IWMI vs JEPI: Yield, Cost and Returns Compared
As of Nov 8, 2026, IWMI yields more: 15.07% (dividend yield) against 7.47% for JEPI. JEPI is cheaper to own at 0.35% a year vs 0.68%. Over the same 2 years (Jun 2024 to Oct 2026), IWMI returned 14.5% a year with distributions reinvested, and JEPI 9.1%.
IWMINEOS Russell 2000 High Income ETF15.07%dividend yield
JEPIJPMorgan Equity Premium Income ETF7.47%dividend yield| Compared | IWMI | JEPI |
|---|---|---|
| YieldDividend yield | 15.07% | 7.47% |
| Expense ratio | 0.68% | 0.35% |
| Total return, 1 yr | +15.2% | +9.6% |
| Total return, 3 yr (a year) | — | +11.5% |
| Total return, 5 yr (a year) | — | +7.4% |
| Worst drop since Jun 2024 | -15.3% | -5.7% |
| Share price since Jun 2024 | −2% | +2% |
| Pays | Monthly | Monthly |
| Issuer | Neos | JPMorgan |
| Assets | $1.3B | $46.2B |
| Started | 2024 | 2020 |
| Type | Derivative Income | Derivative Income |
Higher yield
IWMI
15.07%
Lower cost
JEPI
0.35%
Better total return
IWMI
14.5%/yr
Smaller worst drop
JEPI
-5.7%
Key facts: IWMI vs JEPI
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, IWMI yields 15.07% (dividend yield) and JEPI yields 7.47% (dividend yield).
- IWMI's expense ratio is 0.68% and JEPI's is 0.35%: $68 vs $35 a year on $10,000.
- From Jun 2024 to Oct 2026, $10,000 in IWMI grew to $13,714 (14.5% a year) and $10,000 in JEPI to $12,243 (9.1% a year), distributions reinvested.
- Their worst month-end drops over that time: -15.3% for IWMI and -5.7% for JEPI.
- 0 of IWMI's top ten holdings are also in JEPI's top ten.
Cite this page
SmarterDividends, "IWMI vs JEPI: Yield, Cost and Returns Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/iwmi-vs-jepi
$10,000 in each, Jun 2024 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
IWMI became
$13,714
14.5% a year
JEPI became
$12,243
9.1% a year
Top holdings
No overlap in the top ten.
IWMI
- VTWO Vanguard Russell 2000 ETF99.7%
- FXFXX First American Treasury Obligs X0.7%
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%
IWMI vs JEPI: questions
Is IWMI or JEPI better?
It depends on the job. IWMI pays more today (15.07% vs 7.47%), JEPI costs less, and IWMI has the better total return over Jun 2024 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, IWMI or JEPI?
IWMI, at 15.07% against 7.47% for JEPI as of Nov 8, 2026. On $10,000 that's about $1,507 vs $747 a year at today's rates.
Which has the better total return?
IWMI. From Jun 2024 to Oct 2026, it returned 14.5% a year with distributions reinvested, against 9.1% for JEPI. $10,000 became $13,714 vs $12,243.
Which is cheaper, IWMI or JEPI?
JEPI, with a 0.35% expense ratio against 0.68%.
Do IWMI and JEPI hold the same things?
Not at the top: none of their top ten holdings match.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. JEPI leads on 3 of 5 measures above. For information only, not investment advice. Last fund data: Nov 8, 2026.