JEPI and PUTW 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 PUTW provides ~8% yield targeting sophisticated investor seeking income via put writing strategy. 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
WisdomTree PutWrite Strategy Fund
5.5
Overall Score
| Criteria | JEPI | PUTW |
|---|---|---|
| Overall Score | 6.1 5.5 | |
| Total Return (25%) | 4.8 3.7 | |
| Downside Protection (25%) | 7.7 6.9 | |
| Upside Participation (25%) | 6.0 6.0 | |
| Consistency (15%) | 4.5 5.0 | |
| Expense Ratio (5%) | 8.1 7.0 | |
| Liquidity (5%) | 8.9 5.9 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | JEPI | PUTW |
|---|---|---|
| Expense Ratio | 0.350% | 0.440% |
| Inception Date | May 20, 2020 | Feb 24, 2016 |
| Issuer | JPMorgan | WisdomTree |
| 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
Interesting alternative to traditional covered calls — similar economics, different mechanics
Investor Profile:
Sophisticated investor seeking income via put writing strategy