GPIX vs JEPI: Yield, Cost and Returns Compared
As of Nov 8, 2026, GPIX yields more: 7.89% (dividend yield) against 7.47% for JEPI. GPIX is cheaper to own at 0.29% a year vs 0.35%. Over the same 3 years (Oct 2023 to Oct 2026), GPIX returned 21.1% a year with distributions reinvested, and JEPI 11.5%.
GPIXGoldman Sachs S&P 500 Premium Income ETF7.89%dividend yield
JEPIJPMorgan Equity Premium Income ETF7.47%dividend yield| Compared | GPIX | JEPI |
|---|---|---|
| YieldDividend yield | 7.89% | 7.47% |
| Expense ratio | 0.29% | 0.35% |
| Total return, 1 yr | +13.2% | +9.6% |
| Total return, 3 yr (a year) | +21.1% | +11.5% |
| Total return, 5 yr (a year) | — | +7.4% |
| Worst drop since Oct 2023 | -6.8% | -5.7% |
| Share price since Oct 2023 | +39% | +9% |
| Pays | Monthly | Monthly |
| Issuer | Goldman Sachs | JPMorgan |
| Assets | $6.4B | $46.2B |
| Started | 2023 | 2020 |
| Type | Derivative Income | Derivative Income |
Higher yield
GPIX
7.89%
Lower cost
GPIX
0.29%
Better total return
GPIX
21.1%/yr
Smaller worst drop
JEPI
-5.7%
Key facts: GPIX vs JEPI
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, GPIX yields 7.89% (dividend yield) and JEPI yields 7.47% (dividend yield).
- GPIX's expense ratio is 0.29% and JEPI's is 0.35%: $29 vs $35 a year on $10,000.
- From Oct 2023 to Oct 2026, $10,000 in GPIX grew to $17,764 (21.1% a year) and $10,000 in JEPI to $13,872 (11.5% a year), distributions reinvested.
- Their worst month-end drops over that time: -6.8% for GPIX and -5.7% for JEPI.
- 2 of GPIX's top ten holdings are also in JEPI's top ten, an overlap of at least 4% of the fund.
Cite this page
SmarterDividends, "GPIX vs JEPI: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/gpix-vs-jepi
$10,000 in each, Oct 2023 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
GPIX became
$17,764
21.1% a year
JEPI became
$13,872
11.5% a year
Year by year
| Year | GPIX | JEPI |
|---|---|---|
| 2025 | +16.2% | +8.1% |
| 2024 | +21.8% | +12.6% |
Total return each calendar year, distributions reinvested.
Top holdings
2 of the top ten overlap, at least 4% of each fund.
GPIX
- AAPL Apple Inc7.7%
- NVDA NVIDIA Corp7.6%
- MSFT Microsoft Corp5.9%
- AMZN Amazon.com Inc3.6%
- XLC State Street® CommServSelSectSPDR®ETF3.5%
- GOOGL Alphabet Inc Class A2.8%
- AVGO Broadcom Inc2.4%
- LLY Eli Lilly and Co1.7%
- TSLA Tesla Inc1.7%
- BRK-B Berkshire Hathaway Inc Class B1.6%
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%
GPIX vs JEPI: questions
Is GPIX or JEPI better?
It depends on the job. GPIX pays more today (7.89% vs 7.47%), GPIX costs less, and GPIX has the better total return over Oct 2023 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, GPIX or JEPI?
GPIX, at 7.89% against 7.47% for JEPI as of Nov 8, 2026. On $10,000 that's about $789 vs $747 a year at today's rates.
Which has the better total return?
GPIX. From Oct 2023 to Oct 2026, it returned 21.1% a year with distributions reinvested, against 11.5% for JEPI. $10,000 became $17,764 vs $13,872.
Which is cheaper, GPIX or JEPI?
GPIX, with a 0.29% expense ratio against 0.35%.
Do GPIX and JEPI hold the same things?
Partly. 2 of their top ten holdings match (AAPL, MSFT), at least 4% 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. GPIX leads on 5 of 6 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.