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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
32.8 %

110 positions appear in both funds. Buying equal dollars of JEPI and SPYI would leave roughly 32.8% of each dollar exposed to the same underlying securities.

JEPI unmatched 66.1% Shared 32.8% SPYI unmatched 67.2%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In JEPI only
17 positions
Shared
110 positions
In SPYI only
395 positions

Side by side

JEPI

JPMorgan Equity Premium Income ETF

JPMorgan · Covered-Call Income

70 composite / 100
Expense ratio
0.35%
Net assets
$45.27B
TTM yield
8.03%
Top-10 conc.
15.9%
SPYI

Neos S&P 500(R) High Income ETF

NEOS · Covered-Call Income

53 composite / 100
Expense ratio
0.68%
Net assets
$12.25B
TTM yield
12.01%
Top-10 conc.
36.4%

Sub-score comparison

65
Cost
32
44
Tax efficiency
36
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

110 shared in total
# Holding In JEPI In SPYI Overlap
1 NVIDIA Corp. 1.52% 7.54% 1.52%
2 Apple, Inc. 1.52% 6.56% 1.52%
3 Alphabet, Inc. 1.50% 3.27% 1.50%
4 Amazon.com, Inc. 1.46% 3.63% 1.46%
5 Broadcom, Inc. 1.32% 2.78% 1.32%
6 Microsoft Corp. 1.28% 4.30% 1.28%
7 Meta Platforms, Inc. 1.21% 1.91% 1.21%
8 Eli Lilly & Co. 1.04% 1.46% 1.04%
9 Johnson & Johnson 1.66% 0.95% 0.95%
10 Visa, Inc. 1.41% 0.89% 0.89%
11 Lam Research Corp. 1.56% 0.83% 0.83%
12 Walmart, Inc. 0.91% 0.77% 0.77%

Only in JEPI

17 total
  • BNP Paribas Issuance BV 0.96%
  • BNP Paribas Issuance BV 0.95%
  • Barclays Bank plc 0.94%
  • National Bank of Canada 0.94%
  • BNP Paribas Issuance BV 0.93%
  • Citigroup Global Markets Holdings, Inc. 0.93%
  • BofA Finance LLC 0.91%
  • Royal Bank of Canada 0.91%
  • National Bank of Canada 0.91%
  • Barclays Bank plc 0.89%

Only in SPYI

395 total
  • Alphabet Inc 2.60%
  • Micron Technology Inc 1.98%
  • Tesla Inc 1.84%
  • JPMorgan Chase & Co 1.36%
  • Intel Corp 1.01%
  • Applied Materials Inc 0.88%
  • Caterpillar Inc 0.76%
  • Cisco Systems Inc 0.72%
  • General Electric Co 0.61%
  • KLA Corp 0.61%

Percentages are holdings overlap with the named fund.

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.