JEPI vs SPYI: ETF Comparison
Compare JEPI (JPMorgan Equity Premium Income ETF) and SPYI (NEOS S&P 500 High Income ETF) side by side by average annual total return since inception — one fair number covering price and dividends.
Updated Aug 4, 2026
*For entertainment purposes ONLY! NOT financial advice! Data may be inaccurate.*
Sponsored by VegaShares
JEPI vs SPYI: The Verdict
On average annual total return since inception, SPYI edges out JEPI: +14.6% per year vs +11.2% per year — a gap of 3.5 percentage points annually. Total return counts both price movement and dividends, so this is the whole picture of each fund's performance, not just yield.
Income investors will notice the yield gap: SPYI currently yields 11.94% vs JEPI's 8.0%. Higher yield often comes with trade-offs in price appreciation, which is exactly why total return is the fairer scoreboard.
Sponsored by VegaShares
JEPI vs SPYI Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| JEPI | JPMorgan Equity Premium Income ETF | JP Morgan | 5/20/2020 | 6.2y | +93.0% | +11.2% | 8.0% | 0.35% | C |
| SPYI | NEOS S&P 500 High Income ETF | NEOS | 8/30/2022 | 3.9y | +71.0% | +14.6% | 11.94% | 0.68% | B |
JEPI vs SPYI — Frequently Asked Questions
Which is better, JEPI or SPYI?
By average annual total return since inception, SPYI edges out JEPI (+14.6% vs +11.2% per year). "Better" depends on your goals — yield, payout frequency, and strategy differ between the two funds.
What is the difference between JEPI and SPYI?
JEPI (JPMorgan Equity Premium Income ETF) is offered by JP Morgan and currently yields 8.0%. SPYI (NEOS S&P 500 High Income ETF) is offered by NEOS and yields 11.94%. Their average annual total returns since inception are +11.2% and +14.6% respectively.
Does SPYI pay a higher dividend than JEPI?
SPYI currently yields 11.94% and JEPI yields 8.0%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.