Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

JOYT vs XSHP: which paid, and which earned it?

JOYT and XSHP both write options for income.

JPMorgan Equity and Options Total Return ETF and Kurv SpaceX (SPAX) Enhanced Income ETF.

0.7%JOYT cash paid, 1 year
7.3%XSHP cash paid, 1 year
+15.9%JOYT total return, 1 year
−13.1%XSHP total return, 1 year
JOYT0.7 pts behind SPY · 1 year to Sep 18, 2026
SPY+16.6%JOYT+15.9%0.7 pts behind SPYTotal return, distributions reinvestedSPY+16.6%JOYT+15.9%0.7 pts behind SPY
XSHP16.4 pts behind SPY · since launch to Sep 18, 2026
SPY+3.3%XSHP−13.1%16.4 pts behind SPYTotal return, distributions reinvestedSPY+3.3%XSHP−13.1%16.4 pts behind SPY

Performance, window by window

JOYT and XSHP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
JOYTXSHPJOYTXSHPJOYTXSHP
3 months+3.8%−11.0%0.2%7.4%+1.5 pts−13.3 pts
6 months+11.9%not published0.4%not published−6.1 ptsnot published
1 year+15.9%not published0.7%not published−0.7 ptsnot published
Since launch+19.6%−13.1%0.7%7.3%−1.1 pts−16.4 pts
Open the live comparison on ETFIQ
JOYT and XSHP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
JOYT
JPMorgan Equity and Options Total Return ETF
Option income on SPY, paying quarterly
XSHP
Kurv SpaceX (SPAX) Enhanced Income ETF
Covered call on SPY, paying monthly
IssuerJPMorganKurv
Strategyoption incomecovered call
BenchmarkS&P 500 (SPY), used as a default proxyS&P 500 (SPY), used as the proxy
Paysquarterlymonthly
Payout rate, annualized0.7%33.5%
Expense ratio0.35%0.99%
Cash paid, 1 year0.7%7.3% (since launch on Jun 17, 2026)
Price change, 1 year+15.2%−21.8%
Total return, 1 year+15.9%−13.1% (since launch on Jun 17, 2026)
Benchmark return, 1 year+16.6%+3.3%
Ahead or behind−0.7 pts−16.4 pts
Return of capital, latest estimatenot published94%
Age395 days93 days
Net assets$108m$7m

JOYT in plain words

Over the year to Sep 18, 2026, JOYT paid 0.7% of its starting value in cash distributions while its price rose 15.2%. With every distribution reinvested, the fund returned +15.9%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 0.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 0.7%, paid quarterly.

XSHP in plain words

Over the period since launch on Jun 17, 2026 to Sep 18, 2026, XSHP paid 7.3% of its starting value in cash distributions while its price fell 21.8%. With every distribution reinvested, the fund returned −13.1%. S&P 500 (SPY), used as the proxy returned +3.3% over the same days, so a holder was behind by 16.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 33.5%, paid monthly. Kurv estimates that 94% of the distribution paid Sep 3, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, JOYT or XSHP?
JOYT charges 0.35% a year and XSHP charges 0.99%, so JOYT 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.

JOYT against XSHP, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, JOYT against XSHP, data as of Sep 18, 2026. https://etfiq.com/compare/income/joyt-vs-xshp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources