JEPI and GPIX 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 GPIX provides ~8.6% yield targeting investor seeking s&p 500 covered call with minimum costs. 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
6.1
Overall Score
Goldman Sachs S&P 500 Premium Income ETF
6.7
Overall Score
| Criteria | JEPI | GPIX |
|---|---|---|
| Overall Score | 6.1 6.7 | |
| Total Return (25%) | 4.8 8.5 | |
| Downside Protection (25%) | 7.7 3.9 | |
| Upside Participation (25%) | 6.0 8.6 | |
| Consistency (15%) | 4.5 4.7 | |
| Expense Ratio (5%) | 8.1 8.9 | |
| Liquidity (5%) | 8.9 5.5 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | JEPI | GPIX |
|---|---|---|
| Expense Ratio | 0.350% | 0.290% |
| Inception Date | May 20, 2020 | Mar 1, 2023 |
| Issuer | JPMorgan | Goldman Sachs |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 5/5 stars | 2/5 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
Direct competitor to SPYI — GPIX wins on fees, SPYI wins on yield
Investor Profile:
Investor seeking S&P 500 covered call with minimum costs