Holdings Co (Class A) 2.28% 1.07%

Netflix, Inc. 1.79% 0.77%

Intuitive Surgical, Inc. 2.06% 0.65%

Stryker Corporation 2.10% 0.65%

Cummins Inc. 1.87% 0.64%

Palantir Technologies Inc. (Class A) 1.88% 0.55%

Only in one fund ↓

Only in FGSI

United Therapeutics Corporation 2.25%

Blackstone Inc. 2.21%

Delta Air Lines, Inc. 2.20%

Monolithic Power Systems, Inc. 2.18%

Cincinnati Financial Corporation 2.15%

Arch Capital Group Ltd. 2.12%

Five Below, Inc. 2.12%

Intuit Inc. 2.11%

Only in JEPI

MICROSOFT CORP COMMON 1.93%

VISA INC COMMON STOCK USD 1.88%

APPLE INC COMMON STOCK 1.86%

AMAZON.COM INC COMMON 1.81%

NEXTERA ENERGY INC 1.81%

3M CO COMMON STOCK USD 1.80%

JOHNSON & JOHNSON COMMON 1.75%

COSTCO WHOLESALE CORP 1.72%

Check overlap with more funds →

Side by side

FGSI FT Vest Growth Strength & Target Income ETF · Writes calls on the S&P 500, measured against The Growth Strength Index, paying monthly JEPI JPMorgan Equity Premium Income ETF · Writes calls through equity-linked notes (ELNs) on the S&P 500, paying monthly

Issuer First Trust JPMorgan

Strategy option income covered call

Benchmark First Trust Growth Strength ETF (FTGS) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 8.3% 7.1%

Expense ratio 0.85% 0.35%

Cash paid, 1 year 8.3% 8.1%

Price change, 1 year +0.2% +3.4%

Total return, 1 year +9.0% +12.0%

Benchmark return, 1 year +8.8% +14.8%

Ahead or behind +0.2 pts −2.8 pts

Return of capital, latest estimate 53% not published

Age 1.4 years 6.5 years

Net assets, as of Nov 3, 2026 $2.0m $46.1bn

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: FGSI vs JEPI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FGSI	JEPI	FGSI	JEPI	FGSI	JEPI
3 months	−2.2%	+3.3%	2.0%	1.8%	+0.6 pts	+3.4 pts
6 months	+6.3%	+7.3%	4.3%	3.9%	+0.2 pts	+2.3 pts
1 year	+9.0%	+12.0%	8.3%	8.1%	+0.2 pts	−2.8 pts
3 years	–	+37.9%	–	25.2%	–	−45.1 pts
Since launchNot the same days: FGSI Jun 2025 · JEPI May 2020	+13.6%	+102.1%	11.3%	62.2%	−0.7 pts	−82.3 pts

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Alert

About each fund

FGSI

Over the year to Nov 4, 2026, FGSI paid 8.3% of its starting value in cash distributions while its price rose 0.2%. With every distribution reinvested, the fund returned +9.0%. First Trust Growth Strength ETF (FTGS) returned +8.8% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 8.3%, paid monthly. First Trust estimates that 53% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

JEPI

Over the year to Nov 4, 2026, JEPI paid 8.1% of its starting value in cash distributions while its price rose 3.4%. With every distribution reinvested, the fund returned +12.0%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 2.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 7.1%, paid monthly.

Questions people ask

Which paid more, FGSI or JEPI?: Over the year to Nov 4, 2026, FGSI paid 8.3% of its starting price in cash and JEPI paid 8.1%, so FGSI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FGSI or JEPI?: With every distribution reinvested, FGSI returned +9.0% and JEPI +12.0% over the year to Nov 4, 2026.
Which is cheaper, FGSI or JEPI?: FGSI charges 0.85% a year and JEPI charges 0.35%, so JEPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FGSI vs SPYI FGSI vs GPIX FGSI vs XYLD FGSI vs FTHI JEPI vs TPAY JEPI vs ODTE JEPI vs KIQQ JEPI vs XVSP

Where to next

First Trust Growth Strength ETF (FTGS) →S&P 500 (SPY) →FGSI on its own →JEPI on its own →FGSI dividend history →FGSI holdings →JEPI dividend history →JEPI holdings →Method →Standards and sources →

Sources and dates

FGSI filings on SEC EDGAR ↗

FGSI prospectus with the expense ratio (SEC) ↗

FGSI 19a-1 distribution notice ↗

First Trust page for FGSI ↗

JEPI filings on SEC EDGAR ↗

JEPI prospectus with the expense ratio (SEC) ↗

JPMorgan website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, FGSI against JEPI, data as of Nov 4, 2026. https://etfiq.com/compare/income/fgsi-vs-jepi

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.