JEPI vs RYLD: Dividend Yield, Total Return & Fees Compared

JPMorgan Equity Premium Income ETFRussell 2000 Covered Call ETF

Data as of the close · refreshed automatically every trading day

Higher yieldRYLD12.05% vs 8.07%
Better 1-year total returnRYLD+17.67% vs +8.55%
Better 5-year total returnJEPI+42.95% vs +12.07%
Lower expense ratioJEPI0.35% vs 0.60%

JEPI vs RYLD at a glance

JPMorgan Equity Premium Income ETF (JEPI) and Russell 2000 Covered Call ETF (RYLD) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, RYLD returned +17.67% with dividends reinvested, compared with +8.55% for JEPI. RYLD currently yields 12.05% (trailing 12-month) against 8.07% for JEPI. Across five years the total-return gap is +42.95% for JEPI vs +12.07% for RYLD.

RYLD leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.

Key figures for JEPI and RYLD
MetricJEPIRYLD
Last close$56.76$15.55
Dividend yield8.07% (TTM)12.05% (TTM)
Expense ratio0.35%0.60%
Paysmonthlymonthly
Dividends, last 12 months$4.58 (12 payments)$1.87 (12 payments)
IssuerJ.P. MorganGlobal X
InceptionMay 21, 2020Apr 18, 2019

Performance: JEPI vs RYLD

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

JEPIRYLD

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
JEPIJPMorgan Equity Premium Income ETF
8.07%
+8.55%$56.76$0.371MonthlyJ.P. Morgan
RYLDRussell 2000 Covered Call ETF
12.05%
+17.67%Best$15.55$0.148MonthlyGlobal X

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
JEPIJPMorgan Equity Premium Income ETF-1.74%+3.25%+4.35%+8.55%+13.02%+42.95%
RYLDRussell 2000 Covered Call ETF-3.46%+0.93%+10.46%+17.67%+23.54%+12.07%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
JEPIJPMorgan Equity Premium Income ETF$0.371Sep 1, 2026+1.09%$4.58312 payoutsOct 1, 2025: $0.361Nov 3, 2025: $0.346Dec 1, 2025: $0.371Dec 31, 2025: $0.427Feb 2, 2026: $0.344Mar 2, 2026: $0.351Apr 1, 2026: $0.421May 1, 2026: $0.448Jun 1, 2026: $0.389Jul 1, 2026: $0.387Aug 3, 2026: $0.367Sep 1, 2026: $0.371
RYLDRussell 2000 Covered Call ETF$0.148Sep 21, 2026-10.30%$1.87312 payoutsOct 20, 2025: $0.153Nov 24, 2025: $0.152Dec 22, 2025: $0.155Jan 20, 2026: $0.157Feb 23, 2026: $0.158Mar 23, 2026: $0.148Apr 20, 2026: $0.157May 18, 2026: $0.157Jun 22, 2026: $0.162Jul 20, 2026: $0.161Aug 24, 2026: $0.165Sep 21, 2026: $0.148

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

JEPIRYLD
Sep 1, 2026$0.371Sep 21, 2026$0.148
Aug 3, 2026$0.367Aug 24, 2026$0.165
Jul 1, 2026$0.387Jul 20, 2026$0.161
Jun 1, 2026$0.389Jun 22, 2026$0.162
May 1, 2026$0.448May 18, 2026$0.157
Apr 1, 2026$0.421Apr 20, 2026$0.157
Mar 2, 2026$0.351Mar 23, 2026$0.148
Feb 2, 2026$0.344Feb 23, 2026$0.158
Dec 31, 2025$0.427Jan 20, 2026$0.157
Dec 1, 2025$0.371Dec 22, 2025$0.155
Nov 3, 2025$0.346Nov 24, 2025$0.152
Oct 1, 2025$0.361Oct 20, 2025$0.153

JEPI vs RYLD: common questions

Which pays a higher dividend, JEPI or RYLD?

As of September 25, 2026, JEPI yields 8.07% (trailing 12-month) and RYLD yields 12.05% (trailing 12-month), so RYLD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, JEPI or RYLD?

Over the past year with dividends reinvested, JEPI returned +8.55% and RYLD returned +17.67%. Over five years, JEPI returned +42.95% and RYLD returned +12.07%. Past performance does not predict future results.

What would $10,000 in JEPI vs RYLD be worth after one year?

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $10,855 in JEPI and $11,767 in RYLD.

Which is cheaper to own, JEPI or RYLD?

JEPI has the lower expense ratio at 0.35% a year, compared with 0.60% for RYLD. On $10,000 that is roughly $35 vs $60 a year.

How often do JEPI and RYLD pay dividends?

JEPI pays monthly (12 payments in the last 12 months) and RYLD pays monthly (12 payments).

Is JEPI or RYLD the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Related comparisons

More side-by-side comparisons with JEPI and RYLD.

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.