JEPI vs PEPS
JPMorgan Equity Premium Income ETF compared with Parametric Equity Plus ETF on yield, payout growth, payment schedule, cost and risk.
JEPI
JPMorgan Equity Premium Income ETF
TTM yield · Monthly
PEPS
Parametric Equity Plus ETF
TTM yield · Quarterly
Quick take
- JEPI yields more today: 8.11% vs 0.94% (forward).
- JEPI pays every month; PEPS pays every quarter.
- Over the last year PEPS delivered the higher total return: +21.2% vs +6.9% (price change plus payouts).
- PEPS is cheaper to own: 0.10% vs 0.35% expense ratio.
- JEPI has the steadier distribution: consistency 92/100 vs 76/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPI | PEPS |
|---|---|---|
| Share price | $56.53 | $32.89 |
| TTM yield | 8.11% | 0.91% |
| Forward yield | 8.11% | 0.94% |
| Annual payout per share | $4.583 | $0.308 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 21, 2026 (est.) |
| Expense ratio | 0.35% | 0.10% |
| 1-year payout growth | -4.1% | — |
| 5-year payout CAGR | -0.1% | — |
| Consecutive years of increases | 1 year | 1 year |
| Payout consistency (last 12) | 92/100 | 76/100 |
| 1-year total return | +6.9% | +21.2% |
| 1-year price return | -1.1% | +20.1% |
| Size (market cap / AUM) | 46.2B | 29.5M |
| Years paying | 6.2 | 1.7 |
| Sector / category | Derivative Income | Derivative Income |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| JEPI | PEPS | |
|---|---|---|
| Shares | 176.9 | 304.0 |
| Income per year | $811 | $94 |
| Income per month (avg) | $68 | $8 |
At forward yields, before taxes. Model JEPI · Model PEPS
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| JEPI Oct 1, 2026 | Oct 15, 2026 | $0.3819 | Est. |
| JEPI Oct 31, 2026 | Nov 14, 2026 | $0.3819 | Est. |
| JEPI Nov 30, 2026 | Dec 14, 2026 | $0.3819 | Est. |
| PEPS Sep 21, 2026 | Sep 25, 2026 | $0.077 | Est. |
| PEPS Dec 21, 2026 | Dec 25, 2026 | $0.077 | Est. |
| PEPS Mar 22, 2027 | Mar 26, 2027 | $0.077 | Est. |
Annual payouts per share
JEPIPEPS
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, JEPI or PEPS?
JEPI currently has the higher trailing yield: JEPI yields 8.11% and PEPS yields 0.91%. Yield changes daily with price, so check the live figures above.
How often do JEPI and PEPS pay?
JEPI pays every month and PEPS pays every quarter. JEPI's next ex-date is Oct 1, 2026 and PEPS's is Sep 21, 2026.
Is JEPI or PEPS better for income?
It depends on what you are optimising for. JEPI and PEPS differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.