DIVO vs JEPI: Yield, Cost and Returns Compared
As of Nov 8, 2026, JEPI yields more: 7.47% (dividend yield) against 6.49% for DIVO. JEPI is cheaper to own at 0.35% a year vs 0.56%. Over the same 6 years (May 2020 to Oct 2026), DIVO returned 14.1% a year with distributions reinvested, and JEPI 10.8%.
DIVOAmplify CWP Enhanced Dividend Income ETF6.49%dividend yield
JEPIJPMorgan Equity Premium Income ETF7.47%dividend yield| Compared | DIVO | JEPI |
|---|---|---|
| YieldDividend yield | 6.49% | 7.47% |
| Expense ratio | 0.56% | 0.35% |
| Total return, 1 yr | +12.5% | +9.6% |
| Total return, 3 yr (a year) | +17.6% | +11.5% |
| Total return, 5 yr (a year) | +10.5% | +7.4% |
| Worst drop since May 2020 | -13.1% | -13.0% |
| Share price since May 2020 | +67% | +12% |
| Pays | Monthly | Monthly |
| Issuer | Amplify | JPMorgan |
| Assets | $8.0B | $46.2B |
| Started | 2016 | 2020 |
| Type | Derivative Income | Derivative Income |
Higher yield
JEPI
7.47%
Lower cost
JEPI
0.35%
Better total return
DIVO
14.1%/yr
Smaller worst drop
JEPI
-13.0%
Key facts: DIVO vs JEPI
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, DIVO yields 6.49% (dividend yield) and JEPI yields 7.47% (dividend yield).
- DIVO's expense ratio is 0.56% and JEPI's is 0.35%: $56 vs $35 a year on $10,000.
- From May 2020 to Oct 2026, $10,000 in DIVO grew to $23,304 (14.1% a year) and $10,000 in JEPI to $19,360 (10.8% a year), distributions reinvested.
- Their worst month-end drops over that time: -13.1% for DIVO and -13.0% for JEPI.
- 3 of DIVO's top ten holdings are also in JEPI's top ten, an overlap of at least 6% of the fund.
Cite this page
SmarterDividends, "DIVO vs JEPI: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/divo-vs-jepi
$10,000 in each, May 2020 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
DIVO became
$23,304
14.1% a year
JEPI became
$19,360
10.8% a year
Year by year
| Year | DIVO | JEPI |
|---|---|---|
| 2025 | +17.4% | +8.1% |
| 2024 | +16.2% | +12.6% |
| 2023 | +7.0% | +9.8% |
| 2022 | −1.5% | −3.5% |
| 2021 | +22.9% | +21.5% |
Total return each calendar year, distributions reinvested.
Top holdings
3 of the top ten overlap, at least 6% of each fund.
DIVO
- MSFT Microsoft Corp5.9%
- AMGN Amgen Inc5.7%
- V Visa Inc Class A5.4%
- AGPXX Invesco Shrt-Trm Inv Gov&Agcy Instl5.3%
- AAPL Apple Inc5.1%
- JPM JPMorgan Chase & Co4.9%
- GS The Goldman Sachs Group Inc4.9%
- CAT Caterpillar Inc4.5%
- SOFR Amplify Samsung SOFR ETF4.2%
- AXP American Express Co4.1%
JEPI
- MA Mastercard Inc Class A2.0%
- AAPL Apple Inc1.9%
- MSFT Microsoft Corp1.9%
- V Visa Inc Class A1.9%
- NEE NextEra Energy Inc1.8%
- JNJ Johnson & Johnson1.8%
- EOG EOG Resources Inc1.8%
- MMM 3M Co1.8%
- JIMXX JPMorgan Prime Money Market IM1.8%
- ABBV AbbVie Inc1.8%
DIVO vs JEPI: questions
Is DIVO or JEPI better?
It depends on the job. JEPI pays more today (7.47% vs 6.49%), JEPI costs less, and DIVO has the better total return over May 2020 to Oct 2026, with JEPI holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.
Which pays a higher dividend, DIVO or JEPI?
JEPI, at 7.47% against 6.49% for DIVO as of Nov 8, 2026. On $10,000 that's about $747 vs $649 a year at today's rates.
Which has the better total return?
DIVO. From May 2020 to Oct 2026, it returned 14.1% a year with distributions reinvested, against 10.8% for JEPI. $10,000 became $23,304 vs $19,360.
Which is cheaper, DIVO or JEPI?
JEPI, with a 0.35% expense ratio against 0.56%.
Do DIVO and JEPI hold the same things?
Partly. 3 of their top ten holdings match (AAPL, MSFT, V), at least 6% of each fund. Owning both doubles up on those.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. DIVO leads on 4 of 7 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.