JEPI and ETV are both covered call ETFs tracking the same benchmark, but with different approaches. JEPI offers ~8.3% yield with a focus on income investor seeking stability and downside protection over maximum yield, while ETV provides ~8% yield targeting income investor comfortable with cef structure seeking long track record. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
JPMorgan Equity Premium Income ETF
6.3
Overall Score
Eaton Vance Tax-Managed Buy-Write Opportunities
5.5
Overall Score
| Criteria | JEPI | ETV |
|---|---|---|
| Overall Score | 6.3 5.5 | |
| Total Return (25%) | 5.4 5.8 | |
| Downside Protection (25%) | 7.7 3.5 | |
| Upside Participation (25%) | 6.3 8.2 | |
| Consistency (15%) | 4.5 5.0 | |
| Expense Ratio (5%) | 8.1 1.4 | |
| Liquidity (5%) | 8.9 5.0 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | JEPI | ETV |
|---|---|---|
| Expense Ratio | 0.350% | 0.890% |
| Inception Date | May 20, 2020 | Sep 30, 2005 |
| Issuer | JPMorgan | Eaton Vance |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 5/5 stars |
The reference standard of the sector — not the highest performer but the most resilient
Investor Profile:
Income investor seeking stability and downside protection over maximum yield
Historical value for stress-testing — but newer ETF alternatives offer better structure and lower fees
Investor Profile:
Income investor comfortable with CEF structure seeking long track record