Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

Over the year JEPI paid 8.0% of its price in cash against ISPY’s 5.7%, though ISPY returned more with it reinvested.

ProShares S&P 500 High Income ETF and JPMorgan Equity Premium Income ETF, side by side, income ETFs on ETFIQ.

5.7%ISPY cash paid, 1 year
8.0%JEPI cash paid, 1 year
+14.4%ISPY total return, 1 year
+7.2%JEPI total return, 1 year

ETFIQ Return Stability Score: ISPY scores higher

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

ISPY 70.7JEPI 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

ISPY3.1 pts behind SPY · 1 year to Sep 11, 2026
SPY+17.5%ISPY+14.4%5.7% of it arrived as cash3.1 pts behind SPYTotal return, distributions reinvestedSPY+17.5%ISPY+14.4%3.1 pts behind SPY
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, ISPY and JEPI hold 1% of their money in the same securities at the same weight.

Positions ISPY and JEPI both hold, largest shared weight first
HoldingISPYJEPI
Eaton Corp. plc0.21%1.64%
Accenture plc0.16%0.39%
Chubb Ltd.0.16%0.38%
Trane Technologies plc0.14%1.62%
Medtronic plc0.13%0.59%
NXP Semiconductors NV0.11%0.51%
Aon plc0.09%0.87%
Largest positions each one holds and the other does not
Only in ISPYOnly in JEPI
ProShares GENIUS Money Market ETF 10.56%AbbVie, Inc. 1.74%
NVIDIA Corp. 7.07%Howmet Aerospace, Inc. 1.70%
Apple, Inc. 6.31%Johnson & Johnson 1.68%
Microsoft Corp. 4.60%Lam Research Corp. 1.57%
Amazon.com, Inc. 3.64%Apple, Inc. 1.53%
Alphabet, Inc. 3.05%NVIDIA Corp. 1.53%
Broadcom, Inc. 2.92%Ross Stores, Inc. 1.52%
Alphabet, Inc. 2.42%Alphabet, Inc. 1.52%

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 and May 31, 2026.

Performance, window by window

ISPY and JEPI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
ISPYJEPIISPYJEPIISPYJEPI
3 months+1.8%+3.1%1.5%2.0%−1.5 pts−0.2 pts
6 months+12.8%+3.5%3.5%4.2%−3.2 pts−12.5 pts
1 year+14.4%+7.2%5.7%8.0%−3.1 pts−10.3 pts
3 yearsnot published+30.3%not published24.6%not published−47.6 pts
Since launch+53.4%+94.0%25.8%60.9%−14.8 pts−88.7 pts
Open the live comparison on ETFIQ
ISPY and JEPI on the same fields, as of Sep 11, 2026. Source: ETFIQ.
ISPY
ProShares S&P 500 High Income ETF
Covered call on SPY, paying monthly
JEPI
JPMorgan Equity Premium Income ETF
Covered call on SPY, paying monthly
IssuerProSharesJPMorgan
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)S&P 500 (SPY)
Paysmonthlymonthly
Payout rate, annualized5.8%7.9%
Expense ratio0.56%0.35%
Cash paid, 1 year5.7%8.0%
Price change, 1 year+8.4%−1.1%
Total return, 1 year+14.4%+7.2%
Benchmark return, 1 year+17.5%+17.5%
Ahead or behind−3.1 pts−10.3 pts
Return of capital, latest estimatenot publishednot published
Age996 days2304 days

ISPY in plain words

Over the year to Sep 11, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 8.4%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 5.8%, paid monthly.

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, ISPY or JEPI?
Over the year to Sep 11, 2026, ISPY paid 5.7% of its starting price in cash and JEPI paid 8.0%, so JEPI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, ISPY or JEPI?
With every distribution reinvested, ISPY returned +14.4% and JEPI returned +7.2% over the year to Sep 11, 2026, so ISPY returned more.
Which is cheaper, ISPY or JEPI?
ISPY charges 0.56% 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.

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

How every figure is computed · Standards and sources