ETF comparison

JEPI vs SPYI

Both Covered-Call Income.

JPMorgan Equity Premium Income ETF · Neos S&P 500(R) High Income ETF

Holdings overlap

Weighted by ISIN/CUSIP
33.1 %

103 positions appear in both funds. Buying equal dollars of JEPI and SPYI would leave roughly 33.1% of each dollar exposed to the same underlying securities.

JEPI only 66.5% Shared 33.1% SPYI only 66.9%
In JEPI only
17 positions
Shared
103 positions
In SPYI only
401 positions

Side by side

JEPI

JPMorgan Equity Premium Income ETF

JPMorgan · Covered-Call Income

70 composite / 100
Expense ratio
0.35%
Net assets
$44.75B
TTM yield
8.07%
Top-10 conc.
15.7%
SPYI

Neos S&P 500(R) High Income ETF

NEOS · Covered-Call Income

53 composite / 100
Expense ratio
0.68%
Net assets
$10.41B
TTM yield
11.71%
Top-10 conc.
36.6%

Sub-score comparison

65
Cost
32
44
Tax efficiency
37
100
Liquidity
100
N/A
Concentration
N/A
Tracking quality
JEPI sub-score SPYI

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

JEPI is 33 bps cheaper than SPYI. On a $100,000 position that's about $330/yr more in fees for SPYI.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with JEPI vs SPYI.

Top shared holdings

103 shared in total
# Holding In JEPI In SPYI Overlap
1 NVIDIA Corp. 1.41% 7.59% 1.41%
2 Amazon.com, Inc. 1.41% 3.65% 1.41%
3 Apple, Inc. 1.39% 6.74% 1.39%
4 Alphabet, Inc. 1.38% 3.00% 1.38%
5 Broadcom, Inc. 1.31% 2.61% 1.31%
6 Microsoft Corp. 1.28% 4.94% 1.28%
7 Meta Platforms, Inc. 1.19% 2.24% 1.19%
8 Johnson & Johnson 1.74% 1.06% 1.06%
9 Walmart, Inc. 1.43% 0.98% 0.98%
10 Visa, Inc. 1.30% 0.91% 0.91%
11 Exxon Mobil Corp. 0.87% 1.29% 0.87%
12 Eli Lilly & Co. 0.83% 1.32% 0.83%

Only in JEPI

17 total
  • JPMorgan Prime Money Market Fund 1.22%
  • BNP Paribas Issuance BV 0.95%
  • National Bank of Canada 0.94%
  • BNP Paribas Issuance BV 0.94%
  • BNP Paribas Issuance BV 0.94%
  • GS Finance Corp. 0.93%
  • BofA Finance LLC 0.93%
  • Royal Bank of Canada 0.93%
  • Societe Generale SA 0.92%
  • BNP Paribas Issuance BV 0.92%

Only in SPYI

401 total
  • Alphabet Inc 2.39%
  • Tesla Inc 1.87%
  • JPMorgan Chase & Co 1.44%
  • Chevron Corp 0.69%
  • Micron Technology Inc 0.68%
  • Palantir Technologies Inc 0.59%
  • Advanced Micro Devices Inc 0.59%
  • Caterpillar Inc 0.58%
  • Home Depot Inc/The 0.58%
  • First American Treasury Obliga 0.55%

Open JEPI or SPYI at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.