JEPI
JPMorgan Equity Premium Income ETF (JEPI)
JEPI (JPMorgan Equity Premium Income ETF) charges a 0.35% expense ratio. On a $10,000 investment that is about $35.00 per year in fund fees, or about $350 per year on $100,000. The fee is deducted automatically from the fund's value, not billed separately. See how expense ratios work →
Performance (data as of Jul 14, 2026): YTD +2.2% · 1-year -0.1% · 3-year +9.6% annualized · 5-year +7.4% annualized. Dividend yield 8.11%. $44.7B in assets. Past performance does not guarantee future results.
The catch with JEPI's 8% yield lives in the tax code. Most of it is options premium, taxed as ordinary income rather than as qualified dividends. In a taxable account at the 24% bracket, close to a quarter of every distribution goes to the IRS. JEPI earns its place inside an IRA, where the yield stays whole.
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Editorial opinion based on documented fund characteristics, not personalized investment advice. ETF BFF is not a registered investment advisor.
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📈 Performance history
Annualized where notedReturns are price-based and exclude dividend reinvestment. Total return will typically be higher by approximately the fund's annual yield. Past performance does not guarantee future results.
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Top Holdings
| Progressive Corp. | 1.8% |
| Amazon.com | 1.7% |
| Microsoft Corp. | 1.7% |
| JPMorgan Chase | 1.6% |
| Mastercard Inc. | 1.5% |
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❓ Questions people actually ask about this ETF
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JEPI's expense ratio is 0.35% per year. On a $10,000 investment, that is roughly $35.00 per year in fund fees, automatically deducted from the fund's NAV, not billed separately. What expense ratios cover, and what a good one looks like →
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The catch with JEPI's 8% yield lives in the tax code. Most of it is options premium, taxed as ordinary income rather than as qualified dividends. In a taxable account at the 24% bracket, close to a quarter of every distribution goes to the IRS. JEPI earns its place inside an IRA, where the yield stays whole. Past performance does not guarantee future results. Educational only, not personalized investment advice. ETF BFF is not a registered investment advisor.
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JEPI returned -0.1% over the trailing 12 months. Past performance does not guarantee future results. ETF returns fluctuate with market conditions. Educational only, not personalized investment advice.
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JEPI (JPMorgan Equity Premium Income ETF) has $44.7B in assets under management. AUM is a measure of fund size and liquidity. Larger funds generally have tighter bid-ask spreads and are less likely to close. It is not a measure of quality or expected returns.
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JEPI has a trailing 12-month dividend yield of 8.11%. ETF dividends are paid to shareholders based on distributions collected from the underlying holdings. Dividend payments are not guaranteed and can vary each quarter based on fund holdings and market conditions. Educational only, not personalized investment advice.
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Use the ETF BFF comparison tool at etfbff.com/research/compare/ to run a side-by-side analysis of JEPI against similar ETFs, covering expense ratios, holdings overlap, performance history, and our plain-English verdict on which one fits your goals.
All answers are educational and general in nature, not personal financial advice. Always verify data with the fund issuer and do your own research before investing.