JEPI vs ZHDG
JPMorgan Equity Premium Income ETF compared with ZEGA Buy and Hedge ETF on yield, payout growth, payment schedule, cost and risk.
JEPI
JPMorgan Equity Premium Income ETF
TTM yield · Monthly
ZHDG
ZEGA Buy and Hedge ETF
TTM yield · Annual
Quick take
- JEPI yields more today: 8.06% vs 2.42% (forward).
- ZHDG has grown its payout faster: 0.8%/yr vs -5.0%/yr over the last 3 years.
- JEPI pays every month; ZHDG pays once a year.
- Over the last year ZHDG delivered the higher total return: +11.9% vs +7.5% (price change plus payouts).
- JEPI is cheaper to own: 0.35% vs 0.95% expense ratio.
- JEPI has the steadier distribution: consistency 92/100 vs 68/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JEPI | ZHDG |
|---|---|---|
| Share price | $56.87 | $24.03 |
| TTM yield | 8.06% | 2.42% |
| Forward yield | 8.06% | 2.42% |
| Annual payout per share | $4.583 | $0.581 |
| Payment frequency | Monthly | Annual |
| Next ex-date | Oct 1, 2026 (est.) | Dec 24, 2026 (est.) |
| Expense ratio | 0.35% | 0.95% |
| 1-year payout growth | -4.1% | +10.5% |
| 5-year payout CAGR | -0.1% | — |
| Consecutive years of increases | 1 year | 2 years |
| Payout consistency (last 12) | 92/100 | 68/100 |
| 1-year total return | +7.5% | +11.9% |
| 1-year price return | -0.5% | +9.2% |
| Size (market cap / AUM) | 46.2B | 35.4M |
| Years paying | 6.2 | 4.7 |
| 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 | ZHDG | |
|---|---|---|
| Shares | 175.8 | 416.1 |
| Income per year | $806 | $242 |
| Income per month (avg) | $67 | $20 |
At forward yields, before taxes. Model JEPI · Model ZHDG
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. |
| ZHDG Dec 24, 2026 | Jan 7, 2027 | $0.581 | Est. |
Annual payouts per share
JEPIZHDG
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 ZHDG?
JEPI currently has the higher trailing yield: JEPI yields 8.06% and ZHDG yields 2.42%. Yield changes daily with price, so check the live figures above.
How often do JEPI and ZHDG pay?
JEPI pays every month and ZHDG pays once a year. JEPI's next ex-date is Oct 1, 2026 and ZHDG's is Dec 24, 2026.
Which has grown its dividend faster, JEPI or ZHDG?
ZHDG has grown its payout faster: 0.8%/yr vs -5.0%/yr over the last 3 years.
Is JEPI or ZHDG better for income?
It depends on what you are optimising for. JEPI and ZHDG 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.