Which is cheaper, JEPI or VOOY?

JEPI charges 0.35% a year and VOOY charges 0.75%, so JEPI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

JEPI vs VOOY: Dividend Yield & Total Return

Share on X Download as PDF

JEPI and VOOY both write options for income.

askIQ about this page

askIQ about JEPI and VOOY

Net assets: $46.1bn on Nov 3, 2026 for JPMorgan Equity Premium Income ETF, beside XFUNDS Large Cap Income ETF.

JEPI on its own →VOOY on its own →

At a glance

8.1%

JEPI cash paid, 1 year

1.5%

VOOY cash paid, since launch, Sep 2, 2026

+12.0%

JEPI total return, 1 year

+0.3%

VOOY total return, since launch, Sep 2, 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.

VOOY · since launch to Nov 4, 2026 Not measured

VOOY

+0.3%

none

Not measured

VOOY since launch: paid 1.5%, price −1.2%, total +0.3%, not measured against a benchmark. Data to Nov 4, 2026.

VOOY

+0.3%

Total return, distributions reinvested

Not measured

VOOY since launch: paid 1.5%, price −1.2%, total +0.3%, not measured against a benchmark. Data to Nov 4, 2026.

VOOY

+0.3%

1.5% of it arrived as cash. Both charts share one scale, with zero at the line. VOOY since launch: paid 1.5%, price −1.2%, total +0.3%, not measured against a benchmark. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

JEPI costs 0.40 points a year less.

Points (pts) are percentage points.

JEPI vs VOOY: Dividend Yield & Total Return
Measure	JEPI	VOOY
Paid and earned
Measure	JEPI	VOOY
Total return, 1 year	+12.0%	not published
Price change	rose 3.4% (1 year)	fell 1.2% (since Sep 2, 2026)
Return of capital, issuer estimate		26% of the Oct 7, 2026 payment
Against its benchmark
Measure	JEPI	VOOY
Benchmark	S&P 500, measured through SPY	not published
Cost and size
Measure	JEPI	VOOY
Expense ratio	0.35%	0.75%
Net assets	$46.1bn	not read by ETFIQ
Holdings
Measure	JEPI	VOOY
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 VOOY XFUNDS Large Cap Income ETF · Option income

Issuer JPMorgan XFUNDS

Strategy covered call option income

Benchmark S&P 500 (SPY) none

Pays monthly not established

Payout rate, annualized 7.1% 9.1%

Expense ratio 0.35% 0.75%

Cash paid, 1 year 8.1% 1.5% (since launch, Sep 2, 2026)

Price change, 1 year +3.4% −1.2% (since launch, Sep 2, 2026)

Total return, 1 year +12.0% +0.3% (since launch, Sep 2, 2026)

Benchmark return, 1 year +14.8% not published

Ahead or behind −2.8 pts not available

Return of capital, latest estimate not published 26%

Age 6.5 years 63 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 VOOY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	JEPI	VOOY	JEPI	VOOY	JEPI	VOOY
3 months	+3.3%	–	1.8%	–	+3.4 pts	–
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 · VOOY Sep 2026	+102.1%	+0.3%	62.2%	1.5%	−82.3 pts	not measured

– means no data for this window. Open this comparison in the app →

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.

VOOY

Over the period from its first trade on Sep 2, 2026 to Nov 4, 2026, VOOY paid 1.5% of its starting value in cash distributions while its price fell 1.2%. With every distribution reinvested, the fund returned +0.3%. At its price on Nov 4, 2026 the latest distribution annualizes to 9.1%, paid periodically. XFUNDS estimates that 26% of the distribution paid Oct 7, 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 VOOY?: JEPI charges 0.35% a year and VOOY charges 0.75%, so JEPI is cheaper. Fees come from each fund's prospectus.

Other comparisons

JEPI vs AIPI JEPI vs AMZY JEPI vs CDPI JEPI vs DDDD VOOY vs SPYI VOOY vs XYLD VOOY vs OMAH VOOY vs ROCY

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

Sources and dates

JEPI filings on SEC EDGAR ↗

JEPI prospectus with the expense ratio (SEC) ↗

JPMorgan website ↗

VOOY filings on SEC EDGAR ↗

VOOY prospectus with the expense ratio (SEC) ↗

VOOY 19a-1 distribution notice ↗

XFUNDS page for VOOY ↗

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 VOOY, data as of Nov 4, 2026. https://etfiq.com/compare/income/jepi-vs-vooy

Open data →

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