Which is cheaper, JEPI or ROCY?

JEPI and ROCY both charge 0.35% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

JEPI vs ROCY: Dividend Yield & Total Return

JEPI and ROCY both write options for income.

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Net assets on Nov 3, 2026: $46.1bn for JPMorgan Equity Premium Income ETF and $884m for JPMorgan Equity Premium Yield ETF.

JEPI on its own →ROCY on its own →

At a glance

8.1%

JEPI cash paid, 1 year

4.8%

ROCY cash paid, since launch, Mar 19, 2026

+12.0%

JEPI total return, 1 year

+15.3%

ROCY total return, since launch, Mar 19, 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%

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.

ROCY · since launch to Nov 4, 2026 1.8 pts behind SPY

ROCY

+15.3%

SPY

+17.1%

1.8 pts behind SPY

ROCY since launch: paid 4.8%, price +10.2%, total +15.3%, SPY +17.1%, −1.8 pts. Data to Nov 4, 2026.

SPY

+17.1%

ROCY

+15.3%

4.8% as cash

1.8 pts behind SPY

Total return, distributions reinvested

1.8 pts behind SPY

ROCY since launch: paid 4.8%, price +10.2%, total +15.3%, SPY +17.1%, −1.8 pts. Data to Nov 4, 2026.

SPY

+17.1%

ROCY

+15.3%

1.8 pts behind SPY

4.8% of it arrived as cash. Both charts share one scale, 0 to +17.1%. ROCY since launch: paid 4.8%, price +10.2%, total +15.3%, SPY +17.1%, −1.8 pts. Data to Nov 4, 2026.

Both charts share one scale, 0 to +17.1%. Data to Nov 4, 2026.

Pair scorecard

Both cost 0.35% a year; JEPI is far larger, $46.1bn against $884m.

Points (pts) are percentage points.

JEPI vs ROCY: Dividend Yield & Total Return
Measure	JEPI	ROCY
Paid and earned
Measure	JEPI	ROCY
Total return, 1 year	+12.0%	not published
Price change	rose 3.4% (1 year)	rose 10.2% (since Mar 19, 2026)
Against its benchmark
Measure	JEPI	ROCY
Benchmark	S&P 500, measured through SPY	S&P 500, measured through SPY
Cost and size
Measure	JEPI	ROCY
Expense ratio	0.35%	0.35%
Net assets, as of Nov 3, 2026	$46.1bn	$884m
Holdings
Measure	JEPI	ROCY
Holdings in common	47%

Method

What they share

47%

By the books each fund has filed, JEPI and ROCY hold 47% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

47% in common

Positions both hold · largest shared weight first JEPI ROCY

MICROSOFT CORP COMMON 1.93% 6.59%

MASTERCARD INC COMMON 1.99% 1.88%

APPLE INC COMMON STOCK 1.86% 7.31%

AMAZON.COM INC COMMON 1.81% 4.16%

NVIDIA CORP COMMON STOCK 1.73% 8.20%

BROADCOM INC COMMON 1.69% 2.17%

ALPHABET INC-CL A 1.67% 4.13%

META PLATFORMS INC COMMON 1.66% 2.54%

ABBVIE INC COMMON STOCK 1.70% 1.58%

PHILIP MORRIS INTERNATIONAL INC 1.72% 1.34%

ELI LILLY AND COMPANY 1.17% 1.64%

RTX CORP 1.26% 1.09%

Only in one fund ↓

Only in JEPI

VISA INC COMMON STOCK USD 1.88%

ROSS STORES INC COMMON 1.24%

ECOLAB INC COMMON STOCK 1.17%

VERTIV HOLDINGS CO 1.07%

CITIGROUP INC COMMON 0.98%

S&P 500 equity-linked note 10 0.96%

S&P 500 equity-linked note 11 0.96%

S&P 500 equity-linked note 12 0.96%

Only in ROCY

WELLS FARGO & CO COMMON 2.02%

CSX CORP COMMON STOCK USD 1.22%

BANK OF AMERICA CORP 1.09%

MORGAN STANLEY DEAN 0.73%

ANALOG DEVICES INC 0.67%

HILTON WORLDWIDE HOLDINGS 0.64%

NORTHROP GRUMMAN CORP 0.60%

GE VERNOVA INC COMMON 0.53%

Check overlap with more funds →

Side by side

JEPI JPMorgan Equity Premium Income ETF · Writes calls through equity-linked notes (ELNs) on the S&P 500, paying monthly ROCY JPMorgan Equity Premium Yield ETF · Covered call on SPY, paying monthly

Issuer JPMorgan JPMorgan

Strategy covered call covered call

Benchmark S&P 500 (SPY) S&P 500 (SPY)

Pays monthly monthly

Payout rate, annualized 7.1% 6.6%

Expense ratio 0.35% 0.35%

Cash paid, 1 year 8.1% 4.8% (since launch, Mar 19, 2026)

Price change, 1 year +3.4% +10.2% (since launch, Mar 19, 2026)

Total return, 1 year +12.0% +15.3% (since launch, Mar 19, 2026)

Benchmark return, 1 year +14.8% +17.1% (since launch, Mar 19, 2026)

Ahead or behind −2.8 pts −1.8 pts (since launch, Mar 19, 2026)

Return of capital, latest estimate not published not published

Age 6.5 years 230 days

Net assets, as of Nov 3, 2026 $46.1bn $884m

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 ROCY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	JEPI	ROCY	JEPI	ROCY	JEPI	ROCY
3 months	+3.3%	+1.1%	1.8%	1.6%	+3.4 pts	+1.2 pts
6 months	+7.3%	+6.5%	3.9%	3.5%	+2.3 pts	+1.5 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 · ROCY Mar 2026	+102.1%	+15.3%	62.2%	4.8%	−82.3 pts	−1.9 pts

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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.

ROCY

Over the period from its first trade on Mar 19, 2026 to Nov 4, 2026, ROCY paid 4.8% of its starting value in cash distributions while its price rose 10.2%. With every distribution reinvested, the fund returned +15.3%. S&P 500 (SPY) returned +17.1% over the same days, so a holder was behind by 1.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.6%, paid monthly.

Questions people ask

Which is cheaper, JEPI or ROCY?: JEPI and ROCY both charge 0.35% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

JEPI vs OMAH JEPI vs BALI JEPI vs KHPI JEPI vs DUBS ROCY vs SPYI ROCY vs XYLD ROCY vs XDTE ROCY vs SEPI

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 →ROCY on its own →JEPI dividend history →JEPI holdings →ROCY dividend history →ROCY holdings →Method →Standards and sources →

Sources and dates

JEPI and ROCY filings on SEC EDGAR ↗

JEPI prospectus with the expense ratio (SEC) ↗

JPMorgan website ↗

ROCY prospectus with the expense ratio (SEC) ↗

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

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

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

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