Data as of .
JEPI vs LOCT: which paid, and which earned it?
Over the year JEPI paid 8.1% of its price in cash against LOCT’s 5.2%, and returned more with it reinvested.
ETFIQ Return Stability Score: LOCT 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 LOCT hold 0% of their money in the same securities at the same weight.
| Only in JEPI | Only in LOCT |
|---|---|
| AbbVie, Inc. 1.74% | TREASURY BILL 98.30% |
| Howmet Aerospace, Inc. 1.70% | TREASURY BILL 0.43% |
| Johnson & Johnson 1.68% | TREASURY BILL 0.43% |
| Eaton Corp. plc 1.64% | TREASURY BILL 0.42% |
| Trane Technologies plc 1.62% | TREASURY BILL 0.42% |
| 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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JEPI | LOCT | JEPI | LOCT | JEPI | LOCT | |
| 3 months | +2.3% | +1.0% | 2.0% | 1.3% | 0.0 pts | −1.2 pts |
| 6 months | +4.6% | +3.9% | 4.3% | 2.6% | −13.5 pts | −14.1 pts |
| 1 year | +7.0% | +5.4% | 8.1% | 5.2% | −9.5 pts | −11.2 pts |
| 3 years | +29.4% | not published | 24.6% | not published | −49.0 pts | not published |
| Since launch | +92.6% | +18.5% | 60.9% | 16.5% | −89.9 pts | −66.4 pts |
| JEPI JPMorgan Equity Premium Income ETF Covered call on SPY, paying monthly | LOCT Innovator Premium Income 15 Buffer ETF - October Buffer with income on SPY, paying monthly | |
|---|---|---|
| Issuer | JPMorgan | Innovator |
| Strategy | covered call | buffer with income |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.9% | 5.2% |
| Expense ratio | 0.35% | 0.79% |
| Cash paid, 1 year | 8.1% | 5.2% |
| Price change, 1 year | −1.2% | +0.1% |
| Total return, 1 year | +7.0% | +5.4% |
| Benchmark return, 1 year | +16.6% | +16.6% |
| Ahead or behind | −9.5 pts | −11.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 2311 days | 1082 days |
| Net assets | $45.3bn | $11m |
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.
LOCT in plain words
Over the year to Sep 18, 2026, LOCT paid 5.2% of its starting value in cash distributions while its price rose 0.1%. With every distribution reinvested, the fund returned +5.4%. S&P 500 (SPY) returned +16.6% over the same days, so a holder was behind by 11.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.2%, paid monthly.
Questions people ask
- Which paid more, JEPI or LOCT?
- Over the year to Sep 18, 2026, JEPI paid 8.1% of its starting price in cash and LOCT paid 5.2%, 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, JEPI or LOCT?
- With every distribution reinvested, JEPI returned +7.0% and LOCT returned +5.4% over the year to Sep 18, 2026, so JEPI returned more.
- Which is cheaper, JEPI or LOCT?
- JEPI charges 0.35% a year and LOCT charges 0.79%, 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 LOCT, data as of Sep 18, 2026. https://etfiq.com/compare/income/jepi-vs-loct Free to use with attribution; the underlying files are at Open data.