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Data as of .

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

GRNI and JEPI both write options for income.

Fundstrat Granny Shots US Large Cap & Income ETF and JPMorgan Equity Premium Income ETF.

7.8%GRNI cash paid, 1 year
8.1%JEPI cash paid, 1 year
+14.5%GRNI total return, 1 year
+7.0%JEPI total return, 1 year
GRNI2.1 pts behind SPY · since launch to Sep 18, 2026
SPY+16.6%GRNI+14.5%7.8% of it arrived as cash2.1 pts behind SPYTotal return, distributions reinvestedSPY+16.6%GRNI+14.5%2.1 pts behind SPY
JEPI9.5 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%JEPI+7.0%8.1% of it arrived as cash9.5 pts behind SPYTotal return, distributions reinvestedSPY+16.6%JEPI+7.0%9.5 pts behind SPY

What they hold in common

By the books each fund has filed, GRNI and JEPI hold 18% of their money in the same securities at the same weight.

Positions GRNI and JEPI both hold, largest shared weight first
HoldingGRNIJEPI
Eaton Corp PLC2.64%1.64%
Apple Inc2.39%1.53%
NVIDIA Corp2.46%1.53%
Alphabet Inc2.96%1.52%
Amazon.com Inc2.99%1.48%
American Express Co2.17%1.40%
Broadcom Inc2.90%1.33%
Cadence Design Systems Inc2.47%1.30%
Microsoft Corp2.37%1.30%
Meta Platforms Inc2.23%1.22%
Costco Wholesale Corp2.37%1.12%
Deere & Co2.32%0.74%
Only in each
Only in GRNIOnly in JEPI
Quanta Services Inc 3.23%AbbVie, Inc. 1.74%
GE Vernova Inc 3.08%Howmet Aerospace, Inc. 1.70%
Strategy Inc 3.04%Johnson & Johnson 1.68%
KLA Corp 2.75%Trane Technologies plc 1.62%
Caterpillar Inc 2.73%Lam Research Corp. 1.57%
Bank of New York Mellon Corp/T 2.61%Ross Stores, Inc. 1.52%
ONEOK Inc 2.49%NextEra Energy, Inc. 1.50%
Air Products and Chemicals Inc 2.48%Vertex Pharmaceuticals, Inc. 1.48%

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

GRNI and JEPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GRNIJEPIGRNIJEPIGRNIJEPI
3 months+2.1%+2.3%2.5%2.0%−0.2 pts0.0 pts
6 months+16.3%+4.6%5.4%4.3%−1.8 pts−13.5 pts
1 yearnot published+7.0%not published8.1%not published−9.5 pts
3 yearsnot published+29.4%not published24.6%not published−49.0 pts
Since launch+14.5%+92.6%7.8%60.9%−2.1 pts−89.9 pts
Open the live comparison on ETFIQ
GRNI and JEPI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GRNI
Fundstrat Granny Shots US Large Cap & Income ETF
Option income on SPY, paying monthly
JEPI
JPMorgan Equity Premium Income ETF
Covered call on SPY, paying monthly
IssuerFundstratJPMorgan
Strategyoption incomecovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized10.0%7.9%
Expense ratio0.99%0.35%
Cash paid, 1 year7.8% (since launch on Nov 18, 2025)8.1%
Price change, 1 year+6.2%−1.2%
Total return, 1 year+14.5% (since launch on Nov 18, 2025)+7.0%
Benchmark return, 1 year+16.6%+16.6%
Ahead or behind−2.1 pts−9.5 pts
Return of capital, latest estimatenot publishednot published
Age304 days2311 days
Net assets$49m$45.3bn

GRNI in plain words

Over the period since launch on Nov 18, 2025 to Sep 18, 2026, GRNI paid 7.8% of its starting value in cash distributions while its price rose 6.2%. With every distribution reinvested, the fund returned +14.5%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 2.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.0%, paid monthly.

JEPI in plain words

Over the year to Sep 18, 2026, JEPI paid 8.1% of its starting value in cash distributions while its price fell 1.2%. With every distribution reinvested, the fund returned +7.0%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 9.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.9%, paid monthly.

Questions people ask

Which is cheaper, GRNI or JEPI?
GRNI charges 0.99% 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.

GRNI against JEPI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GRNI against JEPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/grni-vs-jepi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources