Data as of .
JEPI vs OARK: which paid, and which earned it?
Over the year OARK paid 38.6% of its price in cash against JEPI’s 8.0% and the two finished level on total return.
ETFIQ Return Stability Score: JEPI scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, JEPI and OARK hold 0% of their money in the same securities at the same weight.
| Only in JEPI | Only in OARK |
|---|---|
| AbbVie, Inc. 1.74% | TREASURY BILL 37.81% |
| Howmet Aerospace, Inc. 1.70% | TREASURY BILL 30.32% |
| Johnson & Johnson 1.68% | TREASURY BILL 18.55% |
| Eaton Corp. plc 1.64% | TREASURY BILL 10.80% |
| Trane Technologies plc 1.62% | TREASURY BILL 2.51% |
| 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 | OARK | JEPI | OARK | JEPI | OARK | |
| 3 months | +3.1% | +5.1% | 2.0% | 9.6% | −0.2 pts | +5.9 pts |
| 6 months | +3.5% | +15.3% | 4.2% | 22.6% | −12.5 pts | −5.4 pts |
| 1 year | +7.2% | +7.2% | 8.0% | 38.6% | −10.3 pts | −15.8 pts |
| 3 years | +30.3% | +48.6% | 24.6% | 82.9% | −47.6 pts | −46.5 pts |
| Since launch | +94.0% | +53.5% | 60.9% | 89.2% | −88.7 pts | −99.6 pts |
| JEPI JPMorgan Equity Premium Income ETF Covered call on SPY, paying monthly | OARK YieldMax(R) Innovation Option Income Strategy ETF Synthetic covered call on QQQ, paying weekly | |
|---|---|---|
| Issuer | JPMorgan | YieldMax |
| Strategy | covered call | synthetic covered call |
| Benchmark | S&P 500 (SPY) | Nasdaq-100 (QQQ), used as the innovation proxy |
| Pays | monthly | weekly |
| Payout rate, annualized | 7.9% | 37.1% |
| Expense ratio | 0.35% | 1.00% |
| Cash paid, 1 year | 8.0% | 38.6% |
| Price change, 1 year | −1.1% | −33.3% |
| Total return, 1 year | +7.2% | +7.2% |
| Benchmark return, 1 year | +17.5% | +23.0% |
| Ahead or behind | −10.3 pts | −15.8 pts |
| Return of capital, latest estimate | not published | 39% |
| Age | 2304 days | 1388 days |
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.
OARK in plain words
Over the year to Sep 11, 2026, OARK paid 38.6% of its starting value in cash distributions while its price fell 33.3%. Nasdaq-100 (QQQ), used as the innovation proxy returned +23.0% over the same days, so a holder was behind by 15.8 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 37.1%, paid weekly. YieldMax estimates that 39% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which paid more, JEPI or OARK?
- Over the year to Sep 11, 2026, JEPI paid 8.0% of its starting price in cash and OARK paid 38.6%, so OARK 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 OARK?
- With every distribution reinvested, JEPI returned +7.2% and OARK returned +7.2% over the year to Sep 11, 2026, so JEPI returned more.
- Which is cheaper, JEPI or OARK?
- JEPI charges 0.35% a year and OARK charges 1.00%, 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 OARK, data as of Sep 11, 2026. https://etfiq.com/compare/income/jepi-vs-oark Free to use with attribution; the underlying files are at Open data.