Data as of Nov 12, 2026.
JEPI vs MPIM: Dividend Yield & Total Return
Return, fees and overlap, side by side.
Pair scorecard
JEPI costs 0.35 points a year less.
Points (pts) are percentage points.
| Measure | JEPI | MPIM |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +9.7% | not published |
| Price change | rose 1.3% (1 year) | fell 12.8% (since Aug 12, 2026) |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | not published |
| Cost and size | ||
| Expense ratio | 0.35% | 0.70% |
| Net assets | $47.1bn | not read by ETFIQ |
| Holdings | ||
| Holdings in common | not published | |
2.3 pts behind SPY
JEPI over 1 year: paid 8.0%, price +1.3%, total +9.7%, SPY +12.0%, −2.3 pts. Data to Nov 12, 2026.
SPY
+12.0%
JEPI
+9.7%
8.0% of it arrived as cash
2.3 pts behind SPY
Total return, distributions reinvested
2.3 pts behind SPY
JEPI over 1 year: paid 8.0%, price +1.3%, total +9.7%, SPY +12.0%, −2.3 pts. Data to Nov 12, 2026.
SPY
+12.0%
JEPI
+9.7%
2.3 pts behind SPY
8.0% of it arrived as cash. Total return, distributions reinvested. JEPI over 1 year: paid 8.0%, price +1.3%, total +9.7%, SPY +12.0%, −2.3 pts. Data to Nov 12, 2026.
Data to Nov 12, 2026.Not measured
MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
MPIM
−10.0%
Total return, distributions reinvested
Not measured
MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
MPIM
−10.0%
3.0% of it arrived as cash. Both charts share one scale, with zero at the line. MPIM since launch: paid 3.0%, price −12.8%, total −10.0%, not measured against a benchmark. Data to Nov 12, 2026.
Data to Nov 12, 2026.Side by side
As of Nov 12, 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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | JEPI | MPIM | JEPI | MPIM | JEPI | MPIM |
| 3 months | +2.1% | −10.6% | 1.8% | 3.0% | +4.5 pts | not measured |
| 6 months | +7.8% | – | 3.9% | – | +6.1 pts | – |
| 1 year | +9.7% | – | 8.0% | – | −2.2 pts | – |
| 3 years | +36.7% | – | 25.1% | – | −41.6 pts | – |
| Since launchNot the same days: JEPI May 2020 · MPIM Aug 2026 | +101.2% | −10.0% | 62.2% | 3.0% | −79.6 pts | not measured |
– means no data for this window. Open this comparison in the app →
JEPI
Over the year to Nov 12, 2026, JEPI paid 8.0% of its starting value in cash distributions while its price rose 1.3%. With every distribution reinvested, the fund returned +9.7%. S&P 500 (SPY) returned +12.0% over the same days, so a holder was behind by 2.3 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 7.2%, paid monthly.
MPIM
Over the period from its first trade on Aug 12, 2026 to Nov 12, 2026, MPIM paid 3.0% of its starting value in cash distributions while its price fell 12.8%. With every distribution reinvested, the fund returned −10.0%. At its price on Nov 12, 2026 the latest distribution annualizes to 17.0%, paid periodically.
Questions people ask
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How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, JEPI against MPIM, data as of Nov 12, 2026. https://etfiq.com/compare/income/jepi-vs-mpim
ETFIQ. (Nov 12, 2026). JEPI against MPIM. Retrieved from https://etfiq.com/compare/income/jepi-vs-mpim
[JEPI against MPIM (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/income/jepi-vs-mpim)
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JEPI and MPIM both write options for income.
JEPI and MPIM
Total return, distributions reinvested, 3 months.
JEPI +2.1%, MPIM −10.6%: JEPI +12.7 pts ahead, 3 months, Aug 13, 2026 to Nov 12, 2026.