JEPI and FTHI are both covered call ETFs tracking the same benchmark, but with different approaches. JEPI offers a 8.20% yield, while FTHI provides a 8.97% yield. 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
6.90
Overall Score
First Trust BuyWrite Income ETF
5.78
Overall Score
| Criteria | JEPI | FTHI |
|---|---|---|
| Overall Score | 6.90 5.78 | |
| Total Return (25%) | 5.05 3.80 | |
| Downside Protection (25%) | 8.27 5.38 | |
| Upside Participation (25%) | 6.00 6.54 | |
| Consistency (15%) | 8.12 9.93 | |
| Expense Ratio (5%) | 8.12 1.88 | |
| Liquidity (5%) | 8.89 5.27 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | JEPI | FTHI |
|---|---|---|
| Expense Ratio | 0.350% | 0.750% |
| Inception Date | May 20, 2020 | Jan 6, 2014 |
| Issuer | JPMorgan | First Trust |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 5/5 stars |
Cut volatility by a third (10.0% vs 15.7%) and the 2022 loss to -3.5%, but captured only 60% of S&P 500 upside, so five-year return is half of SPY's.
Investor Profile:
JEPI is an actively managed JPMorgan fund that holds a low-volatility basket of about 142 large-cap U.S. stocks. It earns option income through equity-linked notes (ELNs) on the S&P 500, about 15% of the portfolio against a 20% regulatory cap. The ELNs are unsecured bank obligations spread across at least six issuers. It pays monthly and charges 0.35%.
A 9.0% yield with a 69% overwrite, but the worst drawdown (-23.6%) was nearly identical to SPY's (-23.9%).
Investor Profile:
FTHI holds about 192 U.S.-listed equities of all sizes and writes covered calls on the S&P 500 Index. The overwrite averages 69% of NAV, with calls about 0.6% out of the money and 26 days to expiry on average. First Trust Advisors manages it and the fund pays monthly.
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
28 covered call ETFs, rescored every month on total return, downside protection and NAV stability. One email a month, no promotions.
We store your email to send the monthly ranking. Unsubscribe any time by replying to any email. We never share or sell it.