Data as of .
JEPI vs SCEP: which paid, and which earned it?
JEPI and SCEP both write options for income.
What they hold in common
By the books each fund has filed, JEPI and SCEP hold 29% of their money in the same securities at the same weight.
| Holding | JEPI | SCEP |
|---|---|---|
| AbbVie, Inc. | 1.74% | 1.62% |
| Lam Research Corp. | 1.57% | 2.64% |
| Johnson & Johnson | 1.68% | 1.54% |
| Apple, Inc. | 1.53% | 5.71% |
| NVIDIA Corp. | 1.53% | 5.70% |
| Alphabet, Inc. | 1.52% | 5.98% |
| Amazon.com, Inc. | 1.48% | 4.68% |
| Visa, Inc. | 1.42% | 1.98% |
| Broadcom, Inc. | 1.33% | 5.61% |
| Microsoft Corp. | 1.30% | 3.49% |
| Meta Platforms, Inc. | 1.22% | 2.23% |
| Costco Wholesale Corp. | 1.12% | 2.40% |
| Only in JEPI | Only in SCEP |
|---|---|
| Howmet Aerospace, Inc. 1.70% | JP MORGAN CHASE & COMPANY 3.55% |
| Eaton Corp. plc 1.64% | PARKER-HANNIFIN CORP 2.63% |
| Trane Technologies plc 1.62% | WILLIAMS COMPANIES INC (THE) 2.15% |
| Ross Stores, Inc. 1.52% | ILLINOIS TOOL WORKS INC 2.07% |
| NextEra Energy, Inc. 1.50% | MONOLITHIC POWER SYSTEMS INC 1.89% |
| Vertex Pharmaceuticals, Inc. 1.48% | AIR PRODUCTS AND CHEMICALS INC 1.87% |
| EOG Resources, Inc. 1.46% | AFLAC INC 1.71% |
| 3M Co. 1.43% | CHUBB LTD (SWITZERLAND) 1.56% |
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 Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| JEPI | SCEP | JEPI | SCEP | JEPI | SCEP | |
| 3 months | +2.3% | −0.1% | 2.0% | 1.7% | 0.0 pts | −2.4 pts |
| 6 months | +4.6% | +8.3% | 4.3% | 3.7% | −13.5 pts | −9.7 pts |
| 1 year | +7.0% | not published | 8.1% | not published | −9.5 pts | not published |
| 3 years | +29.4% | not published | 24.6% | not published | −49.0 pts | not published |
| Since launch | +92.6% | +3.5% | 60.9% | 5.0% | −89.9 pts | −8.2 pts |
| JEPI JPMorgan Equity Premium Income ETF Covered call on SPY, paying monthly | SCEP STERLING CAPITAL HEDGED EQUITY PREMIUM INCOME ETF Covered call on SPY, paying monthly | |
|---|---|---|
| Issuer | JPMorgan | Sterling Capital |
| Strategy | covered call | covered call |
| Benchmark | S&P 500 (SPY) | S&P 500 (SPY) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.9% | 7.1% |
| Expense ratio | 0.35% | 0.65% |
| Cash paid, 1 year | 8.1% | 5.0% (since launch on Dec 11, 2025) |
| Price change, 1 year | −1.2% | −1.6% |
| Total return, 1 year | +7.0% | +3.5% (since launch on Dec 11, 2025) |
| Benchmark return, 1 year | +16.6% | +11.7% |
| Ahead or behind | −9.5 pts | −8.2 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 2311 days | 281 days |
| Net assets | $45.3bn | $235m |
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.
SCEP in plain words
Over the period since launch on Dec 11, 2025 to Sep 18, 2026, SCEP paid 5.0% of its starting value in cash distributions while its price fell 1.6%. With every distribution reinvested, the fund returned +3.5%. S&P 500 (SPY) returned +11.7% over the same days, so a holder was behind by 8.2 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.1%, paid monthly.
Questions people ask
- Which is cheaper, JEPI or SCEP?
- JEPI charges 0.35% a year and SCEP charges 0.65%, 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 SCEP, data as of Sep 18, 2026. https://etfiq.com/compare/income/jepi-vs-scep Free to use with attribution; the underlying files are at Open data.