Which is cheaper, JEPI or RECI?

JEPI charges 0.35% a year and RECI charges 0.30%, so RECI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

JEPI vs RECI: Dividend Yield & Total Return

JEPI and RECI both write options for income.

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Net assets: $46.1bn on Nov 3, 2026 for JPMorgan Equity Premium Income ETF, beside Columbia Research Enhanced Core Premium Income ETF.

JEPI on its own →RECI on its own →

At a glance

8.1%

JEPI cash paid, 1 year

1.5%

RECI cash paid, since launch, Jul 14, 2026

+12.0%

JEPI total return, 1 year

+3.7%

RECI total return, since launch, Jul 14, 2026

JEPI · 1 year to Nov 4, 2026 2.8 pts behind SPY

JEPI

+12.0%

SPY

+14.8%

2.8 pts behind SPY

JEPI over 1 year: paid 8.1%, price +3.4%, total +12.0%, SPY +14.8%, −2.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

JEPI

+12.0%

8.1% of it arrived as cash

2.8 pts behind SPY

Total return, distributions reinvested

2.8 pts behind SPY

JEPI over 1 year: paid 8.1%, price +3.4%, total +12.0%, SPY +14.8%, −2.8 pts. Data to Nov 4, 2026.

SPY

+14.8%

JEPI

+12.0%

8.1% cash

2.8 pts behind SPY

8.1% of it arrived as cash. Total return, distributions reinvested. JEPI over 1 year: paid 8.1%, price +3.4%, total +12.0%, SPY +14.8%, −2.8 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

RECI · since launch to Nov 4, 2026 Not measured

RECI

+3.7%

none

Not measured

RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

RECI

+3.7%

Total return, distributions reinvested

Not measured

RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

RECI

+3.7%

1.5% of it arrived as cash. Both charts share one scale, 0 to +14.8%. RECI since launch: paid 1.5%, price +2.1%, total +3.7%, not measured against a benchmark. Data to Nov 4, 2026.

Both charts share one scale, 0 to +14.8%. Data to Nov 4, 2026.

Pair scorecard

RECI costs 0.05 points a year less.

Points (pts) are percentage points.

JEPI vs RECI: Dividend Yield & Total Return
Measure	JEPI	RECI
Paid and earned
Measure	JEPI	RECI
Total return, 1 year	+12.0%	not published
Price change	rose 3.4% (1 year)	rose 2.1% (since Jul 14, 2026)
Return of capital, issuer estimate		78% of the Oct 5, 2026 payment
Against its benchmark
Measure	JEPI	RECI
Benchmark	S&P 500, measured through SPY	not published
Cost and size
Measure	JEPI	RECI
Expense ratio	0.35%	0.30%
Net assets	$46.1bn	not read by ETFIQ
Holdings
Measure	JEPI	RECI
Holdings in common	not published

Method

Side by side

JEPI JPMorgan Equity Premium Income ETF · Writes calls through equity-linked notes (ELNs) on the S&P 500, paying monthly RECI Columbia Research Enhanced Core Premium Income ETF · Covered call, paying monthly

Issuer JPMorgan Columbia

Strategy covered call covered call

Benchmark S&P 500 (SPY) none

Pays monthly monthly

Payout rate, annualized 7.1% 8.0%

Expense ratio 0.35% 0.30%

Cash paid, 1 year 8.1% 1.5% (since launch, Jul 14, 2026)

Price change, 1 year +3.4% +2.1% (since launch, Jul 14, 2026)

Total return, 1 year +12.0% +3.7% (since launch, Jul 14, 2026)

Benchmark return, 1 year +14.8% not published

Ahead or behind −2.8 pts not available

Return of capital, latest estimate not published 78%

Age 6.5 years 113 days

Net assets $46.1bn not read by ETFIQ

As of Nov 4, 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

Window by window: JEPI vs RECI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	JEPI	RECI	JEPI	RECI	JEPI	RECI
3 months	+3.3%	+3.5%	1.8%	1.5%	+3.4 pts	not measured
6 months	+7.3%	–	3.9%	–	+2.3 pts	–
1 year	+12.0%	–	8.1%	–	−2.8 pts	–
3 years	+37.9%	–	25.2%	–	−45.1 pts	–
Since launchNot the same days: JEPI May 2020 · RECI Jul 2026	+102.1%	+3.7%	62.2%	1.5%	−82.3 pts	not measured

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Alert

About each fund

JEPI

Over the year to Nov 4, 2026, JEPI paid 8.1% of its starting value in cash distributions while its price rose 3.4%. With every distribution reinvested, the fund returned +12.0%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 2.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 7.1%, paid monthly.

RECI

Over the period from its first trade on Jul 14, 2026 to Nov 4, 2026, RECI paid 1.5% of its starting value in cash distributions while its price rose 2.1%. With every distribution reinvested, the fund returned +3.7%. At its price on Nov 4, 2026 the latest distribution annualizes to 8.0%, paid monthly. Columbia estimates that 78% of the distribution paid Oct 5, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

Questions people ask

Which is cheaper, JEPI or RECI?: JEPI charges 0.35% a year and RECI charges 0.30%, so RECI is cheaper. Fees come from each fund's prospectus.

Other comparisons

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Where to next

S&P 500 (SPY) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →JEPI on its own →RECI on its own →JEPI dividend history →JEPI holdings →RECI dividend history →Method →Standards and sources →

Sources and dates

JEPI filings on SEC EDGAR ↗

JEPI prospectus with the expense ratio (SEC) ↗

JPMorgan website ↗

RECI filings on SEC EDGAR ↗

RECI prospectus with the expense ratio (SEC) ↗

RECI 19a-1 distribution notice ↗

Columbia website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, JEPI against RECI, data as of Nov 4, 2026. https://etfiq.com/compare/income/jepi-vs-reci

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.