Data as of .
JEPI vs KHPI: which paid, and which earned it?
Over the year KHPI paid 9.1% of its price in cash against JEPI’s 8.1%, and returned more with it reinvested.
ETFIQ Return Stability Score: KHPI scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 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
What they hold in common
By the books each fund has filed, JEPI and KHPI hold 0% of their money in the same securities at the same weight.
| Only in JEPI | Only in KHPI |
|---|---|
| AbbVie, Inc. 1.74% | Vanguard S&P 500 ETF 100.00% |
| Howmet Aerospace, Inc. 1.70% | |
| Johnson & Johnson 1.68% | |
| Eaton Corp. plc 1.64% | |
| Trane Technologies plc 1.62% | |
| Lam Research Corp. 1.57% | |
| Apple, Inc. 1.53% | |
| NVIDIA Corp. 1.53% |
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.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JEPI | KHPI | JEPI | KHPI | JEPI | KHPI | |
| 3 months | +2.3% | +1.9% | 2.0% | 2.2% | 0.0 pts | −0.3 pts |
| 6 months | +4.6% | +11.3% | 4.3% | 4.7% | −13.5 pts | −6.8 pts |
| 1 year | +7.0% | +11.0% | 8.1% | 9.1% | −9.5 pts | −5.5 pts |
| 3 years | +29.4% | not published | 24.6% | not published | −49.0 pts | not published |
| Since launch | +92.6% | +24.6% | 60.9% | 18.4% | −89.9 pts | −17.7 pts |
| JEPI JPMorgan Equity Premium Income ETF Covered call on SPY, paying monthly | KHPI Kensington Hedged Premium Income ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | JPMorgan | Kensington |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY), used as a default proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.9% | 9.0% |
| Expense ratio | 0.35% | 0.98% |
| Cash paid, 1 year | 8.1% | 9.1% |
| Price change, 1 year | −1.2% | +1.5% |
| Total return, 1 year | +7.0% | +11.0% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −9.5 pts | −5.5 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 2311 days | 743 days |
| Net assets | $45.3bn | $401m |
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.
KHPI in plain words
Over the year to Sep 18, 2026, KHPI paid 9.1% of its starting value in cash distributions while its price rose 1.5%. With every distribution reinvested, the fund returned +11.0%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 5.5 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.0%, paid monthly.
Questions people ask
- Which paid more, JEPI or KHPI?
- Over the year to Sep 18, 2026, JEPI paid 8.1% of its starting price in cash and KHPI paid 9.1%, so KHPI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, JEPI or KHPI?
- With every distribution reinvested, JEPI returned +7.0% and KHPI returned +11.0% over the year to Sep 18, 2026, so KHPI returned more.
- Which is cheaper, JEPI or KHPI?
- JEPI charges 0.35% a year and KHPI charges 0.98%, 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, JEPI against KHPI, data as of Sep 18, 2026. https://etfiq.com/compare/income/jepi-vs-khpi Free to use with attribution; the underlying files are at Open data.